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

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CloudAtla$
post Apr 22 2014, 12:37 PM

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QUOTE(Baohulu55 @ Apr 22 2014, 11:06 AM)
All units sold out already? What is the price range right now?
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Still BBB mode? Really amazing with the current buying mode. That means the gomen fail to control housing price.
CloudAtla$
post Apr 27 2014, 06:50 PM

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Is this property under commercial title and its pure residential, not soho? What is the current price and anymore unit available? How is the sales?
CloudAtla$
post Apr 27 2014, 07:02 PM

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QUOTE(CaptainCool @ Apr 25 2014, 02:34 PM)
But bro,for me I'm happy with the way things are regarding their sales n marketing.lol,if they were to invest more talent on it,I'm quite sure so does the selling price.for me they have market the product wrongly,if they got the approval on the mall first before launching,the launch prices should be as similar to the price now,13% higher. So I'm happy in that aspect that they're greenish.just my 2 sen too.cheerssss bro!
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How much psf and any discount giving out to offset the 30% upfront for 3rd property purchaser.
CloudAtla$
post Apr 27 2014, 08:07 PM

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QUOTE(Jagalat @ Apr 27 2014, 07:09 PM)
Per the SnP,  the Soho is under residential title.
Other taikor can advise the available unit or price.
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Max loan only 70%. How much discount been offered?
CloudAtla$
post Apr 28 2014, 08:40 AM

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QUOTE(neonikson1 @ Apr 28 2014, 06:57 AM)
Block E should be a better bet.
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Why? Better view with better price? Or better view with more expensive price?
CloudAtla$
post Apr 28 2014, 11:34 PM

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QUOTE(Jagalat @ Apr 28 2014, 09:37 AM)
Hello CloudAtla$, mind to share your requirements?
Understand that you have a forum "If Soho/Sovo/Sohxx not cover under HDA..." to discuss.
Are you looking for a EKC soho to invest?
If so, pls visit the sales gallery as they have the latest drop out/available unit(s) for you to choose from.
All the best!
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Any property with good price appreciation and rental yield. What is your return expectation fr this EKC?
CloudAtla$
post Apr 30 2014, 08:34 AM

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QUOTE(superpigchan @ Apr 29 2014, 10:13 PM)
if you got budget of 550K, will you invest in the loan rejected unit of ekocheras duplex low floor but price has up about 90K or a more decent 3 bedroom 2 bathroom 1100 sqft midfield 2 ?
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Price up by 90k? Thats a lot. So earlier price is 460k and now jacked up to 550k? How much psf different?
CloudAtla$
post May 15 2014, 08:17 PM

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QUOTE(neonikson1 @ May 15 2014, 08:15 PM)
I hate to be pessimistic, but I think 2017 when most new projects go vp, there will be a major test on holding power!  Ekocheras n other mrt related properties I'm not so worry,  but other location really good luck to the owners.

Holding power is the key!
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You need to be pessimistic every year since every year some project will go vp. This year also many vp.
CloudAtla$
post May 17 2014, 11:52 PM

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QUOTE(soon9913 @ May 17 2014, 11:40 PM)
Went for a bank property talk this morning,
One of the speakers said now is still right time to buy n property price should be uptrend due to economy data show good and property price will be raised do to GST .
And he also mentioned 'buy at your own risk' as it is required your own judgment.
smile.gif
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Do you expect any speaker who talk in any property seminar will talk pessimestically?
CloudAtla$
post May 18 2014, 06:39 AM

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QUOTE(mybenz @ May 18 2014, 01:23 AM)
Yaya maybe you are right... Cannot cover
Only can rent 800rm to 1000rm only...
Can rent out considered good already my expectation.

This is no good buy. More people drop please.
Or else later this become empty ghost tower...

Tell me which new launch now can cover your installment one if ltv90. I want to whack it....
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If klcc area thn no problem to rent higher. But Cheras?Surrounding plenty choices of cheaper renting option. GoodLucK for those thinking of rental plAy:)
CloudAtla$
post May 18 2014, 11:13 AM

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QUOTE(neonikson1 @ May 18 2014, 10:54 AM)
New property price should continue to go up due to GST.
Developer will for sure transfer the 6% to end user.

Until one day market really beh ta Han,  then the new property price will drop as well.  Just like what happening in China 2nd n 3rd tier cities.  Can refer to last Thursday or Friday nanyang daily or many other reports on Internet.
http://usa.chinadaily.com.cn/opinion/2014-...nt_17388933.htm
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Gst factor cause property price up. Property price will eventually up till tipping point not reachable by majority buyers. Phase 1, those cannot pay downpayment, out. Phase 2, those cannot get loan, out. Phase 3, those beh tahan paying installment whether flipper or own stay, bank auction. Phase 4, interest rate up, cannot pay installment, next phase of auction, more auction. Phase 5, when supply more than demand, price drop. Phase 6, if too many auction, property became toxic assets, market will crash. Where are we now? I m thinking we are into phase 3 and phase 4 starting sO0n!

This post has been edited by CloudAtla$: May 18 2014, 11:14 AM

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