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

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HarpArtist
post Jul 11 2015, 10:35 AM

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QUOTE(restful increase @ Jul 11 2015, 02:33 AM)
got commemts fr any taikor on how ekocheras project stake up against you city at tmn suntex? which is a better project?
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The bigger the risk the larger the gain. I would say I feel investing in ekc is really big risk. Small ppm like me cannot risk. One abandoned project I have to suicide for insurance Liao. But as boss babiz say up thr, nicer location than ucity. But ucity big cashrich company with atria mall, see how they do la.
soon9913
post Jul 12 2015, 03:14 PM

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QUOTE(HarpArtist @ Jul 11 2015, 10:35 AM)
The bigger the risk the larger the gain. I would say I feel investing in ekc is really big risk. Small ppm like me cannot risk. One abandoned project I have to suicide for insurance Liao. But as boss babiz say up thr, nicer location than ucity. But ucity big cashrich company with atria mall, see how they do la.
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In fact you can consider sell it with 10% gain if u are worries.
There should be buyers interested.
But name may not transferable until the project
Is completed. May need to seek for legal advice..
cyberkid
post Jul 12 2015, 04:45 PM

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how much is the price of this project?
who shall i contact if interested?
Thanks.
restful increase
post Jul 13 2015, 01:50 AM

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QUOTE(cyberkid @ Jul 12 2015, 04:45 PM)
how much is the price of this project?
who shall i contact if interested?
Thanks.
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u wanna buy fr developer or flipper?
cyberkid
post Jul 13 2015, 09:34 AM

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whoever than can give lowest price.
u selling?
restful increase
post Jul 13 2015, 12:09 PM

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if flipper sell now need legal docs. the flipper needs to pay interest during construction if not under dibs. price if sale has to be determined upfront and the actual can only take place after VP.
restful increase
post Jul 13 2015, 09:46 PM

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initially thought of flipping but an agent advised against it as the value of ekocheras has not truly materialised without the adjoining mrt. agent's advice is still to wait till vp b4 flipping.
ekorjiulai
post Jul 14 2015, 06:02 AM

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QUOTE(restful increase @ Jul 13 2015, 02:46 PM)
initially thought of flipping but an agent advised against it as the value of ekocheras has not truly materialised without the adjoining mrt. agent's advice is still to wait till vp b4 flipping.
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I think it's worthwhile to consider going for the long game too. I visited Sunway Velocity and apparently their V Residence Suites are selling for RM1,200 psf (currently 50% sold).

On this basis, I'm fairly confident that EkoCheras value will appreciate or at least hold quite well to any external shocks in the market. If you have the holding power, you might as well hold on to it. Selling now will likely incur capital gains tax as well. My only concern is the delivery. If Ekovest can deliver the product as advertised in its videos etc., we should be in the money.

Just my two cents. Good luck!

This post has been edited by ekorjiulai: Jul 14 2015, 06:05 AM
CMW123
post Jul 14 2015, 09:08 AM

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Called developer and was told piling has been completed and next billing will be around next month...

Can believed or not?

Any purchaser would like to call them also?
Alvelyn
post Jul 14 2015, 09:23 AM

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QUOTE(cyberkid @ Jul 13 2015, 09:34 AM)
whoever than can give lowest price.
u selling?
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Block J, High Floor, RM 880 psf

Seller bear interest & risk during construction, contract lawyer fee

Buyer pay 10% deposit to lawyer. Transfer upon VP

prozac88
post Jul 14 2015, 03:32 PM

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Can we form a facebook group for all eko cheras buyers to discuss there?
gks
post Jul 14 2015, 03:48 PM

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QUOTE(Alvelyn @ Jul 14 2015, 09:23 AM)
Block J, High Floor, RM 880 psf

Seller bear interest & risk during construction, contract lawyer fee

Buyer pay 10% deposit to lawyer. Transfer upon VP
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What if the project abandoned or seller brankrupt before the SPA is executed?
unknowndevices
post Jul 14 2015, 03:51 PM

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QUOTE(Jagalat @ Jul 5 2015, 10:22 PM)
BlkH site taken today...
user posted image
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QUOTE(Jagalat @ Jul 5 2015, 10:25 PM)
BlkJ site, see if there are more pile caps/cement structures progress at the right side compared to  last week...

user posted image
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Thanks Jagalat. thumbup.gif

QUOTE(prozac88 @ Jul 14 2015, 03:32 PM)
Can we form a facebook group for all eko cheras buyers to discuss there?
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thumbup.gif thumbup.gif thumbup.gif
Jagalat
post Jul 14 2015, 03:55 PM

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QUOTE(prozac88 @ Jul 14 2015, 04:32 PM)
Can we form a facebook group for all eko cheras buyers to discuss there?
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There has been one for buyers
Pls PM syong888 boss (not me) your email.



https://forum.lowyat.net/topic/3021334/+1864

This post has been edited by Jagalat: Jul 14 2015, 04:03 PM
Jagalat
post Jul 14 2015, 04:00 PM

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QUOTE(accetera @ Jun 7 2015, 04:46 PM)
110 pages first.
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Arriving to page 110....
restful increase
post Jul 14 2015, 04:20 PM

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QUOTE(prozac88 @ Jul 14 2015, 03:32 PM)
Can we form a facebook group for all eko cheras buyers to discuss there?
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can discuss in this low yat ma..
restful increase
post Jul 14 2015, 04:23 PM

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QUOTE(gks @ Jul 14 2015, 03:48 PM)
What if the project abandoned or seller brankrupt before the SPA is executed?
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you can state the terms in the s&p like the buyer takes back his 10% deposit if seller bankcrupt or project abandoned.
gks
post Jul 14 2015, 04:42 PM

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QUOTE(restful increase @ Jul 14 2015, 04:23 PM)
you can state the terms in the s&p like the buyer takes back his 10% deposit if seller bankcrupt or project abandoned.
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The problem is how it is defined as abandoned?

And second how would you know the seller is brankrupt during the next 3-4years?

And third if the deposit is paid to the seller, the seller may not even refund the deposit. Unless it is parked with stakeholder until the completion of SPA which i believe the seller is not keen.

The buyer need to be aware of many risks buying under OTP under construction period. Unless seller could guarantee direct transfer from developer.
TSaccetera
post Jul 14 2015, 06:34 PM

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Thread 4 continues here >>> https://forum.lowyat.net/topic/3648832

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