Surely, this will be the centre of gravity in Cheras.

Commercial components, concept, facade, mrt, scale of project. Most importantly, location..fronting the busy jln cheras with matured residential old money at cheras which cannot go wrong unless developer screw up the execution.

This post has been edited by MrHunter: Jul 15 2014, 05:45 PM

Those bought it 3/4yrs ago i think still have rooms to adjust when come to sell in secondary market as the entry price was relative low. But those simply bbb last 1.5 yrs, i am not sure they have rooms to breath in few yrs time as prices and rental nowdays are crawling and hard to move up. Only those "right stocks" ll do well in future. Now watever properties also performing ok lol. No one has the crystal ball, lets see in few years time, which projs will be the star and which are not.

This post has been edited by MrHunter: Jul 20 2014, 11:07 PM

Bumi units still have plenty to choose. Non bumi i think the units left already more than rm750psf.

Eko Cheras has all the ingredient to be successful. Now it is all depend on Ekovest's execution. Heard Mall and Hotel's DO approved recently. But i still doubt it could complete within 4 yrs based on the structure and works required for Ekc. Of course investors may want it to be late to have LAD to subsidise the reno. Lol. But some may concern developer ll cut short certain area to deliver it an uncompleted properties like many owners facing nowadays.

Where is the basement carpark? Not even a small little hole there.

This is definitely the best location of mixed development that launched over last couple of years in Cheras. If you can tell any other dev better than this mixed development in Cheras in term of overall USP on location and concept then i salute!

This post has been edited by MrHunter: Oct 12 2014, 03:35 PM

Very slow. Dont think they can make it on time. LAD is expected.

It is more on their funding. The planning of cashflow for project. They have many projects now. If they are selling its hotel block means they dont have to fork out money to fund the project. With GRR if it works according to plan, they can still make money out of it as recurring income even need to pass you x % amount as GRR. Sunway, Mommoth Empire, Mayland etc also did it. It is more on funding and business strategy and nothing hanky panky.

Yes or No. All answers need to be stipulated clearly in SPA.

On top of the list above, question below need to be answered too.
Strata title for each unit? Some hotels they dont issue strata title.
How many years of GRR?
If the subsidiary company who responsible for GRR ceased to operate, what would be the issue to buyers under the scheme? Especially they pay higher price and furniture cost than the rest for the lock in on GRR for x years.
Water point available to do a small pantry in the unit?
How many stars is expected on this hotel. Stipulated in SPA?
Hotel Operator MoU signed?
Many many more to clarify. More complicated than buying any other properties as many uncertainty involves.

Likely stickers all there before the door opened. As usual, contractors to take up units then associates ll help..then u see many directors' stickers. Also priority customers who probably sapu floors.

This post has been edited by MrHunter: Mar 13 2015, 11:07 PM

Still flat land after so long. Many levels of carpark to dig.

Only Msian love to stay near to Ikea. Lol

Cheras being a matured area...scarce in large land especial prime location for new integrated mixed development. This EKC is the best location and best product mixed so far in Cheras. Not to say it comes mrt to support it. Facing main road and high traffic in fact is ekc success factors not another way round.

This post has been edited by MrHunter: Apr 17 2015, 12:45 AM

Ekc has all its competitive edge for location, centre of cheras, public transportation etc. The key now is the quality of mall tenancy list and anchor tenants. If mismanage then good luck. Same applies to all other malls. The demographic of this part of Cheras is definitely better than velocity side. Personal point of view.