More to write when plans r approved for Ekomall & Ekohotel, with block N scrapped.

Ekocheras resi units built on commercial land so we r subjected to commrrcial rate for assessment n quit rent. Dunno how much in 4 yrs time. However is applying 4 residential units of block J, H and E to enjoy residential rates 4 electricity & water bill.  They r planning 2 apply in the future but we will never know whether it will b approved. I m not sure of rental rates in cheras..I just heard miharja condo in maluri commands rm1,500 rental pm for a 950sq ft 3 room apt. Miharja condo is abt 200m fr maluri lrt station, 800m fr VIVA and 1km fr jaya jusco across d street. but does not enjoy covered walkway to maluri lrt. However its an old building n does not enjoy the advantage of being really close to a good mall like ekomall and 10 cineplex halls. Any true blue Taikor can command on d rental rate of ekocheras?

They hired a guy who specialised in tenant mix in malls & retail lots. Key success facrors of malls r the size (at least 1m sq ft) n the tenancy mix. Ekovest is using a specialist team to help on the tenancy mix..

You power!! Got insider news

Scrapped means they transform Block N into Hotel development? at the exact location of Block N?

Btw, i was told Block E follows schedule H so water n electricity should be resi rate. H n J, i am not sure.

rest gor

u mean ekovest hired ONE guy?   this guy do what one? consultant or mall operator?
need a more powerful retail consultant and mall operator to pull the right tenants.
have they engaged the talk with this grp which is more important imho kekeke 

Wah.. Restful gor- U really good to share the first hand news. Thx. 

Between 10 cineplex halls is confirmed...?

service apartment is considered commerial
so rate will follow commercial

if want to convert not easy but not impossible got condition to be fulfilled.
so dont hope so much for that

Eventually managed to get 70% loan...going to sign spa next monday...loan getting more and more stringent nowadays....sigh..

To all bosses out there,  if you are asked to surrender your unit to make way for the mall. You are given a choice to swap with another available unit. Price will follow the new unit of course, what would you choose to do?

Congraz!
Mind to elaborate which block of your unit(s)?

Drop & walkaway 

then please pass to me so I can choose, many people waiting if you don't want

no one can force you, is your choice to take what is given or just to walk away.

The mall n the hotel which replaces block N n the 10 cineplexes r only at proposal stage. Nothing has been approved yet. The developer is redrawing their plans n will b submitting 2 dbkl 4 approval. At this point they hv yet 2 submit. If they get approval, they will scrap block N. If ekohotel does not get approved, block N will remain and will b launched.

If you choose to swap and nego wit developer under this situation, what is the barging chip you have, in order to get a better deal?

bro, there will be 2 hotel if tower N converts to hotel ? As per initial plan, there is already one hotel which near to the MRT station.

The 14 storey building nearest to d MRT station will become an office tower commanding 150,000 sq ft lettable office space. It is also a green index building.

You have ZERO bargaining power mate.  either u take it or leave it . You signed OTP only LOL read again your OTP carefully.

The 14 storey building nearest to d MRT station will become an office tower commanding 150,000 sq ft lettable office space. It is also a green index building.