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 EcoMajestic @ Semenyih (VERSION 7), ~Lets Continue Partyfor MerryDale~

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Chris Chew
post Mar 14 2015, 11:26 PM

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QUOTE(New Klang @ Mar 14 2015, 09:24 PM)
I am not familiar with the layout of the township. Can you explain how this price is very fair?  Can I know what are the important features I need to identify in my evaluation?
*
Sorry bro, I use iPhone to reply thus kenot give 100% notes.

For the entire township
- 1089 acres, a huge and new township with eco and modern branding with majestic feel ( first in whole Msia being a stratified G&G area )
- a township which inclusive commercials of 150-170 acres ( unsure abt actual size but ard there ) and
- with potential mall as well as schools on the pipeline
- surround by EcoHill and EcoHill 2, both upcoming new township and benefits each other
- ironically, both SPS had their track record into developing township and EW being the ex management team developed the successful Setia Alam
- first ever township able to sold over 1200 houses and vacant bungalow lots in a year time since 2014
- the number leads to being one of the major township with potential of faster developing in a shorter period
- the commercial had kicked in and it gonna completed earlier than all the residential precincts of Cradleton, Tenderfields and Merrydale

Price, Proven and People
- of the location and surrounding with similar concept of Eco Branding, Eco Hill managed to sold out their 1000 houses in late 2013 and progressively doing well in 2014 ( ppl accepted the price )
- on the better specs and higher cost, EM's Cradleton was 95% sold in a day, Tenderfields doing great and left not many while Merrydale, the current precinct also doing well in such short period after sold 1000 units of landed.
- Cradleton 22x75, sold very well from RM 750k onwards and only those units near surau, junction and school was moving slow. For 20x70 and 22x70, the hundreds were not even enough to sell for the people and its started to be proven
- With Merrydale is probably going to be last same concept of terrace houses with Cradleton ( future terrace gonna tipped to be diff concept and excited ) , 22x75 at RM 840k, its fair to justify the price psf vs above transacted price and numbers at minimal increment.

However, above is only my exception and may vary from other people perception as I have long term view on EM.


Jasoncat
post Mar 14 2015, 11:29 PM

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QUOTE(shadowofevil @ Mar 14 2015, 09:58 PM)
Bro i spend time reading from
V4-v7 of this eco majestic and visit EMSO 4-5times to only start to understand the whole township a little bit bit haha...

For the moment im loving it!
*
Before I made up my mind, I read from V1 to the latest version then of both SEH and EM thread wink.gif Take quite a lot of time but worth it.
Jasoncat
post Mar 14 2015, 11:32 PM

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QUOTE(Chris Chew @ Mar 14 2015, 11:26 PM)
Sorry bro, I use iPhone to reply thus kenot give 100% notes.

For the entire township
- 1089 acres, a huge and new township with eco and modern branding with majestic feel ( first in whole Msia being a stratified G&G area )
- a township which inclusive commercials of 150-170 acres ( unsure abt actual size but ard there ) and
- with potential mall as well as schools on the pipeline
- surround by EcoHill and EcoHill 2, both upcoming new township and benefits each other
- ironically, both SPS had their track record into developing township and EW being the ex management team developed the successful Setia Alam
- first ever township able to sold over 1200 houses and vacant bungalow lots in a year time since 2014
- the number leads to being one of the major township with potential of faster developing in a shorter period
- the commercial had kicked in and it gonna completed earlier than all the residential precincts of Cradleton, Tenderfields and Merrydale

Price, Proven and People
- of the location and surrounding with similar concept of Eco Branding, Eco Hill managed to sold out their 1000 houses in late 2013 and progressively doing well in 2014 ( ppl accepted the price )
- on the better specs and higher cost, EM's Cradleton was 95% sold in a day, Tenderfields doing great and left not many while Merrydale, the current precinct also doing well in such short period after sold 1000 units of landed.
- Cradleton 22x75, sold very well from RM 750k onwards and only those units near surau, junction and school was moving slow. For 20x70 and 22x70, the hundreds were not even enough to sell for the people and its started to be proven
- With Merrydale is probably going to be last same concept of terrace houses with Cradleton ( future terrace gonna tipped to be diff concept and excited ) , 22x75 at RM 840k, its fair to justify the price psf vs above transacted price and numbers at minimal increment.

However, above is only my exception and may vary from other people perception as I have long term view on EM.
*
Great sharing boss.
shadowofevil
post Mar 14 2015, 11:55 PM

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QUOTE(Chris Chew @ Mar 14 2015, 11:26 PM)
Sorry bro, I use iPhone to reply thus kenot give 100% notes.

