Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
13 Pages « < 6 7 8 9 10 > » Bottom

Outline · [ Standard ] · Linear+

 EcoMajestic @ Semenyih (VERSION 8 - Huat ah!), ~ Let's continue the party! ~

views
     
samkps
post Sep 21 2015, 03:52 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(BEANCOUNTER @ Sep 21 2015, 03:17 PM)
and please check with ecoworld what is the bumi allocation for these selangkorrumahku....in EcoMajestic

I know setia alam ones....all 50% bumi allocation.
*
According to Jason boss, it is 70% bumi allocation. Again, your "MOST" not valid for EM Simfoni.. rclxub.gif
samkps
post Sep 21 2015, 03:57 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Chris Chew @ Sep 21 2015, 03:53 PM)
From my experience, 3 lifts to cover 11 storey buildings is quite sufficient, unless each plot of stratified unit is heavily densed with 7-8 pax per unit averagely, or mini size of the lifts else, definitely sufficient.

The timing ratio of the 3 service lifts is better than a block of 30-35 storey with 8-10 units per floor ( accumulate it to exactly 308 units per block as per comparison ), albeit, size of lift and quality of lift could be an impact.
*
Chris boss, Simfoni is 28 units per floor if not mistaken. Do you think there will be a stress on the lift service, especially during "peak hour"? hmm.gif

This post has been edited by samkps: Sep 21 2015, 03:58 PM
samkps
post Sep 21 2015, 04:17 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Princezz @ Sep 21 2015, 04:04 PM)
I did not even ask them. Since they are senior staff of Ecoworld, I just take it at face value. Even if they explain, I will not understand as I don't even know the place well. Maybe since Brighton is to be launched soon and Ivoris is a foregone history, they conveniently said They prefer Brighton.

I am seeking advice from all the taikor here who know the place better to get an independent view. I also also waiting for SEH to launch their phase 2 and hopefully it is still affordable by then.
*
Oic, thanks for enlightening.

I am hoping to get more insights about the Brighton in comparison to Ivoris as well, as from my understanding the location of Ivoris seems in better position to capture the residents from the township. Brighton would have slight advantage of its close proximinity to the Rumah SelangorKu/Medium cost apartments and a school (in future), other than that it seems fairly isolated to me.

SEH taipan phase 2 should have more shoplots units than Taipan, so presumebly higher chance for public to grab a unit. But as you said, affordability would be another issue that may turn away some potential purchasers. Let's see how it goes.
samkps
post Sep 21 2015, 04:21 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Chris Chew @ Sep 21 2015, 04:18 PM)
Sam Kor, hmm, personally I didnt see a big issue here, given that the stress was being an owner of a RM 100k apartment in a modern township albeit, it was Rumah Selangorku. If lift would be an issue, the buyer even couldnt consider a medium end condo ( with double ceiling of the Simfoni's low rise 11 floors ) or even a 30-35 storey condo with 4-5 times price higher.

For a block of 11 storey cum 28 units per floor structure, given an occupancy of 90% of 308 units, during peak hour, it wont take much longer time than a multiple storey blocks as the timing of a busy lift to travel each floor from 11 floor to 1st floor and upward back to 2nd and simultaneously 11th floor is a 21 times travel with a max of 21 minutes. It's equivalent for a 30-35 storey condo and I wont assume each floor taking the lift at a same time, let's divide 2.

For most of the condos that I myself heavily know of, say med end worth RM 400-600k now, the time consuming of 3 lifts servicing lesser floors were better off multiple numbers of the floors.

Predictably, in behavourial of RM 100k owners, most of these people would be young age at btw 21-28 and these occupants who stay at level 1-3 woudnt mind to take staircase to reach their car park or, perhaps I more expectedly, they are carrying their helmets to their 2 wheels bike.

