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

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CaptainCool
post Dec 3 2013, 09:32 AM

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wah, then the developer really stupid lo, why dont they confirm the mall first before launching? then sure can sell much higher price lo......
CMW123
post Dec 3 2013, 09:59 AM

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Best part is after launching still so undecisive...is it waiting to talk to some interested anchor tenant and lock in tenancy contract to de-risk before announce?
pepper99
post Dec 3 2013, 10:07 AM

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bosses here.. has the developer decided is they wan to sell the retail units or rent them out???
CaptainCool
post Dec 3 2013, 10:13 AM

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QUOTE(pepper99 @ Dec 3 2013, 10:07 AM)
bosses here.. has the developer decided is they wan to sell the retail units or rent them out???
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so far they have been consistent in their answer regrading this matter. internal managed to rent out only. last checked with them when i went over to sign S&P.
pepper99
post Dec 3 2013, 10:36 AM

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QUOTE(CaptainCool @ Dec 3 2013, 11:13 AM)
so far they have been consistent in their answer regrading this matter. internal managed to rent out only. last checked with them when i went over to sign S&P.
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woohoo thats great to hear !!! thumbup.gif
CaptainCool
post Dec 3 2013, 10:42 AM

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QUOTE(pepper99 @ Dec 3 2013, 10:36 AM)
woohoo thats great to hear !!!  thumbup.gif
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lol, i tot pepper gor u wanna buy the retail lots tim.....
pepper99
post Dec 3 2013, 10:53 AM

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QUOTE(CaptainCool @ Dec 3 2013, 11:42 AM)
lol, i tot pepper gor u wanna buy the retail lots tim.....
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tarak lui lehhh.. my unit also damn ex liaooooo
restful increase
post Dec 3 2013, 11:59 AM

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If u buy unit sitting on top or connected to a well run mall sure fah tatt. The developer would hv done their research b4 building the mall as it will cost them at least rm170m to rm200m to construct it. It will b a big loss to.dem if the mall fails as they need the lease rental to offset their cost. If ekovest decides to proceed with lifestyle mall then they would hv done theirr homework n u can rest in peace knowing dat ur property is set to experience exponential increase.
Jagalat
post Dec 3 2013, 12:00 PM

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QUOTE(restful increase @ Dec 3 2013, 10:17 AM)
Project linked 2 mrt, away fr high tension wires n graveyard. Apa lagi kita mau..
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Ehhh... For graveyard, not close but view-able to certain units.

In general, there are 2 graveyards around(not close) the area.

One located near to Tmn Connaugt - MRR2(Kwong Tong cemetery). Those high units (higher than MMR2) with windows facing west, have a chance to view the graveyard. This view could be blocked when BlkN is there.

The other one located opposite to Tmn Midah, behind McD(Cheras cemetery). Mid to high units of BlkE (facing KLCC) may view the graveyard. High BlkH units(taller than BlkE) facing KLCC, may also view it.


pepper99
post Dec 3 2013, 12:02 PM

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actually by when we should be able to know the outcome of possible conversion n also the showroom/hotel ?
neonikson1
post Dec 3 2013, 12:13 PM

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Keeping my fingers crossed that the lifestyle mall to be materialized!
restful increase
post Dec 3 2013, 01:10 PM

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Why not u guys asked joe wong on d proposed mall
neonikson1
post Dec 3 2013, 02:06 PM

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To all my brothers n sisters, I received the quit rent bill from DBKL today n the amount is rm8000!!!! Anyone received this? Whats the formula for the calculation?
restful increase
post Dec 3 2013, 02:30 PM

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QUOTE(neonikson1 @ Dec 3 2013, 02:06 PM)
To all my brothers n sisters,  I received the quit rent bill from DBKL today n the amount is rm8000!!!! Anyone received this? Whats the formula for the calculation?
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Is it quit rent or assessment?
Jagalat
post Dec 3 2013, 02:38 PM

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QUOTE(restful increase @ Dec 3 2013, 02:10 PM)
Why not u guys asked joe wong on d proposed mall
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Earlier(not today) I managed to have a short conversation with him.
One thing is that, the mall goes operational while some units(did not mention which block) are still in construction.
I interprete that the mall opens before VP.

For some reason, I believe Restful boss is very capable of obtaining first hand info from him. notworthy.gif notworthy.gif
restful increase
post Dec 3 2013, 02:50 PM

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QUOTE(Jagalat @ Dec 3 2013, 02:38 PM)
Earlier(not today) I managed to have a short conversation with him.
One thing is that, the mall goes operational while some units(did not mention which block) are still in construction.
I interprete that the mall opens before VP.

For some reason, I believe Restful boss is very capable of obtaining first hand info from him. notworthy.gif notworthy.gif
*
R u meaning the lifestyle mall or retail lots operational b4 VP?
Jagalat
post Dec 3 2013, 03:09 PM

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QUOTE(restful increase @ Dec 3 2013, 03:50 PM)
R u meaning the lifestyle mall or retail lots operational b4 VP?
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I interprete the "mall", in general, could be either lifestyle mall or/and retail lots.
Anyway, that was the only info I managed to get.
May I know your version?

Jagalat
post Dec 3 2013, 04:26 PM

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Just happened to search iPorperty, some units are there.
For your reading pleasure. (I am no agent)

http://www.iproperty.com.my/propertylistin...as-soho-forsale

http://www.lelong.com.my/soho-ekocheras-ch...7-01-Sale-I.htm


restful increase
post Dec 4 2013, 12:04 AM

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QUOTE(Jagalat @ Dec 3 2013, 03:09 PM)
I interprete the "mall", in general, could be either lifestyle mall or/and retail lots.
Anyway, that was the only info I managed to get.
May I know your version?
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I hv not checked on this point. Will check with ekovest when I sign my s&p mid of tis mth.
faberconstruction
post Dec 4 2013, 12:25 AM

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KUALA LUMPUR: Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has spent about RM4bil on the Klang Valley Mass Rapid Transit (MRT), which has reached progress rate of 28.55%.

CEO Datuk Wira Azhar Abdul Hamid said MRT Corp had raised some RM6.4bil from its sukuk issuance.

In addition, he said MRT Corp has been paying its contractors on time and has pushed its contractors to submit certificate of completion and compliance in order for them to claim payment.

“The contractors are not unhappy. They are paid on time. We have not received one complaint,” Azhar said in an update briefing on the MRT yesterday.

He estimated the cost for construction and systems for the Sungai Buloh-Kajang line project at RM23bil.

Azhar said RM3.1bil was initially expected to be spent for land acquisition cost. However, the Government saved some RM1.5bil as MRT Corp signed mutual agreement to co-exist, without acquiring some properties.

On risk of cost overrun, Azhar said it remained a concern for MRT Corp. “We monitor our risk every day. It is a daily concern for us.”

He noted that its project delivery partner, MMC-Gamuda KVMRT (T) Sdn Bhd, was also responsible for on time delivery and cost.

Azhar said he was satisfied with the progress of the 51km MRT line so far.

“We are on track to begin operation of phase one between Sungai Buloh and Semantan stations by Dec 31, 2016 and the remainder of the line from Semantan to Kajang by July 31, 2017,” he said.
Nevertheless, Azhar said he would like to see better progress of the project to “build enough buffer” in case it encountered any problem in the later stage of the project.

In total, MRT Corp has awarded 68 of the total 86 Klang Valley MRT packages.

Azhar said the remaining 18 packages has a total value of RM2bil, adding that out of the 18, five packages have been called and was currently in progress.

MRT Corp project director Marcus Karakashian said five tunnel-boring machines were currently in operation and has been performing well with good tunnelling rate.

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