Below are the questions collected so far (I may miss some).
Feel free to add/edit/answer and refer to it tomorrow.


(A) Hotel Overall
(1)How many stars is expected on this hotel?
(2)Strata title for each unit?
(3)Full furnished? Fully Furnished
(4)Any available water point to do a small pantry in the unit?
(5)What is the price(psf) increased per floor?


(B) GRR package
(1) GRR or not?
(2) If GRR, what is the %?
(3) GRR for how many years?
(4) What is the ROI of 1st year, 2nd year, 3rd year until expiry?
(5) How much is the maintenance fee?
(6) Who pays maintenance fee?
(7) What is the renew package after GRR expired?


© Hotel operator
(1) Who is the operator?
(2) What is the Hotel Operator's paid up capital amount? (just to know its background)
(3) Hotel Operator MoU signed?
(4) Who to pay furniture replacement? Owner?
(5) In case of the Hotel Operator who responsible for GRR ceased to operate, what would be the issue to buyers?


(D) Expenses
(1) When is the next draw down?
(2) What is the GST calculation along the construction period?


(E) SPA
(1) Are all of the above details spelt in SPA?
(2) Else, which one is not spelt?
(3) Free SPA legal fee, etc?
(4) Free loan legal fee, etc?


I have yet decided to attend(still 15/16).
If any daikor/boss can reply with answers tomorrow, the picture will get a whole lot clearer.
Thanks up front.

Hotel and Office launch news in Nanyang

综合发展拥各类产业 亿国城自成一市
热盘亮点 产业周刊 2015-03-13 12:56

http://www.nanyang.com/node/686894?tid=686

Try to digest this section related to hotel and office, it seems that
1) Office - 21 floors. Each floor has 5 units, ranging from 1100 sft to 2700 sft.
2) Hotel - 260 units ranging from 250 sft to 413 sft. Buyers can opt for bare for furnished.
If buyers do not stay, they can choose to lease the unit back to them
In addition, a range of hotel services such as housekeeping etc, is offered.
But need to pay.
Facilities, eg fitness room, multi-purpose area, conference room, swimming pool is also provided

酒店套房适合年轻人

林景清指出，这栋办公楼共有21层楼高，每层共有5个单位，建筑面积从1100平方尺至2700平方尺；除个别单位，也可整层或多层出售。

他说，酒店套房，也仅有1栋，共260个单位；面积从250平方尺至413平方尺，客户可选择附赠家具或无家具。

“买家若不想自住，也可选择将单位回租给我们。”

他指出，酒店套房以小单位设计，是想让刚踏入社会的年轻一群，购买到属于自己的房屋。

“此外，它提供一系列酒店服务，如家务管理等，需付费。
设施方面，计有健身室、多用途空间、会议室、泳池等。”

This post has been edited by Jagalat: Mar 13 2015, 06:21 PM

For your reading pleasure:

Ekovest to uphold the sustainable development of each project

One example: When they develop the EKC, they visualize what the EKC mall will be in 20 years or 50 years....

http://www.chinapress.com.my/node/605710

JMHO: It is a marketing plan/strategy, since tomorrow is the launching date of hotel and office blocks.
Anyone employee from top to bottom will do what he/she needs to do in promoting EKC. Nothing wrong in that.

As a matter of fact, many of my questions to developer since day one, were not answered.
I rely on the daikors/bosses of the forum to provide feedback/answer (especially those who can diplomatically liase with developer).

All the best to new/return buyers tomorrow.
Have a great one!!

Late to the gallery...arrived 12pm...Missed the moment when people do booking ...Any finger fighter?
I saw them using excel file to display on large monitors.

The sales chart display as of 12:15pm..
Still have some available units...

Red = Booked
Yellow = Availalbe



This post has been edited by Jagalat: Mar 14 2015, 05:26 PM

Resolution a bit low..

SA told they operate the hotel.
She said they target for 4star...(target only... don't know what they finally get)
Each floor price increased by ~1k.

Last time this area was speculated to be 2nd milk village...
Now quality stocks cannon room..

This post has been edited by Jagalat: Mar 14 2015, 05:31 PM

I did not make any booking today.

SA told that if buyers sign SPA before 1-Apr, buyers can skip GST for this first round/down payment.
However, subsequent phases/draw down, GST will be required.

Any daikor/boss make your booking today?
Mind to share??

Hmm...can try jewelry business too, since there are kind investors....can sell info to PI ti get addition bonus

Anyone can confirm if the hotel swimming pool is located at the side as shown below, or at the back as posted in earlier posts?

Photo taken 3 hrs ago.. Managed to snake in to the site from the back(near convent)
Noticed the retained wall structure with the piles.
Noticed also the is a ladder (big zoom) to one of the middle house, as worker's hostel.

Compare the level of the retaining wall vs the liwest crane in the middle. The crane is about one floor lower than the wall. This is one of the the lowest points of the site. (Resolution too low to reflect the the actual contour difference)

Congraz!

Mybenz boss, mind to share if you have booked any hotel/office unit lately?

The bare-unit package that will not be "taken care" by operator and no car park is my two main concerns.
JMHO, the best scenario to me is all buyers go for the fully furnished package and lease back.
But not sure if the ROI is attractive to buyers

Other daikors/bosses pls don't take me wrong, I hope the hotel units all sold out and buyers opt for fully furnished packages.
This indicates again EKC is really ONG!!!

LOL...What if my original intention was to purchase a bare unit and a car park unit. Let's leave it to the creative imagination of investing a bare unit and a car park.
(Nop, no cannon, no weapon)

So boss, have you booked?

I look at the bright side, if the next 20% payment are to be paid this year, it showed at least some progress achieved.
Looking forward to receiving letters asking for next two billings.



This post has been edited by Jagalat: Mar 16 2015, 07:08 PM