Will check it out this weekend!

The SA said got 2 units in block H which is unsold. 1 unit at level 19 and another unit at level 4. She maintained that completion will be on Dec 2017. She explained that block J and H has 3 levels of under ground basement carpark which is taking a lot of time to construct but once the basement is completed the rest of the construction will be much faster, hence they are maintaining the Dec 2017 deadline.

Ecovest is pushing the sale of their titiwangsa super highrise residential project which is located beside the river of life project.

Can see their effort....
https://forum.lowyat.net/topic/2691655/+528

Wrongly priced.

Nice.. interesting........

One buyer name spotted....
Described as a proud buyer in the text ..
Mind to reveal your block if you are reading this forum? Thanks

http://www.thestar.com.my/News/Nation/2015...elopers-booths/

:
Another proud buyer was Tai Peck Tee, who purchased a service apartment unit at EkoCheras by Ekovest Bhd.

“This development is in a very convenient part of town, especially as there is a future MRT station right next door,” he said.

“I’m planning on using this unit for investment. My tenants will be able to shop at the upcoming IKEA store in Cheras.”
:

I am planning to buy block E. SA says must use their panel banks. A whole list of them...just wondering if there is any advise on which banks have best offer? Tot best if can get some advise first before I contact them one by one. Thx!

A prelim welcome ....
I am using Antbank.
Recently they requested the "Power attorney search" and buyers have to pay...
The background is, after loan agreement signed back in 2013, no draw down has yet been made and they wanna know if borrowers become bankrupt since...so they requested this search .... Leceh....
Wonder if other bank is also requesting this type of search....

Also should you plan to flip after vp, avoid those loans with lock in period..

Hi Jagalat,

Thx for your advise. Will ask if other banks have this. On resale, I understand that usually this can only be done after Title is under own name, do u know typically when can this be done? After we get key or there are certain holding period (beside the loan lock in)?

Btw, I asked SA regarding the slow progress, SA mentioned due to 3flr basement construction which takes longer but expected completion is end 2017.

I did not explore how long it takes for the title reflected owner's name...Need other daikors input

Besides lock in and the above scenario, watch out for rpgt if you plan not to use the life time exemption.

Anyone asked about the SUPER DELAY ???

http://www.thestar.com.my/News/Nation/2015...uch-for-buyers/

“The buyer (flipper) might ask for RM3,500 rental but not get it, then he’ll drop the rental, then drop it and drop it again to RM2,000 or RM1,500 ... so it will be a renters market,” he says.

However, Siva stresses that it is not the entire housing sector that will be affected by lower rents; this would apply only in selected speculative sectors.

“I think it will be with the RM500,000 to RM800,000 condos, the high-end residential condos and shoebox units like SoHo, SoVo and SoFo, which have been built by the ­dozens,” he says, referring to different types of small commercial units, the small-office-home office, small-office-virtual-office, and small-office-flexible-office.

Any thoughts on this guys? I'm not flipping so I'm not too concerned but will be good to have some input regardless. Hope the majority of ekocheras buyers have a good holding power though!

Ekovest MD sent us letter last time said there will be a newsletter sent to their customers in Oct and will have news on the progress of all their projects. Did anyone receive the newsletter?

Me belum terima lagi....
Anyone ckecked out their booth during the weekend?

can see any structure over the perimeter fences already?

Does anyone expect the SA will tell any potential buyer or their customers tht the project completion will be delayed? LOL.

This post has been edited by wl_n: Nov 6 2015, 07:16 AM

No.

Sure will not delay if spa dated today.

Independent sales agent mentioned this project already 6 mths delay.