Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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  Jul 14 2015, 06:32 PM, updated 2y ago
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#1
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10,777 posts Joined: Sep 2009  
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Property news source: https://renthouz.my/news-hub.
Thread No. 4 continues here. *********************************** EKOCHERAS @ JALAN CHERAS [MRT PROPERTY] Version 3 >>> https://forum.lowyat.net/topic/3235184 Version 2 >>> https://forum.lowyat.net/topic/3021334 Version 1 >>> https://forum.lowyat.net/topic/2405379 ************************************ PROGRESS @Jagalat July 5, 2015   This post has been edited by accetera: Jun 28 2024, 11:40 AM |
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Jul 14 2015, 08:29 PM
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#2
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without jagalat we got no progress updates for d site..
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Jul 14 2015, 09:07 PM
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#3
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QUOTE(restful increase @ Jul 14 2015, 06:29 AM) without jagalat we got no progress updates for d site.. with or without jaga kor, progress still slow for 4 versions   Say gona bill for piling but i only see a few besi thr  |
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Jul 14 2015, 09:20 PM
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#4
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QUOTE(Babizz @ Jul 14 2015, 09:07 PM) with or without jaga kor, progress still slow for 4 versions Wow la....like that also can Say gona bill for piling but i only see a few besi thr |
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Jul 14 2015, 11:08 PM
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#6
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QUOTE(Babizz @ Jul 14 2015, 10:07 PM) with or without jaga kor, progress still slow for 4 versions With or without pictures, have you got a chance to visit the site? Say gona bill for piling but i only see a few besi thr |
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Jul 15 2015, 09:17 AM
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#7
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Block J, High Floor, RM 880 psf
Seller bear interest & risk during construction, contract lawyer fee Buyer pay 10% deposit to lawyer. Transfer upon VP |
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Jul 15 2015, 09:21 AM
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#8
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QUOTE(Alvelyn @ Jul 15 2015, 09:17 AM) Block J, High Floor, RM 880 psf Buyer deposit kept with lawyer. Buyer can choose any lawyer firmSeller bear interest & risk during construction, contract lawyer fee Buyer pay 10% deposit to lawyer. Transfer upon VP If abandoned, seller bear all the risk, safer than u buy from developer Forummer who does not understand, don't anyhow comment |
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Jul 15 2015, 09:01 PM
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#9
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QUOTE(Alvelyn @ Jul 15 2015, 09:21 AM) Buyer deposit kept with lawyer. Buyer can choose any lawyer firm Bro how many sqf n high floor?If abandoned, seller bear all the risk, safer than u buy from developer Forummer who does not understand, don't anyhow comment |
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Jul 16 2015, 12:34 AM
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Anyone pass by the site recently? Ekovest has done the new fencing with big poster.
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Jul 16 2015, 08:41 AM
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QUOTE(takezhiro @ Jul 16 2015, 01:34 AM) Anyone pass by the site recently? Ekovest has done the new fencing with big poster. Yup.... nice big poster pasted on the fence... At least during jam time, one can look at the big poster. |
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Jul 16 2015, 09:03 AM
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still a good project.
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Jul 16 2015, 10:34 AM
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QUOTE(soon9913 @ Jul 15 2015, 09:01 PM) Bro how many sqf n high floor? its 762 sq ft and the unit comes with a balcony? |
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Jul 16 2015, 10:35 AM
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QUOTE(Jagalat @ Jul 16 2015, 08:41 AM) Yup.... nice big poster pasted on the fence... At least during jam time, one can look at the big poster. Jagalat kor, can pls post a pix of the big banner if u hv time. |
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Jul 16 2015, 12:44 PM
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QUOTE(restful increase @ Jul 16 2015, 11:35 AM) Jagalat kor, can pls post a pix of the big banner if u hv time. Most of the time, l was driving alone.I do not have the multitasking skill that captures pictures while driving. Anyway, l will try my best ... Other daikors can also post pictures. Thanks |
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Jul 16 2015, 03:02 PM
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#16
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QUOTE(Jagalat @ Jul 14 2015, 09:08 AM) With or without pictures, have you got a chance to visit the site? Visited the site n the jam in front of EKC is VERY BAD..will try to upload pics..saw a few cranes n workers but couldnt snap pics from behind..This post has been edited by Babizz: Jul 16 2015, 03:10 PM |
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Jul 16 2015, 05:50 PM
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QUOTE(Jagalat @ Jul 16 2015, 12:44 PM) Most of the time, l was driving alone. Jagalat kor, really appreciate your updated photos. I only can know the progress through your updated photos as I am not staying around and don't have chance to visit the place.I do not have the multitasking skill that captures pictures while driving. Anyway, l will try my best ... Other daikors can also post pictures. Thanks Drive safe and don't take picture while driving. Safety first la  |
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Jul 16 2015, 05:54 PM
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QUOTE(soon9913 @ Jul 15 2015, 09:01 PM) Bro how many sqf n high floor? 762. Anyone Interested PM |
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Jul 16 2015, 06:43 PM
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Here you go!
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Jul 16 2015, 10:48 PM
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[quote=takezhiro,Jul 16 2015, 06:43 PM]
Here you go! [/qu Thanks very much! |
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Jul 17 2015, 10:42 AM
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service apartment now anymore unit left?
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Jul 17 2015, 07:45 PM
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QUOTE(takezhiro @ Jul 16 2015, 06:43 PM) Here you go! Thank you..!Anyone knows the details plan of the shopping mall? Ie cinema operator? Anchor tenants..? |
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Jul 19 2015, 12:26 PM
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QUOTE(takezhiro @ Jul 16 2015, 06:43 PM) Here you go! Thank you for the pics. |
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Jul 19 2015, 10:07 PM
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BlkJ site...taken today
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Jul 19 2015, 10:08 PM
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Zoom... more sub-structures of pile caps
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Jul 19 2015, 10:09 PM
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BlkH site... digging deeper
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Jul 20 2015, 12:07 PM
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QUOTE(restful increase @ Jul 16 2015, 10:35 AM) Jagalat kor, can pls post a pix of the big banner if u hv time. anticipated next payment in dec this year? |
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Jul 20 2015, 12:21 PM
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QUOTE(restful increase @ Jul 20 2015, 01:07 PM) anticipated next payment in dec this year? I received a call from lawyer firm two weeks back that my next payment should be sometime Aug/Sep..Mine is BlkJ low floor la.... |
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Jul 20 2015, 12:57 PM
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QUOTE(Jagalat @ Jul 20 2015, 12:21 PM) I received a call from lawyer firm two weeks back that my next payment should be sometime Aug/Sep..Mine is BlkJ low floor la.... then mine block H high floor maybe year end then😀 |
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Jul 20 2015, 04:44 PM
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If next billing is for completion of piling then should be for all units irrespective of floor level...but from the photos, does not look like piling completed
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Jul 20 2015, 05:39 PM
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QUOTE(Jagalat @ Jul 20 2015, 12:21 PM) I received a call from lawyer firm two weeks back that my next payment should be sometime Aug/Sep..Mine is BlkJ low floor la.... Bro, the lawyer called u to inform the next payment date or for other purpose?I haven't received any call yet |
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Jul 20 2015, 07:21 PM
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QUOTE(soon9913 @ Jul 20 2015, 05:39 PM) Bro, the lawyer called u to inform the next payment date or for other purpose? Jagalat-kor is normally ahead of the curve...I haven't received any call yet |
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Jul 20 2015, 09:17 PM
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QUOTE(soon9913 @ Jul 20 2015, 06:39 PM) Bro, the lawyer called u to inform the next payment date or for other purpose? The main purpose is to ask me depositing PA etc... I haven't received any call yet In addition, he spelt the next payment.... |
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Jul 20 2015, 10:16 PM
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QUOTE(restful increase @ Jul 20 2015, 08:21 PM) Jagalat-kor is normally ahead of the curve... Apparently there was other daikor getting info and shared.  So others get a head-up then discuss .. I believe in collaboration among buyers makes buyers stronger.  https://forum.lowyat.net/topic/3235184/+2166 |
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Jul 22 2015, 06:40 PM
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ekovest launching their eko titiwangsa condo. any taikor buying thr?
