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Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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Jagalat
post Jul 16 2014, 06:26 PM

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QUOTE(soon9913 @ Jul 16 2014, 07:18 PM)
Too many malls are constructing now.... let see which horse can laugh until the end.. tongue.gif
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Hope the 4 malls deploy a similar strategy to target different levels of Cheras customer markets, like those in Bkt Bintang.
Most malls at Bkt Bintang are competing and also complementing with each other.
(Of course, one or two malls may appear "higher class", while one or two targeting "la la mui")

https://forum.lowyat.net/topic/2035030/+1519

Jagalat
post Jul 16 2014, 08:12 PM

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QUOTE(soon9913 @ Jul 16 2014, 07:35 PM)
I think malls complement each others i.e. Velo+Jusco+Ikea,

maybe ekocheras + leisure mall?...

but not sure how they can complement to youcity, cheras sentral, viva, 1shamelin?..
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Speaking of competition, I quote an example of how malls complete along the LDP.

Ikea+Curve+Ikano++, 1U, TCM, Paradigm Mall, Sunway Pyramid, IOI Mall, Setia Walk, One City, Main Place

Features:
- All are surrounded by residential area and Within walking distance(except IOI Mall)
- All have cinemas
- Most of them have F&B as foundamental sustaining business
- Most have grocery or hypermarket
- All of them are competing each other, except for the Ikea+Curve+Ikano area showing some complementing feature

If the malls along Jln Cheras are to compete like the malls along LDP, each mall needs to own at least above features
Just my raw observation. Me no knowledge in mall management.

This post has been edited by Jagalat: Jul 16 2014, 08:27 PM
Jagalat
post Jul 16 2014, 08:20 PM

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QUOTE(restful increase @ Jul 16 2014, 09:10 PM)
Dunno if this eko titiwangsa has strong selling points like ekocheras project?
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I leave it to other bosses to comment the EkoTitiwangsa....

I look from a different angle, since EKC is the first mixed project of Ekovest, EKC has to be success to boost investor confidence in their other projects (EkoTitiwangsa, EkoXXX??).

Jagalat
post Jul 16 2014, 08:23 PM

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QUOTE(CMW123 @ Jul 16 2014, 09:18 PM)
Most valuable and relevant advice to a developer building a mall:

If it is not your area of expertise in mall management like Sunway taikor, pls get an expert. They need to be involved during the concept n building plan design stage...not when the mall is about to complete then only engage them to fill up the space. If u do not do it right from the beginning n create a bang with the right tenant mix filling up the mall upon opening, don't dream of miracle happening...u lose more trying to fix it later when the damage has been done
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Yes nod.gif
Ekovest pls take note if you are reading..
thumbup.gif thumbup.gif thumbup.gif

This post has been edited by Jagalat: Jul 16 2014, 08:24 PM
Jagalat
post Jul 17 2014, 11:32 AM

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QUOTE(restful increase @ Jul 16 2014, 09:08 PM)
Any of u buying eko titiwangsa also developed by ekovest. I got sms by ekovest today for registration
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What do you think about this project, Restful boss?

Jagalat
post Jul 17 2014, 01:56 PM

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QUOTE(CaptainCool @ Jul 17 2014, 12:46 PM)
daikor going over to klcc for the property fair this weekend?
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I am kind of tight this weekend, not decided yet.

Pls share if any boss going.
Thank you ya....
cheers.gif
Jagalat
post Jul 18 2014, 02:55 PM

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QUOTE(windz1984 @ Jul 18 2014, 01:54 AM)
Wat to expect from this Nanyang property fair? EkoTitiwangsa?
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Managed to have a short pass-by at the fair during lunch time.
Significant less booths compared to the previous property fait at Mid Valley few months back.
No time get more details.

Overall, not many people. Perhaps it is the first day.
Ekovest booth is located at the first center left upon entering Hall2.
You may see the logo from the entrance.
Admission is free.

This post has been edited by Jagalat: Jul 18 2014, 02:58 PM
Jagalat
post Jul 18 2014, 03:39 PM

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EKC...
user posted image

This post has been edited by Jagalat: Jul 18 2014, 03:40 PM
Jagalat
post Jul 18 2014, 04:01 PM

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QUOTE(soon9913 @ Jul 18 2014, 04:56 PM)
Thanks for the update. Did they mention about the tower N?...
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I did not have a chance to ask...very rush window for the visit.. guan sui lok kiok...

