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

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neonikson1
post Mar 30 2014, 03:32 PM

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QUOTE(soon9913 @ Mar 30 2014, 02:42 PM)
My question is whether Ekocheras selling at future price also?
*
Let's see, how do we define "future price"? Meaning if there is no existing property with similar features in the same area selling for similar price.

Are there any existing Soho or Condo selling for rm650 psf in cheras?
Jagalat
post Mar 30 2014, 03:45 PM

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TBM is moving out early Apr to give way for the tear down.
They are having move out sales until 10pm tonite.
Have grabbed an discounted item.
Not promoting for TBM.

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Jagalat
post Mar 30 2014, 03:48 PM

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The Cheers palace has a flat ground for car park usage temporary...

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This post has been edited by Jagalat: Mar 30 2014, 03:59 PM
Jagalat
post Mar 30 2014, 04:03 PM

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QUOTE(neonikson1 @ Mar 30 2014, 03:11 PM)
Actually my real motive is to help Restful kor n Jagalat kor to keep the thread active!  Ha ha...
*
Thank you for keeping the thread active...
Need other bosses and taikors and taichers to post more.
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CMW123
post Mar 30 2014, 05:30 PM

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QUOTE(neonikson1 @ Mar 30 2014, 03:32 PM)
Let's see, how do we define "future price"? Meaning if there is no existing property with similar features in the same area selling for similar price.

Are there any existing Soho or Condo selling for rm650 psf in cheras?
*
Don't think there is any existing Soho in Cheras. Neither is there any existing condo transacting at RM650 psf+

When the Mark at Bukit Segar was launch in end 2012 with FULL furnished around RM550 psf people alredi said almost highest in 2012

In term of current pricing, only later phases of you city is matching.

The premium is in the mrt, mall n future price for sure

But being the most premium project in the whole Cheras must surely be able to fetch premium price in future

We are excluding all those new projects at chochrane selling above RM1000 Psf
neonikson1
post Mar 30 2014, 07:07 PM

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QUOTE(CMW123 @ Mar 30 2014, 05:30 PM)
Don't think there is any existing Soho in Cheras. Neither is there any existing condo transacting at RM650 psf+

When the Mark at Bukit Segar was launch in end 2012 with FULL furnished around RM550 psf people alredi said almost highest in 2012

In term of current pricing, only later phases of you city is matching.

The premium is in the mrt, mall n future price for sure

But being the most premium project in the whole Cheras must surely be able to fetch premium price in future

We are excluding all those new projects at chochrane selling above RM1000 Psf
*
Thanks CMW kor for the verification! Yes I also believe that ekocheras shall mark a new standard of living in the cheras south area.
syong888
post Mar 30 2014, 10:06 PM

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QUOTE(neonikson1 @ Mar 30 2014, 03:32 PM)
Let's see, how do we define "future price"? Meaning if there is no existing property with similar features in the same area selling for similar price.

Are there any existing Soho or Condo selling for rm650 psf in cheras?
*
It is selling at future price due to higher comparing to bank valuation
neonikson1
post Mar 31 2014, 02:05 PM

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QUOTE(syong888 @ Mar 30 2014, 10:06 PM)
It is selling at future price due to higher comparing to bank valuation
*
If compare ekocheras to other normal condo, definitely EC is pricier. But How about comparing EC with other MRT property? Will EC prevail to be the best buy of the century?
CMW123
post Mar 31 2014, 03:23 PM

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List from Patchay, MRT connected new projects


Kg Baru Sg Buloh
- D'Sara Sentral by Mah Sing Group and SqWhere by SDB (*to be connected)

Dataran Sunway
[U/C] - Tropicana Gardens (*to be connected)
[U/C] - Sunway Nexis (*to be connected)

One Utama
[LEASING] - Tower 5 First Avenue (*to be connected)

TTDI
[U/C] - TTDI Ascencia (*to be connected)
[LEASING] - Menara LGB (*to be connected)
[U/C] - The Greens @ TTDI (a short walk away)
[U/C] - Glomac Damansara Residences (a short walk away)

