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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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Jagalat
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 Dec 5 2019, 02:39 PM
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QUOTE(vinceleo @ Dec 5 2019, 03:29 PM) Aren't suppose to 10% off MYR 450K being the last bid price? Group member predicted maybe the bank wanna achieve target... So 15% off instead of 10% off from previous. Here is the second lowest price of the entire EKC project during launching time and it is the Blk E studio. https://forum.lowyat.net/topic/3021334/+1812Anyway, if the reserved price of the auction unit (762sf) is RM425k, then from price tag point of view, RM425k is now the second lowest (if not the lowest) ... So to investors out there, you got my info now.. This post has been edited by Jagalat: Dec 5 2019, 06:31 PM |
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Jagalat
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Dec 19 2019, 11:22 AM
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QUOTE(AskarPerang @ Dec 19 2019, 12:18 PM) Unit sold at 495k just now.
Really crazy price. Higher than subsale. Can find around 460k-480k.Cannot explain what just happen. For potential buyers who are keen, pls look for subsale unit out there with better price. I avoid putting ads here. This post has been edited by Jagalat: Dec 19 2019, 11:25 AM |
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Jagalat
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Dec 20 2019, 11:14 PM
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Not siding any party.
In general, using a 500k unit(understand the auction bidder is lower) for reference, a gross rental yield of 6% is RM2,500×12÷500k.
Not sure whether the lad is used for their rental yield calculation. No comment. Or it is an abnb kind of "yield"..No comment...
Based on our group discussion, a monthly rental of RM2.5k for a simple ff unit was not impossible during early phase of VP as rental demand was there while limited supply.
Among the buyer group, there is a guideline of rental range suggested for ff and semif.
Later, as supply was up, competition amongst owners were there as well.
Also heard two/three friends with simple ff unit (without theme) are looking for tenants for a while. Didn't check out on them recently.
Then there are also early buyers receiving lad. This money can be used for reno with theme.
Recently at least two different members informing two different ff units were rented above RM2.5k.
There are up and down, which is common. There are but not all getting more than 6% yield.
No need to agree.
Owners just need to adjust strategy along the way.
This post has been edited by Jagalat: Dec 20 2019, 11:18 PM
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Jagalat
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Dec 22 2019, 12:23 AM
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QUOTE(SongChiang @ Dec 22 2019, 01:02 AM) All of the described units are referring to 762sf. |
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Jagalat
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Dec 22 2019, 09:58 AM
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QUOTE(SongChiang @ Dec 22 2019, 02:40 AM) whole unit rented out or separately by rooms? that's actually decent 762sf only doesn't have two rooms. Should you have rental data from any agency for the762sf ff units, feel free to share. |
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Jagalat
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Dec 22 2019, 02:23 PM
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QUOTE(inthira+0 @ Dec 22 2019, 02:05 PM) Some ekogg fansssss dreaming of ekogg to have the same rental rate with Sunway velocity 1bed. Damn funny I believe maybe few out of hundreds here can get such rental but generally still around 1500-2000 Can quote the lowyat posts of those stating the same rental rate with Sunway velocity 1bed? Thx |
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Jagalat
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Dec 24 2019, 02:36 PM
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QUOTE(SongChiang @ Dec 23 2019, 06:48 PM) ... i was researching this project : ..Jagalat imo is pretty neutral. he talks good and bad, pushing for progress and i respect that. As l am vested in this project, to be honest, l won't be 100% neutral. But l will be as reasonable as possible on my statements. Glad to know you're researching. Hope you have obtained sufficient details to make a conclusion. In case you have decided to purchase, feel free to look for subsale units that has a better nego price from those lad-ed owners. |
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Jagalat
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Dec 25 2019, 11:20 PM
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QUOTE(loutze @ Apr 22 2019, 12:56 PM) think THE LOAF will open in EkoCheras? Opening today per the web info(while message still last) https://www.ekocherasmall.com/promotion-details.php?id=100 |
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Jagalat
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Jan 10 2020, 11:24 PM
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QUOTE(bigman @ Jan 10 2020, 06:18 PM) Can built mall, highrises... And now going to build Bandar Malaysia.. . But the flood issues never solved....
