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Investment EcoMajestic @ Semenyih (VERSION 4), Herald of a New Era by EcoWorld

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Jasoncat
post Jul 21 2014, 02:41 PM

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QUOTE(samkps @ Jul 21 2014, 02:23 PM)
Jason gor.. no warrior lah... just a tiny cacing tanah in Semenyih leh..  tongue.gif  tongue.gif

By the way, just receive a good news....

After Sunway, SP Setia, Ecoworld, Country Garden, Kuen Lei, Hong Soon and Gallery Development, the latest news say that Sime Darby will be stepping into Semenyih as well, developing a 200 acres landed project within the vicinity...  rclxms.gif  rclxms.gif  rclxms.gif
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Sam kor, any idea the more exact location of the SD project?
tengster
post Jul 21 2014, 02:43 PM

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QUOTE(samkps @ Jul 21 2014, 02:36 PM)
Can we expect a mall near the main entrance of Eco Majestic from Jalan Semenyih later...  hmm.gif  hmm.gif  hmm.gif
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If i were this developer, I will change plan to shoplot. Shopping mall to head on with Ecoworld is not a wise choice. Shoptlot on the otherhand can capture some other market including traffic along Jalan Semenyih....
kiasfansuri
post Jul 21 2014, 02:44 PM

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Just read Alliance DBS Research report on property sector and KL South outlook.

Looks promising. rclxms.gif rclxms.gif here's a snippet.

New urbanization trend:

Evolution of KL South

• KL south migration gaining traction, driven by MRT connectivity, strong population growth, and larger supply of affordable homes

• Kajang-Semenyih growth corridor the most promising hotspot within Greater KL given availability of cheap land bank and ready infrastructure

• KL-SG High Speed Rail - the wildcard to shift city center towards KL South

• Top beneficiaries: MKH (high-conviction Buy), EcoWorld (Initiate coverage), SP Setia (Upgrade toBuy)



Huge price disparity driving KL south migration.


Escalating land prices within Greater KL have reduced the supply of affordable landed properties, which remain in demand. The MRT connectivity at Kajang (ready by 2017) and the ready infrastructure with several highways have made Kajang/Semenyih the natural choice for developers to expand township developments. This is supported by the availability of large tracts of land and these districts recording the among the strongest population growth in Selangor. The close proximity to KLCC and Putrajaya federal administrative centre will ensure KL South continues to thrive.

Follow the infrastructure.

The terminal station of the proposed KL-SG High Speed Rail (HSR) link at Bandar Malaysia could accelerate migration to KL south given the more integrated public transport system by then. The MRT Line 2 which has been approved by the cabinet could link southward to Putrajaya, which would drive more development in Kajang/Semenyih.

whoever didn't managed to get a unit in EcoMajestic can still invest via proxy though EcoWorld stock! TP RM 6.00!! thumbup.gif
tengster
post Jul 21 2014, 02:45 PM

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QUOTE(kiasfansuri @ Jul 21 2014, 02:44 PM)
Just read Alliance DBS Research report on property sector and KL South outlook.

Looks promising.  rclxms.gif  rclxms.gif  here's a snippet.

New urbanization trend:

Evolution of KL South

• KL south migration gaining traction, driven by MRT connectivity, strong population growth, and larger supply of affordable homes

• Kajang-Semenyih growth corridor the most promising hotspot within Greater KL given availability of cheap land bank and ready infrastructure

• KL-SG High Speed Rail - the wildcard to shift city center towards KL South

• Top beneficiaries: MKH (high-conviction Buy), EcoWorld (Initiate coverage), SP Setia (Upgrade toBuy)

Huge price disparity driving KL south migration.


Escalating land prices within Greater KL have reduced the supply of affordable landed properties, which remain in demand. The MRT connectivity at Kajang (ready by 2017) and the ready infrastructure with several highways have made Kajang/Semenyih the natural choice for developers to expand township developments. This is supported by the availability of large tracts of land and these districts recording the among the strongest population growth in Selangor. The close proximity to KLCC and Putrajaya federal administrative centre will ensure KL South continues to thrive.

Follow the infrastructure.