I not sure which 3 lifts apartment, can be so heavily traffic at the hour of 8am and 6-7pm.
*
Good analysis, thanks Chris Boss. notworthy.gif
samkps
post Sep 21 2015, 10:16 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Jasoncat @ Sep 21 2015, 07:10 PM)
Chris boss, great analysis.
I'm of the view that Gentlebre plus Noblegate together provide inadequate volume (more so these are dedicated to be high-end precint which is ecpected to have lower density) to support the commercials at Brighton though this will be largely compensated by the large number of residents from Velveton and the nearby residential area in Kesuma.  Of course the schools nearby there do help.  For any location further (out of EM township), I may have doubt whether the people will drive in to the East Gate or will just drop by the shops along Jalan Semenyih for the sake of convenience.  Further, looking at the masterplan, the Velveton is also deemed next to Ivoris, thus I just can't simply assume people stay in Velveton will come to Brighton - perhaps 50% to 60%?

Other factors to put into consideration is the type of biz that one expect will sustain in the vicinity and the expected targeted crowd (diff spending power) that will be pulled in which may in turn affect the rental yield and capital growth.  In this respect, Brighton is located between the precints with residents of strong (Gentlebre, Noblegate) and relatively weak (Velveton) spending powers. So what will be the biz mix then is sth quite interesting to me.  Just for instance, will a Starbucks or Ah Kau kopitiam survive better there?  I tend to believe more typical local brand will be there, based on the residents composition.

Notwithstanding the above, I'm still considering... of course if given the chance and budget allows.
*
Jason boss, I share your sentiment.

Gentlebre is vacant bungalow land after VP and from my perception hardly to attract residents to build the house and move in straight after the VP. As a matter of fact, I presume they only will come in when the township already in shape, with most of the amenities / commercial entities already in place. Noblegate on the other hand we still unsure the type of development, number of units / density, and most importantly when it will be launched. I heard tenderfield precinct till date still have some units unsold. Mellowood Parkhome would be the EM main focus for at least the future 6 months and under current market sentiment, shall EM push forward the Noblegate units as well? There are just too many unknown.

Relying the residental area in Bandar Kesuma Barat to chip in for the commercial activity in Brighton is just too risky. There are two rows of 1 storey low cost shop in front of this residential area in the past 5 - 10 years, but till date they are still half vacant.

I presume the sustainability for Brighton shall rely heavily on the the low/medium cost apartments in the Velveton precinct, at least for the first 3 - 5 years after the VP.
samkps
post Sep 22 2015, 04:49 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(wong8981 @ Sep 22 2015, 04:42 PM)
in term of distance to KL it almost similar to semenyih ? anyone is familiar with this new project that i think gonna happen soon soon soon ?
*
Next to hillpark and puncak alam Shah Alam, not far away Setia Alam.. hmm.gif hmm.gif

2198.40 acres, size is huge... Problem is the land is scattered.. hmm.gif

This post has been edited by samkps: Sep 22 2015, 04:52 PM


Attached thumbnail(s)
Attached Image
samkps
post Sep 22 2015, 04:54 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Jasoncat @ Sep 22 2015, 04:33 PM)
Thanks Wan83 for the heads up!

Eco World buys 26 parcels of land for RM15b township in Kuala Selangor
http://www.theedgeproperty.com.my/content/...-kuala-selangor
*
If following the tradition, there should be new infra from this landbank to Gutrie / LATAR..
samkps
post Sep 22 2015, 04:56 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(rickyro @ Sep 22 2015, 04:40 PM)
The size of Kwasa Damansara  biggrin.gif
*
hehehe, Kwasa is not very far away from this land..
samkps
post Sep 22 2015, 05:03 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Jasoncat @ Sep 22 2015, 04:54 PM)
Kwasa is in 1 piece right?
Not sure EW's ones are in 1 big piece or in few pieces (I believe so) as there are 3 developments involved - a township named ‘Eco Gardens’ (1,400 acres), an integrated and gated industrial hub ‘Eco Business Park V’ (518 acres), and an affordable homes’ portion to be known as ‘Laman Indah’, which will be built on the remaining 280 acres.
--------------
Post #1252 by Samkor confirmed land in few pieces.  Network problem, very slow in sending...
*
Perhaps following are the distribution of these 3 developments... hmm.gif hmm.gif