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Jul 23 2015, 05:45 PM
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#36
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Saw the big poster at eko Cheras project site, village grocer .. Is that true?
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Jul 24 2015, 09:42 PM
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QUOTE(takezhiro @ Jul 23 2015, 05:45 PM) Saw the big poster at eko Cheras project site, village grocer .. Is that true? i prefer jaya grocer. Jaya Grocer pricing is more competitive. |
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Jul 24 2015, 10:59 PM
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news report in the edge dated 24 july 2015
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Jul 25 2015, 01:29 AM
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Cheras is arguably now 1 of the up and coming "hot" areas in view of all the mrt stops along jln cheras.
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Jul 25 2015, 01:06 PM
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may i know now still have unit for the service resident ah? thanks
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Jul 25 2015, 02:26 PM
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How is the hotel suite sales?
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Jul 25 2015, 05:49 PM
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QUOTE(linkokkeen @ Jul 25 2015, 01:06 PM) may i know now still have unit for the service resident ah? thanks if u walk into d showroom sure got some leftover units left. normally high floor and with awkward numbering.. |
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Jul 25 2015, 07:50 PM
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An alternative if no response from forumer, is to call SA... https://forum.lowyat.net/topic/3235184/+551 |
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Jul 26 2015, 01:49 AM
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QUOTE(Jagalat @ Jul 25 2015, 07:50 PM) An alternative if no response from forumer, is to call SA... Jagalat-kor, as usual giving prompt response to any lost forumer..https://forum.lowyat.net/topic/3235184/+551 |
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Jul 26 2015, 01:58 AM
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Note the price of leasehold arte@dutamas. its leasehold, no mrt or lrt available. nearest timeframe for mrt3 is 2025. its located beside a large convention centre beside matrade. pricing are above rm930psf. distance to klcc abt same distance for Ekocheras to klcc as well. Ekocheras on d other hand is freehold, hv linked covered bridge to mrt, located on ekomall and opposite leisuremall and surrounded by office blocks and selling at rm700+ psf.
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Jul 26 2015, 08:20 AM
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+ekocheras at mont jiulai Super prime area. Already So many establish Ong commi around. Sure ok 1. Walking distance cari Makan. Banking also walking distance. Movie also walking distance. Manyak authentic kopitiam around mana cari. With Mrt 1 few station away from ikea and kl city
Forget about Mrt 2 And 3. Just pray for Mrt 1 can get done enough Liao. This post has been edited by HELLO HELLO: Jul 26 2015, 08:23 AM |
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Jul 26 2015, 11:59 PM
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ekocheras main competitor will b youcity who also has a mall and a link bridge lrt n also located in cheras.
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Jul 27 2015, 01:09 AM
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QUOTE(restful increase @ Jul 26 2015, 01:58 AM) Note the price of leasehold arte@dutamas. its leasehold, no mrt or lrt available. nearest timeframe for mrt3 is 2025. its located beside a large convention centre beside matrade. pricing are above rm930psf. distance to klcc abt same distance for Ekocheras to klcc as well. Ekocheras on d other hand is freehold, hv linked covered bridge to mrt, located on ekomall and opposite leisuremall and surrounded by office blocks and selling at rm700+ psf. The most important thing is, Arte Dutamas is not under HDA |
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Jul 27 2015, 09:14 AM
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Jul 27 2015, 10:59 AM
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QUOTE(pepper99 @ Jul 27 2015, 10:14 AM) Thanks for the article... ： Property Exchange’s Hum says rents for condominiums in Cheras are currently between RM2 psf and RM3 psf for a fully furnished unit. Older condos such as Warisan City View are going for about RM2 psf, while newer and higher-end developments such as Amaya Maluri are going for RM2.60 psf to RM2.80 psf. “A fully furnished condo unit within an integrated development stands to fetch a higher rental of RM3 psf onwards. Overall, rental demand in Cheras is strong in view of its close proximity to KL city centre and relatively low rental rates.” The edgeproperty.com analytics show that rental yields in Cheras are good, with many developments reaping a yield of 5% and above due to reasonable capital values. ： Using the above statement of max RM3psf rental for current situation, a low floor 762sf duplex 500k (price tag) will yield 3psf*762sf*12months / 500000 = 5.5% It is meeting 5% spelt above. LAD 8% lagi syok? |
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Jul 27 2015, 11:16 AM
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QUOTE(Jagalat @ Jul 27 2015, 10:59 AM) Thanks for the article... i dount it.： Property Exchange’s Hum says rents for condominiums in Cheras are currently between RM2 psf and RM3 psf for a fully furnished unit. Older condos such as Warisan City View are going for about RM2 psf, while newer and higher-end developments such as Amaya Maluri are going for RM2.60 psf to RM2.80 psf. “A fully furnished condo unit within an integrated development stands to fetch a higher rental of RM3 psf onwards. Overall, rental demand in Cheras is strong in view of its close proximity to KL city centre and relatively low rental rates.” The edgeproperty.com analytics show that rental yields in Cheras are good, with many developments reaping a yield of 5% and above due to reasonable capital values. ： Using the above statement of max RM3psf rental for current situation, a low floor 762sf duplex 500k (price tag) will yield 3psf*762sf*12months / 500000 = 5.5% It is meeting 5% spelt above. LAD 8% lagi syok? the condo behind Ecocheras is only renting around RM 1500 for 1165 sqft unit, that works out about RM 1.28 psf, which not even half of what was compared.  |
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Jul 27 2015, 11:27 AM
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QUOTE(lamode @ Jul 27 2015, 12:16 PM) i dount it. Noted.. the condo behind Ecocheras is only renting around RM 1500 for 1165 sqft unit, that works out about RM 1.28 psf, which not even half of what was compared. Mind to reveal the purchase price back then? Thanks |
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Jul 27 2015, 02:13 PM
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QUOTE(Jagalat @ Jul 27 2015, 11:27 AM) Noted.. 10 years ago, around 160kMind to reveal the purchase price back then? Thanks 5 years ago, around 220k today, around 480k |
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Jul 27 2015, 03:27 PM
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wonder what is the targeted rental rate for the service aparment of abt 860built up 1 bedroom ?
