i remember EW allow SPS privilege member discount for ECOSKY.

not sure EM...

Boss no need to ask here. Keep for me la. I belanja kopi susu. Ok.

taikor, Eunice lah.

any more info pls share.

sharing is caring

Kochin, please share the photo if you ever gotten through PM.

Thanks

Bro,

It depends on how you calculate the return on investment, which for me, can be in certain several formula.

I prefer to use COCR ( Cash on Capital Return ) on buy / sell purpose as my ROI. Btw, how you use ur ROI? By using the profit / Purchase Price as the flow?

Say, if I buy a RM 500k house and appreciated to RM 750k in 5 years time.
Scenario 1
If I buy cash, my initial capital is RM 500k and upon selling, my cost is 2% agent fee @ RM 15k + miscel cost like S&P at RM 15k.
Net profit after 5 years is RM 250k - RM 30k = RM 220k
Average ROI, 220k / 5 years = RM 44k per year

Scenario 2
If I pay RM 50k downpayment ( my capital ) and get RM 450k loan, my cost is bank interest for 5 years, say estimated RM 50k, and upon selling, my cost is 2% agent fee @ RM 15k + miscel cost like S&P at RM 15k.
Net profit after 5 years is RM 250k - RM 80k = RM 170k
Average ROI, 170k / 5 years = RM 34k per year

If you see the above situation, RM 220k profit is surely more handsome than the RM 170k profit, both is manner of 5 years. But let's see another assumption below based on Cash on Cash Return ;
Scenario 1 : 220k / 500k capital = 44% COCR or 8.88% per annum
Scenario 2 : 220k / 50k ( capital ) + RM 50k ( interest in 60 months )  = 169% COCR or 33.80% per annum

I prefer to to take out RM 50k downpayment and ready another RM 50k which is going to pay slowly over the 5 years course to gain more pretty profit at 169%, rather than not only put in the RM 500k but locked it for 5 years before I get back with just 44% return.

Btw, we shouldn't include a matured township at different location with different demand like Setia Alam as the comparison with under construction likle SEH and EM.
Setia Alam - Entry is high compare to SEH and EM due to matured township and matured price, but steady and less risk due to ready market.
SEH / EM - Entry is lower than Setia Alam and based on pricing, it has the potential to go up further.
If Setia Alam's 20x70 has the buyers of RM 780k - 800k now, I see no reason why SEH and EM can't repeat the same thing of RM 780k - RM 800k in few years later on.

My advise, the risk is there, to buy into very huge township like SEH, EM or Bdr Rimbayu, the potential is surely there but timing and holding is the key. Don't expect 169% COCR upon completion especially for Phase 1.

This is not The Zest, The Treez or KR1.

Definitely can boss. Bcz principal is paid but capital is back after 5 years and inline with Scenario 1 bcz the capital was paid upfront by cash.

But dont confuse him too much eh and I just use a very simple calculations without other minor costs involved.

The RM 450k at B - 2.40% for 35 years. The monthly installment is RM 2200 per month with approx RM 700 average principal a month and RM 1500 interest a month. But SEH is 2 years construction and EM is 3 years construction, so quite difficult for me to input the rough amount.

If i use EM, I guesstimate the progressive interest is 5% of RM 450k which is RM 22,500 and plus 24 months installments, RM 2200 x 24, RM 52,800. Total RM 75,300

So, RM 250k - RM 75k - RM 30k = RM 145k
Average ROI = 145k / 5 = RM 29k per year
COCR = RM 250k / 125k = 50%, average 10% A year.

I still see getting loan borrowing is one of the best way to leverage our cash flow with better COCR n ROI. Lol.

Boss. They separated it by Precinct in one Phase like Sp Setia.

Phase 1 comprises 3 precincts. Precinct 1 is Terraces. Precinct 2 is Cluster home and Semi D while Precinct 3 is Vacant Bungalow Lots.

They launch Precinct 3 first, then Precinct 1 & 2 one shot in days or weeks later.

I reckon Precinct 3 can manage 70-80% by first 2 days of launches. Guess Precinct 1 can manage 80% but expected 20x70 and 22x70 sold out in a day.

The hard one could be Precinct 2, esp semi d due to high entry price. I think if can sell 50% is very well done d.

Yes by May.

So, which one u wanna sapu? Share share ur thoughts.

I cant pick btw all linked houses. Very like the cluster open concept but couldnt afford to hold > 5 years.

Boss, I think u mean Ariza ( Phase 1), Keana ( Phase 2) and Regia ( Phase 3 )

The publc response was overwhelming for Phase 1, but mostly left empty handed due to only 3 units opened for Phase 1 to public and only some bought Phase 2 but not Phase 3. Excluded staffs who bought earlier.

Moreover, that could be different due to Ariza only 117 units and Keana & Regia both less than 100 units each. Total only 250 units plus minus. Its about 2.5 times less than EM Precinct 1 and about 4 times less than EM Phase 1.

Thus I feel EM could be overwhelming but may not fully sold on its first day.

Present for Mother Day and Father Day..    

ChrisKor...when you wanna bring me and Samkps for a walk...

Bring me sekali pls

Ok. Let us do a trip to EM in Semenyih and ask the dev provide us the white Alphard for special tour.

er.....       are you guys serious about it?
i'm nobody but can i join also?  
when u guys going?

EcoBot is sold/launched without show house but this EM cluster is still undergoing improving job in Seoul. They wanna put some plastics (some say silicon) to make it gravity defying, double eye lids, porcelain perky arse and also more cantek for buyers.  

Likewise, EM will launch terrace without showhouse completed for viewing.... But can see from far.

The finishing spec given is pretty good. Cant get hold type of sanitaryware they intend to provide.

Any problem with GBH, kochin sifu??????

Kochin...are u aiming for this EM?