Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
|
|
 Mar 16 2015, 07:08 PM
Return to original view | Post
#441
|
 
Senior Member
5,949 posts Joined: Oct 2013 
|
For your reading pleasure: From Bernama, reporting for last Saturday
"50% daripada 260 bilik hotel dan 40% daripada 105 unit suite pejabat dijual dalam tempoh sejam selepas dibuka untuk jualan pagi ini" http://www.bernama.com/bernama/v8/bm/bu/ne....php?id=1116979 |
|
|
|
|
|
Mar 18 2015, 07:02 PM
Return to original view | Post
#442
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
For your reading pleasure:
Summary - “In the first hour of our launch, we managed to sell 40% of our [105] office units and 50% of our [260] hotel suites,” said its MD Datuk LKC at the launch on Saturday. - At press time, 80% of the office and hotel suites have been taken up, which will add approximately RM150 million to RM200 million to the group’s unbilled sales. - “We are a conservative company. We are selling the office and hotel suites to reduce our risk.” - “It also gives us more funds to take on other projects and grow the business,” said Lim, when asked why the group opted to sell the office and hotel suites, instead of keeping them for recurring income. - The residential units have been mostly sold out after their launch in December last year(?) with a 90% take-up rate, not including the bumiputera units which can be released once construction passes 50% completion. - The entire EkoCheras development is expected to be completed by November 2017. Deatils here http://www.theedgemarkets.com/my/article/e...es-sell-briskly Chinese version (shorter) http://www.chinapress.com.my/node/606814 |
|
|
Mar 18 2015, 07:03 PM
Return to original view | Post
#443
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
For your reading pleasure:
Wonder why they have it for Jap version about the hotel/office news .... Maybe wanna attract Japs to buy units (> RM 1mil) of the remaining 10% of Service Apartment. http://totalmalaysiafudosan.jp/news/?mode=d&i=79 |
|
|
Mar 19 2015, 07:24 PM
Return to original view | Post
#444
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(mybenz @ Mar 17 2015, 12:50 AM) Not easy to dig three floor down the ground at cheras. There ain't any project in cheras dig deeper than Ekocheras other that maluri mrt station... Agree that there is no "deepest" project/building Need to slow blast.., water, rock, stone,... Maybe jumpa oil and gold leh lol I can't find any similar to bench mark the project speed because so far no other project dig so deep..  If I can recall correctly, the next "deepest" building was Plaza Cheras(behind Leisure Mall), with about 3 basements car parks, but its size was not where near EKC. As I can see from the EKC site is that they put effort in establishing the retaining walls(with pilings) along the perimeters... Any recommendation that buyers can do to demand an explanation from developer? |
|
|
Mar 23 2015, 09:50 AM
Return to original view | Post
#445
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(looktf @ Mar 21 2015, 07:18 PM) Any sifu taiko can advise me as a new hand in property investment on this hotel suite thing? In my opinion, I think a "safe" bet for a new hand in hotel investment is to lease back the unit for GRR.Quoted the post below, net return is about 4%-4.5% https://forum.lowyat.net/topic/3235184/+1654 Mind to share if you are planning for a bare unit or a fully furnished unit? Disclaimer: Just my shallow opinion. Will not responsible for any impact. Me surely not sifu, not even close to be one, still learning. |
|
|
Mar 25 2015, 05:36 PM
Return to original view | Post
#446
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
For your reading pleasure - factors that impact property price
1) Near landfill area - Smell, health 2) Near industrial area - Environment pollution, sound pollution 3) High criminal rate area 4) Neighbor's attitude - Eg unfriendly, dirty, noisy etc 5) Bad history of the house - Eg People died etc http://property.sinchew.com.my/node/2962?tid=6 You may find that last two factors can be related to/contributed by residents |
|
|
|
|
|
Mar 29 2015, 01:23 AM
Return to original view | Post
#447
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
I am not sure if there is any hotel or office buyer going to sign the SPA before GST.
Just in case you do, pls help to check the time for vp. The reason why l ask, is to have a guesstimation about their delivery. (I fully understand there might be difference compared to other blocks) My SPA is spelling 48 calender months from the date of SPA. Thanks. |
|
|
Mar 31 2015, 07:42 PM
Return to original view | Post
#448
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(restful increase @ Mar 31 2015, 04:04 PM) Jagalat-kor, do u think the residential blocks J, H or E will hv at least 20% capital appreciation upon VP or looking at the oversupply of high rise residentials and stringent loan approvals & shaky overall economy will mute the potential capital appreciation of the residential units? Wow, Resful boss, you are asking the most pessimistic guy of this this forum.  JMHO, during VP time, as you have stated the oversupply of high rise residentials etc, I would say appreciation of J,E,H is likely not exceeding 20%. I buy for own use and plan to keep at least for mid term to long term. Other bosses can post their views. I would rather be proven wrong and I will stand corrected... I hope the recent Moody's news do not add moody to the economic situation.  |
|
|
Apr 3 2015, 12:00 PM
Return to original view | Post
#449
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
There were multiple postings regarding the mall back in 15-16 Jul 2014 this ver.
