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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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Jagalat
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Jan 28 2017, 10:13 PM
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QUOTE(HarpArtist @ Jan 28 2017, 11:01 PM) no offence boss but most project dont need to count floor to see progress... a quick glance is enough. For me no offence... It's a suggested effort to those who worry about abandonment(a few pages back)...If only a quick glance is sufficient to them....
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Bouch
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Jan 29 2017, 08:22 AM
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Getting Started

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QUOTE(Jagalat @ Jan 28 2017, 10:13 PM) For me no offence... It's a suggested effort to those who worry about abandonment(a few pages back)...If only a quick glance is sufficient to them.... I personally really appreciate your effort to take picture and post it here Jagalat. Happy Chinese New Year
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JXplod
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Jan 29 2017, 08:57 AM
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Getting Started

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QUOTE(Jagalat @ Jan 28 2017, 10:13 PM) For me no offence... It's a suggested effort to those who worry about abandonment(a few pages back)...If only a quick glance is sufficient to them.... Thanks for the frequent update Bro jagalat, n happy Chinese new year to you too, don't worry eko vest won't abandoned the project. Just will take longer time to complete.
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xyyap
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Jan 29 2017, 09:09 AM
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We don't see many developer donating $ to Chinese school except Ekovest
Ekovest will complete Eko Cheras, just a bit of delay
Neither we hope for ld
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BEANCOUNTER
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Jan 29 2017, 09:36 AM
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Not to pour cold water here.... The risk of abandoment is there as long as the building is not vped yet. The Boss Axis Cheras and etc all almost completed tge entire building already but still kena abandon.
Same w EC, not officially abandoned yet but i really dun want to be in their buyers shoes....vped bit kena stuck there for months.....
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ekorjiulai
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Jan 29 2017, 10:26 AM
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Getting Started