full furnished 3000 per month can make to the purchase of +/- 600k ? QUOTE(HELLO HELLO @ Jul 26 2015, 08:20 AM) +ekocheras at mont jiulai Super prime area. Already So many establish Ong commi around. Sure ok 1. Walking distance cari Makan. Banking also walking distance. Movie also walking distance. Manyak authentic kopitiam around mana cari. With Mrt 1 few station away from ikea and kl city Forget about Mrt 2 And 3. Just pray for Mrt 1 can get done enough Liao. |
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Jul 27 2015, 03:44 PM
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QUOTE(restful increase @ Jul 26 2015, 11:59 PM) ekocheras main competitor will b youcity who also has a mall and a link bridge lrt n also located in cheras. but for location wise and ong commi area. ekocheras at way upper hand than youcity.only the ekocheras mall plan macam tak boleh pakai. This post has been edited by HELLO HELLO: Jul 27 2015, 03:45 PM |
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Jul 27 2015, 03:48 PM
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QUOTE(lamode @ Jul 27 2015, 03:13 PM) 10 years ago, around 160k Understand about the low rental psf, the rental yield is attractive for buyers of at least 5 years ago... 5 years ago, around 220k today, around 480k Buyers for 160k enjoy 11.25% rental yield Buyers for 220k enjoy 8.18% rental yield Not bad... |
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Jul 27 2015, 03:52 PM
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QUOTE(GC 2014 @ Jul 27 2015, 03:27 PM) wonder what is the targeted rental rate for the service aparment of abt 860built up 1 bedroom ? 860built up only 1bed?... wow sibeh very expensive layout. usually this size standard should come with 2beds. full furnished 3000 per month can make to the purchase of +/- 600k ? dpc 1bed at north shore around 700+sf. this 1 lagi geng chow than dpc. not sure. if they can create macam verve suite standard. maybe? or RM value drop very jialat. This post has been edited by HELLO HELLO: Jul 27 2015, 03:53 PM |
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Jul 27 2015, 04:59 PM
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If not mistaken, the Tower E serivce aparment with size of range 860ft come with 1 room only...anyone can confirmed ?
QUOTE(HELLO HELLO @ Jul 27 2015, 03:52 PM) 860built up only 1bed?... wow sibeh very expensive layout. usually this size standard should come with 2beds. dpc 1bed at north shore around 700+sf. this 1 lagi geng chow than dpc. not sure. if they can create macam verve suite standard. maybe? or RM value drop very jialat. |
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Jul 27 2015, 07:09 PM
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i heard fr SA u can place partitions and create a 2nd room for block E.
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Jul 27 2015, 07:11 PM
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QUOTE(HELLO HELLO @ Jul 27 2015, 03:44 PM) but for location wise and ong commi area. ekocheras at way upper hand than youcity. hello hello-kor, why u say ekocheras location more ong than youcity's location.only the ekocheras mall plan macam tak boleh pakai. |
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Jul 27 2015, 08:09 PM
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QUOTE(restful increase @ Jul 27 2015, 07:11 PM) hello hello-kor, why u say ekocheras location more ong than youcity's location. in front of ekocheras now with leisure mall and the sibeh ong commi next to it. parking at commi there always full and jam. don't forget also down behind ekocheras not far away is sibeh ong connaught area liao. full of famous eateries.youcity... can see lor. now still quite isolated compare to EC areas there. |
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Jul 27 2015, 09:39 PM
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QUOTE(GC 2014 @ Jul 27 2015, 01:27 AM) wonder what is the targeted rental rate for the service aparment of abt 860built up 1 bedroom ? if can get 2k is consider very good.. although psf price is important most ppl perceive 1 room apartmnt despite 800sqft as 1 room rather which can fit 2 rooms easily... full furnished 3000 per month can make to the purchase of +/- 600k ? ekocheras closer to commie area n surrounding also nicer than youcity area..  |
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Jul 28 2015, 12:43 AM
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QUOTE(Babizz @ Jul 27 2015, 09:39 PM) if can get 2k is consider very good.. although psf price is important most ppl perceive 1 room apartmnt despite 800sqft as 1 room rather which can fit 2 rooms easily... Scott garden such a location, their 1 bed duplex rental about 2k-2.5k fully furnished. ekocheras closer to commie area n surrounding also nicer than youcity area.. Eko Cheras direct link mrt, complete by 2008 that time, I dare to say rental won't cheap than Scott garden. |
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Jul 28 2015, 12:44 AM
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QUOTE(HELLO HELLO @ Jul 27 2015, 08:09 PM) in front of ekocheras now with leisure mall and the sibeh ong commi next to it. parking at commi there always full and jam. don't forget also down behind ekocheras not far away is sibeh ong connaught area liao. full of famous eateries. Cheras need more and more population to boost up Cheras! Youcity , eko is good to have together.youcity... can see lor. now still quite isolated compare to EC areas there. |
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Jul 28 2015, 08:01 AM
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#65
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QUOTE(takezhiro @ Jul 27 2015, 10:43 AM) Scott garden such a location, their 1 bed duplex rental about 2k-2.5k fully furnished. scott garden transacted rental from around 1.3k to 1.7k Fully Furnished... u can ask for rental of 3k on propwal but if transacted rental is 1.6k then thats the actual range..Eko Cheras direct link mrt, complete by 2008 that time, I dare to say rental won't cheap than Scott garden. |
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Jul 28 2015, 10:55 AM
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QUOTE(Babizz @ Jul 28 2015, 08:01 AM) scott garden transacted rental from around 1.3k to 1.7k Fully Furnished... u can ask for rental of 3k on propwal but if transacted rental is 1.6k then thats the actual range.. Maybe my client lucky, rent 1.9k partial furnished, and another one 2.1k for fully furnished.Well, Eko Cheras with MRT, mall .. I'm sure could get better rent. This post has been edited by takezhiro: Jul 28 2015, 10:56 AM |
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Jul 28 2015, 04:04 PM
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#67
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QUOTE(takezhiro @ Jul 23 2015, 06:45 PM) Saw the big poster at eko Cheras project site, village grocer .. Is that true? Since If I read it correctly, it displayed "Villege" (instead of Village) on the poster?The "Villege" also appeared in the latest video clip.... This post has been edited by Jagalat: Jul 28 2015, 04:05 PM |
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Jul 28 2015, 05:31 PM
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Junior Member
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QUOTE(Jagalat @ Jul 28 2015, 04:04 PM) Since If I read it correctly, it displayed "Villege" (instead of Village) on the poster? Confusing word, btw, do you have the latest video clip link?The "Villege" also appeared in the latest video clip.... |
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Jul 28 2015, 07:08 PM
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i think very likely u will earn LD of 10% fr ekovest for their late delivery..