Attached thumbnail(s)
Attached Image
samkps
post Sep 22 2015, 08:22 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
Billing 2B (15%) for Cradleton unit already out.... sweat.gif sweat.gif sweat.gif
samkps
post Sep 22 2015, 10:35 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(MiracleLucky @ Sep 22 2015, 10:17 PM)
And also WCE
*
Erm.... maybe also...
samkps
post Sep 22 2015, 11:33 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(MiracleLucky @ Sep 22 2015, 10:37 PM)
In my opinion, DASH is key to Eco Garden. It will bring PJ ppl to move to North-West of Klang Valley. From Damansara Perdana link
*
Boss, any update on DASH? Heard currently on hold? hmm.gif hmm.gif

http://www.theedgeproperty.com.my/content/...partly-approved
samkps
post Sep 23 2015, 08:49 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(MiracleLucky @ Sep 23 2015, 12:15 AM)
Ya it's temporary setback. For sure DASH will proceed but it's a matter of when construction will begin. DASH is a vital link. If it's really not viable, Azmin Ali would have already shelved DASH long time ago just like KIDEX. Kwasa Damansara and North-West are growth areas and this is evident from the numbers of highways and MRT being built in those areas. I think he is trying to find a solution to appease Damansara Perdana and Mutiara Damansara residents.

Assuming that there is no hiccup to the completion of the SPA by Q2 2016. This project is ready to go by end 2016. And again assuming the 1st phase handover of residential units in three years time. By the time, DASH would have already been completed.
*
Great.. The connectivity of the Eco Garden can greatly improved then... rclxms.gif rclxms.gif
samkps
post Sep 23 2015, 09:33 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(MiracleLucky @ Sep 23 2015, 09:06 AM)
Good Morning to all bosses, here is my take on Ivoris and Brighton

If money does permit, get both Ivoris and Brighton. And yes, Ivoris is sold out. That said, even with money doesnt guarantee u a unit. Unit selection is thru balloting due to the limited number of units available for sale.

My vote will go to Ivoris. Do allow me to elaborate further. Predominantly in most township development, there is a commercial nerve center which acts as a 'heart beat' to the whole township. In fact, we can draw examples from the likes of SS2, SS15, USJ Taipan, Kota Damansara(Dataran Sunway), Bandar Puchong Jaya(shoplots near IOI Boulevard), Bandar Puteri Puchong(shoplots near PFCC and Giant) etc etc

Again if we were to look at Setia Alam, the same trend repeats itself. The "heart beat" is in Setia City Mall. Although, there are cluster of shoplots located in different locations throughout the township and those businesses are faring ok ok only except for Setia Prima(shoplots with Oldtown and Starbucks) which are faring relatively better. From what i can see, SP Setia did a 'mistake' by locating Setia Prima(Oldtown and Starbucks) too far away from the "heart beat". In fact, the so-called 'mistake' had been acknowledged by EW SA during one of my conversations with them.

So now coming back to EM, the learning from Setia Alam has been transplanted in EM with the whole idea of having most commercial entities in one area which is Silver Square. Herein all commercial entities will fall into one place ie Ivoris, shopping mall, convention centre, clubhouse, medical centre, hotel and office towers. Likewise, all these different business entities will add value to each other. Businesses will be able to offer a myriad of products and services. There will be synergy because each entity will draw different people to congregate in one place. Convenience is the key for all residents.  

Furthermore, Ivoris and Silver Square are strategically located at Lekas interchange. Whereby all the daily ingresses and egresses will take place. In order for commercial property to thrive, it needs high traffic to stay vibrant. As far as businesses and banks are concerned, i am very certain they will be located in Ivoris. Ivoris will attract grade A tenants to come in ie banks, restaurants, branded cafes, branded furniture shops, car showrooms. And these are the businesses that we are talking about which can pay top dollar to secure a nice lot. Typically when banks sign a lease, it will be for 10 or 20 years and they hardly budge. Banks are themselves also business entity. Thus they not only cater to residents but also to the businesses in Ivoris who also need banking facilities. Businesses come in, banks come in and eventually breed more confidence for more businesses to come in. Self-fulfilling cycle will churn and Ivoris and Silver Square will be the new 'hub' in EM and the whole of Semenyih.

