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

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cteh2
post May 21 2015, 11:54 PM

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QUOTE(restful increase @ May 21 2015, 10:30 PM)
jagalat kor, ur link on the projects beside mrt station voted Ekocheras as best buy among the 10 mrt projects. i hope this will translate it to a good capital appreciation in 2018.
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Hi, I just got an unit for ekocheras (H-16) for investment yesterday.
May I know this area of cheras can rent out for how much for blk H type, SOHO (762sqft), just an estimation will do , thanks for help.
cteh2
post May 22 2015, 05:58 PM

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QUOTE(Jagalat @ May 22 2015, 12:00 AM)
Congraz and welcome cteh2 boss!

For rental range, l let other daikors comment as they are really experts
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bro Jagalat, I am not boss lah :D
but happy to be one of ekocheras investor like you all as well.
cteh2
post May 22 2015, 06:06 PM

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QUOTE(soon9913 @ May 22 2015, 08:44 AM)
Congrats !
Mind to share how much u bought? Klcc view,?
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Hi bro Soon,
I bought my unit for RM 603K before 5% discount, is it same price as the launch price?
. I hear the SA told me this is loan drop out unit.
Is facing KLCC but according to SA ,the view might be block by the BLK E service apartment.
cteh2
post May 22 2015, 06:28 PM

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QUOTE(cteh2 @ May 22 2015, 05:58 PM)
bro Jagalat, I am not boss lah :D
but happy to be one of ekocheras investor like you all as well.
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Btw bro, i see previous post this ekocheras project is behind schedule, is that right?
cteh2
post May 23 2015, 12:09 AM

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QUOTE(soon9913 @ May 22 2015, 08:48 PM)
the price appreciated min 10%..
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bro soon, wow...that's a good sign i guess meaning this project have potential. price still appreciate even durng current economy difficult time. :)


cteh2
post May 23 2015, 11:28 AM

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QUOTE(restful increase @ May 23 2015, 11:19 AM)
this price is artificially inflated by ekocheras for s&p. it has not been tested in the free secondary mrk yet.
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Agree.
Also i hear from SA there are another about 300 unit bumi lot have not release yet. :(
cteh2
post May 24 2015, 10:08 AM

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QUOTE(Babizz @ May 23 2015, 11:54 AM)
To me the point is, i know they changed from strata shop to mall but why still SO SLOW? If they are a good developer, they would speed up construction now n not look behind.. Jus shows my earlier point tht they are not capable financially.. Buyers should keep questioning them why its still slow as people are not blind..
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Hi Babizz,
You also invest in this ekocheras project?


cteh2
post May 24 2015, 12:26 PM

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QUOTE(Babizz @ May 24 2015, 10:25 AM)
No but really like the location n product  :drool:  :drool: Still sad tht the construction is sloowww
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Agree.
cteh2
post May 25 2015, 10:20 PM

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QUOTE(Jagalat @ May 25 2015, 03:13 PM)
Zoom at the foundation spots.
Behind each and every great foundation spot ("steel cage"), there stands a man in yellow helmet...
user posted image
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Thanks Bro Jagalat for the update.
Great to hear that they speed up the progress.
cteh2
post May 28 2015, 10:49 PM

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QUOTE(gordan76 @ May 28 2015, 10:47 AM)
Hi Bro,

how big was your layout and when you bought it ? Can you share ? still have 5 % discount ?
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my unit is block H 762 ft2.
yup, still have 5 %
i bought it last 2 weeks
cteh2
post May 30 2015, 12:27 AM

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QUOTE(Jagalat @ May 29 2015, 02:46 PM)
No intention to dig this out for promotion, but just for re-FYI
Here are the units sold to directors last year.
See if your parcel unit happened to be one of them...

Source:
http://www.tradesignum.com/announcement-59183
The EB - EkoCheras Sales Announcement.docx site
https://www.google.com.my/url?sa=t&rct=j&q=...8,d.cGU&cad=rja
Purchaser  Description of  Property Gross Built-up Area (sq feet) Selling Price (RM)
Datuk Lim Keng Cheng Two bedroom apartment in Tower H, EkoCheras (Parcel No: H-18-01) 1,168 866,477
Lim Pak Lian  Studio apartment in Tower H, EkoCheras (Parcel No: H-18-08) 762 555,824
Lim Keng Hun  Studio apartment in Tower H, EkoCheras (Parcel No: H-18-18) 762 555,824
Lim Keng Guan  Studio apartment in Tower H, EkoCheras (Parcel No: H-25-03) 762 581,630
Lim Keng Guan  Studio apartment in Tower H, EkoCheras (Parcel No: H-25-07) 762 581,630
Lim Keng Guan  Studio apartment in Tower H, EkoCheras (Parcel No: H-29-3A) 762 621,415
Ong Siew Lin  Studio apartment in Tower H, EkoCheras (Parcel No: H-29-05) 762 594,533
Madam Lim Hoe  Studio apartment in Tower H, EkoCheras (Parcel No: H-08-01) 1,168 834,219
Wong Khai Shiang Studio apartment in Tower H, EkoCheras (Parcel No: H-28-08) 762 591,308
Lim Ding Shyong and Lim Yang Li Studio apartment in Tower H, EkoCheras (Parcel No: H-26-08) 762 584,856
Dr. Wong Kai Fatt Single bedroom apartment in Tower E, EkoCheras (Parcel No: E-3A-03) 821 579,963
Dr. Wong Kai Fatt Studio apartment in Tower J, EkoCheras (Parcel No: J-18-03) 762 528,032
Tham Beng Choy  Studio apartment in Tower H, EkoCheras (Parcel No: H-11-02) 762 536,469
Lim Soo San  Studio apartment in Tower H, EkoCheras (Parcel No: H-11-03) 762 539,695
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my unit is not this unit.
cteh2
post May 31 2015, 09:58 AM

