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

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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
*
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?
*
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?
*
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.
mybenz
post Dec 4 2013, 01:47 AM

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Wwhich banks offer -2.4 without lock in others than Cxmb n Rxb?
Jagalat
post Dec 4 2013, 07:34 PM

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QUOTE(faberconstruction @ Dec 4 2013, 01:25 AM)
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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Thx for the new.
A bit curious why don't they use the saved RM1.5bil to speed up the construction from Semantan to Kajang, to meet 31-Dec-16? This way, the MRT can go operational 6 months ahead.
Marine Boy
post Dec 4 2013, 07:56 PM

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Buy buy buy
neonikson1
post Dec 4 2013, 08:45 PM

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Heard from SA only level 2 units are used for the mall. So total 6 levels of mall. Anyway can verify that?
restful increase
post Dec 4 2013, 09:09 PM

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QUOTE(Jagalat @ Dec 4 2013, 07:34 PM)
Thx for the new.
A bit curious why don't they use the saved RM1.5bil to speed up the construction from Semantan to Kajang, to meet 31-Dec-16? This way, the MRT can go operational 6 months ahead.
*
In view of the MRT going 2 kajang, I would think kajang will b a good place 2 invest. Semenyih has no mrt stations but kajang will hv 3 mrt stops. Closest gated n guarded landed property which has a linked to the mrt via an upcoming ktm station is kajang 2 which is developed by mkh. What's more thr is also an international school and upcoming chinese primary school. Mkh is launchinh their upcoming superlink hse next mth..
restful increase
post Dec 4 2013, 09:27 PM

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And for doz who wanna invest in another freehold lrt link project. Check out The Establishment@Bangsar this Sat (7 Sat). They also hv 2 completed showroom units at jln riong, off jln maarof, bangsar. The units r sold fully furnished including a queen size bed n mattress n kohler taps for d bathroom. 10% rebate n comes with DIBS, free legal fee for S&P n loan agreement. Btw; I m not the SA for tis project.
Jagalat
post Dec 4 2013, 09:56 PM

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QUOTE(restful increase @ Dec 4 2013, 10:27 PM)
And for doz who wanna invest in another freehold lrt link project. Check out The Establishment@Bangsar this Sat (7 Sat). They also hv 2 completed showroom units at jln riong, off jln maarof, bangsar. The units r sold fully furnished including a queen size bed n mattress n kohler taps for d bathroom. 10% rebate n comes with DIBS, free legal fee for S&P n loan agreement. Btw; I m not the SA for tis project.
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No free parking for Establishment@Bangsar?
restful increase
post Dec 4 2013, 11:45 PM

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No carpark provided. Rental rm150 pm. Procceds of the rental does not go 2 d developer pocket. It will b owned by the residents management's committee when d strata title is out n can b used to upgrade n renovate the apt as n when needed. B4 the title is out the carpark money will b held un trust by d developer.

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