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

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Jagalat
post Oct 9 2016, 10:42 PM

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Jagalat
post Oct 9 2016, 10:42 PM

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Jagalat
post Oct 9 2016, 10:45 PM

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New......
BlkM or L (inner corner to Taman Mutiara Barat)
Started to reveal B2 already.
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TSaccetera
post Oct 9 2016, 10:57 PM

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Thanks for these pics and marking. rclxms.gif Jagalat
gks
post Oct 9 2016, 11:17 PM

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the photos shared by Jagalat not really picture how massive is the 12acre project. Ekovest is very ambitious by attempting to build everything at one go and with schedule H... do not have the upfront fund from buyers to do the all the current ongoing works...
Jagalat
post Oct 10 2016, 05:00 PM

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QUOTE(gks @ Oct 10 2016, 12:17 AM)
the photos shared by Jagalat not really picture how massive is the 12acre project. Ekovest is very ambitious by attempting to build everything at one go and with schedule H... do not have the upfront fund from buyers to do the all the current ongoing works...
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Curious if this is internal info.
Thanks.
gks
post Oct 10 2016, 05:11 PM

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QUOTE(Jagalat @ Oct 10 2016, 05:00 PM)
Curious if this is internal info.
Thanks.
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As per schedule H developer only receive fund upon completion of works. Between completion of piling till the construction of parcel, there are carpark basement and mall which constructed either from internal or bridging loan.


Jagalat
post Oct 11 2016, 04:07 PM

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QUOTE(gks @ Oct 10 2016, 06:11 PM)
As per schedule H developer only receive fund upon completion of works. Between completion of piling till the construction of parcel, there are carpark basement and mall which constructed either from internal or bridging loan.
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So how did EKV make it for the period of post pilling till recent draw down billing(about one year window)? Where did they source the fund?
gks
post Oct 11 2016, 11:29 PM

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QUOTE(Jagalat @ Oct 11 2016, 04:07 PM)
So how did EKV make it for the period of post pilling till recent draw down billing(about one year window)? Where did they source the fund?
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Didn't the buyers signed the consent letter for EKV to refinance the land to CIMB for the fund?
Jagalat
post Oct 11 2016, 11:35 PM

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QUOTE(gks @ Oct 12 2016, 12:29 AM)
Didn't the buyers signed the consent letter for EKV to refinance the land to CIMB for the fund?
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Yes. That's one dragging process.
Interest to know any other source of fund besides this one?
gks
post Oct 12 2016, 12:09 AM

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QUOTE(Jagalat @ Oct 11 2016, 11:35 PM)
Yes. That's one dragging process.
Interest to know any other source of fund besides this one?
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You can probably ask this question to Ekovest director during the AGM. drool.gif
jiu9999
post Oct 12 2016, 09:27 AM

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They sold part of their highway. i expect the commencement of the piling of the shopping mall should start anytime soon.
travis8481
post Oct 12 2016, 04:52 PM

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Ekovest Berhad organised a signing ceremony with their key tenants that included amongst many others, GSC, Village Grocer, Borders Books, Starbucks, Coffee Bean, for its new mixed development, EkoCheras.



This post has been edited by travis8481: Oct 12 2016, 04:53 PM
Jagalat
post Oct 12 2016, 06:00 PM

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QUOTE(gks @ Oct 12 2016, 01:09 AM)
You can probably ask this question to Ekovest director during the AGM.  drool.gif
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LOL... I attempt to get street's info first.
No problem.
lamode
post Oct 20 2016, 02:02 PM

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QUOTE(gks @ Oct 12 2016, 12:09 AM)
You can probably ask this question to Ekovest director during the AGM.  drool.gif
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be prepared for blow water kind of answers mega_shok.gif
Jagalat
post Oct 20 2016, 04:16 PM

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QUOTE(lamode @ Oct 20 2016, 03:02 PM)
be prepared for blow water kind of answers  mega_shok.gif
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That's why it's good to obtain street news first then verify it.
Some of the street news is very kin(solid) one.
kentmeng
post Oct 20 2016, 04:51 PM

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From the photos.. feels like everything were so thin and slim... Maybe I feels it wrongly.. hehe
Jagalat
post Oct 20 2016, 05:01 PM

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The camera has been zoomed it out/in a bit to capture the whole building object under one snap.
So in short, you might wanna compare it with the graphics provided by developer...
lamode
post Oct 23 2016, 12:17 AM

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Jagalat remember the project with 4k units near the tesco roundabout?
i passed by the land earlier today and half of the trees are down already
Jagalat
post Oct 23 2016, 12:26 AM

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QUOTE(lamode @ Oct 23 2016, 01:17 AM)
Jagalat remember the project with 4k units near the tesco roundabout?
i passed by the land earlier today and half of the trees are down already
*
Wow...some progress already..... Wonder if their DO has been approved...

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