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Jul 28 2015, 11:07 PM
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Can pm me detail for this project. Thanks
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Jul 28 2015, 11:23 PM
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QUOTE(restful increase @ Jul 28 2015, 07:08 PM) i think very likely u will earn LD of 10% fr ekovest for their late delivery.. Those opted dibs is likely get LAD due the spa dated dec 13. I didn't opt dibs n my spa dated Apr 15.. |
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Jul 29 2015, 10:28 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(soon9913 @ Jul 29 2015, 12:23 AM) Those opted dibs is likely get LAD due the spa dated dec 13. I didn't opt dibs n my spa dated Apr 15.. Noted...Just to confirm, the Apr 15 is Apr 2015? Or 15-Apr? If Apr-2015, curious why SnP signing session can be delayed so long from booking time... |
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Jul 29 2015, 10:48 AM
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Senior Member
3,833 posts Joined: May 2008
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If Ekovest really send out progress billing in August, means they take about 20months from earliest stamped SPA to complete the piling + groundwork work....
Left 22months before the LAD kick in... Ekovest has a lot of works to catch up. |
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Jul 29 2015, 11:44 AM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(soon9913 @ Jul 28 2015, 11:23 PM) Those opted dibs is likely get LAD due the spa dated dec 13. I didn't opt dibs n my spa dated Apr 15.. i didnt opt for dibs and my s&p is still dated dec 2013. |
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Jul 29 2015, 01:16 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Jul 29 2015, 12:44 PM) i didnt opt for dibs and my s&p is still dated dec 2013. One question to confirm, the LAD is based on SnP signing date or stamping date? Thanks My lawyer told me it is based on stamping date. |
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Jul 29 2015, 02:17 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(Jagalat @ Jul 29 2015, 01:16 PM) One question to confirm, the LAD is based on SnP signing date or stamping date? Thanks Signing dateMy lawyer told me it is based on stamping date. The stamping date cannot be more than one month after the signing date otherwise penalty will occur. |
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Jul 29 2015, 06:47 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(gks @ Jul 29 2015, 02:17 PM) Signing date so if its based on stamping date then ekovest got 1 month grace only.The stamping date cannot be more than one month after the signing date otherwise penalty will occur. |
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Jul 29 2015, 07:01 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Jul 28 2015, 04:04 PM) Since If I read it correctly, it displayed "Villege" (instead of Village) on the poster? wonder this "Villege" is a grocery shop or something else?The "Villege" also appeared in the latest video clip.... |
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Jul 29 2015, 08:08 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Jul 28 2015, 06:31 PM) Confusing word, btw, do you have the latest video clip link? The video clip is in the Ekocheras.com, the "same" grocer appeared at Lower Ground floor .... |
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Jul 30 2015, 12:24 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(Jagalat @ Jul 29 2015, 08:08 PM) The video clip is in the Ekocheras.com, the "same" grocer appeared at Lower Ground floor .... I think the retailers are not secured yet. It is norm for developers to slight tweak the name of retailers in their Advertising & Marketing kits to avoid legal action....For exampel ABIBAS, STARDUCKS etc... |
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Jul 30 2015, 01:06 AM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(Jagalat @ Jul 29 2015, 10:28 AM) Noted... typo, should be Apr-14..Just to confirm, the Apr 15 is Apr 2015? Or 15-Apr? If Apr-2015, curious why SnP signing session can be delayed so long from booking time... |
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Jul 30 2015, 01:57 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(gks @ Jul 30 2015, 01:24 AM) I think the retailers are not secured yet. That was what l thought also. It is norm for developers to slight tweak the name of retailers in their Advertising & Marketing kits to avoid legal action....For exampel ABIBAS, STARDUCKS etc... Curious why they displayed a tweaked name of grocer along with other facts like office/residential/hotel info on the poster... |
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Aug 2 2015, 11:51 AM
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Newbie
4 posts Joined: Nov 2009
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Resident unit still available? PM me detail
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Aug 2 2015, 06:21 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(blastbalistix @ Aug 2 2015, 12:51 PM) Resident unit still available? PM me detail Alternatively, try Mapex exhibition at Sunway Pyramid if you can make it today.. look for D'Hill booth(Ekovest booth)..Here was an info obtained on Friday from Mapex. https://forum.lowyat.net/topic/3571829/+601 |
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Aug 4 2015, 01:11 AM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Aug 2 2015, 06:21 PM) Alternatively, try Mapex exhibition at Sunway Pyramid if you can make it today.. look for D'Hill booth(Ekovest booth).. Jagalat-kor, which other property u bought. So we can also buy and we get your constant updates..😀Here was an info obtained on Friday from Mapex. https://forum.lowyat.net/topic/3571829/+601 |
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Aug 4 2015, 10:25 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site taken this afternoon.. High level view... The "building structure" with scarfolding in green net and roof, at the right edge, is the Tmn Mutiara MRT station.  |
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Aug 4 2015, 10:28 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Zoom
More pile caps completed  |
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Aug 4 2015, 10:33 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site
Digging deeper....  |
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Aug 5 2015, 10:57 AM
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Junior Member
364 posts Joined: Dec 2008
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QUOTE(Jagalat @ Aug 4 2015, 10:33 PM) BlkH site Good digging progress Digging deeper....  |
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Aug 6 2015, 09:53 AM
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Senior Member
1,428 posts Joined: Sep 2013
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Jagalat kor, fr ur photos i noticed quite a number of heavy machineries on the site. Better progress than before.
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Aug 6 2015, 10:27 AM
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Senior Member
3,774 posts Joined: Mar 2012
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I call up Ekovest and ask about the slow progress and spoke to 2 person.
