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.

units in d new project will b cheap due to high dense.. will compete n flood d ekc market.. will also help ekc mall but lets see how this ekc malls turns out with gd loc yet management if retailer no confidence in mall owner they wnt go in.. 1 vry famous example in the ciry centre

Anyone knows the development on the piece of land opposite to ekocheras? .. Saw there is fencing

Recently heavy rain no flood.

Thanks Jagalat, great pictures. Despite all the recent negativity by some posters, I'm pleased to see that the project is still progressing. It may not be as quick as we all would like it to be but at least it is progressing (i.e. not redundant).

The recent pictures (6th and 13th December) seem to have more observable significant changes so I guess it was indeed time consuming to prep the foundation (happy that they took their time rather than doing a half-baked job). I would rather have a delayed project than to sacrifice quality.

I suspect it will progress much quicker going forward as it'll probably be easier to build above ground than to dig holes.

As for the project itself, I'm still confident with the concept and location of the project. The completion of this project will only make trips to Leisure Mall more enjoyable with more to do and see.

I've been living in London next to an overground station (not all London stations are underground) and I honestly love the convenience of being connected to all other parts of London at my door step. Unless I have the need for a bigger home (which makes it not very viable to live in an apartment), I'll go with properties next to a station any day be it for investment or own stay. This applies to KL as well.

In terms of the tenant profiles, because the project is linked to an MRT station, we don't just get potential tenants from the local area but other areas linked to an MRT as well. I see this as a plus point for properties linked to an MRT station.

Nevertheless, as with all investments, there's always risks involved. In the case of EkoCheras, typically these will be risks associated with an off-plan project. This is also the reason why the value will generally increase as the project's building gets more visible since the earlier buyers would have been compensated (well, theoretically this should be the case but not guaranteed ) for the risk of non-completion. Say what you want, but having seen property prices in Australia, UK and Singapore, Malaysia still has one of the cheapest properties for international investors.

Keep up the good work with the updates Jagalat and those who have been sharing info and ideas / applying pressure to the developer when things don't look quite right. I know we have a facebook group but closer to project completion, it will be nice if we can formalise a group (eg. owner's committee or something) to represent the owners of EkoCheras. If we have a strong committee, then we will have a stronger voice which will then make it easier for us to make suggestions / apply pressure with regard to the management of the property post-completion. Given the size of the development, we could even consider having committees by blocks.

All the best to us.

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?

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.

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?

You mean the formal Yap Brothers Auto area?
If so, someone asked before but no reply yet.

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.

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?