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

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neonikson1
post Jun 26 2014, 11:30 AM

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Even for just residential, who say I can't have more than 3 people living in a unit?

So I think access card can't be limited, unlike hotel we just stay for a few days so we can tolerate n work around it. But for long term no way.

This post has been edited by neonikson1: Jun 26 2014, 11:31 AM
neonikson1
post Jun 26 2014, 11:41 AM

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We can't use the formula for car park to apply on residence. There is only 1-2 car park bay, even if I give you more cards you can't use it. So it works by limiting the access cards for cars.

What did HDA said about the maximum number of residence allowed per unit?

This post has been edited by neonikson1: Jun 26 2014, 11:43 AM
neonikson1
post Jun 27 2014, 11:41 AM

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Are these the loan reject units?
neonikson1
post Jun 27 2014, 11:42 AM

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QUOTE(Jagalat @ Jun 26 2014, 04:03 PM)
Hello Captain boss, where have you been recently?
This forum is alive almost everyday despite of public holidays, by election, world cup etc...
Glad that you are back.. rclxms.gif
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Thanks to Jagalat bro he has been keeping this thread alive!
neonikson1
post Jun 29 2014, 06:23 PM

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QUOTE(Jagalat @ Jun 29 2014, 03:49 PM)
For your reading pleasure, check out the EKC portion of this following link...
http://www.propertyhunter.com.my/v1/news.php?id=872
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Good things to say about EKC!
neonikson1
post Jun 29 2014, 06:27 PM

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QUOTE(Jagalat @ Jun 29 2014, 03:49 PM)
For your reading pleasure, check out the EKC portion of this following link...
http://www.propertyhunter.com.my/v1/news.php?id=872
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Japanese tends to bring up the price.
neonikson1
post Jul 2 2014, 11:01 AM

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QUOTE(yjoe3t @ Jul 1 2014, 11:44 PM)
For those who want to know more about Eko-Cheras, Please PM me.

Hope to hear from you.
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Ya lah.. We have been following this thread for almost a year now. Anything that you know that we don't know please share.
neonikson1
post Jul 4 2014, 08:16 AM

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Congrats to all the brothers n sisters who bought blk J earlier!

Without dibs still can buy, the capital appreciation will cover that.
neonikson1
post Jul 15 2014, 02:51 PM

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QUOTE(gedebe @ Jul 11 2014, 11:33 AM)
Actually i was also wondering who will be renting a soho 762sf for rm2.3 -2.5K, so small, if want to use for living, can only stay 1 person or the most 2 person, even that not so convenient because there is no room. 
if want to use for office, there is ample office space with is larger than this at this price!
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I think the rental these days can't fully cover the loan payment. House pricing has gone up much faster than rental could catch up. We should realise this point.

But with that said, people are still buying properties. Because people know that it is a way to preserve their wealth.

The reason I'm betting on EKC is the location plus MRT concept. I believe this is the future trend.

neonikson1
post Jul 15 2014, 05:38 PM

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QUOTE(kh8668 @ Jul 15 2014, 03:09 PM)
How about Cheras sentral ? Hahaha
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I think first impression is usually the lasting impression. We all know what happened to pheonix plaza back then... It didn't give good impression to public.

As for location, EKC is much better, it's nearer to KL, it has direct access to mrr2, n easier to make U-turn if you are coming from KL.
neonikson1
post Jul 15 2014, 05:44 PM

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QUOTE(PeriPeri2014 @ Jul 15 2014, 03:03 PM)
This project fully sold out?? Location+MRT is good idea.........Future Trend..... rclxms.gif  rclxms.gif
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Peri Bro, EKC not fully sold out yet, still have some units available I believe . Check out their sales gallery. Or Restful kor n Jagalat kor can advise as well. smile.gif
neonikson1
post Jul 15 2014, 05:51 PM

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QUOTE(MrHunter @ Jul 15 2014, 05:44 PM)
Commercial components, concept, facade, mrt, scale of project. Most importantly, location..fronting the busy jln cheras which cannot go wrong unless developer screw up the execution.
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Agree! Every investment involve risk. However, a good investment should have minimum risk factor, both internal n external risk factor.