I do not have visibility on the developer nor their "asset management team" about the mall. So if anyone can provide constructive suggestion what buyers can do, place advise. Thanks |
|
|
Apr 3 2015, 06:58 PM
Return to original view | Post
#450
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
They are at the Mapex 2015, booth 1028. Location about the same as last year.
If you have a chance, feel free to pay a visit and place more questions to press them a bit.  |
|
|
Apr 5 2015, 06:16 PM
Return to original view | Post
#451
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
Taken around 5:30pm just now (after rain). No flood seen at the site.
Here is an overall view of BlkJ/office's site.  |
|
|
Apr 5 2015, 06:18 PM
Return to original view | Post
#452
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
Zoom, the lowest point behind the crane.  |
|
|
Apr 5 2015, 06:21 PM
Return to original view | Post
#453
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
Further zoom, do you see the worker in yellow boots?
I let you guess the deepth ...me have no answer... (but l believe it is deeper than the photos taken 3 weeks ago)  |
|
|
|
|
|
Apr 6 2015, 10:56 AM
Return to original view | Post
#454
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(Mrmr @ Apr 5 2015, 08:38 AM) What is ppb? Thx About PPB...http://www.ppbgroup.com/our-businesses/cinema-operations.php http://www.thestar.com.my/Story/?file=%2F2...ness%2F10881956 Just side note... Earlier this year, when I spoke to a SA about my preference of having GSC to EkoMall, she said that she can feedback this info to the team that works on this project(who??). I interpret that EKC buyers can feedback your preference to them so that they can get a better overall input. I do not expect they will review/implement all wishes, but buyers at least have a shot. |
|
|
Apr 7 2015, 06:56 PM
Return to original view | Post
#455
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(nda1219 @ Apr 5 2015, 08:59 AM) Good one as directors also committed personally on this project For those who are interested to read the written details, here is the linkEkovest's unit sells hotel, office suites to directors and their linked companies By Meena Lakshana / theedgemarkets.com | April 1, 2015 : 8:08 PM MYT KUALA LUMPUR (April 1): Ekovest Capital Sdn Bhd (Ekovest Cap), a wholly-owned subsidiary of Ekovest Bhd (Ekovest), has sold hotel and office suites in its EkoCheras development worth RM17.32 million to Ekovest Bhd directors and their linked companies. In a filing to the local bourse today, Ekovest (fundamental: 1.5; valuation: 2.4) said the purchasers are executive director Lim Hoe, her son and fellow director Wong Kai Shang, director Dr Wong Kai Fatt, shareholder Lim Seong Hai Holdings Sdn Bhd and Sabriland Sdn Bhd. Ekovest director Datuk Lim Keng Cheng is a major shareholder of Lim Seong Hai Holdings Sdn Bhd, while Ekovest director Lim Hoe is also a director and major shareholder of Sabriland Sdn Bhd. Lim Hoe is also a sibling to Tan Sri Lim Kang Hoo, who is a major shareholder of Ekovest. “As a property developer, the sale of hotel suites and office suites in the EkoCheras development is in the ordinary course of business of EkoCap. “Further[more], it is also carried out at arm’s length and based on commercial terms not more favourable than those available to the general public and non-related party purchaser,” the filing stated. Ekovest shares closed unchanged at RM1.08, with a market capitalisation of RM923.88 million. http://announcements.bursamalaysia.com/EDM...0&%20Office.pdf |
|
|
Apr 8 2015, 10:24 PM
Return to original view | Post
#456
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
Wow.. ls this UK-based Saville related to the MKH?
|
|
|
Apr 9 2015, 08:32 PM
Return to original view | Post
#457
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
I know not everyone agrees to the following statement but, to me as long as the (BLR-x or BR+spread) stays lower than LAD 8%, l don't mind waiting for a while, as long as the project will vp one day.
|
|
|
Apr 17 2015, 11:32 AM
Return to original view | Post
#458
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(Babizz @ Apr 17 2015, 02:04 AM) Yes good for malls.. See MV, SP, 1u all surround by main road (s) n jam often.. the one secluded away include ss2, encor n Jaya mall.. The piling mentioned in earlier threads are meant for the retaining wall along the perimeter, as you can see from the previous pictures (the piles placed nicely below the fence).Ultimately, i think this ekc might take a very long time to complete (if it does), so i dnt bliv in ekc  article 1 yr ago mention piling work on ekocheras has begun.. How much have we seen since then? |
|
|
Apr 17 2015, 06:18 PM
Return to original view | Post
#459
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
QUOTE(Iam Power @ Apr 17 2015, 09:52 AM) MRT? Drive la... Different people, different preference la. Glad to know you stay at Midah, and express passion and invested in BJ(Aurora Place? Rainz?)  |
|
|
Apr 17 2015, 06:20 PM
Return to original view | Post
#460
|
|
Senior Member
5,949 posts Joined: Oct 2013
|
For those who plans to visit iPorperty fair at KLCC, EKV booth is there.
|
|
Topic ClosedOptions
|
| Change to: |  0.0262sec
 0.41
 7 queries
 GZIP Disabled
Time is now: 10th December 2025 - 08:29 PM |
Quote