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

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Jagalat
post Aug 5 2014, 01:39 PM

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QUOTE(CMW123 @ Aug 5 2014, 12:20 PM)
:
Motorists in Cheras spend up to five hours on the road

BY YIP YOKE TENG

PEOPLE say that traffic congestion in Cheras is a perennial problem.
:
*
Oh yes, perennial, if I can recall correctly...
Back in mid-70s the Cheras jam was already there, from All St Church to Tmn Pertama roundabout then to Midah/Billion roundabout..

In the early 80s, the jam extended to Connaught and even further.
There came the ramp-road from Tmn Mutiara Barat to Midah. Toll paid but still jam all the way to Midah. Toll abolished.

Then there came East-West Link. Toll paid. Jam all the way to PJ. Toll abolished.
MRR2 built. Traffic not much improved. Jam from Pandan to Midah/Billion roundabout, until today

The jam was getting worse until Kajang.
In 1999, Grand Saga Highway was in operation. You know the story since.
No need to decsribe about the jam at Cheras Sentral.

There is SUKE proposal, but some resident tak suka.

Of all the highways built at Cheras, it did not help in mid-to-long term.
Jam is still there as you have witnessed today.

So, will MRT help? You hve the answer in your mind already.....

This post has been edited by Jagalat: Aug 5 2014, 01:40 PM
Babizz
post Aug 5 2014, 02:06 PM

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they should build massive feeder busses to all MRT/LRT stations.
Jagalat
post Aug 5 2014, 02:14 PM

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From the article, the one that worries me most is the 10k units of Soho and apartments.
What are these projects? EKC?
Pls advise...

user posted image

http://www.thestar.com.my/News/Community/2...rs-on-the-road/

This post has been edited by Jagalat: Aug 5 2014, 02:14 PM
CaptainCool
post Aug 5 2014, 02:32 PM

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QUOTE(Jagalat @ Aug 4 2014, 03:20 PM)
Noted.
Captain boss, are you back or still oversea?
*
Back Liao Lo.....why? U missed me?lol,sound so gay
Jagalat
post Aug 5 2014, 02:47 PM

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QUOTE(CaptainCool @ Aug 5 2014, 03:32 PM)
Back Liao Lo.....why? U missed me?lol,sound so gay
*
LOL ... Curious why not reading your posts only...
Me straight guy! LOL
nijiyaautohaus
post Aug 5 2014, 03:23 PM

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QUOTE(Jagalat @ Aug 3 2014, 04:58 PM)
The rental psf has dropped in general for the past 7 years.
Wondering what will the rental of EKC be by early 2018.

http://property.sinchew.com.my/node/2655

Mont Kiara is having RM2.93psf.
If using the same rental psf for EKC, the rental is

RM2.93×762sf=RM2,232.66.

Of course, one can argue different area or year, different rental  psf
*
Mont Kiara rm 2.93psf without MRT
EKC with MRT plus environment around is chinese foods, chinese school and all its facilities,
easily to get at least rm 1 up, that will bring it to rm 3.93psf

rm 3.93 (762sf) = almost 3K
Jagalat
post Aug 5 2014, 03:48 PM

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QUOTE(nijiyaautohaus @ Aug 5 2014, 04:23 PM)
Mont Kiara rm 2.93psf without MRT
EKC with MRT plus environment around is chinese foods, chinese school and all its facilities,
easily to get at least rm 1 up, that will bring it to rm 3.93psf

rm 3.93 (762sf) = almost 3K
*
It sounds great to me, if we can get rm3.93psf!!
BTW, just curious, do you still keep the BlkJ unit?

nijiyaautohaus
post Aug 5 2014, 03:51 PM

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QUOTE(Jagalat @ Aug 5 2014, 03:48 PM)
It sounds great to me, if we can get rm3.93psf!!
BTW, just curious, do you still keep the BlkJ unit?
*
Nope,just blok H
HarpArtist
post Aug 5 2014, 03:59 PM

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Do you guys think its still worth it to get a unit at the current pricing of around 750psf? Im a fresh grad... just got back from Singapore.
Babizz
post Aug 5 2014, 04:13 PM

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QUOTE(HarpArtist @ Aug 5 2014, 01:59 AM)
Do you guys think its still worth it to get a unit at the current pricing of around 750psf? Im a fresh grad... just got back from Singapore.
*
Rich fresh grad spotted. If u wanna stay there then ok la, if wanna invest then mus compete with all these other taikors
Babizz
post Aug 5 2014, 04:19 PM

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QUOTE(nijiyaautohaus @ Aug 5 2014, 01:23 AM)
Mont Kiara rm 2.93psf without MRT
EKC with MRT plus environment around is chinese foods, chinese school and all its facilities,
easily to get at least rm 1 up, that will bring it to rm 3.93psf

rm 3.93 (762sf) = almost 3K
*
Ermm, this is hard to stomach. Although MK doesn't have chinese food/school, it's still Mont Kiara and people will ALWAYS look up to people staying there even though the condo's there are cheap by todays standards (looking at things like Tropicana Gardens n outskirt condo's).

