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

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CMW123
post May 24 2014, 03:09 PM

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Vivamall after the huha redevelopment, themed as a home furnishing mall, has a hotel n MBO cinema n quite nearby miharja LRT station is probably 50% occupied only n tenants moving out....u can blame it on the ue3 curse but fact is still fact

Cheras sentral mall also has TGV but not showing strong signs of making it after opening...u can blame it on the Phoenix plaza curse but fact is still fact

The big Giant before you city is a fairly quiet Giant

Only leisure mall is doing good and at certain time during weekend, the carpark is full and they block cars from going in

Further down, the Aeon Cheras Selatan is also doing not bad

Can you city mall and ekocheras mall make it with the MRT connection?

If u are going to manage ekocheras mall, what would u do to make it successful?

CMW123
post May 24 2014, 03:23 PM

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The above question strike me when I visited jaya shopping centre today, one month after it's opening, a place with lots of old memory

It was announced before opening that it has 80% tenancy with 30% old tenants n 70% new ones

To my surprise, so many empty lots, the higher floors is like totally empty n no sign on the individual unit wall board indicating the name of the future tenant

Then I heard someone asking a restaurant operator:

Why u open so early, mall still quiet

Management force us to open fast. Told us 50% will open in first month

But now how many % now

Seems like only 30%, the management could have lied to us

Then after leaving and within few hundred meters, I stare at the new Centerstage retail plaza with a big banner saying opening in June 2014

WHAT HAVE U TO SAY??


CMW123
post May 24 2014, 10:56 PM

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MRT 2 will have a separate station at taman segar n then integrate with MRT 1 at Cheras sentral

Wonder where is the site? Taman segar will have 2 MRT station nearby, wow, same selling point like sunway velocity!!
CMW123
post May 26 2014, 11:01 AM

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QUOTE(Jagalat @ May 25 2014, 11:19 PM)
Hi CMW boss, do you have a link that spells better map resolution than the link below.
I would like to see if there is a better chance for better details at Tmn Segar
Thx
http://www.reigroup.com.my/?p=2524
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Bro, i saw the map in the latest version of Property Insight magazine which I did not buy....u can check it out
CMW123
post May 27 2014, 07:44 PM

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QUOTE(Jagalat @ May 26 2014, 02:51 PM)
The press said this Cheras Sentral mall very potential.

http://property.sinchew.com.my/node/2554

I recalled back in the early 90s, when Leisure Mall and Phoenix plaza were opened around the same time (within two weeks apart).
Initially both started well, with Phoenix plaza having more allocated stores.
Eventually, you know la the result.

Personally, I would hope to see Cheras Sentral mall doing well, as this proves Cheras area is still ONG.
Indirectly, it attracts investors to Ekomall.
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The press didn't said very potential but Maryland said...

Normally I no trust flower seller saying that their flower is nice smell
CMW123
post May 27 2014, 08:32 PM

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QUOTE(Jagalat @ May 27 2014, 08:20 PM)
Thanks for the feedback.
I mean to say "This article reported this Cheras Sentral mall very potential"
icon_rolleyes.gif
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Ok ok, big boss and the guardian of this thread, thanks for always keeping it active!
CMW123
post May 27 2014, 10:09 PM

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QUOTE(syong888 @ May 27 2014, 09:29 PM)
Here you go...

user posted image
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Wow, the station at the bottom of hill road going up after Petronas? They will need to widen the roads there. Tmn segar shops will be more ONG flanked by 2 MRT station front and back
CMW123
post May 27 2014, 10:19 PM

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QUOTE(syong888 @ May 27 2014, 09:29 PM)
Here you go...

user posted image
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There will be a future development project integrated with the station... rclxms.gif

Those apartments nearby will have good rental yield when MRT complete...worth to research on subsale. But the HTC will be running just in front at the slope of the forest reserve

Can see the actual site for the prose carpark n food stall


CMW123
post May 27 2014, 10:22 PM

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QUOTE(syong888 @ May 27 2014, 09:40 PM)
I second that due to this reason:

user posted image
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The 2 stations are supposed to be integrated but looks like quite far on the map
CMW123
post May 27 2014, 10:29 PM

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Is Cheras sentral supposed to have some serviced apartments?

