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

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soon9913
post Jul 30 2015, 01:06 AM

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QUOTE(Jagalat @ Jul 29 2015, 10:28 AM)
Noted...
Just to confirm, the Apr 15 is Apr 2015? Or 15-Apr?
If Apr-2015, curious why SnP signing session can be delayed so long from booking time...
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typo, should be Apr-14..
Jagalat
post Jul 30 2015, 01:57 AM

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QUOTE(gks @ Jul 30 2015, 01:24 AM)
I think the retailers are not secured yet.

It is norm for developers to slight tweak the name of retailers in their Advertising & Marketing kits to avoid legal action....For exampel ABIBAS, STARDUCKS etc...
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That was what l thought also.

Curious why they displayed a tweaked name of grocer along with other facts like office/residential/hotel info on the poster...

blastbalistix
post Aug 2 2015, 11:51 AM

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Resident unit still available? PM me detail
Jagalat
post Aug 2 2015, 06:21 PM

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QUOTE(blastbalistix @ Aug 2 2015, 12:51 PM)
Resident unit still available? PM me detail
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Alternatively, try Mapex exhibition at Sunway Pyramid if you can make it today.. look for D'Hill booth(Ekovest booth)..

Here was an info obtained on Friday from Mapex.
https://forum.lowyat.net/topic/3571829/+601



restful increase
post Aug 4 2015, 01:11 AM

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QUOTE(Jagalat @ Aug 2 2015, 06:21 PM)
Alternatively, try Mapex exhibition at Sunway Pyramid if you can make it today.. look for D'Hill booth(Ekovest booth)..

Here was an info obtained on Friday from Mapex.
https://forum.lowyat.net/topic/3571829/+601
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Jagalat-kor, which other property u bought. So we can also buy and we get your constant updates..😀
Jagalat
post Aug 4 2015, 10:25 PM

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BlkJ site taken this afternoon..
High level view...
The "building structure" with scarfolding in green net and roof, at the right edge, is the Tmn Mutiara MRT station.

user posted image
Jagalat
post Aug 4 2015, 10:28 PM

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Zoom
More pile caps completed

user posted image


Jagalat
post Aug 4 2015, 10:33 PM

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BlkH site
Digging deeper....

user posted image


syong888
post Aug 5 2015, 10:57 AM

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QUOTE(Jagalat @ Aug 4 2015, 10:33 PM)
BlkH site
Digging deeper....

user posted image
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Good digging progress cool2.gif
restful increase
post Aug 6 2015, 09:53 AM

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Jagalat kor, fr ur photos i noticed quite a number of heavy machineries on the site. Better progress than before.
CMW123
post Aug 6 2015, 10:27 AM

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I call up Ekovest and ask about the slow progress and spoke to 2 person.

First person said piling completing soon. When I asked when, then she said their project department said by june/july this year. Then I said now already august and she said need to check again.

Second person said slow because they need to do the basement. I said already 1.5 years after launch, she said don't worry still in progress. They are big company and still launching few other new projects

Anyone want to call again and see what answer they give?





BEANCOUNTER
post Aug 6 2015, 12:01 PM

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man man lai lah....

why the hurry?
Jagalat
post Aug 6 2015, 01:28 PM

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QUOTE(restful increase @ Aug 6 2015, 10:53 AM)
Jagalat kor, fr ur photos i noticed quite a number of heavy machineries on the site.  Better progress than before.
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According to source, most of the current work are heavily machine dependent.
So, the more machines in operation, the better the progress.


Based-on one week day observation, the number of workers are more compared to weekend.

Jagalat
post Aug 6 2015, 01:53 PM

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QUOTE(CMW123 @ Aug 6 2015, 11:27 AM)
I call up Ekovest and ask about the slow progress and spoke to 2 person.

First person said piling completing soon. When I asked when, then she said their project department said by june/july this year. Then I said now already august and she said need to check again.

Second person said slow because they need to do the basement. I said already 1.5 years after launch, she said don't worry still in progress. They are big company and still launching few other new projects

Anyone want to call again and see what answer they give?
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I attended their booth last week and asked one SA about the progress.
She gave me the similar answer as yours.
(A few months back, she told me that she, as a SA, also has a unit also, so no worry)

I indicated that this may impact their reputation for other launch.
Another SA (at the same booth) told me that 70% of the launched block(EKT) are sold.
(Me speechless) blink.gif

Yes..Need more buyers to give them more calls.

This post has been edited by Jagalat: Aug 6 2015, 01:55 PM
GC 2014
post Aug 6 2015, 02:20 PM

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Yes, ekovest is solid company with track record in Construction of road, infra etc..Property developer ? New kids ..
restful increase
post Aug 6 2015, 07:30 PM

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xchange rate oredi 3.96 vs usd
takezhiro
post Aug 7 2015, 01:45 AM

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Ekocheras mall is in the mid to negotiate with GSC.

Their mall Managment should be Savills
Jagalat
post Aug 7 2015, 10:53 AM

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QUOTE(takezhiro @ Aug 7 2015, 02:45 AM)
Ekocheras mall is in the mid to negotiate with GSC.

Their mall Managment should be Savills
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Hope the EKC mall has GSC.
The cinemas environment/seating/screen position at Leisure Mall is kinda outdated and not being renovated to catch up to the latest trend/features.
To me, GSC is my long waited cinema to extend its business in Cheras since Leisure Mall days.
If GSC comes in, the EKC cinema can be extended or higher tier halls to Leisure Mall.
It can operate like GSC siblings way in MV+Gardens, BTS+Pavilion ... rclxms.gif

takezhiro
post Aug 7 2015, 01:19 PM

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QUOTE(Jagalat @ Aug 7 2015, 10:53 AM)
Hope the EKC mall has GSC.
The cinemas environment/seating/screen position at Leisure Mall is kinda outdated and not being renovated to catch up to the latest trend/features.
To me, GSC is my long waited cinema to extend its business in Cheras since Leisure Mall days.
If GSC comes in, the EKC cinema can be extended or higher tier halls to Leisure Mall.
It can operate like GSC siblings way in MV+Gardens, BTS+Pavilion ... rclxms.gif
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TGV Cheras Sentral is best cinema in Cheras.
Especially people who like midnight show, touch and go car park system very convenient
takezhiro
post Aug 7 2015, 01:20 PM

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Copy other forum thread. Important and general knowledge when you buying commercials resident so call soho

Arte Mont Kiara Project by Nusmetro

Sale and Purchase Agreement is lopsided. Just check carefully before signing.

1. completion period: 48 months from superstructure date and not from signing of SPA. That means the basement and car park can be built and progress payment will be released by the bank but completion period does not start. By the time reach superstructure, 50% of the purchase price is released already. Only then 4 years to complete

2. Defects Liability does not include air cond and pantry top only building work

3. Purchaser cannot sell property until strata title issued. Means not so good for investor because cannot sell. However if the developer agree to allow sale then the have to pay 1% of the new purchase price or valuation price (whichever higher)

4. Payment schedule - not normal, very upfront arrangement. there is a risk that the balance money may not be enough to sustain the project if any problem.

many more points. need to go thru carefully

This post has been edited by takezhiro: Aug 7 2015, 01:21 PM

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