Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai
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 Dec 1 2014, 03:03 PM
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#1
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QUOTE(Jagalat @ Dec 1 2014, 02:54 PM) For those buyers signed SnP this month last year, it is been one one year already. Happy anniversary... 3 more years to Three more years remaining...  1. complete the ground and piling 2. Build the 3 storeys basement parking 3. 3 storeys malls 4. 60 storeys SOHO 5. Sky facilities Good luck!  |
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Dec 1 2014, 11:33 PM
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#2
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QUOTE(syong888 @ Dec 1 2014, 11:14 PM) Good luck for LAD??? Better pray for completion c/w CCC before hope for any LAD....  |
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Dec 1 2014, 11:49 PM
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#3
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If u observe those projects with basement carpark... Such as Pacific Place, Four Seasons, Sentral Residences etc it take a lot of time for completion. Pacific Place is just 15 storeys but it took them close to 2years just to complete the 4 storeys basement parking. And another 15months for 15storeys.
After almost a year, EKC is no where almost completed with its soil digging judging from photos posted by forumners. If Ekovest need another year to complete digging+ piling + basement parking + Mall, they just left 2 years to construct 60storeys super structure in order to avoid LAD. those taking DIBS scheme from developer... This post has been edited by gks: Dec 1 2014, 11:52 PM |
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Dec 2 2014, 01:06 PM
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#4
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QUOTE(jasonmatthew @ Dec 2 2014, 12:54 PM) If basement carpark is so difficult to build, why the developer opted to build basement carpark? What are the benefit of it? Sorry for my noob question. Ground will be more valuable space for retails/malls/shops, not carpark |
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Dec 3 2014, 10:37 AM
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#5
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aesthetic wise, basement parking is much nicer than elevated parking. KLCC, Pavilion all are with basement parking.
Some high condos also with basement parking such as Four Seasons, Vipod... |
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Jan 5 2015, 01:44 PM
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#6
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QUOTE(Jagalat @ Jan 5 2015, 11:38 AM) Of the 10 things to look out for in a condo, how many EKC scores It will be interesting to see owners reply on above... the indepth knowledge of development.. 1. Attractive facade 2. A grand entrance and lobby 3. Excellent parking space design 4. Sunny and luxurious elevators and lobby 5. Wide and comfortable corridors 6. Practical layout design 7. Practical facilities and big open spaces 8. Sufficient parking ratio 9. Reasonable maintenance fees and the promise of continuous good maintenance well into the future 10. Unit must be semi-furnished upon vacant possession (VP) http://www.thestar.com.my/Business/Busines...ondo/?style=biz whether1. Each block will have grand lobby (double volume) with porte cochere and guard manning the security with proper waiting area? 2. How is the security system whether 2 or 3 tiers? Any access card to the lift that bring to your floor only? 3. How many parking available in whole EKC and exclusively for residents? 4. What is the materials and brands for tiles, timber flooring, window frames, doors, kitchen cabinets and electrical appliances? 5. The size, capacity and brand of the lift? 6. The size of the swimming pool, brand of gyms etc... Some info may not come that soon... Apart from the old scale model, nothing much can be seen to illustrate above. However my biggest grouse was the layout... IF Ekovest manage to fit in another bedroom at the SOHO ground floor, it will be perfect.  This post has been edited by gks: Jan 5 2015, 01:57 PM |
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Jan 31 2015, 05:23 PM
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#7
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QUOTE(Alvelyn @ Jan 31 2015, 01:05 PM) Block J, High Floor, RM 850 psf Can sell and transfer name now during under construction? Not those option and transfer after vp type. |
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Feb 7 2015, 05:51 AM
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#8
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QUOTE(takezhiro @ Feb 6 2015, 11:43 PM) The landscaping on top of the mall is nicer it will help the property value The mall Rooftop accessible to public? |
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Apr 1 2015, 05:09 PM
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#9
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QUOTE(Babizz @ Apr 1 2015, 12:12 AM) Yeap i know who he is but if things are good fr them, EKC wont be whr they are today. For vested parties, just sit tight and wait until 2018. We will revisit this statement in 6 months n see how much of progress has been done.. For interested party, If you are worry the project will abandoned by Ekovest, stay away. There are many other projects that less riskier. Integrated development always slower especially the beginning of the construction. Furthermore they need to dig out 3 storeys basement. In Ekocheras case, they need to do piling that strong enough for 60storey buildings. One of the project that i vested, the developer took 15months for piling + 4 storeys basement. |
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Apr 1 2015, 08:48 PM
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#10
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QUOTE(mybenz @ Apr 1 2015, 07:34 PM) hehehe i know which project u talking about And it is just 15storeys buildings. |
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Apr 22 2015, 03:48 PM
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#11