Pusat Bandar Damansara
[U/C] - DC Residency @ Damansara City (a short walk away)

KL Sentral
[U/C] - The Sentral Residences (*to be connected)
[U/C] - The St. Regis Residences (*to be connected)

Cochrane
[NEW & U/C] - Sunway VeloCity (*to be connected)
[COMING SOON] - "Mutiara 428 Cochrane Residences" by Boustead Group (*to be connected)

Maluri
[NEW] - Shamelin Star Soho-Residences (a short walk away)

Taman Bukit Ria
[NEW] - Lido Residency (a short walk away)

Leisure Mall
[COMING SOON] - EkoCheras by Ekovest Group (*to be connected)

Plaza Phoenix
[NEW] - Maxim Residences (a short walk away)

Taman Suntex
[NEW & U/C] - You City (*to be connected)

Taman Cuepacs
[U/C] - 7 Tree Seven Residen (a short walk away)
CMW123
post Mar 31 2014, 03:29 PM

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QUOTE(CMW123 @ Mar 31 2014, 03:23 PM)
List from Patchay, MRT connected new projects
Kg Baru Sg Buloh
- D'Sara Sentral by Mah Sing Group and SqWhere by SDB (*to be connected)

Dataran Sunway
[U/C] - Tropicana Gardens (*to be connected)
[U/C] - Sunway Nexis (*to be connected)

One Utama
[LEASING] - Tower 5 First Avenue (*to be connected)

TTDI
[U/C] - TTDI Ascencia (*to be connected)
[LEASING] - Menara LGB (*to be connected)
[U/C] - The Greens @ TTDI (a short walk away)
[U/C] - Glomac Damansara Residences (a short walk away)

Pusat Bandar Damansara
[U/C] - DC Residency @ Damansara City (a short walk away)

KL Sentral
[U/C] - The Sentral Residences (*to be connected)
[U/C] - The St. Regis Residences (*to be connected)

Cochrane
[NEW & U/C] - Sunway VeloCity (*to be connected)
[COMING SOON] - "Mutiara 428 Cochrane Residences" by Boustead Group (*to be connected)

Maluri
[NEW] - Shamelin Star Soho-Residences (a short walk away)

Taman Bukit Ria
[NEW] - Lido Residency (a short walk away)

Leisure Mall
[COMING SOON] - EkoCheras by Ekovest Group (*to be connected)

Plaza Phoenix
[NEW] - Maxim Residences (a short walk away)

Taman Suntex
[NEW & U/C] - You City (*to be connected)

Taman Cuepacs
[U/C] - 7 Tree Seven Residen (a short walk away)
*
D'sara Sentral, Sqwhere and You City latest phases around same price range as Ekocheras

Those with lower prices than Ekocheras are Glomac Damansara (launched 3 years ago), Shamelin Star, Lido, Maxim, 7TreeSeven
soon9913
post Mar 31 2014, 03:47 PM

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QUOTE(CMW123 @ Mar 31 2014, 03:29 PM)
D'sara Sentral, Sqwhere and You City latest phases around same price range as Ekocheras

Those with lower prices than Ekocheras are Glomac Damansara (launched 3 years ago), Shamelin Star, Lido, Maxim, 7TreeSeven
*
Thanks for sharing. Do u think duplex soho would have higher price than normal single plex condo/soho?
syong888
post Mar 31 2014, 03:50 PM

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QUOTE(soon9913 @ Mar 31 2014, 03:47 PM)
Thanks for sharing. Do u think duplex soho would have higher price than normal single plex condo/soho?
*
Duplex SOHO for EkoCheras will cost more to construct due to higher building. Further more, it is also GBI compliance.
soon9913
post Mar 31 2014, 03:50 PM

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i believe the list of property you mentioned not many are duplex....? and whether the price is still comparable?

