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

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Jagalat
post Aug 11 2014, 10:41 AM

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QUOTE(neonikson1 @ Aug 11 2014, 09:00 AM)
It is going to be quite narrow...
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In additional to connect to the U-turn bridge to be built by EkoVest, I would hope they retain the current 4 towards the Billion roundabout(ie 2 for the flyover, 2 for roundabout).


Jagalat
post Aug 11 2014, 02:24 PM

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QUOTE(soon9913 @ Aug 11 2014, 02:40 PM)
which flyover u mean? the proposed U- turn flyover or the existing flyover to KL?
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The existing flyover to KL...



This post has been edited by Jagalat: Aug 11 2014, 02:34 PM
Jagalat
post Aug 11 2014, 02:34 PM

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QUOTE(soon9913 @ Aug 11 2014, 03:29 PM)
bro, existing already got 4 lane. 2 to roundabout and the other 2 lane to flyover toward KL. biggrin.gif
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What I hope not to see is that they "utilize" one of the two lanes(that leads to the round-about), as the lane to U-turn flyover...

Current: 2(flyover to KL) + 2(Billion round-about)

Hope: 2(flyover to KL) + 2(Billion round-about) + 1(to U-turn flyover)

Not wish: 2(flyover to KL) + 1(Billion round-about) + 1(to U-turn flyover)

Jagalat
post Aug 11 2014, 03:00 PM

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QUOTE(pepper99 @ Aug 11 2014, 03:43 PM)
hmmm coz from wat i saw.. the tmn billion hillside is used for pillar for MRT.. it will be too too narrow if they r going to build another pillar to link MRR2..
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I am suspecting the Billion "edge-cutting" area is meant for MRT pillar also.

That is why I wish not to see to see: 2(flyover to KL) + 1(Billion round-about) + 1(to U-turn flyover).
If this is the case, traffic congestion at the Billion round-about will not be resolved.

Jagalat
post Aug 11 2014, 03:03 PM

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QUOTE(soon9913 @ Aug 11 2014, 03:58 PM)
from the photo you shared earlier, i dont think the road can accommodate 5 lanes

biggrin.gif
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Then, another possible configuration is to force to use the U-turn flyover, ie

2(flyover to KL) + 0(Billion round-about) + 2(to U-turn flyover).


Jagalat
post Aug 12 2014, 06:12 PM

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Weekday Sidetrack 1 - For those interested...

The effect of inflation on mortgage loan repayments

Points picked randomly from the article
- If loan interest rates > inflation
Pay off your Loan

- If loan interest rates < inflation
Use your money for either investments or consumption items

- In most situations, keep only a minimum amount of cash in savings or FD

http://www.starproperty.my/index.php/artic...oan-repayments/

Jagalat
post Aug 12 2014, 06:53 PM

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QUOTE(CMW123 @ Aug 11 2014, 10:19 PM)
Any taikor know these statistics as it will provide some guide on the strength or weakness of different sized units vis-a-vis the others i.e. In terms of internal competition for subsale or rental upon VP?
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Based-on the BlkE photos I have.
Total SA units (including L2) = 362
Total 596 sf studio (including L2) = 37
Total one room 8xx sf unit (including L2) = 194
Total SA with 2 rooms (including L2 + 9xx sf located at L2 to L3A) = 131

(Note: There are 3 units of 9xx sf located at L2 to L3A.
Not sure if thy have 1 or 2 rooms.
Due to their locations are right below the 2-roomers, they are classified as "2 rooms"
Feel free to make necessary adjustment if the 9xx sf are 1-roomer)

I give up on BlkH&J as my photo resolution are low.
Need other bosses for BlkH&J statistic....


Jagalat
post Aug 12 2014, 07:27 PM

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Anyone has the inflation rate of KV for the past few years?
Pls share. Thank you...

QUOTE(Jagalat @ Aug 12 2014, 07:12 PM)
Weekday Sidetrack 1 - For those interested...

The effect of inflation on mortgage loan repayments

Points picked randomly from the article
- If loan interest rates > inflation
  Pay off your Loan

- If loan interest rates < inflation
  Use your money for either investments or consumption items

- In most situations, keep only a minimum amount of cash in savings or FD

http://www.starproperty.my/index.php/artic...oan-repayments/
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Jagalat
post Aug 13 2014, 02:00 PM

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QUOTE(CMW123 @ Aug 13 2014, 01:48 PM)
Good read for condo investment from the STAR on 9 Aug 2014:

Poser on condo market

BY THEAN LEE CHENG
:
“Two factors determine the market today – units with a built-up area of 1,000 sq ft or a ringgit value at the RM500,000 level. This situation has resulted in developers generally planning for their projects based on these two criteria,” says Lim.
“Up to RM700,000, we still think it is affordable. Anything above that is very difficult to sell and banks are finding it tougher to give loans. These are the determining factors today,” he says. Lim says he does not know how long this situation will prevail.

