What is RM100k renovation cost vs few hundred million of profits...no show units also...

They should organize a CNY appreciation dinner event for all the purchasers who signed S&P and at the same time reboot the sale of remaining units of Block E. Lion dance parade along Jalan Cheras...fireworks...

All these are investment to attract interest for the mall and potential operators...

Small money no go out big money how to come in?

The event can hold at Cheers Palace which is their tenant...just ask Cheers Palace no need to pay 1 month rental can buy all of us CNY dinner already...

Many developers hold "appreciation" dinner for purchasers who signed S&P...to appreciate them for their support...this is sincere appreciation and build up a loyalty member club. Many also hold "celebration" event...to celebrate sold out (except for limited units...hehe)

If the developer offer free lunch and then influence you to make booking, that's business marketing and promotion, not sincere appreciation

Even no CNY event, some developer send a CNY greeting card or e-card to you, that is also small appreciation...and long term relationship building...

Can ask lawyer to courier to your house or office, right?

Disbursement already paid for...

Some very valuable comments from Big Taikor of another forum:
http://www.propertywtf.com.my/cheras-kajan...t-t2511-20.html


- the duplex may be a double-edged sword, odd enuf to limit it to a single-room configuration, yet offers the possibility of 'just-in-case' demand of office space..


- tkttts will tell us that from experience, technically can build attic floor for all duplexes' void area as long as latch onto the proper support and not affecting the main structure with some set-back against the facade glass panel.. effectively even more below 600 psf for duplex soho for sure, kekeke..


- duplex soho is a high risk product based on the following:
1. duplex likely to appeal to some gen Y and not a product for mass mkt
2. intense competition upon handover....too many flippers
3. if the control and mgt is poor, mixed opis/resi use of soho likely to be rojak and chap.....not conducive for both opis and resi....leading to lose-lose situation


- i would also like to provide contrarian view since i assume that many would prefer service apartment.. means to say that even with the service apartment + lower entry point being made available before the soho block, i wud take the risk and bet on the soho instead, dun tembak me if get burnt, keke..


- i think small offices could be in demand, check out the occupancy in the old cheras biz center, and also the viva home office blocks..

Boss, what unit size u bought?

It's call Maxvalu http://www.aeonretail.com.my/maxvalu/

So far only 4, at Ampang, DPC, Damansara Damai & Kota Kemuning

Bro, supposed few minutes got one train ma...no need to stress lah

3 SA sell more than 1000 units they must be super rich earning the sales commission

Studio at highest floor @ RM931 psf (with DIBS) must be the highest psf price in the whole of Cheras

Premium for KLCC facing only RM5k...no wonder all gasak first

Would like to share recent findings on visit to subang Empire SOHO, one of the first SOHO in Malaysia and the most successful in terms of occupancy and is above a mall

Entrance is next to Madam Kwan of the mall. Got 2 security guards at lobby, need to give your ic and tell them the unit number and "name of company" u want to visit and noticed the guard wrote down these details in their log book

There were many "visitors" at the lobby and as we all went into the lift, one of the guard came over and press the floor level we were going to like for level 3, 4, 7 and 8. Guess they would not be investing in visitor card that is programmed to access the floor that the visitor want to visit hence the need for the guard to press for the visitors

I was at level 7 and walk from one end to the other end. At least 70% have signboard fixed at the door! meaning 70 % are also having business. The type of businesses are all sorts and include IT company, reseller of designer bags, law firm, surveyor firm, freight forwarder etc. The reseller of bags was opened on a Sunday afternoon...and there were many many "visitors" just on that floor going to this SOHO unit which is a famous company with thousands of followers on twitter that was selling own design bags, phone case, jewelery, apparels etc. Later I found out this "shop" is open to "public" on Friday, Saturday and Sunday from 12.30 noon to 9.30 pm.

I can imagine that there will be a lot more visitors on weekdays when more of those SOHO are "open for business" not only on the 7th floor I visited but on other floors too.