The terminal station of the proposed KL-SG High Speed Rail (HSR) link at Bandar Malaysia could accelerate migration to KL south given the more integrated public transport system by then. The MRT Line 2 which has been approved by the cabinet could link southward to Putrajaya, which would drive more development in Kajang/Semenyih.

whoever didn't managed to get a unit in EcoMajestic can still invest via proxy though EcoWorld stock! TP RM 6.00!! thumbup.gif
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Is this a BUY CALL for Tenderloins? tongue.gif
samkps
post Jul 21 2014, 02:46 PM

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QUOTE(tengster @ Jul 21 2014, 02:41 PM)
No for Ecoworld side....Ecoworld has the 170+ acres at Silver Square. Ecoworld mall will be fronting Lekas with proper access 132' road.

Building a mall near already congested Jalan Semenyih is really stuff-worms-into-arseholes act. Traffic volume into/out from mall is imperative to mall success. Accesses have to be top notch apart from catchment, tenant selection, theme, and other details....
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That's why local authority is busy expanding the road of Jalan Semenyih within Rinching / Beranang area. Jalan Semenyih within the town area really no hope.. doh.gif
tengster
post Jul 21 2014, 02:47 PM

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QUOTE(samkps @ Jul 21 2014, 02:46 PM)
That's why local authority is busy expanding the road of Jalan Semenyih within Rinching / Beranang area. Jalan Semenyih within the town area really no hope..  doh.gif
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I think no matter how they widen the road, a mall shouldnt be planned beside the busy main road unless they do mutiple flyovers and connections...otherwise sure choke till see blood...
samkps
post Jul 21 2014, 02:49 PM

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QUOTE(Jasoncat @ Jul 21 2014, 02:41 PM)
Sam kor, any idea the more exact location of the SD project?
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If not mistaken, should be near to Diamond city / Tiara East... hmm.gif hmm.gif
Jasoncat
post Jul 21 2014, 02:51 PM

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QUOTE(samkps @ Jul 21 2014, 02:33 PM)
Have heard this news even before the launching of Setia Ecohill, as like the AEON. Not sure when it is going to be implemented...

If really so, most likely it will be located some where near the EM or bandar tasik kesuma or inside bandar rinching I presume.
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If my study is correct, so long as there is a Aeon Jusco the surrounding area is quite vibrant. Of cource one can says that Aeon come in only when that area has reached certain maturity. Anyway, I see it as mutual benefits.

Will it be possible that Aeon is the mall that EM earmarked for in its development plan?
kiasfansuri
post Jul 21 2014, 02:53 PM

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QUOTE(tengster @ Jul 21 2014, 02:47 PM)
I think no matter how they widen the road, a mall shouldnt be planned beside the busy main road unless they do mutiple flyovers and connections...otherwise sure choke till see blood...
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Tropicana City Mall would be prime example?
samkps
post Jul 21 2014, 02:55 PM

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QUOTE(tengster @ Jul 21 2014, 02:47 PM)
I think no matter how they widen the road, a mall shouldnt be planned beside the busy main road unless they do mutiple flyovers and connections...otherwise sure choke till see blood...
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In terms of location, the area of the main entrance to EM from Jalan Semenyih is more strategic.. As it is about center of SEH 1 / SEH 2 / EM 1 / Pelangi Semenyih / Pelangi Semenyih 2 and Bandar Tasik Kesuma....

The weakness on this plot would be it may not big enough for a decent shopping mall that accommodate the requirement for all these housing projects nearby... hmm.gif hmm.gif

This post has been edited by samkps: Jul 21 2014, 03:00 PM
tengster
post Jul 21 2014, 02:56 PM

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QUOTE(kiasfansuri @ Jul 21 2014, 02:53 PM)
Tropicana City Mall would be prime example?
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You are reading my mind....You can see how much efforts they put in....flyoever here and there....
samkps
post Jul 21 2014, 02:58 PM

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QUOTE(Jasoncat @ Jul 21 2014, 02:51 PM)
If my study is correct, so long as there is a Aeon Jusco the surrounding area is quite vibrant. Of cource one can says that Aeon come in only when that area has reached certain maturity.  Anyway, I see it as mutual benefits.

Will it be possible that Aeon is the mall that EM earmarked for in its development plan?
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That's the most speculated news so far.. AEON will be anchored in the EM mall in Silver Square... hopefully EcoWorld can really wave his magic, as there is another forummer mention that there will be no AEON in Semenyih till 2016/2017...
syarehey
post Jul 21 2014, 02:58 PM

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hope they will build something premium like Setia City Mall in Silver Square
Chris Chew
post Jul 21 2014, 03:00 PM

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QUOTE(samkps @ Jul 21 2014, 02:08 PM)
If let say you travel to IOI Puchong from EM, should be:

RM 1.10 (Lekas Semenyih Ecohill link) + RM 1.00 (Silk - Bukit Kajang) + RM 1.00 (Silk - Sungai Ramal) + RM 1.60 (LDP south) + RM 1.60 (LDP) = RM 6.30 one way.