For the entire township
- 1089 acres, a huge and new township with eco and modern branding with majestic feel ( first in whole Msia being a stratified G&G area )
- a township which inclusive commercials of 150-170 acres ( unsure abt actual size but ard there ) and
- with potential mall as well as schools on the pipeline
- surround by EcoHill and EcoHill 2, both upcoming new township and benefits each other
- ironically, both SPS had their track record into developing township and EW being the ex management team developed the successful Setia Alam
- first ever township able to sold over 1200 houses and vacant bungalow lots in a year time since 2014
- the number leads to being one of the major township with potential of faster developing in a shorter period
- the commercial had kicked in and it gonna completed earlier than all the residential precincts of Cradleton, Tenderfields and Merrydale

Price, Proven and People
- of the location and surrounding with similar concept of Eco Branding, Eco Hill managed to sold out their 1000 houses in late 2013 and progressively doing well in 2014 ( ppl accepted the price )
- on the better specs and higher cost, EM's Cradleton was 95% sold in a day, Tenderfields doing great and left not many while Merrydale, the current precinct also doing well in such short period after sold 1000 units of landed.
- Cradleton 22x75, sold very well from RM 750k onwards and only those units near surau, junction and school was moving slow. For 20x70 and 22x70, the hundreds were not even enough to sell for the people and its started to be proven
- With Merrydale is probably going to be last same concept of terrace houses with Cradleton ( future terrace gonna tipped to be diff concept and excited ) , 22x75 at RM 840k, its fair to justify the price psf vs above transacted price and numbers at minimal increment.

However, above is only my exception and may vary from other people perception as I have long term view on EM.
*
Is alwiz been a pleasant experience reading chris gor review
Im convince of the township to be honest...but i also recog it take timeto develop

Jasoncat
post Mar 15 2015, 12:15 AM

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QUOTE(New Klang @ Mar 14 2015, 09:24 PM)
I am not familiar with the layout of the township. Can you explain how this price is very fair?  Can I know what are the important features I need to identify in my evaluation?
*
Chriss boss did a great sharing. Pls allow me to add on a little bit here...

- EM is presently the single largest project of EW with RM11.14 bil GDV.
- It's also the largest stratified G&G development in Malaysia.
- Low density precincts: Cradleton (12/acre); Tenderfields (8/acre); Merrydale (10/acre).
- Self-sustained township with commercials on the 170-acre Silver Square.
- After completion of the asset injection exercise, EW will have 4,926 acres of landbank worth RM47 bil in GDV located in KV, Penang and Johor, poised to be one of the largest developers in Malaysia.
Jasoncat
post Mar 15 2015, 12:15 AM

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QUOTE(shadowofevil @ Mar 14 2015, 11:55 PM)
Is alwiz been a pleasant experience reading chris gor review
Im convince of the township to be honest...but i also recog it take timeto develop
*
+1
shadowofevil
post Mar 15 2015, 12:27 AM

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QUOTE(Jasoncat @ Mar 15 2015, 12:15 AM)
Chriss boss did a great sharing.  Pls allow me to add on a little bit here...

- EM is presently the single largest project of EW with RM11.14 bil GDV.
- It's also the largest stratified G&G development in Malaysia.
- Low density precincts: Cradleton (12/acre); Tenderfields (8/acre); Merrydale (10/acre).
- Self-sustained township with commercials on the 170-acre Silver Square.
- After completion of the asset injection exercise, EW will have 4,926 acres of landbank worth RM47 bil in GDV located in KV, Penang and Johor, poised to be one of the largest developers in Malaysia.
*
Shud add all these info and summary
On page 1of each thread lol
Chris Chew
post Mar 15 2015, 02:46 AM

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QUOTE(Jasoncat @ Mar 15 2015, 12:15 AM)
Chriss boss did a great sharing.  Pls allow me to add on a little bit here...

- EM is presently the single largest project of EW with RM11.14 bil GDV.
- It's also the largest stratified G&G development in Malaysia.
- Low density precincts: Cradleton (12/acre); Tenderfields (8/acre); Merrydale (10/acre).
- Self-sustained township with commercials on the 170-acre Silver Square.
- After completion of the asset injection exercise, EW will have 4,926 acres of landbank worth RM47 bil in GDV located in KV, Penang and Johor, poised to be one of the largest developers in Malaysia.
*
+1 Boss
spydermind
post Mar 15 2015, 07:40 AM

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As mush as I like the development and personally vested, but seeing the latest price of new house is a dilemma. On 1 hand , good for my investment but on the other hand, shooting up this fast, concerned me. The next thing people realize that they might be much better deal somewhere else. Also, harder for me to invest more at current price.

This post has been edited by spydermind: Mar 15 2015, 07:42 AM
johlou
post Mar 15 2015, 07:41 AM

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Any idea hows the progress for Tenderfields...yet to receive any billings yet
spydermind
post Mar 15 2015, 07:52 AM

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I was told the billing is expected in may most likely.