First person said piling completing soon. When I asked when, then she said their project department said by june/july this year. Then I said now already august and she said need to check again. Second person said slow because they need to do the basement. I said already 1.5 years after launch, she said don't worry still in progress. They are big company and still launching few other new projects Anyone want to call again and see what answer they give? |
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Aug 6 2015, 12:01 PM
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All Stars
20,146 posts Joined: May 2011
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man man lai lah....
why the hurry? |
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Aug 6 2015, 01:28 PM
Show posts by this member only | IPv6 | Post
#93
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Aug 6 2015, 10:53 AM) Jagalat kor, fr ur photos i noticed quite a number of heavy machineries on the site. Better progress than before. According to source, most of the current work are heavily machine dependent. So, the more machines in operation, the better the progress. Based-on one week day observation, the number of workers are more compared to weekend. |
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Aug 6 2015, 01:53 PM
Show posts by this member only | IPv6 | Post
#94
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Aug 6 2015, 11:27 AM) I call up Ekovest and ask about the slow progress and spoke to 2 person. I attended their booth last week and asked one SA about the progress. First person said piling completing soon. When I asked when, then she said their project department said by june/july this year. Then I said now already august and she said need to check again. Second person said slow because they need to do the basement. I said already 1.5 years after launch, she said don't worry still in progress. They are big company and still launching few other new projects Anyone want to call again and see what answer they give? She gave me the similar answer as yours. (A few months back, she told me that she, as a SA, also has a unit also, so no worry) I indicated that this may impact their reputation for other launch. Another SA (at the same booth) told me that 70% of the launched block(EKT) are sold. (Me speechless)  Yes..Need more buyers to give them more calls. This post has been edited by Jagalat: Aug 6 2015, 01:55 PM |
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Aug 6 2015, 02:20 PM
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Junior Member
465 posts Joined: Jun 2014
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Yes, ekovest is solid company with track record in Construction of road, infra etc..Property developer ? New kids ..
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Aug 6 2015, 07:30 PM
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Senior Member
1,428 posts Joined: Sep 2013
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xchange rate oredi 3.96 vs usd
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Aug 7 2015, 01:45 AM
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Junior Member
122 posts Joined: Jul 2007
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Ekocheras mall is in the mid to negotiate with GSC.
Their mall Managment should be Savills |
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Aug 7 2015, 10:53 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Aug 7 2015, 02:45 AM) Ekocheras mall is in the mid to negotiate with GSC. Hope the EKC mall has GSC.Their mall Managment should be Savills The cinemas environment/seating/screen position at Leisure Mall is kinda outdated and not being renovated to catch up to the latest trend/features. To me, GSC is my long waited cinema to extend its business in Cheras since Leisure Mall days. If GSC comes in, the EKC cinema can be extended or higher tier halls to Leisure Mall. It can operate like GSC siblings way in MV+Gardens, BTS+Pavilion ...  |
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Aug 7 2015, 01:19 PM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Aug 7 2015, 10:53 AM) Hope the EKC mall has GSC. TGV Cheras Sentral is best cinema in Cheras. The cinemas environment/seating/screen position at Leisure Mall is kinda outdated and not being renovated to catch up to the latest trend/features. To me, GSC is my long waited cinema to extend its business in Cheras since Leisure Mall days. If GSC comes in, the EKC cinema can be extended or higher tier halls to Leisure Mall. It can operate like GSC siblings way in MV+Gardens, BTS+Pavilion ... Especially people who like midnight show, touch and go car park system very convenient |
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Aug 7 2015, 01:20 PM
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Junior Member
122 posts Joined: Jul 2007
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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 |
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Aug 7 2015, 02:15 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(takezhiro @ Aug 7 2015, 01:20 PM) Copy other forum thread. Important and general knowledge when you buying commercials resident so call soho Takezhiro, 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 Arte is based on Non Sch-H, commercial property. EKC SOHO Block J & H are Sch H project. Both are different category. |
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Aug 7 2015, 02:25 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(gks @ Aug 7 2015, 12:15 AM) Takezhiro, very true.. problems come from those non sch H product like sofo sovo soxo & suite.. soho's are usually sch H..Arte is based on Non Sch-H, commercial property. EKC SOHO Block J & H are Sch H project. Both are different category. |
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Aug 7 2015, 03:30 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(Babizz @ Aug 7 2015, 02:25 PM) 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. |
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Aug 8 2015, 10:44 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Aug 7 2015, 02:19 PM) TGV Cheras Sentral is best cinema in Cheras. Glad to know that you appreciate TGV Cheras Sentral. Especially people who like midnight show, touch and go car park system very convenient 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? |
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Aug 8 2015, 12:06 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(Jagalat @ Aug 8 2015, 10:44 AM) Glad to know that you appreciate TGV Cheras Sentral. 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?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? |
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Aug 8 2015, 05:19 PM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(soon9913 @ Aug 8 2015, 05:06 AM) 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 |
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Aug 9 2015, 12:47 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(ekorjiulai @ Aug 8 2015, 05:19 PM) 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. You got the point. Also residents from Connaught Tayton, office staff from the office block, tourists stay in the hotel.... |
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Aug 9 2015, 10:02 PM
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Senior Member
3,902 posts Joined: Jul 2007
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can see more works onsite today, despite its a sunday.
good job   |
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Aug 10 2015, 06:47 PM
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All Stars
10,777 posts Joined: Sep 2009
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Ekovest have to rush their DUKE 2.... that is way behind schedule as well.
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Aug 10 2015, 09:47 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(accetera @ Aug 10 2015, 06:47 PM) 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.. |
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Aug 11 2015, 01:07 AM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(soon9913 @ Aug 8 2015, 12:06 PM) 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? Youcity do not have cinema |
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Aug 11 2015, 01:09 AM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Aug 8 2015, 10:44 AM) Glad to know that you appreciate TGV Cheras Sentral. Sunway styles , they will invite their exiting tenant in Sunway pyramid. TGV possible. 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? Anyone know IPC have any cinema ? If so, Mytown cinemas should be same name with IPC |
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Aug 11 2015, 09:07 AM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(takezhiro @ Aug 10 2015, 11:09 AM) Sunway styles , they will invite their exiting tenant in Sunway pyramid. TGV possible. sunway already sign on tgv n mytown not too sure but they already got good interest from retailers... mytown will do wellAnyone know IPC have any cinema ? If so, Mytown cinemas should be same name with IPC |
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Aug 11 2015, 10:20 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Aug 11 2015, 02:07 AM) Youcity do not have cinema 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) |
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Aug 11 2015, 10:35 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Aug 11 2015, 02:09 AM) Sunway styles , they will invite their exiting tenant in Sunway pyramid. TGV possible. If I can recall correctly, the nearest cinema to IPC of PJ, is Cathay Cineplex... Are they related?Anyone know IPC have any cinema ? If so, Mytown cinemas should be same name with IPC |
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Aug 11 2015, 10:40 AM
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Junior Member
166 posts Joined: Nov 2007
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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
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Aug 11 2015, 12:18 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(accetera @ Aug 10 2015, 06:47 PM) Ekovest have to rush their DUKE 2.... that is way behind schedule as well. Boss, any reason that you know? Cashflow issue?? |
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Aug 12 2015, 03:02 PM
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Junior Member
138 posts Joined: Sep 2006
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Any unit available? Interested.