This is to travel from southern route, if from norther route, will be different I presume.  hmm.gif
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Boss,

I used another route regularly and quite save a lot of time.

I forgot how many tolls I need to pass via SILK highway until Sg. Besi toll, where after the toll, can immediately keep to left

1. Sg. Besi Toll > exit Seri Kembangan / Serdang / Bukit Jalil and linked to Bkt Jalil highway and all the way thru Bukit Jalil, Alam Sutera, Bdr Kinrara to IOI Puchong without any toll.

2. Sg. Besi Toll > go up further exit at the left ( after No. 1 above ), which is Kesas Highway, smooth and nicer road compare to Bkt Jalil Highway but need to pass RM 2.00 OUG Toll

I tried a lot of times using route No. 2 during weekday peak hours, en route to Puchong IOI Boulevard and USJ, both took me about roughly 40 minutes without high speeding.


tengster
post Jul 21 2014, 03:06 PM

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QUOTE(syarehey @ Jul 21 2014, 02:58 PM)
hope they will build something premium like Setia City Mall in Silver Square
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syarehey-Kor.....seriously, I expect more from Ecoworld. Please dont give us run of the mill type of mall......hope they can exceeds our expectation....


tengster
post Jul 21 2014, 03:07 PM

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QUOTE(samkps @ Jul 21 2014, 02:58 PM)
That's the most speculated news so far.. AEON will be anchored in the EM mall in Silver Square... hopefully EcoWorld can really wave his magic, as there is another forummer mention that there will be no AEON in Semenyih till 2016/2017...
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AEON is a proven player in the market. They will be convinced by figures only....Hope to see them in Silver Square.
samkps
post Jul 21 2014, 03:09 PM

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QUOTE(Chris Chew @ Jul 21 2014, 03:00 PM)
Boss,

I used another route regularly and quite save a lot of time.

I forgot how many tolls I need to pass via SILK highway until Sg. Besi toll, where after the toll, can immediately keep to left

1. Sg. Besi Toll > exit Seri Kembangan / Serdang / Bukit Jalil and linked to Bkt Jalil highway and all the way thru Bukit Jalil, Alam Sutera, Bdr Kinrara to IOI Puchong without any toll.

2. Sg. Besi Toll > go up further exit at the left ( after No. 1 above ), which is Kesas Highway, smooth and nicer road compare to Bkt Jalil Highway but need to pass RM 2.00 OUG Toll

I tried a lot of times using route No. 2  during weekday peak hours, en route to Puchong IOI Boulevard and USJ, both took me about roughly 40 minutes without high speeding.
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Thanks chris gor for enlightening the route on northern part using bukit jalil route instead, maybe less toll I presume.

I am using the SKVE and normally will be having a smooth traffic before entering the LDP. Time taken is about 45 minutes in normal hour.
Jasoncat
post Jul 21 2014, 03:42 PM

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QUOTE(tengster @ Jul 21 2014, 03:07 PM)
AEON is a proven player in the market. They will be convinced by figures only....Hope to see them in Silver Square.
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If talking about location and populations, seems to me EM will have the strong potential to grow into a catchment area to fulfil the prerequisites for establishment of Aeon in the years to come.
tengster
post Jul 21 2014, 03:52 PM

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QUOTE(Jasoncat @ Jul 21 2014, 03:42 PM)
If talking about location and populations, seems to me EM will have the strong potential to grow into a catchment area to fulfil the prerequisites for establishment of Aeon in the years to come.
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I think only AEON planning/feasibility team can conclude this....
tengster
post Jul 21 2014, 04:07 PM

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Cradleton buyers..... It is almost a month since you last signed your SPA. You may check with them whether SPA/DMC are ready for collection. Upon receiving it, I urge all buyers to read the terms and conditions and every clauses in SPA/DMC.

Read it and understand it..... Be an informed purchasers and set the standard high. Next time, I will share what to do during VP inspection. I am a blardee stringetn guy when come to VP inspection. I have my toys to deal with it and simple checklist. DOnt feel sympathy if developer or subcon fail to deliver the standard of workmanship required...... File the defects....



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