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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai

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Jagalat
post Dec 14 2015, 03:01 PM

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Can refer to the thread below...
Located behind Awanapuri..


https://forum.lowyat.net/topic/3804357

Jagalat
post Dec 14 2015, 03:08 PM

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QUOTE(ekorjiulai @ Dec 14 2015, 03:47 PM)
Guys, heard there's a new development coming up behind Ekocheras with 4700+ residential units + hotel + offices. 2 towers apparently have 70 storeys.

Anyone has any info on this?

Not exactly sure how this might impact Ekocheras but I guess we still retain the closest proximity to the MRT station.

This population of people may also help sustain our Ekomall.

Any thoughts?
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It's approx 3 times the total units of EKC...
Wonder if there direct access from MRR2.

Which one has better access to Jln Cheras?
Which one has better access to MRR2?
Which one is closer to MRT1?
Which one is the better hub to attract foot step to it's mall?
You be the judge ....
Jagalat
post Dec 14 2015, 03:59 PM

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QUOTE(ekorjiulai @ Dec 14 2015, 04:38 PM)
Ekocheras definitely. I think it could even work in favour of us (for mall success) if they can attract more people to the area.

I've viewed Tiara Heights super semi-d development (if the prediction of this massive project is where it is, then that cleared land next to the project as seen on the map is where Tiara Heights is) and asked about direct entry from MRR2 but they said no plans in place and indicated safety concerns.

But who knows, anything is possible in Malaysia ;-)

I just hope they will be good road planning to ease the congestion.

In any case, I'm excited for this new area and quite positive to see that they are further investments pouring into this local area. The size of the total development in this area could potentially challenge Velocity already.
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I am excited too..

JMHO, a direct access from/to highway to a mall is one critical success factor. Wirhout it, the "Viva mall" will be a stranded mall and in this case, the entrence of EKC mall will grab some of visitors to "Viva Mall" ...

Back in EKC approval days, if I recall correctly, one of the conditions was to build the Uturn flyover
The new Viva project has 3x EKC units, they should build at least one for them (if not three)..



Jagalat
post Dec 15 2015, 11:48 PM

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QUOTE(soon9913 @ Dec 16 2015, 12:34 AM)
Anyone knows the development on the piece of land opposite to ekocheras? .. Saw there is fencing
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You mean the formal Yap Brothers Auto area?
If so, someone asked before but no reply yet.

Jagalat
post Dec 16 2015, 09:09 PM

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QUOTE(mybenz @ Dec 16 2015, 07:58 PM)
i see this as a good effect, this will provide price push to EKC, i can't see there is competition but this one does not come with mrt.
although there is a mall, but having a mall deep inside is not favourable.

The ekc will be the yardstick in term of rental and selling price , if both project is having the same price point for rental and selling, as a customer which one will you choose? the option is clear.

now the question is which project will be completed first to get the first pool of customer for rental and subsales.
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Curious, is the first pool of customer for rental and subsales critical in the case?

Jagalat
post Dec 17 2015, 12:26 AM

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Just to imagine, 70 storeys is how many times of Awanpuri height?
(Assuming they share the same ground level and floor height)
Jagalat
post Dec 17 2015, 12:31 AM

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With 10 blocks of the Viva buildings sitting behind EKC, some EKC's west facing units will not get direct sunset (one good news)....
Jagalat
post Dec 19 2015, 03:16 PM

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QUOTE(restful increase @ Dec 19 2015, 04:11 AM)
Thr are still 300+ bumi units which hv yet to be released. Ekocheras will be releasing them by end 2016 pushing the supply of apartments in the vicinity on top of the launch of the Viva apartments. I hope there will not be an oversupply of apartment in this area.
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Whether there will be an oversupply in this area, l would say it depends on the launching units of Viva apartments.

If the Viva units are to be launched in phases where market can absorb, then OK.
However, if many units are launched to flood the market, then very obvious an oversupply will happened

The price of EKC bumi-release-unit will be a good reference point for subsale price upon vp.
So, what psf will it be?
Hotel&office punya psf or other?


