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

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Jagalat
post Sep 19 2016, 04:47 PM

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BlkA site, continue to extend....
Bonus image, a yellow/orange train moving on MRT track....
user posted image
gks
post Sep 20 2016, 05:43 PM

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From the last picture to the one posted by Jagalat yesterday, it's approximately 3 weeks and Ekovest seems couldn't complete one single floor for block J & H.

By end of this year the owners shall able to gauge the typical speed of standard floor construction.

BEANCOUNTER
post Sep 20 2016, 08:18 PM

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Another empire city in the making????
Jagalat
post Sep 20 2016, 10:38 PM

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QUOTE(BEANCOUNTER @ Sep 20 2016, 09:18 PM)
Another empire city in the making????
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Very curious how you deduced to ask the question..
Any reason justifying the making?

ryan@chua
post Sep 20 2016, 10:50 PM

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QUOTE(BEANCOUNTER @ Sep 20 2016, 09:18 PM)
Another empire city in the making????
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Bbb project always delay. Bk jalil city maybe the next also?
BEANCOUNTER
post Sep 20 2016, 11:20 PM

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QUOTE(Jagalat @ Sep 20 2016, 10:38 PM)
Very curious how you deduced to ask the question..
Any reason justifying the making?
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It will not finished in 48mths.
Jagalat
post Sep 20 2016, 11:53 PM

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QUOTE(BEANCOUNTER @ Sep 21 2016, 12:20 AM)
It will not finished in 48mths.
*
I see...you mean delay.

Based on the feedback of our chat group, not all signed the same time.

Buyers in chat group are aware of the potential delay based on the pace. At least the project is moving slowly and not paused.

Some buyer(s) expressed the bright side of a delay, ie not flooding the subsale market which is currently soft.
Let the market absorbs the existing vp projects. It may or may not drag a few years. But certainly, not rush to oversupply the subsale market is one option.

The first batch of spa was done in Nov/Dec 2013.
Some of them are in 2014 and there is even one buyer signed in this year. So as for LAD, the eligible receipients are early buyers. Also, as you have predicted, developer may find genuine reason to defer or delay LAD. (Wouldn't rule out this possibility)



xyyap
post Sep 21 2016, 12:01 AM

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QUOTE(Jagalat @ Sep 20 2016, 11:53 PM)
I see...you mean delay.

Based on the feedback of our chat group, not all signed the same time.

Buyers in chat group are aware of the potential delay based on the pace. At least the project is moving slowly and not paused.

Some buyer(s) expressed the bright side of a delay, ie not flooding the subsale market which is currently soft.
Let the market absorbs the existing vp projects. It may or may not drag a few years. But certainly, not rush to oversupply the subsale market is one option.

The first batch of spa was done in Nov/Dec 2013.
Some of them are in 2014 and there is even one buyer signed in this year. So as for LAD, the eligible receipients are early buyers. Also, as you have predicted, developer may find genuine reason to defer or delay LAD. (Wouldn't rule out this possibility)
*
Too many theories

Delay is never Good.

Ekovest will deliver, it just a matter of time
BEANCOUNTER
post Sep 21 2016, 08:09 AM

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QUOTE(Jagalat @ Sep 20 2016, 11:53 PM)
I see...you mean delay.

Based on the feedback of our chat group, not all signed the same time.

Buyers in chat group are aware of the potential delay based on the pace. At least the project is moving slowly and not paused.

Some buyer(s) expressed the bright side of a delay, ie not flooding the subsale market which is currently soft.
Let the market absorbs the existing vp projects. It may or may not drag a few years. But certainly, not rush to oversupply the subsale market is one option.

The first batch of spa was done in Nov/Dec 2013.
Some of them are in 2014 and there is even one buyer signed in this year. So as for LAD, the eligible receipients are early buyers. Also, as you have predicted, developer may find genuine reason to defer or delay LAD. (Wouldn't rule out this possibility)
*
Didnt u spot the similarity btw ekocheras and empire city?
Both projects are too big and developers are too eager to complete the entire project in ONE GO?

Base on the pix....ekocheras progress is extremely slow...one month less than one storey being built.

Am sure the developer will apply to authority to have its building period extended with ground that they have changed the master plan to include a mall. Buyers that hope for delay hence LAD may up for a late surprise.

There is mo need to hope for delay vp bcos market is bad now and more supply is coming in. There will always be supply...and one will never know if futire will not be worse than current.

Anywhere 7xxsq for 1bedder is so yesteryear lioa....these days 7xxsq will have 2beds or 2+1......how to compete?

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post Sep 21 2016, 08:32 AM

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as long as ekc is not completed cheras ppl will continue to suffer congestion along jalan cheras even with the completion of mrt. council should consider a fine...but oh...forgot...croni buddies.
gks
post Sep 21 2016, 09:27 AM

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QUOTE(BEANCOUNTER @ Sep 21 2016, 08:09 AM)
Didnt u spot the similarity btw ekocheras and empire city?
Both projects are too big and developers are too eager to complete the entire project in ONE GO?

