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

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Jagalat
post Jan 28 2016, 12:36 PM

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QUOTE(Newbie188 @ Jan 28 2016, 12:00 PM)
Neither of it, buy for next generation.
Can't imaging a decade later, what is G&G landed property price.
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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)
Newbie188
post Jan 28 2016, 12:43 PM

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QUOTE(Jagalat @ Jan 28 2016, 12:36 PM)
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)
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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.
Jagalat
post Jan 28 2016, 12:49 PM

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QUOTE(Newbie188 @ Jan 28 2016, 01:43 PM)
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.
HarpArtist
post Jan 28 2016, 01:08 PM

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QUOTE(Newbie188 @ Jan 28 2016, 12:00 PM)
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.
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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.
ckloke2
post Jan 31 2016, 01:38 AM

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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.
lamode
post Jan 31 2016, 11:48 PM

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Jagalat

can advice the planned usage of tower N? hotel or residential?
I am looking to relocate back to taman tayton unsure.gif
Jagalat
post Feb 1 2016, 12:04 AM

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QUOTE(lamode @ Feb 1 2016, 12:48 AM)
Jagalat

can advice the planned usage of tower N? hotel or residential?
I am looking to relocate back to taman tayton  unsure.gif
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TowerN is a hotel. It has been launched last year..sold 7788 already...Can use it for own hotel stay or sign for grr package.

What happened to the bj new home? Tot you look forward to moving there....
lamode
post Feb 1 2016, 12:10 AM

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QUOTE(Jagalat @ Feb 1 2016, 12:04 AM)
TowerN is a hotel. It has been launched last year..sold 7788 already...Can use it for own hotel stay or sign for grr package.

What happened to the bj new home? Tot you look forward to moving there....
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thanks, like that better wait for sub sale for residential or new project(s).

home sick lo sweat.gif i think i prefer my old place area.
Jagalat
post Feb 1 2016, 12:15 AM

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BlkJ, taken on Sunday afternoon
LG floor in progress...
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This post has been edited by Jagalat: Feb 1 2016, 12:19 AM
Jagalat
post Feb 1 2016, 12:17 AM

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BlkH, Cement work in progress..B3?
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This post has been edited by Jagalat: Feb 1 2016, 12:19 AM
Jagalat
post Feb 1 2016, 12:19 AM

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BlkE, extensive digging work...This site has the most number of cranes operating.
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Jagalat
post Feb 1 2016, 12:21 AM

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QUOTE(lamode @ Feb 1 2016, 01:10 AM)
thanks, like that better wait for sub sale for residential or new project(s).

home sick lo  sweat.gif i think i prefer my old place area.
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I see....Bumi unit release can be an alternative too.

The Jedi
post Feb 1 2016, 09:37 AM

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Looking at latest progress pics, nearly 100% for early buyers of Block J, H and E to receive LAD.
Jagalat
post Feb 1 2016, 10:09 AM

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QUOTE(ckloke2 @ Jan 31 2016, 02:38 AM)
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.
*
Some buyers are willing to see the delay of vp due to soften market this year and next.
The workmanship/quality will be a concern.

tonytyk
post Feb 1 2016, 12:50 PM

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QUOTE(Jagalat @ Feb 1 2016, 12:21 AM)
I see....Bumi unit release can be an alternative too.
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Will bumi unit cheaper in view of softer market?
Jagalat
post Feb 1 2016, 07:13 PM

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QUOTE(tonytyk @ Feb 1 2016, 01:50 PM)
Will bumi unit cheaper in view of softer market?
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EKV's style is very thrifty ...

Bumi units are a portion of the unsold quantity.
Selling cheaper will piss off existing larger buyer group.

Also it is not good to their future marketing too. Buyers in future will only look for "soften" situation to buy.

So I will think unlikely to sell cheaper.
What they can do, maybe,
1) based on the current psf and let go the rebate(SnP spelt same price as previous buyers), or
2) based on higher psf, gives better rebate(SnP spelt higher price)

I could be wrong too...

ckloke2
post Feb 1 2016, 09:39 PM

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QUOTE(Jagalat @ Feb 1 2016, 10:09 AM)
Some buyers are willing to see the delay of vp due to soften market this year and next.
The workmanship/quality will be a concern.
*
Ya, you are right! Ultimately, Quality, Strategic location and "Eco concept" are keys to success. With their current progress, I expect there will be some delay.

This post has been edited by ckloke2: Feb 1 2016, 10:27 PM
VincentCS
post Feb 11 2016, 06:24 PM

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Bumi Units release with 5% discount and 5% rebate after that...has been confirmed.


Jagalat
post Feb 11 2016, 06:31 PM

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QUOTE(VincentCS @ Feb 11 2016, 07:24 PM)
Bumi Units release with 5% discount and 5% rebate after that...has been confirmed.
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Thank you for the news...source from insider or SA?
Any further info eg when will be released?
Cheers!
VincentCS
post Feb 11 2016, 06:51 PM

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QUOTE(Jagalat @ Feb 11 2016, 06:31 PM)
Thank you for the news...source from insider or SA?
Any further info eg when will be released?
Cheers!
*
From insider, developer staff
Probably in June/July

definitely won't be cheaper...



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