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Aug 13 2015, 09:17 AM
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Junior Member
75 posts Joined: May 2013
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QUOTE(Alvelyn @ Jul 15 2015, 09:17 AM) Block J, High Floor, RM 880 psf Buyer deposit kept with lawyer. Buyer can choose any lawyer firmSeller bear interest & risk during construction, contract lawyer fee Buyer pay 10% deposit to lawyer. Transfer upon VP If abandoned, seller bear all the risk, safer than u buy from developer |
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Aug 13 2015, 10:06 AM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Jagalat @ Aug 10 2015, 08:20 PM) If Youcity does not have a cinema, then the people of this area can choose to watch at nearby cinemas via MRT boss, the leasing for ekc started ah? n someone mention they nego with GSC now right? how come gsc interested to open here while leisure mall so nearby?1 station away - Cheras Sentral (TGV) 2 stations away - Leisure Mall (GSC) / EKC (TBD) 5 stations away - Velocity (TGV) |
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Aug 13 2015, 03:36 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Babizz @ Aug 13 2015, 11:06 AM) boss, the leasing for ekc started ah? n someone mention they nego with GSC now right? how come gsc interested to open here while leisure mall so nearby? I also hope to get insider's new.Here is what I guess (my opinion only, no need to agree) 1) Market opportunity After Leisure Mall (LM) cinema and for the past 20 years, GSC has expanded its business almost every where in KV but not Cheras. The nearest GSC to LM, are MV and BTS. With only 4 halls and its "status quo" facility(seat layout, flat-slope floor, screen up), LM is considered not on par with other GSC cinemas (stair-ed floor seats, Dolby Atmos, THX). Most new cinemas are with 8-13 halls nowadays. Can 4 halls still cope for the market? All the cinemas quoted in this post are non-GSC brands. QUOTE(JXplod @ Aug 11 2015, 11:40 AM) 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 2) Competition or ComplementaryIf a non-GSC cinema is to operate at EKC, it is a direct competitor to GSC Leisure Mall(LM) With only 4 halls and current facility, can GSC compete with other brands within this MRT station? Will patrons prefer a newer EKC cinema in walking distance? On the other hand, if GSC enters EKC, the business can be operated like siblings complementing each other. I quoted these GSC siblings examples several times eg, MV/Gardens and BTS/Pavilion. Each cinema are complementing the other. Perhaps GSC can operate in the same way while GSC EKC in higher tier/better facility. Likewise, if GSC LM tickets are fully sold, people can walk to EKC for tickets, and vice versa. 3) MRT factors People from a few stations away, towards Kajang direction (I know Kajang and Cheras Selatan have cinemas), eg, Cheras 9-11 miles, will have more choice of cinemas besides TGV. In fact, LM/EKC it is just one MRT station away from Cheras Sentral. Looking at cinemas in a new upcoming mall at Cheras, (Cheras Senratl-TGV, Velocity-TGV) EKC is the last available slot. I do not know if GSC is considering the above factors. But I hope they get to read this forum. In fact, if they came to to the nego stage(regardless if the deal is closed/sealed), GSC has at least trying its best to look for Cheras opportunity. This post has been edited by Jagalat: Aug 13 2015, 03:40 PM |
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Aug 13 2015, 04:44 PM
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Senior Member
1,428 posts Joined: Sep 2013
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Jagalat-kor, very good and detailed analysis above. Thanks.
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Aug 13 2015, 05:59 PM
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Senior Member
5,436 posts Joined: Jan 2011
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QUOTE(Jagalat @ Aug 13 2015, 03:36 PM) I also hope to get insider's new. MV is standard GSC cinema + gold class.Here is what I guess (my opinion only, no need to agree) 1) Market opportunity After Leisure Mall (LM) cinema and for the past 20 years, GSC has expanded its business almost every where in KV but not Cheras. The nearest GSC to LM, are MV and BTS. With only 4 halls and its "status quo" facility(seat layout, flat-slope floor, screen up), LM is considered not on par with other GSC cinemas (stair-ed floor seats, Dolby Atmos, THX). Most new cinemas are with 8-13 halls nowadays. Can 4 halls still cope for the market? All the cinemas quoted in this post are non-GSC brands. 2) Competition or Complementary If a non-GSC cinema is to operate at EKC, it is a direct competitor to GSC Leisure Mall(LM) With only 4 halls and current facility, can GSC compete with other brands within this MRT station? Will patrons prefer a newer EKC cinema in walking distance? On the other hand, if GSC enters EKC, the business can be operated like siblings complementing each other. I quoted these GSC siblings examples several times eg, MV/Gardens and BTS/Pavilion. Each cinema are complementing the other. Perhaps GSC can operate in the same way while GSC EKC in higher tier/better facility. Likewise, if GSC LM tickets are fully sold, people can walk to EKC for tickets, and vice versa. 3) MRT factors People from a few stations away, towards Kajang direction (I know Kajang and Cheras Selatan have cinemas), eg, Cheras 9-11 miles, will have more choice of cinemas besides TGV. In fact, LM/EKC it is just one MRT station away from Cheras Sentral. Looking at cinemas in a new upcoming mall at Cheras, (Cheras Senratl-TGV, Velocity-TGV) EKC is the last available slot. I do not know if GSC is considering the above factors. But I hope they get to read this forum. In fact, if they came to to the nego stage(regardless if the deal is closed/sealed), GSC has at least trying its best to look for Cheras opportunity. garden is GSC signature cinema a standard 1 ticket can up to rm50+ above. 2 tikets cincincaicai above RM100++ (for standard movie without 3D some more) only better spacious seat. This post has been edited by HELLO HELLO: Aug 13 2015, 06:04 PM |
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Aug 13 2015, 06:24 PM
Show posts by this member only | IPv6 | Post
#124
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Junior Member
166 posts Joined: Nov 2007
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QUOTE(HELLO HELLO @ Aug 13 2015, 05:59 PM) MV is standard GSC cinema + gold class. Hello hello gor, mv no longer Hv gold class, all move to gardens signature gsc. From gold class to premier class, I hv cross check gsc management. They will upgrade the leisure mall seat and their movie system, other than that whether they going to venture into EKC, chances are slim.garden is GSC signature cinema a standard 1 ticket can up to rm50+ above. 2 tikets cincincaicai above RM100++ (for standard movie without 3D some more) only better spacious seat. |
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Aug 13 2015, 07:29 PM
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5,436 posts Joined: Jan 2011
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QUOTE(JXplod @ Aug 13 2015, 06:24 PM) Hello hello gor, mv no longer Hv gold class, all move to gardens signature gsc. From gold class to premier class, I hv cross check gsc management. They will upgrade the leisure mall seat and their movie system, other than that whether they going to venture into EKC, chances are slim. yawor thanks for remind.  recently baru sudah pigi mv few times for movie... also forget liao they change liao. still have the old mv cinema in my mind. at garden signature gsc no play play. saw manyak high spending power local pipu there willing to pay that much for movie. manyak amok young teenager also like to watch in garden signature gsc. to have signature gsc cheras here...susah.. don't think manyak willing to pay that much. mindset belum sampai that lvl... if not wrong pavilion kl also tak ada signature gsc. This post has been edited by HELLO HELLO: Aug 13 2015, 07:33 PM |
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Aug 13 2015, 07:59 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(HELLO HELLO @ Aug 13 2015, 08:29 PM) yawor thanks for remind. Not meaning signature will come to Cheras la. But the sibling model is potential. recently baru sudah pigi mv few times for movie... also forget liao they change liao. still have the old mv cinema in my mind. at garden signature gsc no play play. saw manyak high spending power local pipu there willing to pay that much for movie. manyak amok young teenager also like to watch in garden signature gsc. to have signature gsc cheras here...susah.. don't think manyak willing to pay that much. mindset belum sampai that lvl... if not wrong pavilion kl also tak ada signature gsc. Anyway, too early to predict now... |
