TGV Cheras Sentral is best cinema in Cheras.
Especially people who like midnight show, touch and go car park system very convenient

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

Takezhiro,
Arte is based on Non Sch-H, commercial property. EKC SOHO Block J & H are Sch H project. Both are different category.

very true.. problems come from those non sch H product like sofo sovo soxo & suite.. soho's are usually sch H..

As commercial properties, the buyers will not enjoy the protection compared with Schedule H project, at least legality, progress billings, defect period etc. Therefore the risk is much higher.

However, putting aside sch H, investors need to think the reward and potential investment return vs risk and not bogged by Schedule H.

Glad to know that you appreciate TGV Cheras Sentral.

In case you have any news once GSC signed any MOU or agreement with EKC mall, pls share with us. Thanks

Also anyone knows which cinema brand will be at Velocity and MyTown?

Youcity will have cinemas as well?.. If yes looks like too many cinemas in jalan cheras, viva, cheras Sentral, velo, mytown, leisure mall, EKC?.. Youcity?

For EKC, we have approximately 1500 residential units. Assuming that on average we have 2 people living in each unit, that's a population of 3000 people within EKC development alone. I would expect the retail stores, f&b, cinema etc. to be self-sustainable even without any external visitors.

This post has been edited by ekorjiulai: Aug 8 2015, 05:20 PM

You got the point. Also residents from Connaught Tayton, office staff from the office block, tourists stay in the hotel....

can see more works onsite today, despite its a sunday.

good job

Ekovest have to rush their DUKE 2.... that is way behind schedule as well.

mmm...i am smelling LD of 10% coming along our way for ekocheras..

Youcity do not have cinema

Sunway styles , they will invite their exiting tenant in Sunway pyramid. TGV possible.

Anyone know IPC have any cinema ? If so, Mytown cinemas should be same name with IPC

sunway already sign on tgv n mytown not too sure but they already got good interest from retailers... mytown will do well

If Youcity does not have a cinema, then the people of this area can choose to watch at nearby cinemas via MRT
1 station away - Cheras Sentral (TGV)
2 stations away - Leisure Mall (GSC) / EKC (TBD)
5 stations away - Velocity (TGV)

If I can recall correctly, the nearest cinema to IPC of PJ, is Cathay Cineplex... Are they related?

Cheras have the most cinema soon if compare to other town area. Taking in from viva home, velocity, shamelin, leisuremall, ekocheras(kiv), cheras sentral, cheras selatan

Boss, any reason that you know? Cashflow issue??

Any unit available? Interested.