Base on the pix....ekocheras progress is extremely slow...one month less than one storey being built.

Am sure the developer will apply to authority to have its building period extended with ground that they have changed the master plan to include a mall. Buyers that hope for delay hence LAD may up for a late surprise.

There is mo need to hope for delay vp bcos market is bad now and more supply is coming in. There will always be supply...and one will never know if futire will not be worse than current.

Anywhere 7xxsq for 1bedder is so yesteryear lioa....these days 7xxsq will have 2beds or 2+1......how to compete?
*
Construction progress for ekocheras seems slow... But I think they will gain momentum when they build more typical floors.

jiu9999
post Sep 21 2016, 09:32 AM

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Shares of Ekovest Bhd is suspended today
Jagalat
post Sep 21 2016, 01:23 PM

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QUOTE(BEANCOUNTER @ Sep 21 2016, 09:09 AM)
Didnt u spot the similarity btw ekocheras and empire city?
Both projects are too big and developers are too eager to complete the entire project in ONE GO?

Base on the pix....ekocheras progress is extremely slow...one month less than one storey being built.

Am sure the developer will apply to authority to have its building period extended with ground that they have changed the master plan to include a mall. Buyers that hope for delay hence LAD may up for a late surprise.

There is mo need to hope for delay vp bcos market is bad now and more supply is coming in. There will always be supply...and one will never know if futire will not be worse than current.

Anywhere 7xxsq for 1bedder is so yesteryear lioa....these days 7xxsq will have 2beds or 2+1......how to compete?
*
So now I get a clearer statement on how you relate the two projects. No, I won't look at it it that way.

You are welcome to view the progress from post#4 first page. Back in 2015, the progress was even slower, until can be suspected to be abandoned. That time were really sweaty. Not saying now is good, but at least moving. Continouse monitoring is on.

Sinario assessment is required for at least mental preparation of potential action. Having LAD or not is one scenario assessed. Let the buyers handle that.

As for the design, duplex with one additional room is more competitive. Need to find alternative way to bridge the gap.

This post has been edited by Jagalat: Sep 21 2016, 01:30 PM
Jagalat
post Sep 21 2016, 01:29 PM

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QUOTE(gks @ Sep 21 2016, 10:27 AM)
Construction progress for ekocheras seems slow... But I think they will gain momentum when they build more typical floors.
*
Base on the pictures of progress, I am thinking the focus is placed on the mall construction ie, B3 to L2 of all sites. So, the towers construction will carry on later.
Jagalat
post Sep 21 2016, 01:36 PM

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QUOTE(xyyap @ Sep 21 2016, 01:01 AM)
Too many theories

Delay is never Good.

Ekovest will deliver, it just a matter of time
*
Better to have a collective scanario assessment from buyers to assess from many angles.


Jagalat
post Sep 21 2016, 01:38 PM

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QUOTE(jiu9999 @ Sep 21 2016, 10:32 AM)
Shares of Ekovest Bhd is suspended today
*
Earned something from yesterday's high?
Any insider news about the "suspended" move?
gks
post Sep 21 2016, 01:40 PM

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QUOTE(Jagalat @ Sep 21 2016, 01:29 PM)
Base on the pictures of progress, I am thinking the focus is placed on the mall construction ie, B3 to L2 of all sites. So, the towers construction will carry on later.
*
I believe the intention is to complete the project at one go, unlike some other integrated project like Tropicana Garden where block A & B will be VP-ed soon but the mall only will be completed by end of 2018.

Hence I observe the priority is to focus on all highrise portion and when they hit certain progress, they will focus on the remaining portion of the mall.
gks
post Sep 21 2016, 05:17 PM

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Ekovest will receive RM1.13b from EPF from the disposal of 40% equity in DUKE

http://www.bursamalaysia.com/market/listed...cements/5210141

However the announcement didn't mention what is ekovest'ss plan to do with the proceed.
Jagalat
post Sep 26 2016, 09:15 PM

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Discovered two clips today.
Shared earlier in chat group...

Enjoy watching
https://youtu.be/AhR0fV_c9kk

Second video... macam lego bricks
http://youtu.be/htI4Rs1odVw

Kobemom
post Sep 27 2016, 11:56 AM

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QUOTE(gks @ Sep 21 2016, 05:17 PM)
Ekovest will receive RM1.13b from EPF from the disposal of 40% equity in DUKE

http://www.bursamalaysia.com/market/listed...cements/5210141

However the announcement didn't mention what is ekovest'ss plan to do with the proceed.
*
There will be DUKE 3 and other property project in KL under Ekovest. I believe are for all these.

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