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QUOTE(tonytyk @ May 31 2015, 08:56 AM)
Thought most units sold, except bigger size unit. If the directors are are releasing now, they know something ?
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Still have bumi lot have not released yet

cteh2
post Jun 2 2015, 11:50 PM

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Hi All Sifu here,
Need your advice urgently:

This week I am going to sign the SPA and loan agreement for this ekocheras project, i am using the EkoVest SPA lawyer which is Susanna Lim & Partners since is together with the purchase package.

May I know anything I need to take note?
is the SPA standard ? or I need to get them send me the document to review through first before signing?


cteh2
post Jun 3 2015, 05:31 AM

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QUOTE(soon9913 @ Jun 3 2015, 12:01 AM)
Spa should be standard as this project is governed by HDA..
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Thank you for the info.
cteh2
post Jun 3 2015, 11:13 PM

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QUOTE(CMW123 @ Jun 3 2015, 08:44 PM)
Got opportunity pls ask the lawyer or developer why construction so slow...hehe
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ok, i will.
cteh2
post Jun 4 2015, 07:40 AM

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QUOTE(Jagalat @ Jun 3 2015, 11:54 PM)
In case they say everything is running per schedule, then you can turn to third schedule (clause 4) of your spa. Then you have power to ask them "According to the schedule, development should have been completed some stages and 2013 year buyers should be paying progressive billing, but none so far...Why ah? "

If they still deny, pls show them some pictures (two weeks ago) in the forum.

In case you need last weekend pictures,  l can post them tomorrow. All the best!
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In fact I ask the SA this question during my purchase and the SA do agree the project is behind schedule.
She told me that project schedule is behind about 6 months and currently they are speeding up the progress.
Do any sifu here have any info if ekovest really speeding up the progress or is the same?

Then I ask her if the project is delay, what is the LAD? and she reply me is 10% per annum and is stated in the SPA.

That's why I need the sifus here to advise me is the SPA standard? if yes, then is ok, else I better call them to send me the SPA that I am going to sign tomorrow to pre-read carefully before signing because tomorrow I am signing using their solicitor Susanna Lim & Partners.

Btw, is there any clause in the SPA that I need to take note or any question I need to ask the lawyer tomorrow during my signing?
cteh2
post Jun 4 2015, 01:40 PM

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QUOTE(ed1torz @ Jun 4 2015, 11:47 AM)
well my SPA (other project) did c/w all floors layout and numbering.

isnt that what SPA is all about to avoid dispute later on hahahaha
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Thanks for all the sifus advise.
cteh2
post Jun 4 2015, 01:41 PM

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QUOTE(Jagalat @ Jun 4 2015, 11:29 AM)
My SPA mentioned LAD only 8%..So yours is attractive... :clap:

In SPA, along with the normal checking(unit etc), you may also look for your parking bay. They normally provide you the bay number and do not provide the parking floor layout. You need to ask them where your bay is. 

If you feel that having pre-read will be more prepared or confident, feel free to do so...  :nod:

Other daikors pls comment...
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how's come mine and yours LAD % can be different? I thought this is governed by HDA and it should be standard?
cteh2
post Jun 4 2015, 01:44 PM

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QUOTE(Jagalat @ Jun 4 2015, 11:29 AM)
My SPA mentioned LAD only 8%..So yours is attractive... :clap:

In SPA, along with the normal checking(unit etc), you may also look for your parking bay. They normally provide you the bay number and do not provide the parking floor layout. You need to ask them where your bay is. 

If you feel that having pre-read will be more prepared or confident, feel free to do so...  :nod:

Other daikors pls comment...
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regarding the pre-read, seriously if you ask me to read through (even I have the time), I might not understand the clause and entitlement as well.

If your advise here is necessary, I might need to check with my friend ( which is a laywer) to help me to read through, but if it is standard clause and governed by HDA, then I think I do not want to trouble my friend lah...


cteh2
post Jun 4 2015, 02:12 PM

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QUOTE(ed1torz @ Jun 4 2015, 02:05 PM)
just ask if its the std template used like i.e.

http://www.kpkt.gov.my/kpkt/borang/lesen/Schedule_H.pdf

then you just have to focus on some part like annex etc
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thanks for the advise

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