I even notice that one of the SOHO unit has a CCTV camera, believed it is for the occupant inside to see the visitor before they open the door...doubt that u will see this in a normal condo or serviced apartment

To my surprise, the whole of level 8 was a Fitness First. So there are so many many visitors using the same lift to go to and leave this gym. Is it possible to obtain a license for a gym in a SOHO block?? No wonder the whole lift was full when I go up and when I go down.

To sum up, it was a real eye opener and leave it to u to assess. To me, if u are looking for a residence with home feeling and 70% of the units on your floor are "doing business", u may think twice especially I believed there will be loophole in the security with the heavy flow of "visitors". But for certain business operators, it may be a good venue suitable for their businesses.

The size of the SOHO unit that I visited was 797 sf

Selangor state has a written guidelines on SOHO and the concept n the permitted businesses allowed are reproduced below. Looks like retailing of products to "public" and family staying is "grey area". Not sure whether DBKL has such similar guidelines:

KONSEP SOHO

Secara umumnya, konsep pembangunan SOHO dan aktiviti
perniagaan pada SOHO melibatkan :

i. Ruang pejabat atau perniagaan bersaiz kecil tetapi efisien.
Lazimnya, bersekali dengan tempat tinggal.

ii. Aktiviti perdagangan dan perkhidmatan yang berbentuk ‘jarak
jauh’ berasaskan kepada penggunaan teknologi ICT iaitu
perkomputeran, internet dan komunikasi.

iii. Aktiviti perdagangan dan perkhidmatan yang tidak melibatkan
kunjungan pelanggan yang ramai, kurang intensif pekerja dan
tidak melibatkan penstoran barangan.

iv. Kebolehan mencapai pelanggan yang luas melalui penggunaan
teknologi komunikasi.

v. Kos pusingan (overhead) dan pengendalian yang rendah.

vi. Saiz isi rumah yang rendah.

vii. Tidak berbentuk kediaman untuk keluarga.

AKTIVITI PERNIAGAAN YANG DIBENARKAN

i. Kerja-kerja perundingan profesional
seperti pengurusan IT, rekabentuk
kejuruteraan, perancangan, arkitek,
rekabentuk ICT dan pengiklanan,
pengurusan akaun dan konsultansi
pelaburan.

ii. Kerja-kerja yang melibatkan
penulisan dan karya kreatif seperti
menulis buku lagu, puisi, skrip dan
lain-lain serta kreativiti termasuk
kesenian, kraftangan dan lukisan.

iii. Penjualan produk secara maya
(virtual) dan terus kepada pelanggan
melalui penggunaan laman web
seperti e-Lelongan dan e-shop.

iv. Mengiklan produk secara terus
melalui laman-laman iklan dengan
memberi maklumat barangan yang
hendak di jual (Tanpa melibatkan
penstoran barangan).

NO joke, check out the address, it's on Level 8 SOHO.

http://www.fitnessfirst.com.my/gyms/gyms-i...w-to-get-there/

Like said earlier, 70% of the units on that level had signboards so must be for business. I only saw 2 or 3 units without signboards and only 2 of these units have the "grill cage" installed outside the unit door while all those units with signboards have no such grill cage. If these 2 units really are pure residential, seems like they need extra "security protection" from the heavy flow of visitors almost all day (the retailer mentioned earlier was operating until 9.30pm

The retail business unit I visited, No Joke also, was there for 15-20 minutes, easily 20 "public customers" walk in

With such heavy traffic to the SOHO n the fitness first, there were only 2 lifts...

Anybody know the ceiling height of the SOHO and Block E units?

Sky pool on rooftop
Gym n game room on 30th floor

From Propcafe

Latest artist illustration of facade after convert retail shops to mall concept
There will be a roof top garden
Hotel tower Block N will no longer be partially block by Block H, to show the hotel to Jln Cheras

This post has been edited by CMW123: Mar 23 2014, 06:24 PM

Project destined for success!

The question should be why not ekovest reveal but rather by another party? So far developer has not shown any strong marketing since date of launch, hope they will do a very good job in marketing/promoting the mall

Next uncertainty should be who will be the hotel operator

On the left is office tower

Means they are confident of vp the mall n SOHO by dec 2017...

Based on the latest artist impression after conversion to mall, the entrance to the SOHO will be covered rather than open drive in...