if for investment, then no problem to delay..
since ekovest is public listed,
then should be no problem.
it wouldn't abandon.
buyers can get lad kau kau.

for own stay buyers who still renting will be more difficult
since want to pay rental and loan interest.

i dont know this project got DIBS or not?

This post has been edited by kenlaw72: Jan 18 2017, 08:41 AM

With Dibs....
It will be one of the very last vp projects with dibs

Good for you and the investors.
So saving the gain for mytown residence?

Then good, later then better.
no need to serve interest and get lad kau kau.😊

This post has been edited by kenlaw72: Jan 18 2017, 11:43 AM

can't believe they let the project to delay for such a long period

Calculating number of floors per a period of time is a good way to predict. (Understand need to buffer a few months of paper works from/wuth authority)
In fact buyers in the chat group have prepared to be later than Jan-2018...May have more predictions later.

actually shopping mall need more time to completed.
i think quite difficult to completed by 2018.
End of 2019 to 2020 may be posible.
most of the project need to completed
at 2018 already reach top floors. like ytl fennel.

This post has been edited by kenlaw72: Jan 18 2017, 01:34 PM


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i believe buyers have options of dibs with more expensive price or no dibs with lower price.

actually the project is not delay as delay no work at all......this is due partly I believe is the inexperience in part of ekovest as developer.

when they started selling the soho and apartments, their master plan was only shoppes and retails in open space concept....then later they decided to have a proper mall instead of open concept...reapply for master plan changes, putting in the right foundation and etc........all these have caused the delay.....

I am not sure if ekovest will apply to DBKL to extend the spa period of 4 yrs to further since there has been fundamental change in the project.........hope not otherwise LAD value will be affected.

Are they newbie in property field?
I thought they are very experience developer because they got so many big projects from gov
It reminds me to Netizen projek in Bandar Tun Hussien Onn, now their whole project suspended/ canceled

1st time as developer.

they are highway builder......

A debut mixed development by EKV like EKC, has a critical reputation to build also, such that ppublic have good impression or faith in EKV's subsequent projects.

which developer so generous want to pay lad.most probably they will get extension fr dbkl to avoid lad.

Knowing they so buddy buddy with govt......i trust they will...

The extension is required from kpkt....

A developer of a delayed project in kuchai lama managed avoid paying lad by getting extension fr authority.

Ya. This company Najis Got shares.

LAD issue aside for a moment.

on the bright side, the market is super slow now, and MRT line being one of the main catalyst for the mall's success, it needs time for reasonable amount of people to start taking MRT instead of driving, so VP later this year might not be good idea than VP 2019 or so.

even for own stayers, high turn over in mall tenants has more cons than pros in long run.

This post has been edited by lamode: Jan 20 2017, 11:58 PM

You have more to lose in paying interest if the project delayed.

how come?

LAD is 10%, loan interest is around 4.5%....how to lose if you got LAD?

all the best if you hope for lad.