I think EKC will command the same rental of MK lor.
kenny1514
post Aug 5 2014, 06:18 PM

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QUOTE(neonikson1 @ Aug 5 2014, 12:43 PM)
So as the official consultant you must have answer to all our questions. smile.gif
*
should be ok Neonikson lolz
neonikson1
post Aug 5 2014, 06:35 PM

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QUOTE(Jagalat @ Aug 5 2014, 03:48 PM)
It sounds great to me, if we can get rm3.93psf!!
BTW, just curious, do you still keep the BlkJ unit?
*
I'm happy if can rent out for rm2.5k, just nice to service the loan.
soon9913
post Aug 5 2014, 06:37 PM

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QUOTE(neonikson1 @ Aug 5 2014, 06:35 PM)
I'm happy if can rent out for rm2.5k,  just nice to service the loan.
*
im happy to rent at rm3.2k, just nice to serve the loan.
neonikson1
post Aug 5 2014, 06:38 PM

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QUOTE(HarpArtist @ Aug 5 2014, 03:59 PM)
Do you guys think its still worth it to get a unit at the current pricing of around 750psf? Im a fresh grad... just got back from Singapore.
*
Emm... Fresh grad... For own stay is OK. For investment, in order to have a successful investment you need to have holding power. Can you service the loan payment for 2 years if the unit is not rented out?
neonikson1
post Aug 5 2014, 06:40 PM

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QUOTE(soon9913 @ Aug 5 2014, 06:37 PM)
im happy to rent at rm3.2k, just nice to serve the loan.
*
Ah soon kor is you unit 762sf duplex soho?
neonikson1
post Aug 5 2014, 06:41 PM

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QUOTE(kenny1514 @ Aug 5 2014, 06:18 PM)
should be ok Neonikson lolz
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So what's the latest on the ekomall?
soon9913
post Aug 5 2014, 07:04 PM

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QUOTE(neonikson1 @ Aug 5 2014, 06:40 PM)
Ah soon kor is you unit 762sf duplex soho?
*
mine is bigger unit.
starex80
post Aug 5 2014, 07:30 PM

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QUOTE(Jagalat @ Aug 5 2014, 01:39 PM)
Oh yes, perennial, if I can recall correctly...
Back in mid-70s the Cheras jam was already there, from All St Church to Tmn Pertama roundabout then to Midah/Billion roundabout..

In the early 80s, the jam extended to Connaught and even further.
There came the ramp-road from Tmn Mutiara Barat to Midah. Toll paid but still jam all the way to Midah. Toll abolished.

Then there came East-West Link. Toll paid. Jam all the way to PJ. Toll abolished. 
MRR2 built. Traffic not much improved. Jam from Pandan to Midah/Billion roundabout, until today 

The jam was getting worse until Kajang.
In 1999, Grand Saga Highway was in operation. You know the story since.
No need to decsribe about the jam at Cheras Sentral.

There is SUKE proposal, but some resident tak suka.

Of all the highways built at Cheras, it did not help in mid-to-long term.
Jam is still there as you have witnessed today.

So, will MRT help? You hve the answer in your mind already.....
*
KL and PJ is commercial business centre and the federal road is spacious then jln loke yew.
yet there are lrt connected from ldp to federal and to klcc.

if you stay in cheras and the working opportunity is there and yet the public transport not fully covered, you will definitely need buy a car and drive along the way, that where the jam come from.

MRT is definitely can help to ease up the way to kl, but not the way to PJ so far.
Jagalat
post Aug 5 2014, 07:42 PM

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QUOTE(starex80 @ Aug 5 2014, 08:30 PM)
KL and PJ is commercial business centre and the federal road is spacious then jln loke yew.
yet there are lrt connected from ldp to federal and to klcc.

if you stay in cheras and the working opportunity is there and yet the public transport not fully covered, you will definitely need buy a car and drive along the way, that where the jam come from.

MRT is definitely can help to ease up the way to kl, but not the way to PJ so far.
*
In your opinion, MRT will help to ease up the way to KL, for how long?
Less than 5 years? Less than 10 years? Or forever?



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