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

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Jagalat
post Jun 18 2014, 07:09 PM

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I signed mid Dec
My SnP copy is with green LHDM stamp stated 31-Dec-13.
For me, my main reason is to ensure the stamp date be done on 2013 as I applied DIBS.
Understand that LO is sufficient to justify DIBS validity but I preferred to get one more step safer via SnP.

Another bonus is a slight earlier date to get pass 5 years.
Perhaps earlier LAD advantage?
smile.gif

This post has been edited by Jagalat: Jun 18 2014, 07:10 PM
Jagalat
post Jun 19 2014, 01:11 PM

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QUOTE(soon9913 @ Jun 18 2014, 10:31 PM)
Bro, maybe u are right as I didn't opt for dibs.
*
Me low floor... better opt for DIBS... sweat.gif

Jagalat
post Jun 20 2014, 11:56 AM

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Last year, Leng Lui told me those bumi units will be released this year oso, but I doubt loh
Jagalat
post Jun 20 2014, 11:58 AM

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Weekend Side track: Just FYI only.
Do you have to charge GST on your rental income?
(I understand we discussed this topic before, in earlier versions)

http://www.starproperty.my/index.php/artic...-rental-income/
Jagalat
post Jun 21 2014, 10:33 PM

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QUOTE(soon9913 @ Jun 20 2014, 02:44 PM)
timeline for release of 30% bumi lots.

details refer to http://homefinder.com.my/market-talk/malay...-plain-unlucky/

Kuala Lumpur
Quota, 30%
Discount, 5%
Title, Decided by Kuala Lumpur City Council (Dewan Bandaraya Kuala Lumpur)

Release
Stage 1
Construction progress at 50% and all non-Bumi units sold.
Advertised (minimum of three advertisements) in Malay and English newspapers, participating in property exhibitions and other promotions.
DBKL will consider release on a staggered basis on a maximum of 30% of remaining unsold units.
Required to re-advertise for remaining unsold units.

Stage 2
Developer may re-apply when the construction reaches 80% .
Re-advertise and participate in DBKL’s Bumiputera Property Exhibition.
DBKL will consider release on a staggered basis.
Re-advertise remaining unsold units and participate in DBKL’s cluster advertisement.

Stage 3
Re-apply upon completion.
Re-advertised.
All remaining unsold Bumi can be released within six months from the issuance of Certificate of Fitness (CF).
Contribution required, equivalent to the Bumiputera discount.
*
Using the above scheme, assuming the construction progress is linearly correlated to 48-months schedule, as spelt in a SnP, which was stamped during Dec-2013
1) stage1 - 50% is late-2015
2) stage2 - 80% is early-2017

The earliest release stage1 is already after gst implementation.
Unlikely to get better price for the released units ....

This post has been edited by Jagalat: Jun 21 2014, 10:47 PM
Jagalat
post Jun 23 2014, 09:43 PM

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Been to the new sales gallery, directly opposite to Wisma Ekovest at Jln Gombak.
The sales charts were taken this afternoon.

user posted image

user posted image

user posted image

This post has been edited by Jagalat: Jun 23 2014, 09:44 PM
Jagalat
post Jun 23 2014, 09:49 PM

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Did not manage to meet any SA during short visit.
Was told by the front desk guy that no more loan reject of duplex 763sf at the moment. Can follow up next time woh.
A few big units still available.
For BlkE, high floor studios still available, per the chart, along with other mid to big size units.
Jagalat
post Jun 23 2014, 11:23 PM

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QUOTE(restful increase @ Jun 23 2014, 09:01 PM)
Today's Star reported for the 1st time in recent time house prices have moderated showing that bnm cooling measures are achieving their intended effects.
*
Noted.
http://www.thestar.com.my/Business/Busines...under-pressure/

“This was corroborated by data that showed 84% of home loan borrowers only had one outstanding housing loan account,” it said in an email response toStarBiz.

From the above sentence, the 84% of borrowers do not have a second outstanding housing loan.
Then why the gov so kancheong of deploying all these cooling measures leh?
Why worry of potential foreclosure or increasing housing debt?
l feel like something does not add up...

This post has been edited by Jagalat: Jun 24 2014, 11:14 AM
Jagalat
post Jun 24 2014, 11:11 AM

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QUOTE(CMW123 @ Jun 23 2014, 10:51 PM)
SOHO fully sold?

