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

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neonikson1
post Jul 31 2014, 03:08 PM

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QUOTE(mybenz @ Jul 31 2014, 02:55 PM)
LmaO.... This is Damn funny
....
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Yeah.. This was the actual madness on the launching day. People point their finger(s) on the chart n hold the position for 30mins in order for the SA to went around n record.
neonikson1
post Jul 31 2014, 04:35 PM

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QUOTE(CMW123 @ Jul 31 2014, 03:32 PM)
Bro, 中档购物商场, I thought means not high end luxury like KLCC/Pavillion or low end mass like Kota Raya, hypermarket....
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Agree, mid range is just right for EKC. it is catering for the messes.
neonikson1
post Jul 31 2014, 04:49 PM

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QUOTE(Babizz @ Jul 31 2014, 03:22 PM)
Plus no chance of incinerator within 2km tongue.gif
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thumbup.gif thumbup.gif thumbup.gif
neonikson1
post Jul 31 2014, 04:52 PM

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QUOTE(unconnected @ Jul 31 2014, 04:20 PM)
Depends how high... Maybe partial.. Hehe
But guess that school will be untouched... Holy school ma
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Worst example i can think of is The Elements on Jalan Ampang. During launching people fought for KLCC view, but who knows they can only view KLCC for 3 years. Once Arte Ampang is built it will completely blocked off KLCC, also Arte is much taller than Element. So instead of KLCC view it becomes Arte view. There goes the premium paid. rclxub.gif rclxub.gif rclxub.gif

This post has been edited by neonikson1: Jul 31 2014, 04:53 PM
neonikson1
post Aug 1 2014, 09:00 PM

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QUOTE(soon9913 @ Aug 1 2014, 07:50 PM)
Bro, are u sure or just kidding..?
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Yes it was mentioned.
neonikson1
post Aug 5 2014, 12:43 PM

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QUOTE(kenny1514 @ Aug 5 2014, 11:25 AM)
Hi everyone

I am basically official consultants of EKO CHERAS projects. if you are interested to get another 1 do let me know & if you have any frens or investor would like to buy you can also let me know.

Your sincerely
Kenny Yeo
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So as the official consultant you must have answer to all our questions. smile.gif

This post has been edited by neonikson1: Aug 5 2014, 01:12 PM
neonikson1
post Aug 5 2014, 01:19 PM

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QUOTE(CMW123 @ Aug 5 2014, 11:20 AM)
From the STAR 5 Aug 2014

Motorists in Cheras spend up to five hours on the road

BY YIP YOKE TENG

Bumper to bumper: Motorists along the Cheras-Kajang Highway inching their way into the East- West Link Expressway and Jalan Cheras. — Photo by LOW BOON TAT
Bumper to bumper: Motorists along the Cheras-Kajang Highway inching their way into the East- West Link Expressway and Jalan Cheras. — Photo by LOW BOON TAT
 
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PEOPLE say that traffic congestion in Cheras is a perennial problem.

However, the situation has gone from bad to worse ever since the construction of the Sungai Buloh-Kajang MRT line began in 2012.

The number of lanes has been reduced significantly to make way for the construction, creating traffic bottlenecks in many locations along Jalan Cheras, the Cheras-Kajang (Grand Saga) Highway and East-West Link Expressway.

Motorists can spend up to five hours in the traffic crawl to and from their offices on a daily basis.

Some residents say they even find themselves stuck in a jam at 11pm and on weekends.

A case of overdevelopment

As bad as the situation is currently, it may get worse as massive development projects are in the pipeline to tap the future economic returns of the MRT.

The Kajang Local Plan is also set for its third amendment to convert land use from agricultural to residential, to make way for more houses.

As of now, there are already about 500 housing estates under the Kajang Municipal Council’s (MPKj) jurisdiction; some 200 located along the Cheras-Kajang Highway.

The question on everyone’s mind is: Is Cheras overdeveloped?

Kicker: Jammed at Jalan Cheras near HUKM Leisure Mall even after peak hours where the curve turn reduced to just one lane.. -  M. Azhar Arif/The Star 10 Jul 2014.
The traffic jam along Jalan Cheras after peak hours.
“Cheras traffic jams have left me speechless as they no longer follow peak hours,” said Shelly Leong, who works in Petaling Jaya.

“Sometimes, when I finish work at about 11pm, it is still terribly jammed along Jalan Cheras.

“At some stretches affected by the MRT construction, only one vehicle can pass through even though there seems to be two lanes for traffic.

“Naturally, the traffic increases and the long line of vehicles can seem endless,” she said.

Leong believes the future looks bleak as she is not optimistic that existing roads could support the massive housing development projects in the pipeline.

Many wonder if the expected completion of the MRT in 2017 will really solve the problem as MPKj has confirmed that tens of thousands of more housing units are expected in the south of Kajang. These residents will be using the same roads.

Development drawbacks

Balakong assemblyman Eddie Ng, whose constituency covers most of the housing estates in Cheras, said the Besraya Highway was the only alternative route to several housing estates there but the road was equally congested.

About 90% of residents use the Grand Saga Highway.

He said congestion along the highway had eased slightly after the Federal Government cut the toll rates by half. However, with the ongoing MRT works, the situation took a turn for the worse.

