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> EcoSky, KL by Eco World v2, Retail : Office : Residence

restful increase
post Nov 30 2013, 08:35 PM

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QUOTE(chicaman @ Nov 30 2013, 02:19 PM)
user posted image

Did my calculation, does this means that I need to fork out 22K throughout the construction period?
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Yes fr the spreadsheet it looks like the total interest cost is rm22k assuming the interest rate remains 4.2% throughout d tenor.
Calculator2013
post Nov 30 2013, 11:05 PM

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QUOTE(kochin @ Nov 30 2013, 01:52 PM)
94 downloads and only 2 tq.
Jeez. U guys sure are a grateful lot.
Or my spreadsheet sucks?!
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So many downloads means popular mah. tongue.gif
And there are lots of silent readers too. Just assume you did good deed loh. smile.gif
Thanks kochin kor!!!
ecin
post Nov 30 2013, 11:56 PM

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QUOTE(chicaman @ Nov 30 2013, 02:19 PM)
user posted image

Did my calculation, does this means that I need to fork out 22K throughout the construction period?
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Bro, this is for 70% loan, could you please help to calculate and upload here say for 90% loan? TQ
BigMan123
post Dec 1 2013, 07:19 AM

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No need to calculate so much. Think it's break even in most cases. However make sure u r able to fork out the installments as they start earlier. It's no longer attractive this project. Period.

Govt move to ban dibs seems to be the right thing in cooling down property. Ecosky is caught in between and perhaps caught in the worst situation possible. Huge success during booking with dibs as many were willing to give it a try with its new concept even at a high psf (comparable to the good condos in MK). Replacement with a 4% only shows how much profit incline is this company and I doubt they r customer centric and will do top notch finishing. It's their maiden project anyway.

This post has been edited by BigMan123: Dec 1 2013, 08:20 AM
ManutdGiggs
post Dec 1 2013, 11:09 PM

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Suddenly noone care to discuss bout incinerator liao. Tis thread so dead. No flame liao. Not far away fennel oso dying thread. Yr end. Many go makan angin kut. Shopping centers manyak olang. Many promotion. Guess yr end props no promotion hor. laugh.gif Else ll not b so quiet.
Martinis
post Dec 1 2013, 11:22 PM

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QUOTE(BigMan123 @ Dec 1 2013, 07:19 AM)
No need to calculate so much. Think it's break even in most cases. However make sure u r able to fork out the installments as they start earlier. It's no longer attractive this project. Period.

Govt move to ban dibs seems to be the right thing in cooling down property. Ecosky is caught in between and perhaps caught in the worst situation possible. Huge success during booking with dibs as many were willing to give it a try with its new concept even at a high psf (comparable to the good condos in MK). Replacement with a 4% only shows how much profit incline is this company and I doubt they r customer centric and will do top notch finishing. It's their maiden project anyway.
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DIBS is only worth 4% or so. How much discount you expect?
Martinis
post Dec 1 2013, 11:26 PM

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Can someone tell me what price is it selling(psf wise) after ALL discounts? For mid floor pricing. Thanks.
chicaman
post Dec 1 2013, 11:30 PM

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QUOTE(ecin @ Nov 30 2013, 11:56 PM)
Bro, this is for 70% loan, could you please help to calculate and upload here say for 90% loan? TQ
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That is the assumption that banks allow only loan based on NETT PRICE Stripping off all the "Freebies" which is 70%.

Did a calculation not sure right or wrong

user posted image

Basically if Ecosky wants to replace the discount with DIBS, they should provide 6% discount to make the package attractive.

Anyway I am still waiting for loan LO. Most likely I will drop my unit.
BigMan123
post Dec 2 2013, 08:32 AM

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QUOTE(chicaman @ Dec 1 2013, 11:30 PM)
That is the assumption that banks allow only loan based on NETT PRICE Stripping off all the "Freebies" which is 70%.

Did a calculation not sure right or wrong

user posted image

Basically if Ecosky wants to replace the discount with DIBS, they should provide 6% discount to make the package attractive.

Anyway I am still waiting for loan LO. Most likely I will drop my unit.
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Agree. With uncertainty with dibs removal, loan, etc, ecosky should be more generous at least for their maiden.project.
KKT12345
post Dec 2 2013, 08:39 AM

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If 90% loan and increase in BLR, the purchasers may be in a worst off position especially those on the lower floor. Thinking off dropping the unit.

kochin
post Dec 2 2013, 08:44 AM

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you have heard of group buy.
but let's create a first group drop out.
hehehe.

to those who wish to drop out, maybe we ought to compile a list and organise a joint drop out date.
hopefully can have more than 30 people? rclxms.gif tongue.gif
BigMan123
post Dec 2 2013, 09:05 AM

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QUOTE(kochin @ Dec 2 2013, 08:44 AM)
you have heard of group buy.
but let's create a first group drop out.
hehehe.

to those who wish to drop out, maybe we ought to compile a list  and organise a joint drop out date.
hopefully can have more than 30 people?  rclxms.gif  tongue.gif
*
Good idea. Not sure how to create that in this forum but Please list me down.
redzjack
post Dec 2 2013, 09:52 AM

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thx for the calculation.. it help alot...
chicaman
post Dec 2 2013, 09:54 AM

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QUOTE(kochin @ Dec 2 2013, 08:44 AM)
you have heard of group buy.
but let's create a first group drop out.
hehehe.

to those who wish to drop out, maybe we ought to compile a list  and organise a joint drop out date.
hopefully can have more than 30 people?  rclxms.gif  tongue.gif
*
Count me in icon_rolleyes.gif
Skywing1981
post Dec 2 2013, 10:01 AM

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QUOTE(kochin @ Dec 2 2013, 08:44 AM)
you have heard of group buy.
but let's create a first group drop out.
hehehe.

to those who wish to drop out, maybe we ought to compile a list  and organise a joint drop out date.
hopefully can have more than 30 people?  rclxms.gif  tongue.gif
*
wow, sounds like a real revolution is taking place haha...
tat3179
post Dec 2 2013, 10:04 AM

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Woo....don't estimate lowyat's prop group ability to pressure developers from more concessions...
ManutdGiggs
post Dec 2 2013, 10:17 AM

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I guess Teng sir needs to do some magic here. tongue.gif

Hav to pursuade ES to giv gao gao discount. Best is commi oso got discount. Then virgin project can fly a lil bit instead of falling down to longkang. drool.gif
kochin
post Dec 2 2013, 10:20 AM

I just hope I do!
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QUOTE(ManutdGiggs @ Dec 2 2013, 10:17 AM)
I guess Teng sir needs to do some magic here.  tongue.gif

Hav to pursuade ES to giv gao gao discount. Best is commi oso got discount. Then virgin project can fly a lil bit instead of falling down to longkang.  drool.gif
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boss, perhaps they are still in the mindset of 'you need me more than i need u. u can't afford it, i got thousands lining up for my product. u don't kaw kaw chan mo pong chan! cheh meh ng koi!'

and boss, not virgin product lah, their jb oledi sign spa lah.

Ultra123
post Dec 2 2013, 10:21 AM

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QUOTE(BigMan123 @ Dec 2 2013, 08:32 AM)
Agree. With uncertainty with dibs removal, loan, etc, ecosky should be more generous at least for their maiden.project.
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+1 rclxms.gif
KKT12345
post Dec 2 2013, 11:02 AM

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A few of my friends already drop out as they think there will be increase in BLR next year and don't want to take the risk. They think 4% rebate is not enough to cover 4 years construction period for those on lower floors. If all of you are walking out, i will go along.

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