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Investment EKOCHERAS @ JALAN CHERAS (Ver 2) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
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restful increase
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Nov 21 2013, 05:43 PM
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QUOTE(ekorjiulai @ Nov 21 2013, 04:18 PM) Thanks for your input bro. Much appreciated! Anyway, if u do decide 2 drop ur unit, thr will b several buyers waiting to buy fr u in view of the factors I shared.
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soon9913
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Nov 21 2013, 06:47 PM
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QUOTE(restful increase @ Nov 21 2013, 01:44 PM) Price wise u got a better deal than those who bought block E and H coz u got 5% discount. Recycled units by the developer went up another 4%. So u got ur unit now 9% cheaper which is a good start. If u do plan to stay thr in 10 years time, its worthwhile keeping it as ur unit with 2 carparks will come in handy. Dbkl is tendering a multipurpose hall with 28 stall foodcourt across d road near leisure mall which will add value to ur unit as well. Other mrt developments in cheras ie youcity also selling similar price to ur unit but its further away fr city centre n does not enjoy direct connection with LRT. Sunway velocity another cheras project, on d other hand is selling at a whopping rm1,100 psf which makes it 30-40% more expensive than yr unit. This makes ur unit looks competitively priced. Bro, how sure are u the recycle unit price for Tower J up by 4%? I went there last week and saw only 2% price increase for Tower J while 4% increase for Tower H.
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restful increase
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Nov 21 2013, 06:57 PM
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Whichever..even if 2% increase for block J now, the value of J in the subsale mrk 5 years later will also follow suit the pricing of block H as both of them r twins in nature, side by side n sharing d same facilities.
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restful increase
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Nov 21 2013, 07:00 PM
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So the higher pricing the developer pushes block H, the better it is 4 block J coz both blocks will enjoy similar subsale pricing although block J buyers had a lower entry price as compared to block H.
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restful increase
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Nov 21 2013, 07:14 PM
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I was not privileged enough 2 buy block J coz I went on sun instead of sat. So I ended buying block H instead m I dont get d 5% discount..
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CaptainCool
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Nov 21 2013, 07:28 PM
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Thanks for all the wishes and tips,will check and let you guys know of updates... Good luck to all other ekocheras owners too!
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mybenz
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Nov 21 2013, 11:32 PM
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QUOTE(CaptainCool @ Nov 21 2013, 07:28 PM) Thanks for all the wishes and tips,will check and let you guys know of updates... Good luck to all other ekocheras owners too! Captain kor will u sign your loan document also ? Or u do another time ? Congratz to you to have one of the cheapest mrt integrated project in kv! Sign Sign sign
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pepper99
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Nov 21 2013, 11:34 PM
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Getting Started

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QUOTE(ekorjiulai @ Nov 21 2013, 05:17 PM) You're right. I'm getting -2.4 with cimb. -2.45 would be nice but I work overseas so should be thankful that my loan got approved. Not much time left before snp too. I'm also going for the flexi loan so hopefully can save up my savings quick enough to offset the interest. I'm on 12th floor and my unit comes with no balcony so I believe yours would've one. What floor are you on? Not sure if mine is considered lower or upper floor.. Mine is on 8th floor.. sifus here can also advise? with 80% loan.. upon signing spa.. I nit to prepare 20% for downpayment adi?
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mybenz
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Nov 21 2013, 11:41 PM
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QUOTE(pepper99 @ Nov 21 2013, 11:34 PM) Mine is on 8th floor.. sifus here can also advise? with 80% loan.. upon signing spa.. I nit to prepare 20% for downpayment adi? No need . Just 10% only excluding any discount . Wow pepperkor level.8 nice floor ! U r very lucky if u pay zero for entitlement . Why u get 80% n not 90% ?
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restful increase
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Nov 21 2013, 11:48 PM
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Some banka strict in assessment n wont give the LTV dat u want. Anyway the 2nd 10% is only payable next july 2014.
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ekorjiulai
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Nov 22 2013, 12:46 AM
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Getting Started