New face: Eddie Ng Tien Chee, 35, is a first-term assemblyman for Balakong. He previously served as a MPKj councillor.
Ng says about 90% or residents use the Grand Saga Highway. — Photos by M. AZHAR ARIF
“This is the consequence of development and it is inevitable, However, I hope MRT can speed up their work, even up to 24 hours if possible, as motorists are really tired of the congestion,” he said.

Ng also expressed reservations about the effectiveness of the MRT in coping with the many development projects in the pipeline.

“I guess you cannot say Cheras is overdeveloped if the infrastructure can support it, which is not the case now.

“The highways are very congested and the MRT does not offer complete connectivity to different parts of the Klang Valley.

“For example, if I need to go to Klang and Ulu Klang from Cheras on the same day, would I drive or take the MRT?”

Ng said a detailed study was needed to solve traffic woes in Cheras.

He conceded that town planning in Cheras in the past was bad but all the new development projects require a Traffic Impact Assessment and have to abide by the land use and plot ratio indicated in the local plan.

Abolish tolls?

Serdang MCA vice-chairman Allan Liew felt it was only fair for the government to abolish toll along the Cheras-Kajang Highway as motorists were forced to go through a crawl daily.

“They are paying to be stuck in the jam. This is not fair,” he said.

Be fair to motorists: Liew thinks the Government should abolish toll along the Cheras-Kajang Highway.
Be fair to motoris ts : Liew thinks the Government should abolish toll along the Cheras-Kajang Highway.
He added that the MRT would not solve every problem as issues such as adequate parking spots and shuttle services, among others, would need to be addressed to make the system work.

MMC-Gamuda KVMRT (PDP) Sdn Bhd project management department’s general manager Adil Putra Ahmad said the company was already accelerating work.

“We are working multiple shifts whenever we can, but we are bound by safety regulations set by the local authorities as well as the Malaysian Highway Authority.

“There will be congestion while work is being carried out but we have tried our best to minimise this,” he said.

The Sungai Buloh-Kajang line is expected to be completed by July 2017, but Adil said work would start to taper off from 2015.

He said the MRT would be able to accommodate the pace and scale of development projects in the area as the facility was planned for the future.
Once completed, the Sungai Buloh-Kajang line would serve a corridor with an estimated population of 1.2 million people. The line is expected to ferry 460,000 passengers a day.
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It's a torture driving on jalan cheras these days. Hopefully all goes well after mrt construction is over.
neonikson1
post Aug 5 2014, 01:22 PM

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QUOTE(unconnected @ Aug 4 2014, 10:07 PM)
tauke.. mungkin due to hari raya.. semua orang balik kampung  whistling.gif
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Yep you are right, still on my vacation.
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?
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I'm happy if can rent out for rm2.5k, just nice to service 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.
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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.
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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?
neonikson1
post Aug 5 2014, 08:59 PM

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QUOTE(HarpArtist @ Aug 5 2014, 07:59 PM)
Haha not rich laa,  just been working hard part time and saving while in Sg. Bro neonikson, I see that you forsee rental is going to be quite hard due to the density right?
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No one can predict what's going to happen. But we can prepare for the worst.
neonikson1
post Aug 6 2014, 12:52 AM

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QUOTE(Babizz @ Aug 5 2014, 09:52 PM)
some tauke say next year thousands of condo's gonna VP, price correction gonna happen
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I agree that should be the case. That's why holding power is the key to survive through the winter.
neonikson1
post Aug 6 2014, 12:53 AM

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QUOTE(unconnected @ Aug 5 2014, 09:53 PM)
kenny1514 boss... when will the price increase?  brows.gif
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Price already went up for blk j n h. smile.gif

This post has been edited by neonikson1: Aug 6 2014, 01:04 AM
neonikson1
post Aug 6 2014, 01:05 AM

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But Kenny boss, when will the price increase again?
neonikson1
post Aug 6 2014, 10:15 AM

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QUOTE(dopeziggy @ Aug 6 2014, 04:35 AM)
Wont be okay. It will jam forever cuz most malaysian rike to drive and pay petrol but complaint high price (Duno why their mindset like that). By 2020, we mau hit 10 million which is 40% more than current population.

Buy near work place the best ideal option.
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Some day, when public transport becomes convenient, with good coverage n connectivity, people will start using it. It's the trend of urbanisation.


neonikson1
post Aug 6 2014, 10:17 AM

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The increase in population should be mainly through import of foreign workers.
neonikson1
post Aug 6 2014, 11:45 AM

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QUOTE(unconnected @ Aug 6 2014, 08:26 AM)
Block E belum naik?
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Blk j was initially 5% cheaper than blk h. Later both j n h increased by 5%. Without dibs we get 7% discount. So that's a total of 17% n 12% increased.

Blk E I'm not sure.
neonikson1
post Aug 6 2014, 12:18 PM

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QUOTE(Babizz @ Aug 6 2014, 10:29 AM)
yeah but some people think public transport only for lower-middle/middle class people. As I've mentioned before, when u are more senior in ur company (manager/senior man) you wouldn't wana take a train to work n be smashed with everyone else. The LRT/KTM n all is pretty packed n not everyone can tahan sitting with another person's backside facing u
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It requires a cultural n change in mind set . Of course the infrastructure has to be ready for the change. Personally I would love to go to work by MRT or LRT. It's more environmentally friendly, help reduce traffic jam, you can also save time n do other things on the train like reading, take a power nap, or just look at pretty girls. smile.gif

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