Hello Micfock boss, Welcome to the EKC family.
You may flip back a number of pages to view the BlkE chart.
The price tag is the same as day one.
The early BlkE buyers have only 7% rebate if omit Dibs.

My prediction is yes.

Thanks. Mine is 821sqf, RM602k.

Wow

Plan for live there or for rental income/capital investment?

Still many unit left? I plan for own stay.

cheaper than mine

Your unit is also at BlkE?

BlkJ and Office tower. More cranes in action.



This post has been edited by Jagalat: Aug 18 2014, 09:14 AM

A zoom of BlkJ site. You may see a crane located at lower level than the "ground".

I wonder why they dig earlier this year then fill soil and now re-dig....

Any boss has answer to my "re-dig-curious" question?

The remaining BlkJ, BlkL and BlkM site. There is also a crane parked at lower level than the "ground".

Meanwhile, no much difference at BlkH and BlkE sites compared to two weeks ago.....No picture taken

Guess they need to strengthen the soil... Since block J and H is the tallest among all...

Yes block E. thanks for the photos

I also took some photos few months back. but not lately. hopefully we can have monthly progress photos over here. thanks

Tauke-tauke sekalian

Do we need to pay gst on housing loan? Or during the development, will we be charge on gst?

If you are on the MRR2 from Taman Billion to Connaught, there is a high place right beside the MRR2, having some construction work. The land is being cleared. Guess this is the Uturn flyover.

From far


Zoom

I saw some earthwork excavation this morning. but not sure whether is ekovest U-Turn or new development.

Hope there is an exit can lead to SMK Mutiara...and that will finally bring us back to EKC.

Residential project is exempted from gst. Commercial project need to pay

Thanks bro. Let discuss the composition of Block E and put Block J and H aside first since no statistics available.

For tenancy demand based on total number of units:

Studio = 10%
1 room = 54%
2 rooms = 36%

Cheras, being a chinese market, guess the statement from the Star article is even more valid: "The point is, with an average monthly rental of RM3,000, a young Malaysian may as well buy his/her own unit. Which means, the owner of a one-bedder will be seeking a foreigner to rent the place."

Therefore, for the 2 rooms unit, there will be higher demand for families to buy rather than rent[U] or few singles share and rent 1 unit together. Have u met many Cheras chinese willing to pay more than RM3k to rent a 2 rooms condo?

For the studio and 1 room, only viable for single, couple or at most 3 pax. Guess rental that they will be willing to pay should be in the region of RM1,500 to RM2,500...With that, the rental rate should be in the region of RM3.00 psf...RM1,800 for the 596 sf studio and RM2,450 for the 821 sf 1 room unit.

For single or couple who only need 1 room to rent, the studio will have an advantage becoz of the 36% (650/1800) lower rental and also only comprise 10% of total units, very little supply.

For the SOHO blocks, i foresee for those renting to use as office, there will be more takers for lower floors as high or low floors may not have much difference for office users but rental will be lower for them. My gut feel is that the percentage of office tenants for the SOHO can be quite high for EKC.

If u have been to Cheras Business Centre, u will see that the occupancy for the ground floor shop and the offices is very high. During office hours, there is no chance of getting a car park. U can check the rental there below:

http://www.iproperty.com.my/property/searc...rmp=100&sby=apz

There would be some upgraders from Cheras Business Centre who may move over to EKC and I believed that they are willing to pay Rm3.00 psf for the SOHO, especially if EKC have more carparks available

bro, SOHO is it considered residential or to be confirmed?....