Normally, banks are a good economic indicator of whether an area is thriving or not. I would not be suprised if there are already agents scouting and paid earnest deposit to secure preferred lot especially corner lots(restaurants, cafes, foodcourts and tyre shops) hmm.gif  hmm.gif

Ivoris is not only limited to medium to high income residents but to low income residents as well. On the other hand, high percentage of Brighton's market catchment will be limited to low to mid income residents. If Velveton is really that high potential, why EM didnt place Silver Square there in the first place? By no means am I throwing any insults to all future Velveton residents, my purpose here is just for educational and investment discussion. My sincere apologies if i have ruffled some feathers.

Touching on Brighton, the potential is relatively lower than Ivoris. Market catchment consists of low to medium income. Mainly cater to Velveton residents and nearby Pelangi and Kesuma residents. Most likely ur typical mom and pop businesses and Grade B will come in. This put to stamp that Brighton will be very similar to the Tesco Semenyih shoplots where the businesses are just surviving. This is inherently evident of Semenyih demographics and spending power. And voila you will have a "Mini Semenyih" in Velveton. There isn’t any real ‘pull factor’ for the other EM residents to visit Velveton and all the more for them to just go to Ivoris and Silver Square. Do take a slow drive around Tesco Semenyih and observe.

Even for the mid to long term, Ivoris will still fare better than Brighton in terms of rental yield and capital appreciation.

I would like to end my lengthy 'thesis writing' post with a big thank you to those bosses who have taken their time to read till the end. Hehe. Hope it doesnt bore u till sleep. Hehe 

All of the above are just my RM2.6b cents worth of humble opinions. Feel free to 'donate' more.
*
rclxms.gif rclxms.gif rclxms.gif

Bro, 2.6b cents can let you sapu 10 shops in Brighton liao... tongue.gif tongue.gif

Tesco Semenyih and its vicinity shoplots from my opinion somehow still can perform better than Brighton. First, they are just beside Tesco hypermarket, attract people to come over for daily groceries shopping, while Brighton just close to some medium size factory. Don't forget Econsave supermarket shall be opened in the Rinching Business park, which is just beside the Tesco Semenyih as well. This again will serve as a pull factor to lure the residents to come over for daily shopping as well. Not to mention Setia Ecohill Taipan that shall be ready in 2-3 years time. This area shall serve as the center of commercial activity in Semenyih for sure, at least for the coming 5 - 6 years...

Second, shoplots around Tesco Semenyih cater for the needs of residents who purchase houses in Pelangi Semenyih 7 to 8 years ago with double storey starting from 170k - 300k, which currently have occupancy rate more than 90%... Their earning power definitely is much better now. Yesterday I have a chance to have my dinner at the newly open chinese muslin restaurant - Sharin Low. It's almost full house during 7pm, many families are having dinner there. Their pricing is no way close to any fine dining of course, but also reasonably higher than then common mamak store or mix rice shop. One plate of fry rice for example is ranging from RM 8 - RM 10.

Third, SEH phase 1 will be VP this year. Huge population surge in the coming 6 - 9 months is a definite now. Currently, the closest commercial center near to SEH would be those shoplots around Tesco Semenyih. I pretty sure this will cause a sudden surge on commercial activity within this area.

Brighton on the other hand, still long time to go and lack of such boosting factor.

This post has been edited by samkps: Sep 23 2015, 09:33 AM
samkps
post Sep 24 2015, 10:34 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(MiracleLucky @ Sep 23 2015, 10:46 AM)
Bro Sam

How i really wish that i can easily sapu 10 shops in Brighton. With such a huge amount of money, my investment decision will be very simple and straightforward. Not need to think for days and nights and burden my little brain with painstaking due diligence. Simply 'tikam' so to speak.

You know what, i really have a strong sense of pride in u. Even on a Monday at 7pm, u r still hanging around in Semenyih doing ur survey. Always ready, always willing to update us with latest market info. Indeed a very sharp eye for observation.

BTW, just to sidetrack a little bit ya. Hows the food quality at Shahrin Low compare to our normal non halal chinese restaurants? Anything nice to recommend ah? I have never tried it before. Talking about food makes my tummy grumbling now. Hehe.

May i know what type of ethnic group dine in yesterday? And i also notice that u mentioned "NEWLY'' opened. Could it be an one-off thingy that perhaps last one to two months? As we Malaysians are famously known for our food cravings, we typically like to explore new restaurants and new cafes opening. Could i safely say that the business volume will taper off in say about 3-4months time? So to assume that the business is doing well, is a over-statement and not really a true reflection of the spending habits of Semenyih ppl? Yes? No?

