Rich fresh grad spotted. If u wanna stay there then ok la, if wanna invest then mus compete with all these other taikors

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?

I have yet decided...
I am still collecting info....Hope someone can reveal more...
Understand SA also does not reveal..Always say come this Saturday

With all this limited info, I choose to take a step back and ask some simple questions..
Why does Ekovest sell the hotel to public?
If hotel business return is a good, they could have keep it (just like they own the mall), right?

Nonetheless, if they launch it now, at least they launch it earlier than the nearby MRT projects like Cheras Center Point Residence and The Atria (final phase of Youcity)

Any further opinion from daikors/bosses out there?
Feel free to share!

Bro, u are the best!

To me, the most important question is who is the operator. If it is an international chain hotel with good track record, then the future is more secured. A hotel performance is very much depend on the management. Also most international hotel chain will insist to sign at least 10 years or more management contract as they want to maximise the return for their effort invested, so the buyer of the GRR will be assured of a long term return stream. If the hotel is doing strong, after the GRR period, there will be parties who may wish to purchase at market price and buyer can realise the capital appreciation

lol..  i think if 1 room fr ownstay 1 room fr hotel will be so hard to split the facilities/maintenance costs etc.. i think hotel here cn easily hit ABOVE average occupancy rates due to mall n MRT, no need ownstay..3/4 star hotel here will be gd..

The mall is also dangerous cos without gd management team, they will struggle to attract gd tenants.. btr hire gd hotelier n mall manager b4 its too late   

I was there this morning around 11am and I found difficult to make decision due to unknown operator and uncertain rental after 5 years.
Another thing is the hotel room does not come with car park, u need to rent a parking if u buy a bare unit for own stay.
With the reasons n uncertainties mentioned above, I have no choice but walk away and wait for next opportunity.

For those who are concerned about the progress...

Interesting...

http://www.malaysiandigest.com/frontpage/2...medium=facebook

3 choices for EKO mall.
find mall expert to jv.
sell out whole mall to company macam capitamall.
or sell out unit by unit macam one siao.

Boss, directors buying projects doesnt guarantee tht it will be completed. Btw, perda mall is in prai.. now foursquare say reli jialat.

Prefer Eko cheras doesn't has a mall, this mall no matter how sure bring down the value of Eko cheras. ..
ask yourself, if you are not staying in Eko cheras,  which mall you will go ? Sunway + ikea or Eko ??

Same as  pavilion klcc vs sg wang...

my view is that it will be easier to rent ur unit with a mall and also with the mrt. rm2,300 rental shud b mrk rate.

Was reading a report that mention property within walking distance to lrt station enjoy 20% higher rental.

The missed point is the price which i believe most already factor in the MRT price. Just for example Sqwhere and Saville Cheras which located at middle of nowhere... The price is significantly higher and i believe easily >20% higher than the property beyond the vicinity of the MRT stations.

Die lo if the really sell mall units.
They should hold and manage the tenant mix.