Strange that Maryland not cashing out to fund the mall and the silka hotel?
CMW123
post May 27 2014, 10:36 PM

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The MRT track looks like will cut through many developed area, possibly compulsory acquisition need to be carried out, this may upset many people

But looking at the future taman midah station, it is so damn close to that row of shops with maybank at the last corner
CMW123
post May 27 2014, 10:38 PM

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QUOTE(Jagalat @ May 27 2014, 10:31 PM)
Thank you Syong888 boss so much for the clear map. rclxms.gif
Within the 500m radius, the forest may need to be cleared a bit to build the MRT railway and perhaps the station too.
Anyone knows the future development project name?
Another MRT proprerty leh....
rolleyes.gif
Side track..l notice, Cheras Hartamas apartment is LH.
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Understand that land from the foothill all the way upto bukit segar on the hill top are LH
CMW123
post Jun 2 2014, 02:08 PM

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QUOTE(Jagalat @ Jun 2 2014, 10:57 AM)
No problem...
To summarize all the 4 pictures, a map is attached here.
The red dots are places where photos were taken.
Hope this provides a better view of angle.

user posted image
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Bro, u are the best, thank you! rclxms.gif
CMW123
post Jun 2 2014, 04:04 PM

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QUOTE(jasonmatthew @ Jun 2 2014, 03:23 PM)
Just to share my dissapointment with fellow buyers, I got my s&p duplicate copies few days ago via courier service. I didnt go thru it upon received the document. To my surprise when I read it this morning. It got so many mistakes, 1st the sellibg price if the unit was not correct,  2nd the extra carpark that I purchase was not included.  3rd the stamped date was april 2014 (I signed middle of december 2013).
So I called the law firm, got thru only after many calls. Then asked to speak to susana, but she is too busy to answer my call. Askes to leave my contact and wait for her to call back. No call so far.
Called to Ekovest office, they immediately apologised on behalf of BAD law firm they engaged. (His exact words) and told me their manager will call me back. Same, no call thus far.
Some of u are more aggressive and call them to get the s@p sooner. I belonged to the less aggresive group because I see no urgency to get that sooner. But I think they took my patience and trust for granted. Not intend to finger pointing anyone. Just Really dissapointed with the mediocre service and lackadaisical attitudes of both party. I just hope they can work in a more proffesional way to get things done.
Still waiting for their call and will uodate u guys about the progress. Ps. Do read your copy of snp.
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Bro, u didn't check the selling price when signing?

For the extra carpark, would u not prefer to sign a separate S&P as accessory parcel. In that case, it is not attached to the unit and you can transact in future separately without selling your unit
CMW123
post Jun 3 2014, 08:47 PM

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QUOTE(mybenz @ Jun 3 2014, 01:17 PM)
Actually is weird cp lot not in the spa. If any dispute finally it will be based on spa.
Developer might change the layout of cp anytime from now or relocating your cp different as what they put on the wall or the pictures you had taken.

I had never come across spa doesn't come w cp lot location.
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I complain to lawyer and said is it not the carpark plan part of HDA schedule requirement? How can u not comply?

Lawyer said will check with developer n revert but never call back

Maybe need to write in, any taikor can advise?

This post has been edited by CMW123: Jun 3 2014, 08:47 PM
CMW123
post Jun 7 2014, 04:09 PM

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http://www.thestar.com.my/Business/Busines...th-over-RM2bil/

How come the MD is saying that only 60% of the residential portion has been sold?
CMW123
post Jun 10 2014, 02:04 PM

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QUOTE(New Klang @ Jun 10 2014, 01:52 PM)
I am offered to take over by early bird purchaser. I am trying to find out how good this is before committing.

Built in matured area with MRT station, I guess this is positive. Only the quantity of small units is overwhelming me.
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But the MRT station, new shopping mall and Leisure Mall plus the good location and near to KL are natural "absorber" for these high number of small units, trust me, Sir!
CMW123
post Jun 15 2014, 07:59 AM

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QUOTE(syong888 @ Jun 15 2014, 07:04 AM)
Rumour, Ekomall is approved due to following conditions???

1) Air cond covered walkway from Ekomall to MRT station

2) To build U Turn flyover in front of Tmn Billion on MRR

If so, that would be additional catalyst to the project
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The u turn already shown in the video. Now approved?
If developer is paying should have no problem loh

http://m.youtube.com/watch?v=zX5YOhNRNxg
CMW123
post Jun 16 2014, 09:34 PM

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QUOTE(soon9913 @ Jun 16 2014, 06:43 PM)
just viewed a few video from other developers and now i can say Ekocheras video is one of the best..! smile.gif
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Which other developer's video u compare with?

Ekocheras video chose a good background music
CMW123
post Jun 20 2014, 01:48 PM

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There is no way developer will sell the bumi units lower than earlier non bumi price becoz of the time and cost incurred to get release and after the approval of release, there is a need to pay contribution. Without the approval for release, can sell to non bumi but must pay penalty (that is both contribution PLUS penalty)

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