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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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CaptainCool
post Apr 22 2014, 12:57 PM

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QUOTE(CloudAtla$ @ Apr 22 2014, 12:37 PM)
Still BBB mode? Really amazing with the current buying mode. That means the gomen fail to control housing price.
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Not about BBB or DDD, we buy what is value for money. Good location, easy accessibility, intergrated mix development, connectivity to mrt, established township and i wouldn't say cheap, but reasonable entry price and affordability.
CaptainCool
post Apr 24 2014, 03:45 PM

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QUOTE(neonikson1 @ Apr 24 2014, 03:33 PM)
So with 12% up,  12th floor should be rm570k now.  After GST is implemented another 6%will be added , then it will be Rm600k.

Ah Soon kor, happy happy?  smile.gif
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Wah,I'm on 21st floor.upon vp can get 700k?lol
CaptainCool
post Apr 24 2014, 04:43 PM

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QUOTE(neonikson1 @ Apr 24 2014, 03:59 PM)
Wah...  Congratulation Captain bro!!!
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lol, dont congratulate leh.... just hoping only..... still wouldn't know what would happen leh.....hahaha
CaptainCool
post Apr 25 2014, 10:41 AM

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QUOTE(Jagalat @ Apr 25 2014, 10:19 AM)
It has been some time since I saw various taikor, taijeh and bosses postings positive wishes and hopes on EKC.  thumbup.gif

Plus, we are heading toward 100 pages...V3?

thumbup.gif
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The concept of ekc is very good for me,now it's just awaiting for the execution side of it.
CaptainCool
post Apr 25 2014, 02:28 PM

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QUOTE(neonikson1 @ Apr 25 2014, 01:26 PM)
Anyone knows of ekovest had done similar projects like ecocheras before?
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I know,I know they have none.lol,they're quite new to this type of integrated high rise developments.but they've been in the construction field for long. Is a solid company too so am hoping they will deliver good on their maiden project and we buyers will be happy to grow together.
CaptainCool
post Apr 25 2014, 02:34 PM

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QUOTE(CMW123 @ Apr 25 2014, 01:40 PM)
http://www.ekovest.com.my/project_track_records.html

Their reputation is mainly as main contractor inclusive of big infrastructure projects but not as a developer, as can be seen by their current "not so impressive" handling of the sales and marketing as a developer compared to other established ones....hope they will invest more resources n talent into those areas which they have yet to master as a developer yet...my 1 cent IMHO
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But bro,for me I'm happy with the way things are regarding their sales n marketing.lol,if they were to invest more talent on it,I'm quite sure so does the selling price.for me they have market the product wrongly,if they got the approval on the mall first before launching,the launch prices should be as similar to the price now,13% higher. So I'm happy in that aspect that they're greenish.just my 2 sen too.cheerssss bro!
CaptainCool
post Apr 25 2014, 02:35 PM

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Lol,just a sudden thought. What do u guys think the price will be if let's say the same project at the same location were to be launched by say.....ecoworld? Rm800 per sqft?
CaptainCool
post Apr 25 2014, 03:03 PM

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QUOTE(neonikson1 @ Apr 25 2014, 02:48 PM)
Noted.  That's the risk we have to factor in. In fact that's is probably the only set back this project has...  sad.gif
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But if you're concerned about their workmanship,maybe you can drop by and have a look at their completed shoplots at kajang perdana? I know it's not apple to apple,but at least that gave some indication I guess?
CaptainCool
post Apr 25 2014, 07:03 PM

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QUOTE(restful increase @ Apr 25 2014, 06:15 PM)
Paper profits yet 2 b realised..
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Agree,but at least there's the feel good factor...and the location can't go wrong I think.
CaptainCool
post May 5 2014, 06:29 PM

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so i also queue here wait for restful gor's insider news lo.....
CaptainCool
post May 6 2014, 02:09 PM

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QUOTE(Jagalat @ May 6 2014, 01:56 PM)
Thanks for the info.
Paiseh for mentioning You City.  blush.gif
From what I found out two weeks ago, the remaining units are RM700-800 psf.
(I have no mean to promote/demote You City since this is the EKC forum)
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no problem, we'll be more than happy if they sell at 800psf. hehehe biggrin.gif biggrin.gif
CaptainCool
post May 10 2014, 10:54 AM

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QUOTE(Jagalat @ May 9 2014, 08:24 PM)
Weekend side track 3:
Not surprise to everyone as it has been mentioned in earlier posts

Interest rates may be raised by 25 basis points to 3.25% during the second half of 2014

http://biz.sinchew.com.my/node/94785

http://www.thestar.com.my/Business/Busines...onetary-policy/
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wao, this is a bit of a shocker.....
CaptainCool
post May 12 2014, 09:29 AM

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QUOTE(soon9913 @ May 12 2014, 09:27 AM)
Lets conclude 3.5 years later see whether your interest paid is more than the 7% rebate....? :-)
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i would say it's highly unlikely.....almost impossible that interest paid is more than 7%, especially for me unit on the 21st floor.... lowest floors maybe.....
CaptainCool
post May 12 2014, 10:10 AM

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QUOTE(kochin @ May 12 2014, 09:39 AM)
the 7% non dibs savings needs to be paid back for gst bor?
for soho buyers lah.
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hmmmm, a daikor already shared info that he written to related government department asking about whether soho under schedule H is subjected to GST and the reply he got was positive..... so no GST involved for our soho units!!!!yeay rclxm9.gif rclxm9.gif rclxm9.gif rclxm9.gif
CaptainCool
post May 12 2014, 10:31 AM

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QUOTE(kochin @ May 12 2014, 10:21 AM)
but gst guideline clearly says soho is kena gst wor.
unless waiver obtained liao?
anyway, before 1st april 2015, anything is still possible.
good luck!
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but that daikor states that soho under Schedule G or H is considered to be residential.... so, we'll just wait and see.
CaptainCool
post May 12 2014, 10:59 AM

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QUOTE(kochin @ May 12 2014, 10:43 AM)
in the talk i attended, the speaker cautioned that the tenant might actually prefer to be charged 6% gst in future because the tenant is able to claim input tax. this is in comparison to landlords who doesn't.
not me say.
Custom say punya:
http://gst.customs.gov.my/en/rg/SiteAssets...0Jan%202014.pdf

item 7.
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"Confirmed that SOHO for residential used (under Housing Development Act) exempt from GST. Royal Malaysia Custom officer replied my email." quote from a fellow forumer. he even attached the letter to it, but sorry i do not know how to upload photos...
CaptainCool
post May 12 2014, 11:01 AM

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kochin gor, this was extracted from your link.....
"If a residential building is built on the commercial land title, it will
be treated as residential and such transaction is exempted from GST. However, if the residential building has been used for commercial purposes, GST is charged on the sale of this building."
pls correct me if i'm wrong, but my comments are a bit biased la, i personally hope that the soho i bought is not subject to GST.

CaptainCool
post May 12 2014, 11:28 AM

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hahaha, no shooting here la. it's just healthy discussion to share more infos.... no one's winning anyway when the government implements GST.
CaptainCool
post May 12 2014, 01:51 PM

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QUOTE(Jagalat @ May 12 2014, 11:42 AM)
Gov wins...LOL
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Fat woman wins,more cincin!!!!
CaptainCool
post May 15 2014, 11:10 AM

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eh, i went to see some other showrooms also have a bit of crowd woh, of course not as crazy as ekocheras la.... but then midfields 2 also ppl queue up overnight leh.....

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