QUOTE(kochin @ Dec 9 2013, 02:50 PM)
Haha.... EcoSky, KL by Eco World v2, Retail : Office : Residence
EcoSky, KL by Eco World v2, Retail : Office : Residence
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Dec 9 2013, 03:41 PM
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Senior Member
1,275 posts Joined: Jul 2013 |
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Dec 9 2013, 05:05 PM
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Senior Member
2,293 posts Joined: Jan 2003 |
QUOTE(Kuku Bird @ Dec 9 2013, 01:39 PM) +1. Aiyoo, not all things are about just DIBS or not. Its about a confidence in a new developer that renegades on its promise so early on and more importantly, 4% discount aint equal to 4 years DIBS. In other words, the developer suddenly tells all buyers the price is about 2-3% higher. DIBS should not be a factor. If you let go because of no DIBS means your holding power actually not strong enough to invest a RM600+ and above property. If Ekosky gives back equal amount discount for lieu of DIBS, the drop outs will be lower. Its like if you go to restaurant and order food based on price on menu, but later bill charge you higher than on menu. |
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Dec 9 2013, 05:33 PM
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Junior Member
460 posts Joined: Dec 2004 |
QUOTE(KLsooner @ Dec 9 2013, 11:23 AM) First time investing? No DIBS should not be a factor. I never enjoy any DIBS until this one, finally being pulled also, looks like I have no "yuan" with DIBS. developer already mark up their price with DIBS, now DIBS removed, did the price reduce? if not then do you think is a fair buy?Would that stop me from investing in props, hell NO. I never worry about the incinerator thing becos I know the one who own the massive land bank nearby sure does not want it to happen. |
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Dec 9 2013, 06:19 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
QUOTE(Minolta @ Dec 9 2013, 05:05 PM) Aiyoo, not all things are about just DIBS or not. Its about a confidence in a new developer that renegades on its promise so early on and more importantly, 4% discount aint equal to 4 years DIBS. In other words, the developer suddenly tells all buyers the price is about 2-3% higher. Care to show your calculation on the the interest during construction. Dibs was introduced in 2009 thereabouts. This year, then only in Novembet the government decided to ban such scheme with immediate effect for those project without APDL. And those with APDL, such scheme is only applicable till 31st Dec 2013. You call it renegade promises.If Ekosky gives back equal amount discount for lieu of DIBS, the drop outs will be lower. Its like if you go to restaurant and order food based on price on menu, but later bill charge you higher than on menu. If one happen to go to restaurant to order 7-Singh-pan or soo-Mei, they will only tell you the price per kg.... |
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Dec 9 2013, 07:27 PM
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All Stars
13,761 posts Joined: Jun 2011 |
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Dec 9 2013, 08:36 PM
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Senior Member
2,293 posts Joined: Jan 2003 |
QUOTE(tengster @ Dec 9 2013, 06:19 PM) Care to show your calculation on the the interest during construction. Dibs was introduced in 2009 thereabouts. This year, then only in Novembet the government decided to ban such scheme with immediate effect for those project without APDL. And those with APDL, such scheme is only applicable till 31st Dec 2013. You call it renegade promises. No. But you can look back at previous posts on calculations. Care to show yours?If one happen to go to restaurant to order 7-Singh-pan or soo-Mei, they will only tell you the price per kg.... DIBS was announced with the product launch. They knew about the plans to stop dibs even before that. And as a developer that is planning for big things, why do a blunder and launch before advert permit given? Sure, many deelopers take that risk and do this. but if they cannot deliver what they promise, then they risk their reputation. The big reputable ones dont wanna risk this. And all the big adverts, radio, newspaper advert. This was a BIG launch marketing. With DIBS announced. Now they unilaterally say sorry, no DIBS, but you get 4% more. Take it or leave it. And if you order Lou foo pan at a restaurant, they tell you how much is the price/100g and you ask them to show you the swimming fish they take from tank and weigh it. YOU KNOW the exact price. And this doesn't change with the bill. If it does, you happy ah? |
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Dec 9 2013, 08:44 PM
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Senior Member
2,470 posts Joined: Oct 2010 |
QUOTE(Minolta @ Dec 9 2013, 08:36 PM) No. But you can look back at previous posts on calculations. Care to show yours? Support you on this. Product offer has since changed. It's like buying a bmw. Initially it's a 320i with m body kit. Now they come back and say screw the body kit but we give u a small token, though some may say it's no small token, and it's informing, rather than consulting. So it's take it or leave it. They have plenty of waiting list....they don't need u.DIBS was announced with the product launch. They knew about the plans to stop dibs even before that. And as a developer that is planning for big things, why do a blunder and launch before advert permit given? Sure, many deelopers take that risk and do this. but if they cannot deliver what they promise, then they risk their reputation. The big reputable ones dont wanna risk this. And all the big adverts, radio, newspaper advert. This was a BIG launch marketing. With DIBS announced. Now they unilaterally say sorry, no DIBS, but you get 4% more. Take it or leave it. And if you order Lou foo pan at a restaurant, they tell you how much is the price/100g and you ask them to show you the swimming fish they take from tank and weigh it. YOU KNOW the exact price. And this doesn't change with the bill. If it does, you happy ah? |