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QUOTE(Jagalat @ Jan 28 2017, 03:13 PM) For me no offence... It's a suggested effort to those who worry about abandonment(a few pages back)...If only a quick glance is sufficient to them.... Appreciate frequent updates from Jagalat too and I personally thought the updates on the floors were really useful as it shows progress and provides an indication in terms of when the next billing would be for the respective owners. Also, I don't think anyone would write-off the risk of project being abandoned until the project has been fully VPed etc. but you would expect the risk to decrease over time as the project progresses overtime. In fact, for investors, you would subconsciously view projects that are say 50% complete to be less risky than a project that has yet to be started. As with all investments, there is a risk to capital loss which is consistent with the risk reward philosophy (i.e. the greater the risk, the greater the potential return / loss). The best position to invest is when you can afford to stomach the losses in the event of a worst case scenario and it shouldn't ruin your finances completely (i.e. you're able to restart, rebuild and attempt again). Good luck all and wish everyone a very happy, healthy and prosperous Chinese New Year.
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Jagalat
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Jan 29 2017, 03:36 PM
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QUOTE(ekorjiulai @ Jan 29 2017, 11:26 AM) Appreciate frequent updates from Jagalat too and I personally thought the updates on the floors were really useful as it shows progress and provides an indication in terms of when the next billing would be for the respective owners. Also, I don't think anyone would write-off the risk of project being abandoned until the project has been fully VPed etc. but you would expect the risk to decrease over time as the project progresses overtime. In fact, for investors, you would subconsciously view projects that are say 50% complete to be less risky than a project that has yet to be started. As with all investments, there is a risk to capital loss which is consistent with the risk reward philosophy (i.e. the greater the risk, the greater the potential return / loss). The best position to invest is when you can afford to stomach the losses in the event of a worst case scenario and it shouldn't ruin your finances completely (i.e. you're able to restart, rebuild and attempt again). Good luck all and wish everyone a very happy, healthy and prosperous Chinese New Year. That is exactly what l hinted. It's fair to say abandonment risk while still in construction but that risk is decreasing upon every progress.. Ideally the post about terbengkalai should be reduced unless really proven otherwise. Anyway, it's an open forum, one can still choose to enlarge the risk of abandonment Happy CNY.
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ryan@chua
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Jan 29 2017, 10:37 PM
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Abandone is good since economic not good ?__
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Jagalat
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Feb 5 2017, 03:58 PM
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Taken two hours ago.... BlkJ... 6th floor is about to complete ... Materials placed on top of L6(not in pictures). Steel bar installed in the middle.... About to start L7 soon...
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Jagalat
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Feb 5 2017, 04:00 PM
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BlkH... Started L3 construction....
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lamode
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Feb 28 2017, 08:50 AM
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another good news for ekocheras buyers. its not easy for dev to get LAD waiver or time extension now http://www.theedgeproperty.com.my/content/...na-condo-buyers
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Jagalat
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Feb 28 2017, 11:36 AM
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QUOTE(lamode @ Feb 28 2017, 09:50 AM) another good news for ekocheras buyers. its not easy for dev to get LAD waiver or time extension now http://www.theedgeproperty.com.my/content/...na-condo-buyersYup... In fact good news to all property buyers with construction in progress. The EOT was issued by an earlier minister. Luckily, this verdict, is notable...
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CharmaineLee80
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Feb 28 2017, 12:03 PM
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** deleted ** wrong post. apologize!
This post has been edited by CharmaineLee80: Feb 28 2017, 12:04 PM
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highburybaby
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Feb 28 2017, 12:21 PM
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QUOTE(lamode @ Feb 28 2017, 08:50 AM) another good news for ekocheras buyers. its not easy for dev to get LAD waiver or time extension now http://www.theedgeproperty.com.my/content/...na-condo-buyersimagine if small scale developer declare bankrupt because can't afford to pay EOT...then, everybody die together..
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lamode
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Feb 28 2017, 12:31 PM
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QUOTE(highburybaby @ Feb 28 2017, 12:21 PM) imagine if small scale developer declare bankrupt because can't afford to pay EOT...then, everybody die together.. LAD comes when the project is completed and VP, so I don't see how it impacts the completion of project. This post has been edited by lamode: Feb 28 2017, 12:37 PM
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HarpArtist
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Feb 28 2017, 01:37 PM
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after suffering 4 years from lane closures due to mrt. jalan cheras folks must continue suffering lane closures for another 1 or 2 years due to ekc completion delay.
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aaron1717
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Feb 28 2017, 02:10 PM
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highburybaby
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Feb 28 2017, 02:34 PM
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QUOTE(restful increase @ Jul 27 2015, 07:11 PM) hello hello-kor, why u say ekocheras location more ong than youcity's location. of course la...ekocheras is closer to KL. He is at the crossroad of MRR2 and Grand Saga Highhway...How can he not ONG? This post has been edited by highburybaby: Feb 28 2017, 02:34 PM
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Jagalat
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Feb 28 2017, 02:47 PM
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QUOTE(HarpArtist @ Feb 28 2017, 02:37 PM) after suffering 4 years from lane closures due to mrt. jalan cheras folks must continue suffering lane closures for another 1 or 2 years due to ekc completion delay. Land closure? When was the you traveling along Jln Cheras? Today there are 3 + 1 lanes as usual below the Tmn Mutiara MRT station. The lanes towards Billoan road about are 3(ramp to overhead bridge)+2(towards roundabout) ...
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HarpArtist
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Feb 28 2017, 03:22 PM
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QUOTE(Jagalat @ Feb 28 2017, 02:47 PM) Land closure? When was the you traveling along Jln Cheras? Today there are 3 + 1 lanes as usual below the Tmn Mutiara MRT station. The lanes towards Billoan road about are 3(ramp to overhead bridge)+2(towards roundabout) ... right at the ekocheras site is a lane closed with cones... the lane turn out from mutiara barat and honest is, anything that is not a straight forward road slows down traffic. such is the mentalilty and driving skill of malaysian.. This post has been edited by HarpArtist: Feb 28 2017, 03:23 PM
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