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

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soon9913
post Aug 8 2014, 11:26 PM

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QUOTE(CMW123 @ Aug 8 2014, 10:24 PM)
Haha...I was just speculating

Trinity built the 1st air con bus station in malaysia at the Zest n earn lots of marketing points for their projects

Maybe ekovest will follow, more so the link bridge bring crowd to their mall, more traffic, they can increase the mall rental rate
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Hmmm. Aircond bus station. Quite interesting...
Jagalat
post Aug 9 2014, 12:14 AM

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QUOTE(unconnected @ Aug 8 2014, 10:30 PM)
TGV at cheras sentral
GSC at leisure mall
MBO at viva mall

Ekomall would be BIG CINEMAS LOTUS FIVE STARS  whistling.gif  whistling.gif  whistling.gif

how about supermarket?

1) cold storage
2) big ben (not sure the proper name)
3) valuemax
4) TLC
5) kedai runcit ah beng & ah lian
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Confirm BCLFS? Source reliable?
Why Cathay or PremierX not in the list?
http://www.cinema.com.my/cinemas/cinbrand.aspx?cid=28


neonikson1
post Aug 9 2014, 10:12 AM

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QUOTE(CMW123 @ Aug 8 2014, 08:56 PM)
The link bridge is supposed to be air conditioned
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Wow... Very rare to have an air conditioned link bridge. That's another selling point.

I wonder What about the link bridges of other mrt property.
neonikson1
post Aug 9 2014, 10:21 AM

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QUOTE(CMW123 @ Aug 8 2014, 10:24 PM)
Haha...I was just speculating

Trinity built the 1st air con bus station in malaysia at the Zest n earn lots of marketing points for their projects

Maybe ekovest will follow, more so the link bridge bring crowd to their mall, more traffic, they can increase the mall rental rate
*
Haha... You are a good speculator, we all thought that was real!

This post has been edited by neonikson1: Aug 9 2014, 10:27 AM
neonikson1
post Aug 9 2014, 01:27 PM

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http://www.iproperty.com.my/news/9035/inte...letter_issue111
Jagalat
post Aug 9 2014, 02:33 PM

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QUOTE(neonikson1 @ Aug 9 2014, 02:27 PM)
Travel vehicle demand grew from 13 million trips a day in 1991 to 40 million in 2010. It is projected that this trend will continue and is expected to reach a staggering 133 million in 2030 (Source: www.spad.gov.my).

Wow... Numbers are a bit challenging..
1991 - 13 mil tpd (trips per day)
2010 - 40 mil tpd ie 3x 1991
2030 - 133 mil tpd ie 10x 1991

xyyap
post Aug 9 2014, 03:36 PM

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Good project

But u guys are too optimistic...

Looks like many flippers here.

Jagalat
post Aug 9 2014, 03:52 PM

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QUOTE(xyyap @ Aug 9 2014, 04:36 PM)
Good project

But u guys are too optimistic...

Looks like many flippers here.
*
Cyberjaya boss, mind to share will you flip EKC?
neonikson1
post Aug 9 2014, 06:03 PM

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QUOTE(xyyap @ Aug 9 2014, 03:36 PM)
Good project

But u guys are too optimistic...

Looks like many flippers here.
*
Real estate investment is going to face big challenges, knowing the government will continue to implement cooling measures until they think that the market is finally cooled off.
unconnected
post Aug 9 2014, 06:46 PM

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QUOTE(Jagalat @ Aug 9 2014, 01:14 AM)
Confirm BCLFS? Source reliable?
Why Cathay or PremierX not in the list?
http://www.cinema.com.my/cinemas/cinbrand.aspx?cid=28
*
not confirm.. speculating only sweat.gif sweat.gif
soon9913
post Aug 9 2014, 06:51 PM

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QUOTE(neonikson1 @ Aug 9 2014, 06:03 PM)
Real estate investment is going to face big challenges, knowing the government will continue to implement cooling measures until they think that the market is finally cooled off.
*
Implement cool measurements now is good for us as well. Let the market slow down a while n digest the supply. It will become hotcake upon VP later. smile.gif
soon9913
post Aug 9 2014, 06:56 PM

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QUOTE(xyyap @ Aug 9 2014, 03:36 PM)
Good project

But u guys are too optimistic...

Looks like many flippers here.
*
Sometimes it is difficult to judge whether flippers or investors. Flippers may become investors if the market slow down.
Im not worries As long as this is prime location n the property can rent out easily.
Of course I wish the rental can cover 100% of my instalment. But I'm happy if the rental is abłe to cover 70%-80% of my instalment during financial crisis.


xyyap
post Aug 9 2014, 07:40 PM

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QUOTE(Jagalat @ Aug 9 2014, 03:52 PM)
Cyberjaya boss,  mind to share will you flip EKC?
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Ask neonikson1, he is director & true boss.

Anyway, u guys target rental rate too high, given the fact there are so many units.

For 500k+ investment, our target rental only RM 1800 to RM 2200

CMW123
post Aug 9 2014, 10:23 PM

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QUOTE(neonikson1 @ Aug 9 2014, 06:03 PM)
Real estate investment is going to face big challenges, knowing the government will continue to implement cooling measures until they think that the market is finally cooled off.
*
But inflation is taking place every where before GST is introduced, seems like businesses are already factoring the cost increase from GST n up their price in advance

So while Gomen try to cool property prices, property is still among the best inflation hedge

Susahnya!
CMW123
post Aug 9 2014, 10:39 PM

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What are the statistics for EKC?

Total Soho units =

Total one room 762 sf Soho units =

Total Soho units with 2 rooms n above =



Total SA units =

Total 596 sf studio =

Total one room 821 sf unit =

Total SA with 2 rooms n above =
Jagalat
post Aug 9 2014, 10:53 PM

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QUOTE(xyyap @ Aug 9 2014, 08:40 PM)
Ask neonikson1, he is director & true boss.

Anyway, u guys target rental rate too high, given the fact there are so many units.

For 500k+ investment, our target rental only RM 1800 to RM 2200
*
Curious how you would conclude rental rate too high.... can quote an example?

Using your case:
RM500k 90% BLR-2.4 (or -2.45 if lucky) for 35 years , the monthly repayment is RM 2.1k.
Lowest target rental = RM1800/RM2100= 85%
Still inline with Soon boss expectation ...
(Of course sendiri bayar maintenance fee and sinking fund)

This post has been edited by Jagalat: Aug 9 2014, 10:54 PM
Micfock
post Aug 10 2014, 12:15 AM

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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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I am interesting. Please PM me.
xyyap
post Aug 10 2014, 11:51 AM

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QUOTE(nijiyaautohaus @ Aug 5 2014, 03:23 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
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Almost impossible.

CloudAtla$
post Aug 10 2014, 12:02 PM

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QUOTE(xyyap @ Aug 10 2014, 11:51 AM)
Almost impossible.
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Sometime,its good to dream. And since there no cost involved, might as well dream big.
ManutdGiggs
post Aug 10 2014, 12:06 PM

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Dun go too far in dream. One day hav to b back to the reality too.

It's gd to stay realistic. laugh.gif

I know my future tenant 'll build me a high tech Msc status A grade ofis on my orchard land.

Oopsi, did I just say it too loud. flex.gif

Jk Jk

This post has been edited by ManutdGiggs: Aug 10 2014, 12:06 PM

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