And what is your observation of the business activities around Tesco Semenyih at 7pm?. Bro, pls 'donate' more ya.  biggrin.gif
*
Boss, I don't have 2.6 billion cents also, in here only blow water only, but 2.6 billion saliva drops also dun have.. sweat.gif

Whether the crowd is "new toilet effect" or not I am not very sure.. I presume the shop just open less than a month.. Perhaps I will pay another visit end of the year, to let know you the outcome.. brows.gif

The only thing I can see the occupancy rate of the shoplots around Tesco is extremely high, easily more than 85%.. I don't think this will be the condition if the shop business are just merely fighting for survivor. Sen Heng electrical shop already there for more than 5 years now, and there are a few electrical shops in the same area as well, presumebly requirement is there..

This post has been edited by samkps: Sep 24 2015, 10:36 AM
samkps
post Sep 24 2015, 10:35 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(PrincessCG @ Sep 23 2015, 10:37 PM)
Billing so fast? Havent get ready the money yet.....😨
*
70% loan? Otherwise just let the bank get ready with the money then okay ald.. tongue.gif tongue.gif
samkps
post Sep 25 2015, 08:33 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(restful increase @ Sep 24 2015, 07:39 PM)
Mellowood Parkhomes. Starting price looking at rm900k. The advantage of Mellowood Parkhomes is that the front of the house ie the living hall and kitchen will be facing the greens and not a road like a normal terrace house like Merrydale. So for families with young children it will mitigate the danger of a child running out and being runned down by a vehicle.
*
Thanks for sharing...

"Living hall and kitchen will be facing the greens" - is that means both or either one will be facing the greens? hmm.gif

"mitigate the danger of a child running out and being runned down by a vehicle."- I presume both Cradleton and Merrydale come with external gates? hmm.gif hmm.gif
samkps
post Sep 25 2015, 08:42 AM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(restful increase @ Sep 24 2015, 10:14 PM)
The salesperson told me they are looking at min gross price of rm900k for the cheapest unit. They have not finalised the rebate amount yet. So after the rebate it may drop to a nett price slightly below rm900k (this is just my guess). When i told him, it sounded expensive for an intermediate terrace hse, the salesperson highlighted that the parkhomes has its advantages over a normal terrace hse in terms of safety for children and also every new phase launched, there will be a slight increase in pricing premium. That was how he justified the rm900k price tag. Anyway on 25 oct, Chang khim wah (CEO of Ecomajestic) and the renown Joey Yap will be giving a talk on the uniqueness of Mellowood and this may form the justification of its heftier price tag. For those who wanna know more on how Mellowood stands apart from the previous launches, do make a beeline to the talk held at Ecomajestic sale gallery on 25 October.
*
So, the following pricing plan shared by Jason Boss still valid? hmm.gif

7A: 20x70
7B: 22x70
7C: 22x80; built-up: 2688sf; indicative price: RM888k
7D: 24x80; built-up: 2910sf; indicative price: RM960k (received diff info of RM930k too)

hmm.gif hmm.gif

By the way, this pricing makes Ecohill superlink looks so price worthy. RM100k extra already can let you get a corner unit of the Grandlis superlink in Precinct 3.. sweat.gif sweat.gif

Anyway, anyone knows if there is any leftover units and pricing in tenderfield? hmm.gif hmm.gif
samkps
post Sep 25 2015, 03:50 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(Jasoncat @ Sep 25 2015, 03:40 PM)
Sth long anticipating will be revealed soon.....
*
How nice if this "something" is referring to Silversquare... drool.gif drool.gif
samkps
post Sep 25 2015, 04:13 PM

10k Club
********
Senior Member
15,454 posts

Joined: Nov 2011
QUOTE(shadowofevil @ Sep 25 2015, 04:03 PM)
The
SRJK©? =p
*
Jason taikor likes to create suspense... tongue.gif tongue.gif

13 Pages « < 6 7 8 9 10 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0477sec    0.36    7 queries    GZIP Disabled
Time is now: 8th December 2025 - 08:56 AM