QUOTE(CMW123 @ Mar 31 2014, 03:23 PM)
List from Patchay, MRT connected new projects
Kg Baru Sg Buloh
- D'Sara Sentral by Mah Sing Group and SqWhere by SDB (*to be connected)

Dataran Sunway
[U/C] - Tropicana Gardens (*to be connected)
[U/C] - Sunway Nexis (*to be connected)

One Utama
[LEASING] - Tower 5 First Avenue (*to be connected)

TTDI
[U/C] - TTDI Ascencia (*to be connected)
[LEASING] - Menara LGB (*to be connected)
[U/C] - The Greens @ TTDI (a short walk away)
[U/C] - Glomac Damansara Residences (a short walk away)

Pusat Bandar Damansara
[U/C] - DC Residency @ Damansara City (a short walk away)

KL Sentral
[U/C] - The Sentral Residences (*to be connected)
[U/C] - The St. Regis Residences (*to be connected)

Cochrane
[NEW & U/C] - Sunway VeloCity (*to be connected)
[COMING SOON] - "Mutiara 428 Cochrane Residences" by Boustead Group (*to be connected)

Maluri
[NEW] - Shamelin Star Soho-Residences (a short walk away)

Taman Bukit Ria
[NEW] - Lido Residency (a short walk away)

Leisure Mall
[COMING SOON] - EkoCheras by Ekovest Group (*to be connected)

Plaza Phoenix
[NEW] - Maxim Residences (a short walk away)

Taman Suntex
[NEW & U/C] - You City (*to be connected)

Taman Cuepacs
[U/C] - 7 Tree Seven Residen (a short walk away)
*
soon9913
post Mar 31 2014, 03:58 PM

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im not sure if anyone noticed youcity used concrete brick instead of red clay brick for such premium project?
Perhaps anyone here can clarify if concrete brick is better? And i think youcity is not GBI compliance?
CMW123
post Mar 31 2014, 04:22 PM

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QUOTE(soon9913 @ Mar 31 2014, 03:47 PM)
Thanks for sharing. Do u think duplex soho would have higher price than normal single plex condo/soho?
*
It all depends...for e.g. those from older generation or with children may not prefer duplex as from the lower floor can see through the upper floor, no privacy, too romantic...but Gen Y will get excited

In Batu 9, there is an existing duplex condo, Sering Akasia, 15xx sf going for around RM500k only in iproperty

http://www.propwall.my/batu_9_cheras/sering_akasia
http://www.iproperty.com.my/property/searc...=&au=&sby=&ns=1

Some duplex like the one at One South even have 2 access doors, one at upper level and one at lower level.

So in Ekocheras case, the floor with all the upper level units will be just wall and windows only? Seems like it looking at the floor plan http://www.ekocheras.com/block_HJ_floorplan.html

CMW123
post Mar 31 2014, 04:26 PM

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Picture of romantic see through of the Ekocheras duplex

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soon9913
post Mar 31 2014, 06:06 PM

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yes, the brochure shows only one exit for the duplex. assumption is the lift also wouldnt stop at the second flr of duplex and also it will be high ceiling in the corridor ....?..... cool2.gif

QUOTE(CMW123 @ Mar 31 2014, 04:22 PM)
It all depends...for e.g. those from older generation or with children may not prefer duplex as from the lower floor can see through the upper floor, no privacy, too romantic...but Gen Y will get excited

In Batu 9, there is an existing duplex condo, Sering Akasia, 15xx sf going for around RM500k only in iproperty

http://www.propwall.my/batu_9_cheras/sering_akasia
http://www.iproperty.com.my/property/searc...=&au=&sby=&ns=1

Some duplex like the one at One South even have 2 access doors, one at upper level and one at lower level.