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QUOTE(restful increase @ Nov 21 2013, 04:48 PM) Some banka strict in assessment n wont give the LTV dat u want. Anyway the 2nd 10% is only payable next july 2014. That's interesting. How did you find out when the payments will be taken? I'd like to know too so I can decide whether to go for dibs or no dibs option. If I can negotiate a 90% loan, is it definitely better to go with the dibs option? I can't calculate the interest saved unless I know the developer's plans in terms of fund disbursements both timing and amount.
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pepper99
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Nov 22 2013, 08:46 AM
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Getting Started

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ya can say lucky la.. din pay any premium.. haha hmmm y ah.. just tot wan to put more dp.. din do much analysis on this leh.. but if im taking 90% will go for dibs..
im taking without dibs.. so i should be paying the remaining 3% - RM10k booking fees?
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Jagalat
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Nov 22 2013, 09:42 AM
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Jagalat
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Nov 22 2013, 09:43 AM
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Residents of Tmn Tayton are complaining... http://www.thestar.com.my/News/Community/2...ued-by-DBK.aspxWonder how much the assessment fee of ekocheras will be...
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restful increase
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Nov 22 2013, 02:27 PM
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QUOTE(ekorjiulai @ Nov 22 2013, 12:46 AM) That's interesting. How did you find out when the payments will be taken? I'd like to know too so I can decide whether to go for dibs or no dibs option. If I can negotiate a 90% loan, is it definitely better to go with the dibs option? I can't calculate the interest saved unless I know the developer's plans in terms of fund disbursements both timing and amount. U can call ms yong who works 4 d developer at 019-3606619. Ask her 4 more details on the drawdown schedule.
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restful increase
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Nov 23 2013, 12:02 AM
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Star residence@KLCC launching tom at kl convention centre 4 a whopping min rm1,500 psf..up to rm1,750psf.
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Jagalat
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Nov 23 2013, 08:20 AM
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QUOTE(restful increase @ Nov 23 2013, 01:02 AM) Star residence@KLCC launching tom at kl convention centre 4 a whopping min rm1,500 psf..up to rm1,750psf. Noticed you were there yesterday. Will you be there today? At least to see if they are as hot as buying vege... This post has been edited by Jagalat: Nov 23 2013, 08:31 AM
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CaptainCool
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Nov 23 2013, 11:20 AM
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wah, still DDMBBB now after all those budget announcements?
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ekorjiulai
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Nov 23 2013, 05:29 PM
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Getting Started

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QUOTE(pepper99 @ Nov 22 2013, 01:46 AM) ya can say lucky la.. din pay any premium.. haha hmmm y ah.. just tot wan to put more dp.. din do much analysis on this leh.. but if im taking 90% will go for dibs.. im taking without dibs.. so i should be paying the remaining 3% - RM10k booking fees? Yep, that's right. Also I can confirm booking cannot be trtransferred unless it's between immediate family. Block J price increased by 2% and H 4%. My dad had to show my bc to change the buyer to my name. Also developer advised to take dibs if you're taking 80-90% LTV. I was initially going to do the same as you but now not sure to go dibs or no dibs at 80%... Dibs at 80% means I need to have 20% cash without the 7% discount which is a lot of cash...
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CaptainCool
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Nov 23 2013, 07:57 PM
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QUOTE(ekorjiulai @ Nov 23 2013, 05:29 PM) Yep, that's right. Also I can confirm booking cannot be trtransferred unless it's between immediate family. Block J price increased by 2% and H 4%. My dad had to show my bc to change the buyer to my name. Also developer advised to take dibs if you're taking 80-90% LTV. I was initially going to do the same as you but now not sure to go dibs or no dibs at 80%... Dibs at 80% means I need to have 20% cash without the 7% discount which is a lot of cash... Did developer give any reason for their recommendation? Hmmm......maybe I should take dibs also?
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