Anyone has further info about the hotel pkg? Car park included?

i think hotel here very feasible cos near MRT. Office at 900psf may nt be a good bet. nevertheless, mus analyze the leaseback agreement for the hotel.

Anyone has experience buying hotel suite in Malaysia or overseas? I'm wondering whether hotel suite can easily sell in secondary market?

This post has been edited by soon9913: Mar 8 2015, 06:28 PM

mkh will only release more info on d hotel sale on 14 mac.

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.

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

Dec 2017

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

This post has been edited by Babizz: Mar 8 2015, 10:21 PM

Then LAD 6-12 months? Sure or not?

Boss,

I predicting based on current progress which is u think can finish in 2.5 yrs? this is jus my crystalball la.

Agree the progress is really vomit blood....
Hope from this office or hotel launch, they get some money and speed up the mall construction.
Personally l would there is some LAD but l do not have good predictions when the VP will be.

Yes, i think this is a good way to shore up cash. btw, wikimapia just updated their arial view of d maps.. even ekocheras looks different

If it comes with GRR or Leaseback agreement, disadvantage due to lower return yield.

In the event of flood, people can stay overnight in hotel to avoid jam

my spa dated Apr 2014, still got 3 years to go!

Office at 900psf would have to rent out at RM3.75 p/month to yield 5% per annum.. doable in cheras with MRT n MALL? this is before rebates of cos.

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?

no one talk about flood? any preventative measure from developer? maybe free pickup truck?

That area never flood before. Flood started since mrt construction.
Can ask those who live there long enough to testify it.
But then again no one can guarantee after construction completed will remain the same as before.

This post has been edited by mybenz: Mar 9 2015, 06:18 PM

Flood started since THIS project started.