Jagalat
post Jul 18 2014, 05:15 PM

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QUOTE(Babizz @ Jul 18 2014, 05:21 PM)
did anyone ask/see anything abt Eko titiwangsa?
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Too rush...only two photos taken...
EKT is a FH project, 3 buildings from 820 sft

EKT
user posted image

Ekovest booth with EKT model
user posted image

This post has been edited by Jagalat: Jul 18 2014, 05:16 PM
Jagalat
post Jul 18 2014, 05:20 PM

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QUOTE(Babizz @ Jul 18 2014, 06:19 PM)
thanks alot bro!! looks good... different design from EKC
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I was told they are using different architect for EKT

Jagalat
post Jul 18 2014, 05:34 PM

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QUOTE(windz1984 @ Jul 18 2014, 04:51 PM)
Seems like the property cooling off measures really works, especially the recent hike of interest rate.
Property investment become more and more challenging..
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This year, for property fairs that I have attended at noon time of the first day, the crowd is less.
If this Saturday and Sunday are also with less crowd, then the property cooling off measures really works..

Jagalat
post Jul 18 2014, 06:12 PM

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QUOTE(CaptainCool @ Jul 18 2014, 07:04 PM)
seems like our ekocheras much nicer woh.....hahaha,but this is purely residential i suppose?
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Yes. I would interprete so.
The site also spells luxury condominium.
http://www.ekotitiwangsa.com/about.html


The floor plan is not available from the link.
http://www.ekotitiwangsa.com/project.html

I was informed that even the smallest unit 820sf also has 1+1 room.
(Guess they have learnt from BlkE)
The +1 room is a reading room but does not have a window access to atmosphere.
Anyway, it has not been finalized.




This post has been edited by Jagalat: Jul 18 2014, 06:19 PM
Jagalat
post Jul 19 2014, 12:48 AM

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QUOTE(CMW123 @ Jul 18 2014, 09:59 PM)
Aiyo, cannot help to criticize again, 820 sf is enough to have 2 rooms lah. A room without window can only qualify as +1.

For 1 room, 600 to 700sf is consider big enough for investment product or couple staying. If selling price is around say RM700psf, it is already RM574k and is for 1+1 room, not 2 room...

They should do a 650 sf 1 room unit which is around RM450k mark and a 850 sf 2 rooms units below RM600k mark...
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I hope the finalized design really has a window accessing to atmosphere.

Speaking of the price mark, would RM692-706 psf doable for this project located in Titiwangsa area ?
Jagalat
post Jul 19 2014, 07:00 PM

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QUOTE(CMW123 @ Jul 19 2014, 07:41 PM)
Paid RM6 parking but the projects exhibited not interesting at all

Crowd also so so on a Saturday afternoon

But many people listen to ho chin soon talk
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Lol... Did he reveal more MRT news or finalized locations?

Jagalat
post Jul 20 2014, 11:51 PM

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So, does it mean let's wait for a down of subsale price and then sapu??
Jagalat
post Jul 21 2014, 12:33 AM

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QUOTE(frozenne @ Jul 21 2014, 01:02 AM)
Ekocheras became bubble thread.
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Why is that?
Boss, can you elaborate further?
Jagalat
post Jul 21 2014, 02:22 PM

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QUOTE(neonikson1 @ Jul 21 2014, 01:16 PM)
Wah... Ah Soon gor, how many units did you sapu? 

I think EkoCheras is still relatively safe because of good location and accessibility. Other condos without strong selling point i think tough luck!
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Hi Neonikson1 boss, Can enlighten me by providing examples of KV condos without strong selling point?
You may use PM in case the examples are sensitive.
Thanks.

Jagalat
post Jul 21 2014, 03:46 PM

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QUOTE(neonikson1 @ Jul 21 2014, 04:26 PM)
so based on the list above, it is obvious why i invested in EkoCheras.  smile.gif
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Noted.. Thanks again.

Item 5 is a bit difficult to tell for EKC.
BlkE near the Tmn Billion slope.
Many years back, there was a minor case happened.




Jagalat
post Jul 21 2014, 04:58 PM

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QUOTE(Babizz @ Jul 21 2014, 04:57 PM)
dam cheap dam worth it! sure win wan this EKC!
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How about you? Vested in EKC too?


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