Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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 Jan 18 2017, 08:17 PM
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5,948 posts Joined: Oct 2013 
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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.
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Jan 18 2017, 08:59 PM
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Junior Member
373 posts Joined: Dec 2016
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QUOTE(BEANCOUNTER @ Jan 18 2017, 02:13 PM) i believe buyers have options of dibs with more expensive price or no dibs with lower price. which developer so generous want to pay lad.most probably they will get extension fr dbkl to avoid lad.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.  |
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Jan 18 2017, 09:11 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(LaBoost008 @ Jan 18 2017, 08:59 PM) 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... |
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Jan 18 2017, 09:15 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(LaBoost008 @ Jan 18 2017, 08:59 PM) which developer so generous want to pay lad.most probably they will get extension fr dbkl to avoid lad. The extension is required from kpkt.... |
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Jan 18 2017, 09:59 PM
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Junior Member
373 posts Joined: Dec 2016
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QUOTE(BEANCOUNTER @ Jan 18 2017, 09:11 PM) Knowing they so buddy buddy with govt......i trust they will... A developer of a delayed project in kuchai lama managed avoid paying lad by getting extension fr authority. |
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Jan 19 2017, 10:03 AM
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2,165 posts Joined: Jul 2013
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QUOTE(BEANCOUNTER @ Jan 18 2017, 10:11 PM) Knowing they so buddy buddy with govt......i trust they will... Ya. This company Najis Got shares. |
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 Jan 20 2017, 11:57 PM
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3,902 posts Joined: Jul 2007
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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 |
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Jan 21 2017, 11:23 AM
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Junior Member
373 posts Joined: Dec 2016
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QUOTE(lamode @ Jan 20 2017, 11:57 PM) LAD issue aside for a moment. You have more to lose in paying interest if the project delayed.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. :thumbsup: even for own stayers, high turn over in mall tenants has more cons than pros in long run. |
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Jan 21 2017, 12:16 PM
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All Stars
20,146 posts Joined: May 2011
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QUOTE(LaBoost008 @ Jan 21 2017, 11:23 AM) 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? |
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Jan 21 2017, 01:12 PM
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Junior Member
373 posts Joined: Dec 2016
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QUOTE(BEANCOUNTER @ Jan 21 2017, 12:16 PM) how come? all the best if you hope for lad.LAD is 10%, loan interest is around 4.5%....how to lose if you got LAD? |
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Jan 21 2017, 01:45 PM
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Senior Member
5,948 posts Joined: Oct 2013
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QUOTE(LaBoost008 @ Jan 21 2017, 02:12 PM) 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. |
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Jan 21 2017, 02:11 PM
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Junior Member
373 posts Joined: Dec 2016
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QUOTE(Jagalat @ Jan 21 2017, 01:45 PM) Can you elaborate more details losing in paying interest if the project delayed, if there is lad? Check this out.Would like to assess in case there is something we didn't see... Thank you. http://asklegal.my/p/hba-sues-housing-mini...delayed-project |
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Jan 21 2017, 02:36 PM
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Senior Member
1,686 posts Joined: Aug 2011
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QUOTE(lamode @ Jan 20 2017, 11:57 PM) LAD issue aside for a moment. agree....timing is everythingon 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. :thumbsup: even for own stayers, high turn over in mall tenants has more cons than pros in long run. |
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Jan 21 2017, 02:44 PM
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Senior Member
5,948 posts Joined: Oct 2013
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QUOTE(LaBoost008 @ Jan 21 2017, 03:11 PM) Thx.... Noted the EOT vs LAD case. Will see how it goes. Any court verdict? |
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Jan 21 2017, 03:08 PM
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Senior Member
1,686 posts Joined: Aug 2011
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QUOTE(LaBoost008 @ Jan 21 2017, 02:11 PM) 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 protectionistand 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 |
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Jan 22 2017, 10:43 PM
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Senior Member
5,948 posts Joined: Oct 2013
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Taken today before the rain...
BlkJ started L6 construction...  |
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Jan 22 2017, 10:44 PM
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Senior Member
5,948 posts Joined: Oct 2013
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BlkH, still L2...more L2 areas with cement covered.
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Jan 22 2017, 10:45 PM
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Senior Member
5,948 posts Joined: Oct 2013
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BlkE, no photo but it's steel bars/pillars are about to reach the top level as Cahaya Bumi.
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Jan 22 2017, 11:37 PM
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Senior Member
3,838 posts Joined: Sep 2013 
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QUOTE(Donald Trump @ Jan 21 2017, 03:08 PM) 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 Its heads developer win tails buyer lose...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 |
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Jan 23 2017, 12:17 AM
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Senior Member
2,663 posts Joined: Feb 2013
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QUOTE(Jagalat @ Jan 22 2017, 11:43 PM) Taken today before the rain... Oh..level 7 now....emmmmmm.BlkJ started L6 construction... |
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