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

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Princezz
post Sep 21 2015, 07:55 AM

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QUOTE(Jasoncat @ Sep 21 2015, 07:34 AM)
That one I don't know but I think they may start launching part by part the Silver Square. This year they still have 2-storey shophouses (Brighton) to launch  rclxms.gif
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46 units starting from RM1.7mil in Semenyih for a 2 storey shophouse is really mind boggling. My friend bought Taipan at Ecohill recently for RM1.8 mil but 3 storey 28x75. Is Ecoworld over pricing their shophouse just because there are good demand for shophouses in this new growth area? Heard Ecohill will also be launching their phase 2 commercial next year, next to Taipan, concept wise similar to that of Setia Walk in Puchong. Maybe they too will revise their pricing if Ecoworld is successful in selling their Brighton.

Longer term, I think commercial got good prospect in Eco Majestic and Ecohill due to the large natural catchment area but with such pricing, are there better bets else where? In fact I am have been looking around for shophouses to invest. I hv checked Seremban 2, Sendayan, Melaka, Rawang, Melaka and now actively Semenyih. Now narrow down to Seremban 2 and Semenyih as both are new growth areas. Unfortunately prices have shot up in the last 12 months. cry.gif cry.gif cry.gif
Princezz
post Sep 21 2015, 10:56 AM

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QUOTE(Jasoncat @ Sep 21 2015, 08:26 AM)
Hmm... confirm starts from RM1.7M? Earlier heard the entry was RM1.6M  hmm.gif
I do share the same view on the prospect of the commercials in EM and SEH but I still have reservations on the location of the commercial units (Brighton) EM going to launch, more so when they price it higher than Ivoris which appears to me more suitably located.  I have limited bullets - if to invest commercials in a already successful area, very likely it is beyond my capacity.  So, commercials in a rather new township which I have strong conviction of its potential is a more possible choice for me. 

Relatively, 3-storey shophouses at RM1.8M seems a better deal vis-a-vis RM1.7M of 2-storey.  Having said that, I still think that 2-storey is enough in Semenyih.

Seremban 2 - Plazo, when they launched, have you thought about it?  The next launch heard very likely next year...
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From very reliable source, yes, it is starting from RM1.7mil. I do not know EM layout well enough to comment but many Ecoworld top guns whom I spoke to seemed to prefer Brighton location to Ivoris. Many of them hv reserved Brighton. I am really sceptical about the yield. Like u, I am only looking at new growth area as it is more affordable and better chance to make a bit more but prices are getting crazy especially from reputable developers.

Would you consider buying Brighton if you are given one? I liked Taipan a lot due to the very cheap entry price and location. Unfortunately, cannot get one. Waiting to see how they price phase 2.

For Plazo, Seremban 2, in fact I went to their sales office on the day of launch, very early in the morning some more like 6am. I saw a long queue for a limited units available. Was told that all units of the 2 main road and residential area fronting rows were all sapu by internal and their associates. My cousin, who has connection in IJM got a unit facing main road at close to RM1 mil per unit. At that time, I thought it was a very high price to pay but now it looks like a steal as I heard from my colleagues who are staying in Seremban, the location of Plazo is superb. I did not get one as I did not bother to stay on as the queue was long.

Looks like demand for shophouses is still hot.
Princezz
post Sep 21 2015, 04:04 PM

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QUOTE(samkps @ Sep 21 2015, 02:28 PM)
May I know why the the EW top gun prefer Brighton location more than Ivoris? Perhaps its closimity to the 3 plots of apartments?  hmm.gif

IMHO, Ivoris location is more strategic compare to Brighton if we look at the whole masterplan. But if we look at the whole masterplan of Semenyih and Beranang, Ecohill Taipan is the most strategic after all. So, congrate to your friend who able to secure a unit there.
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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.
Princezz
post Sep 21 2015, 06:56 PM

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QUOTE(Chris Chew @ Sep 21 2015, 04:38 PM)
Hmm, perhaps below is my small opinion.

On the masterplan, it looks The Ivoris have the upper hand compare to the Brighton, where the Ivoris was located to the exact commcerialized areas, all precincts within EM, neighbourhood of SEH2 and the accessibility of the new LEKAS interchange.

However, I feel both have their own reasons to take a look on.

The Ivoris, looks a grab on before where there are no such pricing of a commercial shop for below 2mil launched in 2014 or even early 2015s. The definition of potential is there due to surrounding suburbs and expectation of the housing area were all min RM 600k onwards, scale to RM 1.2mil averagely of Tenders, before the upcoming potential of current commercial plots next to itself.

The potential is there, but yet to mature and most purchasers would assume and ponders it could be estimated a wait of 5 years from now for potential capital hike and a projected 10 years could be handsome or lucrative payoff where on going projects are tentatively to be matured after 5 years of completion ( Gentlebre, Cradleton, Merrydale, Tenderfields shall be 8 years completed upon 2024 projection )

The Brighton, the 2 rows of the shops with a target segment of low to medium term with panic button "exit", is targetting the future of Gentlebre ( slower pace, due to self built bungalows ), higher end Noblegate ( expected could be semi-ds, or else, mil dollar cluster or superlink / parkhomes ) and mixed it with the crowds of Simfoni, Karisma and Harmoni, thus this cluster would have more occupancies / crowds within 5 years from now and let's taken into consideration that, the folks / crowds from the maturing on Jalan Semenyih / Jalan Kesuma are easily accessible to the Velveton or the area of The Brighton.

IMO, The Ivoris is tend to be greater and outer profit or potential with the longer period to hold, but The Brighton holds the current potential of the mass marketness compare to The Ivoris and falls under the segment of medium term btw 5- 10 years. I expected The Ivoris would be clear cut if the SilverSquare would be successful upon 10 years project and surely, lower entry price compare to Brighton.

