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

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gks
post May 5 2015, 05:53 PM

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QUOTE(Jagalat @ May 5 2015, 04:29 PM)
http://www.woot.com.my/mrt-properties-in-malaysia/
12 properties near future MRT in Malaysia you probably should be investing.

At least 7/12 (starred) are off Jln Cheras, with Mutiara 482 close to Jln Cheras

*12. Miharja Apartment / Condominium @ Maluri MRT Station
11. The Sentral Residence @ KL Sentral MRT Station
*10. J.Duppion Residence @ Taman Pertama MRT Station
  9. Dsara Sentral @ Kampung Selamat MRT Station (Sg Buloh)
  8. Sqwhere @ Kampung Selamat MRT Station (Sg Buloh)
  7. Tropicana Gardens @ Surian MRT Station
*6. YouCity @ Taman Suntax MRT Station
*5. Saville Cheras – Sri Raya MRT Station
*4. The Netizen BTHO @ Bandar Tun Hussien MRT Onn Station
*3. Sunway Velocity @ Cochrane MRT Station
  2. Mutiara 482 @ Cochrane MRT Station
*1. Eko Cheras @ Taman Mutiara MRT Station
Author say: "Whichever property is your final pick, you’d probably won’t go wrong
because time and time again, properties nearing to public transport has shown
to command a premium rent over other locations."

Do you agree??
*
Was reading a report that mention property within walking distance to lrt station enjoy 20% higher rental.

The missed point is the price which i believe most already factor in the MRT price. Just for example Sqwhere and Saville Cheras which located at middle of nowhere... The price is significantly higher and i believe easily >20% higher than the property beyond the vicinity of the MRT stations.
fishleong88
post May 5 2015, 09:02 PM

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nice list.... thanks for sharing that jagalat.
HarpArtist
post May 5 2015, 09:53 PM

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QUOTE(gks @ May 5 2015, 05:53 PM)
Was reading a report that mention property within walking distance to lrt station enjoy 20% higher rental.

The missed point is the price which i believe most already factor in the MRT price. Just for example Sqwhere and Saville Cheras which located at middle of nowhere... The price is significantly higher and i believe easily >20% higher than the property beyond the vicinity of the MRT stations.
*
agreed. need careful consideration whether a very good property is priced too good, and will not return a good profit as compared to a medium property at a low price...
nda1219
post May 6 2015, 08:26 AM

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+1 priced too high, will not return a good profit rite?

QUOTE(HarpArtist @ May 5 2015, 09:53 PM)
agreed. need careful consideration whether a very good property is priced too good, and will not return a good profit as compared to a medium property at a low price...
*
restful increase
post May 6 2015, 06:04 PM

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when petrol price start spicking up again, doz lrt/mrt linked projects will definitely command a better rent going forward.
LTG
post May 6 2015, 06:11 PM

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QUOTE(restful increase @ May 6 2015, 06:04 PM)
when petrol price start spicking up again, doz lrt/mrt linked projects will definitely command a better rent going forward.
*
walking distance with cover bridge only attractive . some station also got alot old apartment with walking distance.
malaysia still too hot to walk smile.gif
restful increase
post May 7 2015, 08:14 PM

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dats why ekocheras with its covered bridge shud do well.
Babizz
post May 7 2015, 10:27 PM

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QUOTE(LTG @ May 6 2015, 04:11 AM)
walking distance with cover bridge only attractive . some station also got alot old apartment with walking distance.
malaysia still too hot to walk smile.gif
*
I bliv within 200m is v good even if no bridge...I saw connexion ioi city ad saying 700m from ioi city..sure those ppl nvr walk 700m b4.. for commie to be effective with mall or train need to be 100-150m n direct frontage..
LTG
post May 8 2015, 09:43 AM

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build the bridge is easy just who want maintaince the bridge ~
if got bridge come with aircon then lagi best
Jagalat
post May 11 2015, 10:50 AM

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Taken yesterday, in the afternoon...
Slighty a bit more area dug compared to 2~3 weeks ago.
Slow progress la.
user posted image

This post has been edited by Jagalat: May 11 2015, 10:50 AM
Jagalat
post May 11 2015, 10:51 AM

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Zoom of above...
Do you see a worker in yellow helmet?
That gives an impression of the depth.
user posted image
Jagalat
post May 11 2015, 10:51 AM

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More spots for pillars, at BlkJ area.
user posted image
Jagalat
post May 11 2015, 10:52 AM

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Zoom of above
user posted image
Jagalat
post May 11 2015, 10:52 AM

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What type of pillar is this?
Looks 3 ft-square in area....
user posted image
TSaccetera
post May 11 2015, 11:59 AM

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Thanks Jagalat for the close up pictures.
restful increase
post May 11 2015, 11:46 PM

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jagalat kor, progress still slow. looks like we can put our equity in the FD a little longer
Jagalat
post May 12 2015, 10:23 PM

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Indeed....
CMW123
post May 13 2015, 05:44 PM

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What's wrong with this Ekovest...progress so slow

Always had the impression that they are established group with strong construction experience
gks
post May 13 2015, 07:06 PM

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QUOTE(CMW123 @ May 13 2015, 05:44 PM)
What's wrong with this Ekovest...progress so slow

Always had the impression that they are established group with strong construction experience
*
They are doing piling for 60storey building + 3 storey basements
I am not surprise with time taken

I bought one project with 4 storeys basement + simple 15storey building
It took them 15months to complete the dig out + piling

A recent example is four seasons. After launched in feb.2013, after more than 2years only superstructure rose from ground.

I think Ekovest should start the construction before spa signing.
Jagalat
post May 15 2015, 02:34 PM

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QUOTE(gks @ May 13 2015, 08:06 PM)
They are doing piling for 60storey building + 3 storey basements
I am not surprise with time taken

I bought one project with 4 storeys basement + simple 15storey building
It took them 15months to complete the dig out + piling

A recent example is four seasons. After launched in feb.2013, after more than 2years only superstructure rose from ground.

I think Ekovest should start the construction before spa signing.
*
Thanks for your posts to indicate buildings with basement require construction time.

Also curious if you are a buyer of any EKC unit.
I am sure other daikor has asked the same question.
Mind to reveal?
Thank you.
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