I see EKC has a lot of success elements which reduces its risk factor. External risk factors almost nil. Internal factor is the biggest concern, that's the execution on construction n future property management.
neonikson1
post Jul 15 2014, 06:46 PM

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QUOTE(HELLO HELLO @ Jul 15 2014, 05:56 PM)
but cheras sentral got mrt 1 and mrt 2 wor.
mrt2 direct reach klcc station and no need interchange.

EKC opposite leisure mall got GSC. CS also got TGV.
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May be as a transportation hub it is good, but I'll take the trouble to go one station further to do my shopping. Just my own preference.
neonikson1
post Jul 16 2014, 07:26 PM

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You need to have synergy to be successful. Smaller malls or isolated ones are hard to compete with the bigger or more comprehensive ones.

That gives another +1 to ekocheras because it is near leisure mall.
neonikson1
post Jul 16 2014, 08:18 PM

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QUOTE(restful increase @ Jul 16 2014, 08:13 PM)
Even kl sentral has a new mall called Nu Sentral Mall.
Almost everwhr got mall..
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That's urbanisation man! Just imagine singapore, lots of mrt stations is linked to a malls.
neonikson1
post Jul 16 2014, 08:21 PM

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QUOTE(CMW123 @ Jul 16 2014, 08:18 PM)
Most valuable and relevant advice to a developer building a mall:

If it is not your area of expertise in mall management like Sunway taikor, pls get an expert. They need to be involved during the concept n building plan design stage...not when the mall is about to complete then only engage them to fill up the space. If u do not do it right from the beginning n create a bang with the right tenant mix filling up the mall upon opening, don't dream of miracle happening...u lose more trying to fix it later when the damage has been done
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+1
neonikson1
post Jul 20 2014, 10:10 PM

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QUOTE(windz1984 @ Jul 18 2014, 03:51 PM)
Seems like the property cooling off measures really works, especially the recent hike of interest rate.
Property investment become more and more challenging..
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Cooling measure if definitely taking effect. Banks are simply not approving loans. This has caused the housing transactions to drop for 10% comparing to last year.

http://www.globalpropertyguide.com/Asia/ma...a/Price-History

We just had the interest rate increased by 25 basis point in July 2014. Another round of interest rate increase is expected to be in September 2014 by another 25 basis point. This will make a total of 50 basis point increased since 2011 and this will definitely hurt our rental yield. But expect to see good interest rate for FD in near future.


http://www.thestar.com.my/Business/Busines...25-basis-points
neonikson1
post Jul 20 2014, 10:44 PM

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http://property.sinchew.com.my/node/2638?tid=4

During DIBS time alot of youngsters bought multiple properties in hope that they can sell those properties once VP and make some good return. Well... i think this plan will remain just a plan.

If they can't sell the units off, they will have tremendous pressure when they have to start servicing their loans after VP. With interest rate increased by 50 basis point, even worst if it goes up to 100 basis point, they will have to throw these properties into the market with substantial discount!
neonikson1
post Jul 21 2014, 12:01 PM

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QUOTE(Jagalat @ Jul 20 2014, 11:51 PM)
So, does it mean let's wait for a down of subsale price and then sapu??
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I always believe that opportunities are for those who are ready to act! He he he...
neonikson1
post Jul 21 2014, 12:16 PM

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QUOTE(soon9913 @ Jul 20 2014, 11:13 PM)
I think I'm one of the youngsters.... OoOOo
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Wah... Ah Soon gor, how many units did you sapu?

I think EkoCheras is still relatively safe because of good location and accessibility. Other condos without strong selling point i think tough luck!



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