If the Brighton purchasers are the quality of The Ivoris holding power, there would be no fire sale and my quick ponder would be are they selectively to choose their tenants or just simply rent out to cover monthly interest? Eloese, if these buyers able to pull on the mass market business, The Brighton would be a success ahead of Ivoris before 2020.
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Fantastic analysis Chris. I am impressed. I was about to discard Brighton from my investment list. In fact Ivoris on the surface looks cheaper starting from RM1.4mil but it's main road facing units were priced at RM1.68 mil, so it is quite the same. Don't know the layout plan of Brighton. Maybe more superior. I will pursue this opportunity more closely. I suspect yield may be low, in the region of 3-4% even after 5 yrs. What do u think?
Princezz
post Oct 11 2015, 08:25 PM

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QUOTE(Jasoncat @ Oct 11 2015, 07:50 PM)
Front boss smile.gif
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Jason kor, I envy u having secure front row choice unit. I went in the afternoon and front row all gone and some of back row units were taken. I have expected the response to be overwhelming. Actually, I hv expected full take up. That is why I did not even bother to ballot. Were there a lot of people during balloting? Did people see something that we don't see? I am thinking twice about buying now. Any advice?
Princezz
post Oct 11 2015, 09:47 PM

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QUOTE(Jasoncat @ Oct 11 2015, 08:53 PM)
Boss, the people around in the balloting room today is enough to clean up the stock.  As I mentioned earlier, some were there to aim for the corners which were so quickly taken.  Some might just like you only wanted to aim for the front row or specific unit.  But seeing their choice units gone, they probably just gave it a miss which explained the balance at the end of the day. 

Back rows are not totally without any advantage.  Bear in mind there are nearly 4000 units high rise in Velveton which provides a good support for Brighton.  Just do a math you will know it needs how many precints of landed to match the figures for Velveton.  Further the schools will be a crowd puller too.  Those reside in EM will likely drive pass the shops at the back rows to send their kids to the school. In fact of the choice units of mine, I have reserved few at the back rows.  There were some comments / views from some other TKs in the earlier posts but you need to flip through a bit sweat.gif

Just my RM0.02.
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Tq bro for the insight. U reckon Brighton will be sold out soon? I need more motivation to buy....
Princezz
post Oct 13 2015, 10:04 PM

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QUOTE(jhbey @ Oct 13 2015, 03:57 PM)
Bro lucky, me just kicimiao tkc which wish to stay at a better and safer environment. Like bro gftan said, middle income will become poor level.
The tolls seriously will burnt a big hole of our pocket. This only current rate. Imagine after VP on 2018 or 2020, increase again another 50 cents or 80 cents or RM1, seriously cost a lot! And 1 family is not only 1 car.
I wish my Salary increase 80% like silk highway toll hike also leh, so that no need to ride kapchai.
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Like that it is better not to buy Ecoworld property, buy highway concessionaires shares better since we know toll rates guarantee going up...Aiya so demotivating...baru hot hot talk about how wonderful investment in EM and SEH properties, come a big bucket of cold water. Tell ourselves, Impact of toll is so negligible compared to the gain we will be seeing in 5 yrs time. Don't let toll distract us. rclxm9.gif rclxm9.gif rclxm9.gif
Princezz
post Oct 16 2015, 07:23 AM

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QUOTE(wong8981 @ Oct 15 2015, 01:01 PM)
biggrin.gif
If only there are corporates and the queen get a job and the queen prefer EM over ES wink.gif
Currently prefer ES  icon_rolleyes.gif
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My king going to rent the shop at Brighton from Jason Kor to operate a mamak store. Still looking for a teh Tarik sifu. Your queen may want to consider taking up the post and work for my king. Everybody happy. After work, you, your queen, me, my king and landlord Jason Kor can yam Seng together at the EM park...win, win, win rclxm9.gif rclxm9.gif rclxm9.gif
Princezz
post Oct 16 2015, 10:56 AM

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QUOTE(Jasoncat @ Oct 16 2015, 08:27 AM)
Samkor, next time you come minum kopi susu count on me  tongue.gif
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Landlord gets to drink free. His friends 50% discount. TGIF.
Princezz
post Oct 18 2015, 11:48 PM

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QUOTE(samkps @ Oct 18 2015, 10:46 PM)
Jason boss, the SRJK location is confirmed on the plot opposite to Brighton?
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That is why Jason die die also must buy Brighton. Hope the students, their parents and school teachers will come and patronage my mamak stall. Down stairs open mamak stall, upstairs open tuition centre. Sure good biz. Looking for tuition teachers? Anyone want to work part time as teachers? drool.gif drool.gif drool.gif
Princezz
post Oct 19 2015, 07:10 AM

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QUOTE(MiracleLucky @ Oct 19 2015, 12:18 AM)
Any vacancy for office boy? I mau apply.
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Overwhelming response for office boy and tea lady job. 1 vacancy each but received 500 applications. Decided to adopted EW's strategy. Pls come on 25/10, we will decide who gets the job by balloting. All the best! Bring along RM10 cheque for registration. thumbup.gif thumbup.gif thumbup.gif
Princezz
post Oct 19 2015, 03:18 PM

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QUOTE(Jasoncat @ Oct 19 2015, 12:56 PM)
So far I still haven't received call from EM for an interview on my application for the tea boy job cry.gif
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Jason kor, you are my landlord so no need to go through balloting. I will give you priority to choose between the office boy or tea boy job. After you hv chosen, then I will do balloting for the other job. Again learning from EW mah. Let associates and internal staff choose first.

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