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

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neonikson1
post May 18 2014, 11:05 AM

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QUOTE(soon9913 @ May 17 2014, 11:40 PM)

And he also mentioned 'buy at your own risk' as it is required your own judgment.
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Yep, unlike 2008-2011,there is no sure win property anymore.
CloudAtla$
post May 18 2014, 11:13 AM

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QUOTE(neonikson1 @ May 18 2014, 10:54 AM)
New property price should continue to go up due to GST.
Developer will for sure transfer the 6% to end user.

Until one day market really beh ta Han,  then the new property price will drop as well.  Just like what happening in China 2nd n 3rd tier cities.  Can refer to last Thursday or Friday nanyang daily or many other reports on Internet.
http://usa.chinadaily.com.cn/opinion/2014-...nt_17388933.htm
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Gst factor cause property price up. Property price will eventually up till tipping point not reachable by majority buyers. Phase 1, those cannot pay downpayment, out. Phase 2, those cannot get loan, out. Phase 3, those beh tahan paying installment whether flipper or own stay, bank auction. Phase 4, interest rate up, cannot pay installment, next phase of auction, more auction. Phase 5, when supply more than demand, price drop. Phase 6, if too many auction, property became toxic assets, market will crash. Where are we now? I m thinking we are into phase 3 and phase 4 starting sO0n!

This post has been edited by CloudAtla$: May 18 2014, 11:14 AM
neonikson1
post May 18 2014, 11:53 AM

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QUOTE(CloudAtla$ @ May 18 2014, 11:13 AM)
Gst factor cause property price up. Property price will eventually up till tipping point not reachable by majority buyers. Phase 1, those cannot pay downpayment, out. Phase 2, those cannot get loan, out. Phase 3, those beh tahan paying installment whether flipper or own stay, bank auction. Phase 4, interest rate up, cannot pay installment, next phase of auction, more auction. Phase 5, when supply more than demand, price drop. Phase 6,  if too many auction, property became toxic assets, market will crash. Where are we now? I m thinking we are into phase 3 and phase 4 starting sO0n!
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Good analysis. I agree we are in between phase 3-4. That's why I said earlier in my post, wait til 2017 when most constrictions are done n vp, people need to start servicing loan, the effect will start surfacing.
neonikson1
post May 18 2014, 11:59 AM

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Therefore, Location is the key, holding power is the king!
Maneki-neko
post May 18 2014, 12:02 PM

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QUOTE(neonikson1 @ May 18 2014, 11:53 AM)
Good analysis. I agree we are in between phase 3-4. That's why I said earlier in my post,  wait til 2017 when most constrictions are done n vp,  people need to start servicing loan,  the effect will start surfacing.
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Those buyers who are white collar professional, will be able to sustain as their annual income grows every year. Some of my friends who are in this category hold more than 1 property and they find it manageable so far. laugh.gif

This post has been edited by Maneki-neko: May 18 2014, 12:03 PM
Alvelyn
post May 18 2014, 12:11 PM

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QUOTE(CloudAtla$ @ May 18 2014, 06:39 AM)
If klcc area thn no problem to rent higher. But Cheras?Surrounding plenty choices of cheaper renting option. GoodLucK for those thinking of rental plAy:)
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Neither KLCC can rent high.

Anyway, many buyers here too optimistic.

soon9913
post May 18 2014, 12:15 PM

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QUOTE(neonikson1 @ May 18 2014, 11:05 AM)
Yep,  unlike 2008-2011,there is no sure win property anymore.
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Ha if sure win then sell house sell land also buy buy buy Lo
soon9913
post May 18 2014, 12:22 PM

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QUOTE(Alvelyn @ May 18 2014, 12:11 PM)
Neither KLCC can rent high.