So in Ekocheras case, the floor with all the upper level units will be just wall and windows only? Seems like it looking at the floor plan http://www.ekocheras.com/block_HJ_floorplan.html
*
neonikson1
post Mar 31 2014, 08:41 PM

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QUOTE(CMW123 @ Mar 31 2014, 03:23 PM)
List  Patchay, MRT connected new projects
Kg Baru Sg Buloh
- D'Sara Sentral by Mah Sing Group and SqWhere by SDB (*to be connected)

Dataran Sunway
[U/C] - Tropicana Gardens (*to be connected)
[U/C] - Sunway Nexis (*to be connected)

One Utama
[LEASING] - Tower 5 First Avenue (*to be connected)

TTDI
[U/C] - TTDI Ascencia (*to be connected)
[LEASING] - Menara LGB (*to be connected)
[U/C] - The Greens @ TTDI (a short walk away)
[U/C] - Glomac Damansara Residences (a short walk away)

Pusat Bandar Damansara
[U/C] - DC Residency @ Damansara City (a short walk away)

KL Sentral
[U/C] - The Sentral Residences (*to be connected)
[U/C] - The St. Regis Residences (*to be connected)

Cochrane
[NEW & U/C] - Sunway VeloCity (*to be connected)
[COMING SOON] - "Mutiara 428 Cochrane Residences" by Boustead Group (*to be connected)

Maluri
[NEW] - Shamelin Star Soho-Residences (a short walk away)

Taman Bukit Ria
[NEW] - Lido Residency (a short walk away)

Leisure Mall
[COMING SOON] - EkoCheras by Ekovest Group (*to be connected)

Plaza Phoenix
[NEW] - Maxim Residences (a short walk away)

Taman Suntex
[NEW & U/C] - You City (*to be connected)

Taman Cuepacs
[U/C] - 7 Tree Seven Residen (a short walk away)
*
7 tree is about 1km from mrt, about rm370psf when newly launched, the problem is it is next to a septic tank, when wind blows.... emm emm....

Jagalat
post Apr 1 2014, 02:16 PM

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QUOTE(CMW123 @ Mar 31 2014, 04:29 PM)
D'sara Sentral, Sqwhere and You City latest phases around same price range as Ekocheras

Those with lower prices than Ekocheras are Glomac Damansara (launched 3 years ago), Shamelin Star, Lido, Maxim, 7TreeSeven
*
Allow me to narrow the scope to properties along/off Cheras(for KL address) for a comparison to EKC.

Shamelin Star, Lido, Maxim are all LH.
So the price is relatively lower than EKC.

Sunway VeloCity and Mutiara 428 are FH but psf are way higher than EKC.
Another potential new project Lemon tree city, has not much info about its psf. but I believe it will be higher than EKC.
https://forum.lowyat.net/topic/2968743/all

Hence, EKC has the best price for FH along Jln Cheras(KL side)

Another observation is that, early birds are always having better price(or discount).
Other than the list, any boss/taikor knows of [other new MRT properties] be launched this year?
______________________________________________________________________________

Side note, Glomac Damansara in iProperty is asking for ~RM850psf for subsale.....
http://www.iproperty.com.my/property/searc...=&au=&sby=&ns=1

This post has been edited by Jagalat: Apr 1 2014, 02:21 PM
CMW123
post Apr 1 2014, 02:34 PM

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QUOTE(Jagalat @ Apr 1 2014, 02:16 PM)
Allow me to narrow the scope to properties along/off Cheras(for KL address) for a comparison to EKC.

Shamelin Star, Lido, Maxim are all LH.
So the price is relatively lower than EKC.

Sunway VeloCity and Mutiara 428 are FH but psf are way higher than EKC.
Another potential new project Lemon tree city, has not much info about its psf. but I believe it will be higher than EKC.
https://forum.lowyat.net/topic/2968743/all

Hence, EKC has the best price for FH along Jln Cheras(KL side)

Another observation is that, early birds are always having better price(or discount).
Other than the list, any boss/taikor knows of [other new MRT properties] be launched this year?
______________________________________________________________________________

Side note, Glomac Damansara in iProperty is asking for ~RM850psf for subsale.....
http://www.iproperty.com.my/property/searc...=&au=&sby=&ns=1
*
Glomac first tower was launched at average RM600psf and second tower at average RM650psf rclxms.gif

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