Bro, no carpark is fine because if operated as a hotel, the guest can get daily pass/chop ticket for the number of days that they are staying. For the self managed, how do they handle, buy monthly season pass from the operator for the guests?

6% GRR is quite the market norm and is the minimum return. Some even offer GRR of 8%

We all hope that EKC will be the most ONG place in Jiu Lai but it is difficult to understand the thinking of the developer...

Bro, pls tell us more about your fren's bad experience for his investment in hotel room. Mind to share the project name?

investing in hotel GRR, you have to see the overall package

The maturity of surrounding (famous hotel, famous mall, complex)
The attraction of surrounding (theme park, recreation park, historical places)
The tourist crowd of surrounding (shopping gala, festival, nite clubs)
The landmark of surrounding (one and only, white elephant building)

all the biest

LOL...What if my original intention was to purchase a bare unit and a car park unit. Let's leave it to the creative imagination of investing a bare unit and a car park.
(Nop, no cannon, no weapon)

So boss, have you booked?

I look at the bright side, if the next 20% payment are to be paid this year, it showed at least some progress achieved.
Looking forward to receiving letters asking for next two billings.



This post has been edited by Jagalat: Mar 16 2015, 07:08 PM

For your reading pleasure: From Bernama, reporting for last Saturday

"50% daripada 260 bilik hotel dan 40% daripada 105 unit suite pejabat dijual dalam tempoh sejam selepas dibuka untuk jualan pagi ini"

http://www.bernama.com/bernama/v8/bm/bu/ne....php?id=1116979

dijual dalam tempoh sejam selepas dibuka atau ditempah sebelum buka

All taikors, if anyone of u plan to visit to their office, can u please help to ask the SA why the progress of the project so slow? I don't know, but just thinking sure there is some reasons (or problems?) behind? The progress is too slow and seems abnormal...

Not easy to dig three floor down the ground at cheras. There ain't any project in cheras dig deeper than Ekocheras other that maluri mrt station...
Need to slow blast.., water, rock, stone,... Maybe jumpa oil and gold leh lol
I can't find any similar to bench mark the project speed because so far no other project dig so deep..

Anyone know the sales status?

How much is the office blocks from?

when did ekocheras construction start work?

For your reading pleasure:

Summary
- “In the first hour of our launch, we managed to sell 40% of our [105] office units
and 50% of our [260] hotel suites,” said its MD Datuk LKC at the launch on Saturday.

- At press time, 80% of the office and hotel suites have been taken up, which will
add approximately RM150 million to RM200 million to the group’s unbilled sales.

- “We are a conservative company. We are selling the office and hotel suites to reduce our risk.”

- “It also gives us more funds to take on other projects and grow the business,”
said Lim, when asked why the group opted to sell the office and hotel suites,
instead of keeping them for recurring income.

- The residential units have been mostly sold out after their launch in December
last year(?) with a 90% take-up rate, not including the bumiputera units which
can be released once construction passes 50% completion.

- The entire EkoCheras development is expected to be completed by November 2017.

Deatils here
http://www.theedgemarkets.com/my/article/e...es-sell-briskly

Chinese version (shorter)
http://www.chinapress.com.my/node/606814

For your reading pleasure:
Wonder why they have it for Jap version about the hotel/office news ....
Maybe wanna attract Japs to buy units (> RM 1mil) of the remaining 10% of Service Apartment.

http://totalmalaysiafudosan.jp/news/?mode=d&i=79

80% sold got or not???

For those who are concerned about the progress...

Interesting...

http://www.malaysiandigest.com/frontpage/2...medium=facebook

Just saw the hotel brochure. The small unit doesn't come with pantry.. How to live for long term stay? SA told me can buy and stay there for long term. I am thinking stupid or what. Tak Kan everyday I use water from toilet water meh.
They should give a pantry la if they want to market as a service suite like type C then can do short to mid term stay. Not that costly to add a water point there only...
I ask the SA how long can u stay like this condition?
Ekovest memang newbie. The market is so slow and some more need gst still expect bbb market meh...

This post has been edited by mybenz: Mar 19 2015, 12:19 AM

but there is progress....they been koreking the soil.

I stayed in hostel for 5years during student times. There was no pantry, no toilet attached too😁. 1st year of my working life, stayed in another hostel with attached bath room but no pantry for a year.
To be fair, thats hotel they are selling and thats what a hotel of its projected status will offer. If tenant want a room with better equiped facility, come look at the 2 soho and service apartment. Im sure by then, many of the owners will offer their unit for rental.

But then again that's for student and how much is your rental compared to the so called hotel suite?
I agree. Eventually for those who wants more facilities will go to block J h and E. And that means those who self manage to hotel suite will having a hard time to rent out for long term basis.