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Aug 13 2015, 08:04 PM
Show posts by this member only | IPv6 | Post
#127
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Junior Member
166 posts Joined: Nov 2007
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QUOTE(HELLO HELLO @ Aug 13 2015, 07:29 PM) yawor thanks for remind. Hehe no worry hello hello gor, yup gsc signature garden really pack when block buster movie is on show. recently baru sudah pigi mv few times for movie... also forget liao they change liao. still have the old mv cinema in my mind. at garden signature gsc no play play. saw manyak high spending power local pipu there willing to pay that much for movie. manyak amok young teenager also like to watch in garden signature gsc. to have signature gsc cheras here...susah.. don't think manyak willing to pay that much. mindset belum sampai that lvl... if not wrong pavilion kl also tak ada signature gsc. Well who knows maybe in future cheras will reach that status hehehe. |
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Aug 13 2015, 08:10 PM
Show posts by this member only | IPv6 | Post
#128
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Junior Member
166 posts Joined: Nov 2007
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QUOTE(Jagalat @ Aug 13 2015, 07:59 PM) Not meaning signature will come to Cheras la. But the sibling model is potential. But is good too if gsc really can open it's new cinema at EKC, let's looks forward for EKC to rise from the ground. N change the view of jalan cheras, really going to be spectacular. Now you city taking shape, cheras getting more n more exciting this few years. Anyway, too early to predict now... |
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Aug 13 2015, 09:33 PM
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Junior Member
55 posts Joined: Mar 2011
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MyTown confirmed have GSC d, will GSC still masuk EKC? i dunno but i hope so.
btw MyTown open end of next year. |
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Aug 13 2015, 09:59 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(friiedcake @ Aug 13 2015, 10:33 PM) MyTown confirmed have GSC d, will GSC still masuk EKC? i dunno but i hope so. Great to hear that. btw MyTown open end of next year. Earlier we were trying to identify which cinema will be operating at MyTown. How many halls will it be? MyTown is not really located at Jln Cheras but for sure it will reduce the possibility of GSC to EKC. Anyway l will still hope GSC to expend its business at EKC. |
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Aug 13 2015, 10:19 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(mwoo728 @ Aug 13 2015, 11:14 PM) Hi guys, if you are interested to get MLTA with min rm500 coverage for 30 years, kindly PM me to get the details. Bro, you have been posting the same message across multiple forums.... Wish you all the best! |
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Aug 14 2015, 09:23 AM
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All Stars
10,162 posts Joined: Nov 2014
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Nowadays you can get RM500k coverage for death/tpd with just RM250/monthly at 30 years old, best of all, you can settle your loan earlier within 13 years
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Aug 14 2015, 08:08 PM
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Junior Member
69 posts Joined: Sep 2013
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Just got this letter today. Look like everything on schedule.
Letter.pdf ( 70.33k )
Number of downloads: 143 |
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Aug 14 2015, 10:45 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Bouch @ Aug 14 2015, 09:08 PM) Just got this letter today. Look like everything on schedule. Thanks Bouch boss for the letter.
Letter.pdf ( 70.33k )
Number of downloads: 143At least buyers get to know periodic update from the developer. Thanks all buyers for your effort to feedback to the developer either directly or indirectly.  |
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Aug 15 2015, 12:19 AM
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122 posts Joined: Jul 2007
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My personally believe my town will success than velo, brand new "area" compare to Maluri, cannot imagine those area next to velo... Mess man
Cheras sentral cinema seem doing well recently. Can feel more supporter than before Ekc is Managment by Savills, anyone know about this company ? |
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Aug 15 2015, 02:47 AM
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112 posts Joined: Nov 2013
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QUOTE(takezhiro @ Aug 14 2015, 05:19 PM) My personally believe my town will success than velo, brand new "area" compare to Maluri, cannot imagine those area next to velo... Mess man I'm based in London and the name sounded familiar, googled it and indeed, its headquarter is in London. Seems like a fairly big global real estate firm, listed on FTSE250 stock exchange. Cheras sentral cinema seem doing well recently. Can feel more supporter than before Ekc is Managment by Savills, anyone know about this company ? Things are looking fairly promising by the look of things but keep up with the updates. Appreciate the input from all of you guys. |
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Aug 15 2015, 08:41 AM
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Senior Member
875 posts Joined: Apr 2006
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QUOTE(takezhiro @ Aug 15 2015, 12:19 AM) My personally believe my town will success than velo, brand new "area" compare to Maluri, cannot imagine those area next to velo... Mess man New development may be coming at the area beside velocity, as reported by ptlmCheras sentral cinema seem doing well recently. Can feel more supporter than before Ekc is Managment by Savills, anyone know about this company ? |
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Aug 15 2015, 09:20 AM
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5,947 posts Joined: Oct 2013
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QUOTE(ekorjiulai @ Aug 15 2015, 03:47 AM) I'm based in London and the name sounded familiar, googled it and indeed, its headquarter is in London. Seems like a fairly big global real estate firm, listed on FTSE250 stock exchange. Hi ekorjiulai boss, glad to hear that the Savills sounds familiar to you. Things are looking fairly promising by the look of things but keep up with the updates. Appreciate the input from all of you guys. If possible, can you help to observe more details if Savills mostly manages which types of malls, whether they manage highend mall (eg Pavilion here) or mid range (eg MV, 1U) or ordinary shopping complex(eg Sg Wang)? This way, we can have a prelim impression of EKC mall will likely to be. Thanks a lot This post has been edited by Jagalat: Aug 15 2015, 09:27 AM |
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Aug 15 2015, 04:56 PM
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112 posts Joined: Nov 2013
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QUOTE(Jagalat @ Aug 15 2015, 02:20 AM) Hi ekorjiulai boss, glad to hear that the Savills sounds familiar to you. Did some research and it seems that they manage a wide range of retail management from low to high end malls. They currently manage:If possible, can you help to observe more details if Savills mostly manages which types of malls, whether they manage highend mall (eg Pavilion here) or mid range (eg MV, 1U) or ordinary shopping complex(eg Sg Wang)? This way, we can have a prelim impression of EKC mall will likely to be. Thanks a lot 113 shopping malls 636 retail parks (i.e. street shopping concept) 87 leisure schemes UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management: Princesshay shopping centre (anchor: john lewis, debenhams, next) Fort shopping centre (anchor: Marks & Spencer) John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M. Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition). So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company). |