Jagalat
post Dec 20 2015, 04:19 PM

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BlkH site.. Taken 2 hrs ago..
More pile caps revealed..cement on pile caps also dried ...
user posted image
Jagalat
post Dec 20 2015, 04:20 PM

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BlkJ site.. taken 2 hrs ago...
Do you observe a small portion of B1 cement floor? Feel free to zoom to view/count should you wish....
user posted image

That's all about EKC site photo for today (perhaps for this year too)


Jagalat
post Dec 20 2015, 05:30 PM

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Side track..Sounds like the author here is very aware of the regulations. Hope he does not not violate one but fully complying to deliver EKC..
http://www.nanyang.com/node/740083?tid=686


Jagalat
post Dec 20 2015, 06:37 PM

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QUOTE(lamode @ Dec 20 2015, 07:21 PM)
oh la... can get LAD ma, i guess can easily 5 figures from it  tongue.gif
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So wanna get one?
How is your new BJ home?

Speaking of the new development behind Awanpuri, do you have details if they are at the same ground level as Awanpuri or they are at the bukit Tiara higher ground?
Jagalat
post Dec 20 2015, 06:57 PM

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QUOTE(lamode @ Dec 20 2015, 07:43 PM)
u all whacked all the nice units liao, left over odd sizes n floor for me.. so bad lo  dry.gif
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Queue for bumi release lah....
Jagalat
post Dec 20 2015, 08:18 PM

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Side track 2....


http://www.propertyguru.com.my/property-ne...property-sector

One can expect a market correction of 3 to 4%. This is especially true for high-rise units, especially in the high-end market. There, of course, will be certain properties in prime areas (i.e. near the MRT, etc.) that will buck the trend and continue to appreciate.

Chinese text here...
http://property.sinchew.com.my/node/3348?tid=4

根據該報告,2016年房市會稍微走跌,然後下半年會逐漸回穩,2017至2018年房市將會逐漸復甦。在明年房價和交易量會有一定的調整,介於3至4%,尤其是高端的高樓房產。不過,在一些黃金地段(如:靠近捷運站)則會逆市上漲,價格繼續攀高。


Do you think EKC, located at the MRT area, has price rise?

Jagalat
post Dec 22 2015, 09:26 AM

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QUOTE(lamode @ Dec 21 2015, 11:33 PM)
asking on behalf...

last time heard got pile of cheque queuing, are they still in there or all gone d?  rolleyes.gif
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The last l know yes. That was a long time back
Unless the cheque dates were not filled, all should have gone expired already.
Jagalat
post Dec 24 2015, 06:48 PM

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Received this greetings from EKV...
user posted image

Jagalat
post Dec 31 2015, 06:19 PM

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QUOTE(TFCapital @ Dec 31 2015, 06:04 PM)
Will love to see the synergistic effect of Bandar Malaysia, MRT1 & 2, HSR and Eko Cheras after today's announcement of IWH subscribed 60% of Bandar Malaysia.
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Haha...Would love to see the synergized results too.
No EkoTitiwangsa and RiverofLive in your statement?

Happy New Year 2016!


Jagalat
post Jan 5 2016, 03:44 PM

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QUOTE(FeeD @ Jan 5 2016, 02:35 AM)
Are there still units available for hotel suite or office?
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Try these numbers if no reply from forummers

https://forum.lowyat.net/topic/3021334/+2040

Jagalat
post Jan 5 2016, 03:47 PM

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QUOTE(Gary @ Jan 5 2016, 08:51 AM)
Hi. So now any billing?anyone received 2a?
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Yes..Received 2a billing request letter from developer.
But letter from banker, not yet.
Jagalat
post Jan 6 2016, 11:18 AM

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QUOTE(lamode @ Jan 6 2016, 10:54 AM)
well, there are more info about the 4.7k units.
hopefully this area will be ong ong ong soon, HUAT AR!!  rclxms.gif  rclxms.gif  rclxms.gif
http://www.ptlm.com.my/index.php/component...pment-in-cheras
user posted image
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Great! Pictures show there is dedicated flyover linking to the site .

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