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.

Can you elaborate more details losing in paying interest if the project delayed, if there is lad?
Would like to assess in case there is something we didn't see... Thank you.

Check this out.

http://asklegal.my/p/hba-sues-housing-mini...delayed-project

agree....timing is everything

Thx.... Noted the EOT vs LAD case.
Will see how it goes. Any court verdict?

i think there was about close to 10 cases being manupulated by this housing ministry....and u know who was at helm the LAN fella...100% developer protectionist
and guess who started this trend? Again the same suspect that started all the bad practice

A developer that make:
resi but make it office title, so buyers not protected at all
VP with nothing ready so that buyers can DIY and complete it urself
Warrant period ended b4 it even started where no one is there to do it for buyer
pigeon hole trend started by them with no facility no car park
compulsory everything use their only 1 lawyer, no nego and no disc
super loopsided SnP where starting date is not stamping date..6, 9 months after authority approval, or completion of ground work
TOTAL control of JMB by dev and do as what they like ....
.....men so many more

This post has been edited by Donald Trump: Jan 21 2017, 03:10 PM