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

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Jagalat
post Jun 19 2015, 11:29 PM

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QUOTE(Babizz @ Jun 19 2015, 11:17 PM)
Bro, sad but still dnt see much progress over the 1 month period.. i monitor many projects n ekc progress is slow month-month..
NPE night passby scott garden mmg empty.. i think around 10+ is when the activity starts..  nod.gif  nod.gif
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Bro, one month ago, BlkH site belum start korek lagi leh.
Let's monitor one more month...

Jagalat
post Jun 19 2015, 11:42 PM

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QUOTE(soon9913 @ Jun 19 2015, 09:23 PM)
New video looks attractive.. It is best if they can deliver as per the video... tongue.gif
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From video, the cinema has 9 halls?
Babizz
post Jun 19 2015, 11:50 PM

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QUOTE(Jagalat @ Jun 19 2015, 09:29 AM)
Bro, one month ago, BlkH site belum start korek lagi leh.
Let's monitor one more month...
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Yeap let's see and hope for the best.. going EkoT tomoro?? 9 hall movie theatre is small n i was hoping for a different cinema brand here like CGV but too small la..
mthc
post Jun 20 2015, 12:27 AM

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QUOTE(Jagalat @ Jun 9 2015, 10:43 PM)
Hmmm...Curious, between toll road and EKC/mall/hotel/office, which one is making overall better profit? hmm.gif
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Toll road is long term investment and slow. They got consession on the highways for around 58 more years I think.

Property development is short term with big return while malls and hotels for recurring income. However the success on their malls and hotels is a concern.

Overall better profit? Definitely property development. That is why highway builders like Ekovest is venturing into property development now.

Just take a brief analysis on Ekovest's fundamentals. Their revenue is low because they are highway builders. I believe it will be improved significantly from their property development arm.


soon9913
post Jun 20 2015, 10:19 AM

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QUOTE(Jagalat @ Jun 19 2015, 11:42 PM)
From video, the cinema has 9 halls?
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Bro, Not really can see how man halls as I used hp to watch the video..
Jagalat
post Jun 20 2015, 03:09 PM

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QUOTE(soon9913 @ Jun 20 2015, 11:19 AM)
Bro, Not really can see how man halls as I used hp to watch the video..
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In the video, at the cinema hall, it has numbers displayed from 1 till 9.
That triggers me for the question.
Anyway no problem.
soon9913
post Jun 20 2015, 06:28 PM

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QUOTE(Jagalat @ Jun 20 2015, 03:09 PM)
In the video, at the cinema hall, it has numbers displayed from 1 till 9.
That triggers me for the question.
Anyway no problem.
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Bro, I think the video is for illustration purposes. Don't take it serious until it is materialised.
We don't even know the operator at the moment ..
Jagalat
post Jun 20 2015, 10:53 PM

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QUOTE(soon9913 @ Jun 20 2015, 07:28 PM)
Bro, I think the video is for illustration purposes. Don't take it serious until it is materialised.
We don't even know the operator at the moment ..
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Understand it is illustration and changes may happen.
I am only curious to find out if there is any internal news.
No worry about it.

Gary
post Jun 21 2015, 08:32 AM

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Bro. If loan belum disburse. .can we terminate the spa?
soon9913
post Jun 21 2015, 09:45 AM

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QUOTE(Gary @ Jun 21 2015, 08:32 AM)
Bro. If loan belum disburse. .can we terminate the spa?
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I don't think can terminate as your like If spa signed n stamped .. As the purchase becomes unconditional
syarehey
post Jun 21 2015, 10:43 AM

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QUOTE(Gary @ Jun 21 2015, 08:32 AM)
Bro. If loan belum disburse. .can we terminate the spa?
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You can, but will need to pay some charges. The condition should be written in your SPA, some developer will charge you 1% of house price or void your deposit. If you would like to do so, you need to contact your banker and lawyer to proceed immediately.
Gary
post Jun 21 2015, 11:37 AM

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Thanks bro for the advice. I suspect something amiss. I will discuss with home minister.
HarpArtist
post Jun 21 2015, 12:21 PM

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QUOTE(Gary @ Jun 21 2015, 08:32 AM)
Bro. If loan belum disburse. .can we terminate the spa?
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you do that....and i'll receive another sms from them saying latest loan rejected unit/bumi released...come and buy sweat.gif
mthc
post Jun 21 2015, 12:24 PM

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QUOTE(Gary @ Jun 21 2015, 11:37 AM)
Thanks bro for the advice. I suspect something amiss. I will discuss with home minister.
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You don't mind sharing with us what happened? I'd would love to know more abt Ekovest as they are considered pretty new in property development. Tq
soon9913
post Jun 21 2015, 01:05 PM

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QUOTE(Gary @ Jun 21 2015, 11:37 AM)
Thanks bro for the advice. I suspect something amiss. I will discuss with home minister.
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Actually the property is already appreciated min 10% compare to launching price..
The developer will be happily accept your request.
Pls chk whether the downpayment 10% is refundable?!
TBK1123
post Jun 21 2015, 10:49 PM

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All Taikors, yesterday I talked to a friend who is working in construction field. According to him, normally for a 3 level underground car park, it may takes 2-3 months for gorek the tanah (depends on how far the place they put the tanah and manpower), and another 3 months++ to finish the piling and structure. He said if 5 blocks (EkoCheras got 5 blocks right? This is what I told him blink.gif ) works parallelly, then 6 months ++ can complete the 3 level underground car park. If the developer do it separately block-by-block, then will be slow.
He said a normal 18 level apartment, government allow developer to complete it maximum 3 years. But normally developer can complete it within 1.5-2years.
For EkoCheras case, he said it is still possible to complete it within 2.5 years. But MUST be in full force (He emphasize the 'MUST' - maximum machinery and manpower). But is not easy and the schedule is extremely tight.

kenlaw72
post Jun 21 2015, 11:02 PM

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QUOTE(TBK1123 @ Jun 21 2015, 10:49 PM)
All Taikors, yesterday I talked to a friend who is working in construction field. According to him, normally for a 3 level underground car park, it may takes 2-3 months for gorek the tanah (depends on how far the place they put the tanah and manpower), and another 3 months++ to finish the piling and structure. He said if 5 blocks (EkoCheras got 5 blocks right? This is what I told him  blink.gif ) works parallelly, then 6 months ++ can complete the 3 level underground car park. If the developer do it separately block-by-block, then will be slow.
He said a normal 18 level apartment, government allow developer to complete it maximum 3 years. But normally developer can complete it within 1.5-2years.
For EkoCheras case, he said it is still possible to complete it within 2.5 years. But MUST be in full force (He emphasize  the 'MUST' - maximum machinery and manpower). But is not easy and the schedule is extremely tight.
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eko cheras time line completed by 2016???? see chart below..get from magezine....

user posted image
TBK1123
post Jun 21 2015, 11:06 PM

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QUOTE(kenlaw72 @ Jun 21 2015, 11:02 PM)
eko cheras time line completed by 2016???? see chart below..get from magezine....

user posted image
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Huhhhhhh??? I tot is end of year 2017? rclxub.gif
mthc
post Jun 21 2015, 11:08 PM

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QUOTE(kenlaw72 @ Jun 21 2015, 11:02 PM)
eko cheras time line completed by 2016???? see chart below..get from magezine....

user posted image
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Ekocheras 2016!!!???
soon9913
post Jun 21 2015, 11:50 PM

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QUOTE(kenlaw72 @ Jun 21 2015, 11:02 PM)
eko cheras time line completed by 2016???? see chart below..get from magezine....

user posted image
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The gut chart might be wrong as the table stated Q4-17

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