Reuse of the deleted posting...

With the latest toll hike inclusive of Duke, do you think Ekovest will have a better cash flow for other projects like EKC?
(Understand there are different accounts)


This post has been edited by Jagalat: Oct 14 2015, 04:31 PM

Curious has there been any chance your concern been fedback to the developer...

My take on probability of project abandoning is:
1) 10 months ago - high, as almost no difference upon each visit to the site
2) 4 to 5 months ago - medium high as snail pace progress observed
3) this month - medium as significant progress observed for months

The degree of abandoning, to me, is relatively lower than the reading beginning of the year.
I do not totally rule out the probability as continuous monitoring is still required.

I have no internal visibility on their management decision.

Other buyers pls continue to feedback to the developer whenever possible and tekan them to produce periodic update.

One question is if this debut mixed development project is abandoned, how big is the reputation impact towards subsequent projects?

As for the draw down, if I recall correctly from earlier thread, it should happen when the work of the phase is completed.
Based on the progress, BlkJ buyers should get notice earlier compared to others.

Kindly inform if the pictures of previous page is not viewable. : --)

A few months back, l was informed by a sub con personal working on the basement.
He indicated that the EKC engineer(s) enforced strict requirements in casting the concrete.
Thorough checking has been conducted by EKC engineer(s). Redo / rework would be imposed if mistake were found.
I have no further details beyond this.

What are all these EKC/EKV labeled barricades doing at the entrence of Tesco Midah?

Earlier l tot the barricades were borrowed for MRT construction.

Now it seems that the land in front of Tesco Midah (facing MRR2) is being cleared.

Construction of the Uturn flyover?

The latest photos were taken on 11-Oct, two pages back ....

Was also wondering how this Uturn flyover will be...
Will it allow cars from this flyover to enter Tesco Midah?

https://forum.lowyat.net/topic/3235184/+551

I used to call the number back in 2013 and Joe was answering. Perhaps he has changed the number later.

There are two more numbers in the post but they don't always answer.

Best is still walk in to their Sales gallery at Jln Gombak.

May l understand your statement "at least on par with their initial launching price likely"....

Do you mean exactly the initial launching price?
Or there is an x% increase from the initial launching price... then can you advise the x value?

Thanks

BlkJ...Taken two hrs ago....
Notice a thin layer of "ceiling" forming in progress?


This post has been edited by Jagalat: Oct 25 2015, 05:13 PM

BlkJ...Angle from left....Cement floor extending to office site...

BlkH....Observe more piles compared last picture?

Thank you for checking on them.
Do they aim to publish the periodic update?
I just checked the Ekocheras.com, seem no update.

Need buyers to consistently checking on them. There is a property fair this coming this week.

Can see their effort....
https://forum.lowyat.net/topic/2691655/+528

One buyer name spotted....
Described as a proud buyer in the text ..
Mind to reveal your block if you are reading this forum? Thanks

http://www.thestar.com.my/News/Nation/2015...elopers-booths/

:
Another proud buyer was Tai Peck Tee, who purchased a service apartment unit at EkoCheras by Ekovest Bhd.

“This development is in a very convenient part of town, especially as there is a future MRT station right next door,” he said.

“I’m planning on using this unit for investment. My tenants will be able to shop at the upcoming IKEA store in Cheras.”
:

A prelim welcome ....
I am using Antbank.
Recently they requested the "Power attorney search" and buyers have to pay...
The background is, after loan agreement signed back in 2013, no draw down has yet been made and they wanna know if borrowers become bankrupt since...so they requested this search .... Leceh....
Wonder if other bank is also requesting this type of search....

Also should you plan to flip after vp, avoid those loans with lock in period..

I did not explore how long it takes for the title reflected owner's name...Need other daikors input

Besides lock in and the above scenario, watch out for rpgt if you plan not to use the life time exemption.

Me belum terima lagi....
Anyone ckecked out their booth during the weekend?