Merrydate Parkhomes, sounds OK for me.
May i ask, landed houses or medium cost apartments?
Thanks.

Boss, Mellowood I presume?

My thousand apologies - it's Mellowood Parkhomes. Landed.
Merrydale is the precint launched Nov last year - DSL.

You are absolutely right! My bad
I probably already in long holiday mood...

Landed

Bro, any indicative of the price?

You may refer to my post #782 @ page 40 in this thread.

Heard they are launching phase 2 of commercial. 1st phase kena sapu habis habis. Any views whether can invest or not?

Yeah the coming one is called Brighton. Only 46 biji - given the limited number of units, likely not open to public but not confirmed yet.

walau, with slow down in the property mrk, eco majestic still selling like hot cakes. ooh ia boh?

EW's Penang project, Eco Meadows that was just launched last week achieved 80% take-up / booking on the 1st day - according to the forummers. Hehehe... powerful!

yeyyy

Any coming up function or event?

Thanks Bro. Not too familiar with the potential of the whole place. Assuming we are able to get a unit in Brighton, you think rental yield is likely to be good? Any guess? Yes times are bad now and for that I believe the developer will not simply price their products so not to chase away the genuine investors. Their 1st phase I heard was selling at RM1.3mil for 24x80 double storey. Cheers!

The "1st phase" of the commercial lot is Ivoris, starting from RM1.39M. Location wise, I prefer Ivoris which is next to the Silver Square - the heart of the commercials of EM township. Ivoris, for some reason I miss the boat though I wanted it.

For Brighton, I have reservations about its location which seems to me "sidelined" from the centre of commercials of the township. Nevertheless, those staying in the thousand units of apartments in Velveton precint near Brighton, other nearby precints and out-of-EM housing areas like Kesuma may frequent the shops there more often. Another plus point is schools are nearby too. However, accessibility wise, as Brighton is located near the entrance into EM from the East Gate, it loses out to Ivoris which is likely to see more traffic flows from the EM interchange (once ready) and North Gate, and probably from SEH2 once SEH2 developed. The Ecohill Link starts from SEH, cuts through EM (from North Gate) and will continue to SEH2. Basing on this, I expect / wish Brighton will be priced not higher than Ivoris but seems I'm wrong.

Rental yield, I conservatively estimate 4% - 5% for Brighton, not attractive but I do consider the capital appreciation too.

Your thought?

Purchasers, the inaugural conference of Eco World @ Eco Majestic!


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bro u going?

Yup
You?

Wah thousand apologies
Well, any rough dates for the launch of Mellowood then?

What I gathered is very likely early October.