Hotel suites for sale??

when is the exact VP month n yr.. i heard developer cashfpow not strong thts why progress so slow.

i think shld be delayed 6-12 months maybe? wht u think of d hotel viability? shld do well with MRT n Mall right?

the 2nd 10% payment has been delayed fr mac 2015 to june. the 3rd 10% will also be due Oct 2015. So for those who borrowed 70%, b ready to pay ur balance 20% this year.

With such a low entry.. the hotel suites rental sure undercut all single bed 
250k 1.5k rental can do ah?

1000+ previous buyers  and only 250 units.
Saturday sure BBB!
One day finished booked out?

Let's put the grr aside because never been said there is grr at this point. What about if without grr?
Self manage as per individual Strata units.. Just like a normal service suites of course only a room.. Can lease it montly like 1.5-1.6k? If this the case it will cannibalize into the single  room  Soho and apartment market being the lowest entry!
Well that if the hotel come w a pantry to sustain a loong term stay.... If this the case then worth to consider

get ready balance of 20% payment for those who obtained 70% loan. u will b asked to pay up this year.

Below are the questions collected so far (I may miss some).
Feel free to add/edit/answer and refer to it tomorrow.
(A) Hotel Overall
(1)How many stars is expected on this hotel?
(2)Strata title for each unit?
(3)Full furnished? Fully Furnished
(4)Any available water point to do a small pantry in the unit?
(5)What is the price(psf) increased per floor?
(B) GRR package
(1) GRR or not?
(2) If GRR, what is the %?
(3) GRR for how many years?
(4) What is the ROI of 1st year, 2nd year, 3rd year until expiry?
(5) How much is the maintenance fee?
(6) Who pays maintenance fee?
(7) What is the renew package after GRR expired?
© Hotel operator
(1) Who is the operator?
(2) What is the Hotel Operator's paid up capital amount? (just to know its background)
(3) Hotel Operator MoU signed?
(4) Who to pay furniture replacement? Owner?
(5) In case of the Hotel Operator who responsible for GRR ceased to operate, what would be the issue to buyers?
(D) Expenses
(1) When is the next draw down?
(2) What is the GST calculation along the construction period?
(E) SPA
(1) Are all of the above details spelt in SPA?
(2) Else, which one is not spelt?
(3) Free SPA legal fee, etc?
(4) Free loan legal fee, etc?
I have yet decided to attend(still 15/16).
If any daikor/boss can reply with answers tomorrow, the picture will get a whole lot clearer.
Thanks up front.

This area gonna be Future new super cannon room happy ending playground. Sibeh syok! Can't wait for it to complete.

Actually mont kiara also ada Sibeh banyak private happy ending cannon room. 1 of the best in klang valley. Mostly International stock. That's only available if u know the inside people. They will bring u play play happy ending.

I got manyak friends from pj and Juilai Sibeh like to come to mont kiara cari quality stocks play play in cannon room.

Now this ekocheras soon become 1. Hopefully stock quality good enough can match mk.

Lease agreement is 5years and 6% GRR/yr. negotiate again after the end of the lease term.
Std size of the hotel room is 250sqf. Bare unit is about RM250k and no GRR while full furnish unit start at RM318k before early bird discount.
As per SA, the net return is about 4%-4.5% per year after deduct mgt fee, assessment quite rent, electricity water n etc.
And please take note the progress billing will be subject 6% GST in future.

Hotel Suites >>> quality stocks cannon room
Service Apartment >>> 2nd milk village

Bro, high yield return for investment in hotel room or investment in 2nd milk? 😄

Booked a bare unit yesterday. Price after discount around 230k.

Since its a hotel suite, short term rentals (AirBnB style) are probably allowed?

Jagalat-kor, the construction progress seems slow considering we signed the S&P end of 2013..

Wow, SOHO units have been launched since Sep 2013.. Now already March 2015 (1.5 years gone), seems like still don't have any progress?   

Another 2.5 years till completion, right? When's the SPA signing date? 

yup i am sure they have lot of rules to control on standadization,
takkan suddenly one owner put a grilled out side and some owner put colour window
i am not sure on the dmc
maybe for interior id etc they might want to control as in all reno only can go with the appointed agency etc

thus the package is vague and all this is a question mark!

This one is hybrid .
those non GRR can use as service apartment type. Internal furnishing up to own.
Strata title. as usual others rulez governed by DMC maybe

for those services, can engage the management co if at the end of the day decided to do airbnb style.
or you can engage 3rd party external cleaning service.
Is totally up to you.
You want to rent out like a unit like 2 years contract or airbnb style and engage your own cleaning agency for daily , weekly, monthly etc

or you engage ekovest asset management team to do for u.

this hybrid concept is new to me too

The bare-unit package that will not be "taken care" by operator and no car park is my two main concerns.
JMHO, the best scenario to me is all buyers go for the fully furnished package and lease back.
But not sure if the ROI is attractive to buyers

Other daikors/bosses pls don't take me wrong, I hope the hotel units all sold out and buyers opt for fully furnished  packages.
This indicates again EKC is really ONG!!!