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

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The Jedi
post Nov 10 2013, 07:43 AM

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I am sceptical on the delivery of TRX....high risk high gain investment requiring those with big guli to go in
The Jedi
post Dec 8 2013, 05:38 AM

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Ekovest secured the project of DUKE highway extension worths RM1.18b

http://www.thestar.com.my/Business/Busines...ension-job.aspx
The Jedi
post Dec 9 2013, 10:33 PM

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Win win for developer and block J/H/E buyers if block N converts into a hotel
The Jedi
post Dec 10 2013, 06:09 AM

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QUOTE(TokyoBoy @ Dec 9 2013, 11:25 PM)
Not sure is a good news or so so news..

With Duke 2 in the pipeline... cash call will be needed.

Ekovest just relased some sukuk or bond for funding.

Cash call for both major projects at the same time..

Not sure able to flush it smoothly during the construction..

hopefully wont end up like another MXH Gp

Better do the diligent on the Co. CF  smile.gif
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I have less worry on Duke 2 as toll highways within KV is a good biz. I think the sukuk fund is raised to buy out MRCB shares in Duke. If this deal is successful, Ekovest will be controlling 100% of Duke
The Jedi
post Dec 10 2013, 06:14 AM

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QUOTE(TokyoBoy @ Dec 9 2013, 11:31 PM)
it seems like the EkoCheras Party never stop ending...

First come the Facing Jalan Cheras then near leisure mall and then MRT then KungFu fingers then Block E ,
Now The Mall and later the Hotel and hear say the Garden..

so what next?

keep everyone so high here  smile.gif

Developer is smart in keep releasing the "spot on" news in staggered to clear their units slowly

this is much fun than the TMS staggered launch paper gain!

Next could be the announcement of Anchor Tenants? perhaps the Famous mall operator?

just be careful.. the higher you jump .. the easier you fall so.. when you fall better prepare a safety net!
wink.gif

so do you all still need a show unit? LOL
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It is the buyer favour if good news is released slowly after booking. If this happens before booking, the price wld be different and higher. Every project has its own risk and this project shld be lower than other MRT linked projects like Dsara Sentral, SQWhere and Tropicana Gardens
The Jedi
post Dec 10 2013, 06:16 AM

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Wondering why propcafe is taking so long to release the Ekocheras part 3......
The Jedi
post Jan 12 2014, 11:08 PM

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as per letter from developer, confirmed 1 unit air cond for block E studio
The Jedi
post Jan 12 2014, 11:15 PM

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QUOTE(CMW123 @ Jan 12 2014, 11:11 PM)
Boss, u vested in this studio also?  rclxms.gif
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I am kiasu mah.....keke!
The Jedi
post Jan 12 2014, 11:16 PM

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QUOTE(superpigchan @ Jan 12 2014, 11:10 PM)
I know is 1 unit of air con...but air con point got 1 or 2?
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bro, this shld be stated in the SPA but I did not pay attention when I signed
The Jedi
post May 12 2014, 08:21 PM

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QUOTE(CMW123 @ May 12 2014, 01:59 PM)
My understanding is although the Custom guidelines categorised SOHO under commercial, REHDA has written to Custom to apply GST based on the usage of the actual unit. If it is argued that SOHO is under HDA and hence is residential, then the usage should be residential and not subject to GST in both selling price and subsequent rental charged.

Not sure whether REDHA has receive the confirmation or not yet...
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You are right......keke!

This Ekocheras SOHO is under HDA and hence the use is classified as residential... GST exempted.
The Jedi
post May 12 2014, 10:39 PM

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QUOTE(neonikson1 @ May 12 2014, 09:45 PM)
Once the mall is confirmed,  will the authority still consider soho sitting on a mall a residential property?
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GST depends on the use of the property and not the title nor it's sitting on an integrated commercial devp

Given this is a new project and the use is then determined by HDA and the design concept...the latter cld be difficult when soho has dual use

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