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Dec 9 2013, 08:51 PM
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Senior Member
2,293 posts Joined: Jan 2003 |
QUOTE(BigMan123 @ Dec 9 2013, 08:44 PM) Support you on this. Product offer has since changed. It's like buying a bmw. Initially it's a 320i with m body kit. Now they come back and say screw the body kit but we give u a small token, though some may say it's no small token, and it's informing, rather than consulting. So it's take it or leave it. They have plenty of waiting list....they don't need u. It really leaves a sour taste to all(sorry, evidently not all) buyers. And this is still a NEW developer whatever the background. While this is just a sour point and does not reflect the investability of the project, I think it caused a lot of unhappiness for buyers. Face it, if the given discount is great, are you still gonna have people complaining? Fact is there are people unhappy with this and it indirectly affects the project and reputation of the developer, no matter how good/bad the project really is. |
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Dec 9 2013, 08:53 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
QUOTE(Minolta @ Dec 9 2013, 08:51 PM) It really leaves a sour taste to all(sorry, evidently not all) buyers. And this is still a NEW developer whatever the background. Hope they learn something from you two taikors. While this is just a sour point and does not reflect the investability of the project, I think it caused a lot of unhappiness for buyers. Face it, if the given discount is great, are you still gonna have people complaining? Fact is there are people unhappy with this and it indirectly affects the project and reputation of the developer, no matter how good/bad the project really is. |
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Dec 9 2013, 09:05 PM
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Senior Member
2,293 posts Joined: Jan 2003 |
QUOTE(tengster @ Dec 9 2013, 08:53 PM) I'm not taikor. Ur the taikor.But I know some of the the ekosky people read the forum. If they understand how frustrated buyers are, they might do something more. Everyone's gotta tell them like it is. Every but helps. |
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Dec 9 2013, 09:33 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
QUOTE(Minolta @ Dec 9 2013, 09:05 PM) I'm not taikor. Ur the taikor. I think by now, they heard you guys loud and clear.But I know some of the the ekosky people read the forum. If they understand how frustrated buyers are, they might do something more. Everyone's gotta tell them like it is. Every but helps. Let's move on... |
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Dec 9 2013, 09:38 PM
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Junior Member
457 posts Joined: Aug 2013 |
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Dec 9 2013, 09:42 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
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Dec 9 2013, 09:44 PM
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Junior Member
457 posts Joined: Aug 2013 |
QUOTE(tengster @ Dec 9 2013, 09:42 PM) Yeah... Despite the frustration and at times uncertainties, I still see it's potential over the challenges. Some may agree and some may disagree. That is cool as long as we agree to disagree. U strong, no worries to hold. They should make u an ambassador of EcoSky.This post has been edited by tangibee: Dec 9 2013, 09:45 PM |
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Dec 9 2013, 09:49 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
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Dec 9 2013, 09:57 PM
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Junior Member
457 posts Joined: Aug 2013 |
QUOTE(tengster @ Dec 9 2013, 09:49 PM) My views could suck big time. Soaking my head wet into EcoSky, of course, I would have done my due diligent study. i dont think you are flipping this right? im not confident on this proj honestly speaking but i might be wrong then you are right. hahahahaa.With RPGT of 30% for first 5 years, flipping is getting tougher. |
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Dec 9 2013, 09:59 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
QUOTE(tangibee @ Dec 9 2013, 09:57 PM) i dont think you are flipping this right? im not confident on this proj honestly speaking but i might be wrong then you are right. hahahahaa. That is the beauty of a forum. Everyone has different views and we debate constructively with points. We learn from each other and improve in our selection. Share me your views,..I can take GBU comments. |
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Dec 9 2013, 10:10 PM
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Junior Member
457 posts Joined: Aug 2013 |
QUOTE(tengster @ Dec 9 2013, 09:59 PM) That is the beauty of a forum. Everyone has different views and we debate constructively with points. We learn from each other and improve in our selection. i respect your view. Really cant say much and dont be surprise that i go by instinct. I was not interested to be begin with so i did not do DD on the proj.Share me your views,..I can take GBU comments. |
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Dec 9 2013, 10:12 PM
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Senior Member
5,612 posts Joined: Jan 2009 |
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Dec 9 2013, 10:17 PM
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Junior Member
457 posts Joined: Aug 2013 |
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