This post has been edited by spydermind: Mar 15 2015, 07:53 AM
Jasoncat
post Mar 15 2015, 08:24 AM

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QUOTE(johlou @ Mar 15 2015, 07:41 AM)
Any idea hows the progress for Tenderfields...yet to receive any billings yet
*
Piling works completed. Should be anytime soon this month or early April.
SUSNew Klang
post Mar 15 2015, 08:53 AM

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Just read a lot in this EcoMajestic thread. Too much contents and would need a lot of intelligence to find the facts.
kikilai
post Mar 15 2015, 10:31 AM

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QUOTE(Jasoncat @ Mar 15 2015, 12:15 AM)
Chriss boss did a great sharing.  Pls allow me to add on a little bit here...

- EM is presently the single largest project of EW with RM11.14 bil GDV.
- It's also the largest stratified G&G development in Malaysia.
- Low density precincts: Cradleton (12/acre); Tenderfields (8/acre); Merrydale (10/acre).
- Self-sustained township with commercials on the 170-acre Silver Square.
- After completion of the asset injection exercise, EW will have 4,926 acres of landbank worth RM47 bil in GDV located in KV, Penang and Johor, poised to be one of the largest developers in Malaysia.
*
Like that, JADE HILLS is super low density (3/acre)
http://gamudaland.com.my/jadehills/compone...ster-site-plan/


SUSNew Klang
post Mar 15 2015, 10:34 AM

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QUOTE(kikilai @ Mar 15 2015, 10:31 AM)
Like that, JADE HILLS is super low density (3/acre)
http://gamudaland.com.my/jadehills/compone...ster-site-plan/
*
I think this thread can do without Jadehill's.

The content here is a lot and it is like a jungle.

This post has been edited by New Klang: Mar 15 2015, 10:35 AM
nivota
post Mar 15 2015, 11:47 AM

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Guy cant go today due to family commitment, anyone who going mind take some pictures and highlights of the event and post it to our fb group or here? Thanks!
HL2712
post Mar 16 2015, 11:29 AM

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Hi guys,

I understand that the loji rawatan air semenyih is just ~200m away from Eco Majestic. But somehow couldn't google the exact location of the site.

How is the operating condition of the loji and presumably it's a sewage treatment plant?


dtags
post Mar 16 2015, 11:45 AM

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QUOTE(Chris Chew @ Mar 14 2015, 11:26 PM)
Sorry bro, I use iPhone to reply thus kenot give 100% notes.

For the entire township
- 1089 acres, a huge and new township with eco and modern branding with majestic feel ( first in whole Msia being a stratified G&G area )
- a township which inclusive commercials of 150-170 acres ( unsure abt actual size but ard there ) and
- with potential mall as well as schools on the pipeline
- surround by EcoHill and EcoHill 2, both upcoming new township and benefits each other
- ironically, both SPS had their track record into developing township and EW being the ex management team developed the successful Setia Alam
- first ever township able to sold over 1200 houses and vacant bungalow lots in a year time since 2014
- the number leads to being one of the major township with potential of faster developing in a shorter period
- the commercial had kicked in and it gonna completed earlier than all the residential precincts of Cradleton, Tenderfields and Merrydale

Price, Proven and People
- of the location and surrounding with similar concept of Eco Branding, Eco Hill managed to sold out their 1000 houses in late 2013 and progressively doing well in 2014 ( ppl accepted the price )
- on the better specs and higher cost, EM's Cradleton was 95% sold in a day, Tenderfields doing great and left not many while Merrydale, the current precinct also doing well in such short period after sold 1000 units of landed.
- Cradleton 22x75, sold very well from RM 750k onwards and only those units near surau, junction and school was moving slow. For 20x70 and 22x70, the hundreds were not even enough to sell for the people and its started to be proven
- With Merrydale is probably going to be last same concept of terrace houses with Cradleton ( future terrace gonna tipped to be diff concept and excited ) , 22x75 at RM 840k, its fair to justify the price psf vs above transacted price and numbers at minimal increment.

However, above is only my exception and may vary from other people perception as I have long term view on EM.
*
Chris, good sharing. No regret of buying Tenderfield. Is a long term investment. rclxms.gif

SUSNew Klang
post Mar 16 2015, 12:09 PM

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QUOTE(Chris Chew @ Mar 14 2015, 11:26 PM)
Sorry bro, I use iPhone to reply thus kenot give 100% notes.

However, above is only my exception and may vary from other people perception as I have long term view on EM.
*
There are a lot of value added in this development that are intangible and the beauty rest on the eyes of the beholders.


Chris Chew
post Mar 16 2015, 12:18 PM

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QUOTE(dtags @ Mar 16 2015, 11:45 AM)
Chris, good sharing. No regret of buying Tenderfield.  Is a long term investment.  rclxms.gif
*
Great to hear that ...

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