Anyway, many buyers here too optimistic.
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bro, the same thing if u view at different angle wil get different result. I.e sometimes when looking the back side. of girl with bronze hair and though she should be beauty. However it is different story when u look at her front side..
Haha- just joking. Happy Sunday !


soon9913
post May 18 2014, 12:25 PM

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QUOTE(neonikson1 @ May 18 2014, 11:59 AM)
Therefore, Location is the key,  holding power is the king!
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Agreed.. Holding power and location are the key
Cash is king.
soon9913
post May 18 2014, 12:38 PM

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QUOTE(neonikson1 @ May 18 2014, 10:41 AM)
30-40%price difference,  how can it be the same price tag?
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I agreed with same price tag if it is compare RM0.70 to RM1.00
I disagreed with same price tag if RM700k compare to RM1mil.
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This post has been edited by soon9913: May 18 2014, 12:39 PM
soon9913
post May 18 2014, 12:47 PM

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QUOTE(neonikson1 @ May 18 2014, 10:42 AM)
But yes, if you can afford that price tag velocity is also a good buy.
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I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf). I personally think ekocheras is a better bet.
CMW123
post May 18 2014, 02:24 PM

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QUOTE(soon9913 @ May 18 2014, 12:47 PM)
I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf).  I personally think ekocheras is a better bet.
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Both got potential and if the % of appreciation is quite similar then the one with lower exposure will generate higher yield n lower risk rclxms.gif
dreamwar
post May 18 2014, 03:47 PM

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Just went to the sales gallery. A few unit left for block E, with min price of 580k for 821 sqft.
Blk J n H left with a few 1000 sqft units.
No more discount. Nett price only.
HELLO HELLO
post May 18 2014, 04:00 PM

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QUOTE(Jagalat @ May 18 2014, 12:05 AM)
HELLO HELLO boss, may l know which type of Cheras property suits your cup of kopi, that yields to your expectations ? Mind to share? Thx
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Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime.

for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad.

Putra sunway mall and the uptown mall already approach me. Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh.

This post has been edited by HELLO HELLO: May 18 2014, 04:03 PM
neonikson1
post May 18 2014, 05:13 PM

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QUOTE(soon9913 @ May 18 2014, 12:47 PM)
I do agree Velo is a better project. However from ekocheras's buyer point of view, we need to pay extra at least 43% of Ekocheras price to get a Velo. (Compare RM700/sqf to RM1k/sqf).  I personally think ekocheras is a better bet.
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Quite true. Less exposure less risk.
soon9913
post May 18 2014, 07:01 PM

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QUOTE(HELLO HELLO @ May 18 2014, 04:00 PM)
Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime.

for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad.

Putra sunway mall and the uptown mall already approach me.  Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh.
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Hehe .. Please share if any. smile.gif thanks..
Jagalat
post May 18 2014, 08:01 PM

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QUOTE(HELLO HELLO @ May 18 2014, 05:00 PM)
Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime.

for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad.

Putra sunway mall and the uptown mall already approach me.  Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh.
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Thank you for explaining your view and for offering first hand info about ekc mall.
Would you like to elaborate your area of involvement if approached by the leasing team?
neonikson1
post May 18 2014, 11:01 PM

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QUOTE(HELLO HELLO @ May 18 2014, 04:00 PM)
Im kucirat here... If U ask me... I think Subsale apartment or condo around connaught or leisure mall maybe. And size around 900-1200sf. Macam awanapuri condo very near ekocheras and leisure mall. I prefer family type condo. N no commercial below. But can near those commercial area. Density best if can be around 300-400units. Target group also wider. Just my tot lar. If u have any input.or comment .. U r welcome anytime.

for the ekocheras mall.. I might get the first hand info. If their leasing team come to propose the retails lot to me. I will try to share with u here.... He he. Whether is good or bad.

Putra sunway mall and the uptown mall already approach me.  Both plan very not bad. Just uptown mall not very big. But they put a lot money on infra. With under tunnel access from opposite traffic. Got fitness first with swimming pool and turn the old car park to cinema. Now they doing the engineering test c the structure can support the cinema boh.
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HELLO HELLO boss what business are you in?
neonikson1
post May 18 2014, 11:02 PM

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Aiya.... not so good news.....

http://biz.sinchew.com.my/node/94900
Jagalat
post May 18 2014, 11:40 PM

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QUOTE(neonikson1 @ May 19 2014, 12:02 AM)
Aiya.... not so good news.....

http://biz.sinchew.com.my/node/94900
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That was the reason why l asked if there is correction next year. sweat.gif
So far, no one says there will be. blink.gif

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