These two criteria upon which buyers base their purchases on is particularly glaring in locations in Mont’ Kiara and the Kuala Lumpur City Centre (KLCC).

The outcome is that buyers are buying into one-bedroom units of about 700 sq ft in Mont’ Kiara (with a monthly rental of between RM2,500 and RM3,500) and developers are building small units of less than 1,000 sq ft in the KLCC area for about RM1mil.

The point is, with an average monthly rental of RM3,000, a young Malaysian may as well buy his/her own unit. Which means, the owner of a one-bedder will be seeking a foreigner to rent the place.

Multiplying usage

Lim says developers are also discovering that their strategy of multiplying usage, which has seen the launch of mixed-use commercial units such as SoHos, SoFos, SoVos - essentially small offices, home offices - may not be as workable as initially thought.

“Developers thought that by multiplying usage – either for residential or office use – they could sell. But this has not been the case,” says Lim.

“They are finding out that they cannot mix the two,” he says.

He points out that this dual mix - as when one occupant uses it as an office and his neighbour uses it as a home - is not beneficial for the overall market.

:
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Thanks for sharing...
Let's see if a few notes from the article relevant to EKC.
For discussion seek, not to promote/demote,
Q1: How would all bosses view the BlkE 8xx sf units, with lowest price tag ~RM500k+ and highest ~RM700k?
Q2: Des the EKC SOHO beneficial for the overall market or not? Your view, pls.


Jagalat
post Aug 13 2014, 08:18 PM

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Weekday Sidetrack 2 - For those interested...

- What Can Your EPF Money be Utilized For?
http://loanstreet.com.my/learning-centre/e...y-housing-loan/

- 7 Other Things You Can Use Your EPF For
http://loanstreet.com.my/learning-centre/W...se-Your-EPF-For

This post has been edited by Jagalat: Aug 13 2014, 08:19 PM
Jagalat
post Aug 16 2014, 01:00 PM

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What l would like to see during raining season is any flash flood or land slide incident.
Jagalat
post Aug 17 2014, 04:11 PM

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QUOTE(nijiyaautohaus @ Aug 17 2014, 03:23 PM)
sunny sunny day ...
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Yeap.. sunny afternoon... Taken some pictures one hour ago.. Will share once pictures are uploaded...
Jagalat
post Aug 18 2014, 12:06 AM

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The section of Jln Mutiara Barat leading to Jln Cheras will be officially closed for construction on the eve of Merdeka. It is likely my final visit to the site until it's reopen....


user posted image




This post has been edited by Jagalat: Aug 18 2014, 12:14 AM
Jagalat
post Aug 18 2014, 12:19 AM

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Even the final workshop is also under tear down. The roof is gone.
user posted image


Jagalat
post Aug 18 2014, 12:48 AM

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QUOTE(Micfock @ Aug 18 2014, 01:26 AM)
Hi. I just boo the block E, but no discount at all. Can any sifu share wit me the launching discount ? I heard block H is 10% + 7%(DIBS REBATE) and block J is 5% + 7%(DIBS REBATE), is it true ? How about block E ?
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Hello Micfock boss, Welcome to the EKC family.
You may flip back a number of pages to view the BlkE chart.
The price tag is the same as day one.
The early BlkE buyers have only 7% rebate if omit Dibs.

Jagalat
post Aug 18 2014, 12:53 AM

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QUOTE(jiu9999 @ Aug 18 2014, 01:21 AM)
will this road reopen and pass through the future ekomall ?
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My prediction is yes.

Jagalat
post Aug 18 2014, 08:53 AM

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QUOTE(jiu9999 @ Aug 18 2014, 02:24 AM)
cheaper than mine
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Your unit is also at BlkE?
Jagalat
post Aug 18 2014, 09:10 AM

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BlkJ and Office tower. More cranes in action.

user posted image

This post has been edited by Jagalat: Aug 18 2014, 09:14 AM
Jagalat
post Aug 18 2014, 09:12 AM

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A zoom of BlkJ site. You may see a crane located at lower level than the "ground".

I wonder why they dig earlier this year then fill soil and now re-dig....

Any boss has answer to my "re-dig-curious" question?

user posted image


Jagalat
post Aug 18 2014, 09:12 AM

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The remaining BlkJ, BlkL and BlkM site. There is also a crane parked at lower level than the "ground".

user posted image



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