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QUOTE(maldiniho @ Apr 22 2015, 02:37 PM) looks no much different than the last photo i saw at least 1/2 year ago. Nobody will know the future and if u r worry and losing your sleep, you may write in and ask developer to cancel the SPA. Obviously some money will be forfeited but better than losing hair over it. I may be naive, but comparing to Maxim Residences not so far away this seem much less done than that. SHould we start worrying? |
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Apr 22 2015, 09:18 PM
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#12
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QUOTE(Babizz @ Apr 22 2015, 07:35 PM) True but from then until now EKC has appreciated.. Can anyone share why the 3 floors dig is only a small portion?? shldnt it be bigger Because they need to complete ground + piling works for Soho blocksThe rest of mall portions can slowly do since do not need to construct 60storeys on it. |
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May 5 2015, 05:53 PM
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#13
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QUOTE(Jagalat @ May 5 2015, 04:29 PM) http://www.woot.com.my/mrt-properties-in-malaysia/ Was reading a report that mention property within walking distance to lrt station enjoy 20% higher rental.12 properties near future MRT in Malaysia you probably should be investing. At least 7/12 (starred) are off Jln Cheras, with Mutiara 482 close to Jln Cheras *12. Miharja Apartment / Condominium @ Maluri MRT Station 11. The Sentral Residence @ KL Sentral MRT Station *10. J.Duppion Residence @ Taman Pertama MRT Station 9. Dsara Sentral @ Kampung Selamat MRT Station (Sg Buloh) 8. Sqwhere @ Kampung Selamat MRT Station (Sg Buloh) 7. Tropicana Gardens @ Surian MRT Station *6. YouCity @ Taman Suntax MRT Station *5. Saville Cheras – Sri Raya MRT Station *4. The Netizen BTHO @ Bandar Tun Hussien MRT Onn Station *3. Sunway Velocity @ Cochrane MRT Station 2. Mutiara 482 @ Cochrane MRT Station *1. Eko Cheras @ Taman Mutiara MRT Station Author say: "Whichever property is your final pick, you’d probably won’t go wrong because time and time again, properties nearing to public transport has shown to command a premium rent over other locations." Do you agree?? 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. |
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May 13 2015, 07:06 PM
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#14
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QUOTE(CMW123 @ May 13 2015, 05:44 PM) What's wrong with this Ekovest...progress so slow They are doing piling for 60storey building + 3 storey basementsAlways had the impression that they are established group with strong construction experience I am not surprise with time taken I bought one project with 4 storeys basement + simple 15storey building It took them 15months to complete the dig out + piling A recent example is four seasons. After launched in feb.2013, after more than 2years only superstructure rose from ground. I think Ekovest should start the construction before spa signing. |
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Jun 6 2015, 02:47 PM
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#15
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QUOTE(Jagalat @ Jun 6 2015, 02:29 PM) When the Soho were launched in 2013, finger kungfu BBB mode... If you refer to the KPKT website, it was reported that the progress of the project is 26%When BlkE was launched in Nanyang property fair later the same year, BBB mode too.... When hotel and office were launched a few months ago, BBB as well..... At least the developer has bagged the 10% from the buyers (on paper)... There is slow progress. The purpose of the pictures are meant for close monitoring so all daikors can feedback/push the developer for progress. Slow progress is better no progress. Will still have a long way to go. http://ehome.kpkt.gov.my/main.php?Content=...304&IID=&Page=1 |
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Jun 6 2015, 03:17 PM
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#16
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QUOTE(Jagalat @ Jun 6 2015, 03:09 PM) Can you guide further to get to the 26%? Thanks The link seems not working.What l can get was a page updated last July. Attached thumbnail(s) 
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Jun 9 2015, 06:20 PM
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#17
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Pavilion Bukit Jalil with 2m NLA is positioned as regional mall... similar size such as MVM+Garden, OneU, BTS and IOI City Mall...
IMO, not direct competition. Furthermore with Pavilion experience in retail management, ekovest is not yet in the same league as Malton. Particularly software side. With 1m NLA, Ekocheras is sandwiched between neighbourhood mall and those regional mall. Even Setia City Mall (740,000 NLA), Atria PJ (500,000), TCM (450,000 NLA) are smaller than Ekocheras. Interestingly, Tropicana Garden with 1m NLA sharing similar sizes with Ekocheras. IMO, TG and Ekocheras should be benchmarked in sense performance rather than Pavilion BJ. This post has been edited by gks: Jun 9 2015, 06:21 PM |
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Jul 14 2015, 03:48 PM
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#18
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QUOTE(Alvelyn @ Jul 14 2015, 09:23 AM) Block J, High Floor, RM 880 psf What if the project abandoned or seller brankrupt before the SPA is executed?Seller bear interest & risk during construction, contract lawyer fee Buyer pay 10% deposit to lawyer. Transfer upon VP |
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Jul 14 2015, 04:42 PM
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#19
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QUOTE(restful increase @ Jul 14 2015, 04:23 PM) you can state the terms in the s&p like the buyer takes back his 10% deposit if seller bankcrupt or project abandoned. The problem is how it is defined as abandoned?And second how would you know the seller is brankrupt during the next 3-4years? And third if the deposit is paid to the seller, the seller may not even refund the deposit. Unless it is parked with stakeholder until the completion of SPA which i believe the seller is not keen. The buyer need to be aware of many risks buying under OTP under construction period. Unless seller could guarantee direct transfer from developer. |
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