Wow hotel buyer spotted...

Good things are main to share openly

Project far from VP already started private WhatsApp group, does not really bring much value

Age of multimedia and multichannel la...
Topics can be discussed openly here and openly there in the whatsapps, in parallel.

(I recalled you have booked one unit back then) :--)

Are you an agent? seem like you are collecting data from purchasers like owner phone no and unit number.
You are very familiar with the site progress.

I never was an agent, as declared a few times in the forum.
Happenend to construct a raw list back then.
I didnt collect details data from purchasers as l also ask them to mask the unit number and partial names.
You may probably know why l took site pictures by reading my posts a while ago..

So, have you decided if this developer is reliable enough to you in case you wish to make a booking?

You are very kind, not in interest at this projects but keeping purchasers updated in various channel.
It's not a matter of reliable developer or not, is a matter of what is the target group if you wan to rent out?
I agreed one forumer quote like this " if affordable people won't pay RM2-3k to renting a unit here, if not affordable ppl wont select this area for their stay", maybe got some ppl willing to pay RM2-3k to rent a house in cheras, but I think the number is limited. Cheras just an area have some commercial activities but not a hub, mostly is residential area, and don't have any prestige higher education institute here.
If you talking about re-sell value, i remember i met a S.A before (not this project, but similar development)
Me : Why i need to buy this property if the surrounding sub sale price is more cheaper than here, eventho i buy terrace house at this area also roughly same price only.
S.A : Yes, but you hard to get the loan approval and bank value also may lower than your purchase price, so you need to come out a huge d/payment, nowaday nobody wan to buy sub sale one. Ppl will buy new property because got rebate, lawyer fee free etc, you not need to come out a single cents.
Me: OIC, this project after V.P, my property is become sub sale already, so nobody wan to buy my property, why i wan to invest? I not going to stay here.
S.A :............................

For those is buying for own staying is not a concerns, but for those investors, i just curios about the investment value only, all paper talk, not practical one. Cheras area plans to rent RM3k. Not easy. For those strong holding power won't so worry, but for those weak holding power may become a burden already, and may jeopardize the whole property market as well, cox panic selling may happen, better been sued bankruptcy.

If anybody have an optimistic view about this project can input a bit.

My view may inaccurate.

Subsale purchase is... what you see is what you get minus the future development...

For buying from developer, you need to have vision and able to visualize the delivery, execution, the future trend and catalyst.

Obviously in case on ekocheras, you see it as half full glass and couldn't visualize the potential. Where else other buyers could.

Good luck in whatever your purchase!!!

This post has been edited by gks: Jan 27 2016, 03:15 PM

Can you elaborate more about the future trend and catalyst for this project?
You should have an encouraging point for the future development here and make you so confident for this area.
But is a good news for those tenants at this area, you not need so worry about the rental, cox 4k units service apartment is in a pipeline.

Pls read all the version of this thread and make your own judgement.

Propcafe has reviewed the comprehensive the project.

After u gone through all these, do let us know your view and we can start a healthy discussion.

Good ans, when a student ask a lecturer why? The lecturer just telling, pls go to library and find the answer, after you find the answer, i only start the discussion.
Just bcos I don't know, so i just ask you to elaborate more, but I think you also not sure. U can't even give a constructive point too.
Is a good investment in future, why? you go to find out yourself. LOL.
Did you buy stock? when in bullish market, all analyst is in positive comments supported with comprehensive data, when in bearish market, twist again, all negative comment come out, T.P keep on revised eventhough just a few days only. So Propcafe become you bible already?
Anyway Ekocheras is a good project but need a stronger holding power.
Jagalat doing a well jobs here, try to give solution to forumers. If have queries about this project, he try to ans if he can.

So, as for the EM, do you buy it for own stay or investment (understand there is SUKE, Silk to use)?

Neither of it, buy for next generation.
Can't imaging a decade later, what is G&G landed property price.

the subsale vs new thing really funny. the tendancy of sev nowaday to give massive disc is worrying. is ok if one is calculating properly but alot of people just "want to make their pile" and sign up for 1m property when their savings maybe not even 10% of that simply because dev says "pay 5k over 12 months" or one recent really big and famous dev advertises: "buy now pay later". i quote from another subforum, "don't buy tomorrow's things today while thinking to pay for it next year."

Totally agreed
The developers only think how to sell off their properties, don't have a social responsibilities. Yes, given 10-30% rebate to customer make them more easy to own a unit instead of you need to come out at least 10% 1st + legal fees + stamping fee if you wan to buy from secondary market. But they are selling much more higher than secondary market which make the huge imbalance between new launch vs sub sales. In fact, the new buyer didn't realise they are paying so call rebate, lawyer fees etc which included in their instalment already. Secondary market the prices i can say are stagnant or increase in low marginal for this 2 years. Can see newly handover Youcity, so many buyers were queeing to sell off, even got auctions cases already. Worst case is for newly VP project still need to compete with developer unsold units which with rebate + free lawyer fee.
If economic is good, you still can sustain, but like such economic downturn, are forseen lot of speculators are start sweating especially in high rise property market.

Curious why buy it for next generation due to unseen future property price and not let the next generation to look for theirs? (Understand you care for next generation).
Will this move be under utilizing your resources to make more profit now?

You have a highly priority choice to buy for yourself first (either own use or investment)

I think is concurrent one, you still enjoy the capital appreciation if you buy a landed property. maybe not from collection rental.
Hard to define fully utilise resource, give and take. The profit not only q human life goal.

Well it's your call, as long as you are happy.
I hope the next generation like the landed house by then.

yup because they didnt fork out 10% DP they think they are playing a game just sign papers. didnt feel the "pain" of using own savings out. then when vp realise oops need to pay. feel stress then sell then realise cannot.

No doubt Ekocheras is very strategic and good for investment! But can they complete on time? Hopefully this is not a poor workmanship project with inferior quality. Cheras is flooded with many new projects, but none of them are "Eco" and as successful as Mid Valley. I sincerely hope Ekovest can put more effort in this mixed commercial integrated project. In return, investors and owners of this project will be very happy and proud of Ekocheras.

Jagalat

can advice the planned usage of tower N? hotel or residential?
I am looking to relocate back to taman tayton