Really dun understand... 👎👎 The flash flood location is under the MRT stn or directly in front of the mall? If it is the former then you can understand. This post has been edited by Jagalat: Jan 10 2020, 11:25 PM |
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Jagalat
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Jan 16 2020, 05:10 PM
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QUOTE(SongChiang @ Dec 26 2019, 11:33 AM) yes even vested, you remained quite objective. someone can't  its good enough to help potential buyers decide, instead of white knighting. With the negative posts flooding this thread, it should be easy for you to make the decision... The other pokok awan project is also not bad... |
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Jagalat
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Jan 16 2020, 06:46 PM
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QUOTE(SongChiang @ Jan 16 2020, 07:20 PM) like i said in previous post , this project has its merit, just that i am still waiting for the right entry price ( might not able to get to that price tho ). else i would have moved away lol, why bother commenting in topic i am not interested in?
"The other pokok awan project is also not bad..."
stalker Do you give yourself a timeout window of waiting for the right entry price? Haha... Me following other threads too and at least not alone eyeing auction unit(s)... |
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Jagalat
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Jan 21 2020, 01:03 PM
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QUOTE(lolwei @ Jan 17 2020, 11:05 AM) I've been casually hunting for a property for my own stay and this is one of those in my list. I'm actually quite a very suibian person when it comes to these defects as long as my life is not at risk and it's not happening inside my unit. Helps that my other half is also interested in this prop, even though I haven't show her this thread yet.  I've dropped by the mall a couple of times quite recently and believe that the people will be there to stay, so it won't be those sort of shitty empty mall. Who knew Village Grocer will be such a big draw. Many rich uncle and aunties in Cheras.  Will continue accumulating my resources for another year or two before making my decision. P/S: Goes without saying the price must be right also.  Feel free to show her this thread. Some posts are worse than the actual for sure. At least she is mentally prepared. This post has been edited by Jagalat: Jan 21 2020, 01:53 PM |
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Jagalat
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Sep 25 2020, 12:55 PM
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QUOTE(icemanfx @ Sep 25 2020, 11:22 AM) Many of these listings are duplicate. as most landlords have fat lad payment to sustain for many years; rental income is just for their weekend night out. But there was one auction unit.. Will there be more in coming months? |
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Jagalat
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Sep 25 2020, 03:02 PM
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QUOTE(icemanfx @ Sep 25 2020, 02:04 PM) It is a question of how many not if. Looking forward to... |
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Jagalat
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Nov 25 2020, 03:11 PM
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In fact members in the owners group had detected some "agents" who were sacked by their agency. Not the name above.
No further disclosure here.
Always verify the agent REN first with their agency if needed..
This post has been edited by Jagalat: Nov 25 2020, 03:21 PM
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Jagalat
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Jan 2 2021, 04:45 PM
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QUOTE(Nicklly @ Jan 1 2021, 11:33 PM) lad + moratorium // i see 2022 only price drop if no improvement on economy and covid Hmmm... So this year price still no drop? |
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Jagalat
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Jan 2 2021, 05:29 PM
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QUOTE(Nicklly @ Jan 2 2021, 05:47 PM) I dun see any price drop leh, I think there is only a few unit of studio type dropping price but not much. But the studio type really non functional at all @@ The studio type is referring to BlkE single floor studio? Or something else? Why not functional? |
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Jagalat
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Jan 3 2021, 04:46 PM
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QUOTE(aidaro.com @ Jan 3 2021, 05:26 PM) The price is ok / in-line with market But I noticed it is in a flood prone area. Also there are 6 cemeteries within 2km of this condo. Any concern? Cemetery has been discussed extensively in previous posts/versions. Can you help to list the other 4 cemeteries other than the Kwangtung cemetery next to Tmn Conaught and the accumulated Cheras cemetery between Tmn Partimer and Jln Kauli? Thx |
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Jagalat
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Jan 3 2021, 07:16 PM
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As for the flash flood, so far from all the pictures of the past two years, it is always happening right under the MRT stn. That's the lowest point of the entire stretch of the road. Who owns this piece of land/road? Paksarana? MRT corp? DBKL? JKR? Or someone else? Even the MP had to urge for the solution implementation. https://kl.chinapress.com.my/20201101/蕉...内拟方案/(Can't find the similar news in English or BM. If you have it pls share.) |
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Jagalat
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Jan 3 2021, 07:17 PM
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Delete double post..
This post has been edited by Jagalat: Jan 3 2021, 07:18 PM
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