Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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 Oct 10 2016, 05:00 PM
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5,947 posts Joined: Oct 2013 
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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... Curious if this is internal info.  Thanks. |
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Oct 10 2016, 05:11 PM
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3,833 posts Joined: May 2008
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QUOTE(Jagalat @ Oct 10 2016, 05:00 PM) Curious if this is internal info. 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. Thanks. |
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Oct 11 2016, 04:07 PM
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5,947 posts Joined: Oct 2013
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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. 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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Oct 11 2016, 11:29 PM
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3,833 posts Joined: May 2008
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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? Didn't the buyers signed the consent letter for EKV to refinance the land to CIMB for the fund? |
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Oct 11 2016, 11:35 PM
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5,947 posts Joined: Oct 2013
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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? Yes. That's one dragging process. Interest to know any other source of fund besides this one? |
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Oct 12 2016, 12:09 AM
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3,833 posts Joined: May 2008
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QUOTE(Jagalat @ Oct 11 2016, 11:35 PM) Yes. That's one dragging process. You can probably ask this question to Ekovest director during the AGM. Interest to know any other source of fund besides this one?  |
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Oct 12 2016, 09:27 AM
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Junior Member
269 posts Joined: Jun 2013 
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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.
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Oct 12 2016, 04:52 PM
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696 posts Joined: Mar 2013
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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 |
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Oct 12 2016, 06:00 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(gks @ Oct 12 2016, 01:09 AM) You can probably ask this question to Ekovest director during the AGM. LOL... I attempt to get street's info first. No problem. |
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Oct 20 2016, 02:02 PM
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3,902 posts Joined: Jul 2007
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QUOTE(gks @ Oct 12 2016, 12:09 AM) You can probably ask this question to Ekovest director during the AGM. be prepared for blow water kind of answers  |
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Oct 20 2016, 04:16 PM
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5,947 posts Joined: Oct 2013
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QUOTE(lamode @ Oct 20 2016, 03:02 PM) be prepared for blow water kind of answers That's why it's good to obtain street news first then verify it. Some of the street news is very kin(solid) one. |
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Oct 20 2016, 04:51 PM
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Junior Member
339 posts Joined: Mar 2016 From: Malaysia
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From the photos.. feels like everything were so thin and slim... Maybe I feels it wrongly.. hehe
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Oct 20 2016, 05:01 PM
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5,947 posts Joined: Oct 2013
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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... |
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Oct 23 2016, 12:17 AM
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3,902 posts Joined: Jul 2007
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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 |
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Oct 23 2016, 12:26 AM
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5,947 posts Joined: Oct 2013
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QUOTE(lamode @ Oct 23 2016, 01:17 AM) Jagalat remember the project with 4k units near the tesco roundabout? Wow...some progress already..... Wonder if their DO has been approved...i passed by the land earlier today and half of the trees are down already |
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Oct 27 2016, 10:41 AM
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5,947 posts Joined: Oct 2013
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QUOTE(potenza10 @ Aug 6 2016, 03:05 AM) Proposal just came in .. Will connect with leisure mall car park building . Proposal approved? Last weekend, l saw parking area of Leisure Mall (closest to MRT) being renovated. So will it be connected to MRT walkway? |
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Oct 28 2016, 05:09 PM
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5,947 posts Joined: Oct 2013
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Taken on last Sunday afternoon.
Blk J...some cement work accomplished at L3 from this angle.  |
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Oct 28 2016, 05:09 PM
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5,947 posts Joined: Oct 2013
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Blk H...More vertical steel bar revealed compared to last photo.
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Oct 28 2016, 05:10 PM
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5,947 posts Joined: Oct 2013
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BlkE... A construction crane installed
Tallest LG floor(G is typo)  This post has been edited by Jagalat: Oct 30 2016, 04:13 PM |
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Oct 28 2016, 05:10 PM
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5,947 posts Joined: Oct 2013
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BlkN... An extension of concrete work
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