Block E. Still have quite a number of units?
*
SOHO fully booked but not all SnP-ed.
The guy sitting at the front desk did not know about the potential number of loan reject. However, he was sure that at the moment there was no reject unit.
To know if there is any future loan reject unit, he suggested me to follow up from time to time.
Leng Lui was out yesterday.
Didn't have a chance to speak to her.


Yep. Blk E still has quite a number of units.

This post has been edited by Jagalat: Jun 24 2014, 11:16 AM
Jagalat
post Jun 25 2014, 10:01 AM

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QUOTE(mybenz @ Jun 25 2014, 02:02 AM)
Wawawa taiko here still talking about ekocheras. Really true fans..
BTW read from propcafe.net fb.. According to them Seems like something is happening around pandan Lake club there and sound like will be their next review project..
Pandan Lake Club compared to ekocheras.. What do you all think? Or maybe totally can't be Compared.. Hahaha
*
The land of Pandan Lake Club is under MPAJ, so it is Selangor address and cukai pintu hike not affected like those in KL. (vs EKC under DBKL)
But nearby houses are LH leh... so is this a LH project too?
How far will it be from MRT 2?
The nearest LRT is some distance to walk leh...
Jagalat
post Jun 25 2014, 10:11 AM

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Oh...found similar questions been posted under this forum..
https://forum.lowyat.net/topic/2842042
(Side track a bit...)



Jagalat
post Jun 25 2014, 10:38 AM

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Back to BlkE, l found there is type E2 located at low floor. One unit is still available as of two days ago. (Other units are bumi units).
Layout not found in brochure.
Is this type having 2r2b like those C or D types?
If this unit has 2r2b, then it will be a selling point.

Jagalat
post Jun 25 2014, 12:51 PM

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It's a "semi D" corner unit, located on a low density floor and a bit "hidden"....can be a "safe house" ....LOL
Jagalat
post Jun 25 2014, 07:23 PM

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QUOTE(restful increase @ Jun 25 2014, 08:17 PM)
Soho is under HDA so will incur gst. Sovo and sofo are not under HDA so will incur gst.
*
Tak faham your message in double posts ...both incur gst?
Jagalat
post Jun 25 2014, 08:51 PM

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QUOTE(CMW123 @ Jun 25 2014, 09:13 PM)
The One South Flexus Duplex SOHO better, they have a door at the lower level as well as the upper level...both levels have a bathroom...SA even boast can close off the staircase n rent out to 2 separate tenants to enhance rental income

For Ekocheras, what will be the floor with upper level be like?
*
Can see and be seen by opposite block... shocking.gif

EKC punya design tak boleh harap sangat lah...

Not that l shoot on my own feet, but there are more and far better design in other projects...Sorry to say that
Jagalat
post Jun 25 2014, 09:06 PM

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QUOTE(CMW123 @ Jun 25 2014, 09:58 PM)
So will the lift stop at the floor with upper level? So yes for what purpose ar?
*
I have no answer...
Need other taikors or bosses input...
Jagalat
post Jun 25 2014, 09:48 PM

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QUOTE(CMW123 @ Jun 25 2014, 10:16 PM)
But upstairs got no door how she enter directly ar?
*
BTW, CMW boss, you already confirmed the upstairs existed and can access thru lifts?

The YouTube video (cant 100% trust la) at 1:54 - 1:56 showed there is some blank space above lifts.

user posted image




This post has been edited by Jagalat: Jun 26 2014, 12:03 AM
Jagalat
post Jun 26 2014, 04:03 PM

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QUOTE(CaptainCool @ Jun 26 2014, 03:53 PM)
hi everybody, how's everyone doing? been away for a while. i like the duplex design so no doubt i would go for the soho's!
*
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

This post has been edited by Jagalat: Jun 26 2014, 04:04 PM
Jagalat
post Jun 26 2014, 05:24 PM

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Yesterday, when l passed by Jln Cheras during day time, l saw the slope next to BlkE being korek-ed. More yellowish edge revealed.
Also, the car dealer building next to BlkE has put up it's logo.. something like Cahaya Bumi if l recalled correctly..
No chance to take pic..

Jagalat
post Jun 26 2014, 06:51 PM

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QUOTE(restful increase @ Jun 26 2014, 07:04 PM)
Good thing the car showroom is quite low n does not block d view of block E.
*
Hopefully they also decorate the rooftop to plant more green stuff..... thumbup.gif

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