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Aug 15 2015, 06:36 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(takezhiro @ Aug 14 2015, 10:19 AM) My personally believe my town will success than velo, brand new "area" compare to Maluri, cannot imagine those area next to velo... Mess man very apt analysis.. sunwai already suffering with putra mall n mytown location n access is MUCH better... Cheras sentral cinema seem doing well recently. Can feel more supporter than before Ekc is Managment by Savills, anyone know about this company ? jus imagine, after shopping in ikea will u go to the connected mall or will u go 500-700m to velocity?? maluri is really a SLUM.. at least the ikea area is at the edge.. |
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Aug 15 2015, 09:11 PM
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5,947 posts Joined: Oct 2013
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QUOTE(ekorjiulai @ Aug 15 2015, 05:56 PM) Did some research and it seems that they manage a wide range of retail management from low to high end malls. They currently manage: Once again, thank you for the research and analysis. 113 shopping malls 636 retail parks (i.e. street shopping concept) 87 leisure schemes UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management: Princesshay shopping centre (anchor: john lewis, debenhams, next) Fort shopping centre (anchor: Marks & Spencer) John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M. Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition). So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company). Looking forward to seeing Savills stepping its foot step in Msia. |
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Aug 15 2015, 09:24 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(ekorjiulai @ Aug 15 2015, 04:56 PM) Did some research and it seems that they manage a wide range of retail management from low to high end malls. They currently manage: Thank you for your details analysis.113 shopping malls 636 retail parks (i.e. street shopping concept) 87 leisure schemes UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management: Princesshay shopping centre (anchor: john lewis, debenhams, next) Fort shopping centre (anchor: Marks & Spencer) John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M. Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition). So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company). Do you know if they manage any malls in Malaysia/ Singapore or Thailand? .. |
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Aug 16 2015, 09:18 PM
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3,774 posts Joined: Mar 2012
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http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv
what is your comment on the financial and cash flow position of the developer? |
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Aug 16 2015, 11:14 PM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(soon9913 @ Aug 15 2015, 02:24 PM) Thank you for your details analysis. Not sure about this boss. Maybe Savills Malaysia website would shed some light on this.Do you know if they manage any malls in Malaysia/ Singapore or Thailand? .. |
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Aug 16 2015, 11:26 PM
Show posts by this member only | IPv6 | Post
#145
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All Stars
10,777 posts Joined: Sep 2009
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Having Savills is good first start but their portfolio is nothing to shout.
Their portfolio: http://www.savills.com.my/services/retail-services.aspx - The Curve, Damansara - KL Festival City, Kuala Lumpur - Citta Mall, Subang Jaya - Imago, Kota Kinabalu - The Spring, Kuching - City Square, Johor Bahru This post has been edited by accetera: Aug 16 2015, 11:27 PM |
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Aug 17 2015, 12:06 AM
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Junior Member
122 posts Joined: Jul 2007
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As I know, developer internal purchaser not really impress to Savills Managme Eko Mall,
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Aug 17 2015, 10:23 AM
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5,947 posts Joined: Oct 2013
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QUOTE(accetera @ Aug 17 2015, 12:26 AM) Having Savills is good first start but their portfolio is nothing to shout. Thanks for the info... Their portfolio: http://www.savills.com.my/services/retail-services.aspx - The Curve, Damansara - KL Festival City, Kuala Lumpur - Citta Mall, Subang Jaya - Imago, Kota Kinabalu - The Spring, Kuching - City Square, Johor Bahru Savills has been here for sometime already... |
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Aug 17 2015, 10:24 AM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site taken on Sunday afternoon.. High level view...Not so obvious from this angle.....  |
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Aug 17 2015, 10:25 AM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site taken from another angle(left)  |
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Aug 17 2015, 10:27 AM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site, seems something is on...
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Aug 17 2015, 10:28 AM
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5,947 posts Joined: Oct 2013
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BlkH site - zoom... some piles and perhaps a pile cap in progess
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Aug 17 2015, 10:29 AM
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5,947 posts Joined: Oct 2013
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BlkE site ie yellow crane area, can't reach that far..Better view is to oberve from Jln Cheras
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Aug 17 2015, 05:40 PM
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(Jagalat @ Aug 17 2015, 10:23 AM) Thanks for the info... Savills recently took over CB Richard Ellis Malaysia (CBRE).Savills has been here for sometime already... Long time ago, CBRE did managed some malls as well, including the infamous SStwo Mall. |
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Aug 17 2015, 08:28 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(CMW123 @ Aug 16 2015, 09:18 PM) http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv Anyone has comment on this?what is your comment on the financial and cash flow position of the developer? |
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Aug 17 2015, 08:49 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(accetera @ Aug 17 2015, 03:40 AM) Savills recently took over CB Richard Ellis Malaysia (CBRE). oops.. SS2 Long time ago, CBRE did managed some malls as well, including the infamous SStwo Mall. any successful malls under their belt? |
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Aug 18 2015, 10:53 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Aug 16 2015, 10:18 PM) http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv The news was 4 months ago. what is your comment on the financial and cash flow position of the developer? I would like to know too their financial and cash flow situation. I try not to speculate. Other daikors, pls advise. Thanks |
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Aug 18 2015, 11:31 AM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(Jagalat @ Aug 18 2015, 10:53 AM) The news was 4 months ago. Jagalat bro, better look at their quarterly report to know their cash flow status.I would like to know too their financial and cash flow situation. I try not to speculate. Other daikors, pls advise. Thanks |
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Aug 18 2015, 11:47 AM
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5,947 posts Joined: Oct 2013
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QUOTE(neonikson1 @ Aug 18 2015, 12:31 PM) Jagalat bro, better look at their quarterly report to know their cash flow status. Will do, bro, thanks...  Any URL link to their quarterly report? P/S: Saw you actively participating in Sendayan related thread recently. Should be making some profit there... hehe  |
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Aug 18 2015, 11:56 AM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(Jagalat @ Aug 18 2015, 11:47 AM) Will do, bro, thanks... Yep... am exploring seremban area, quite interesting. Any URL link to their quarterly report? P/S: Saw you actively participating in Sendayan related thread recently. Should be making some profit there... hehe |
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Aug 18 2015, 12:08 PM
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Senior Member
2,086 posts Joined: Feb 2011
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Aug 18 2015, 04:08 PM
Show posts by this member only | IPv6 | Post
#161
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(neonikson1 @ Aug 18 2015, 01:08 PM) [quote=CMW123,Aug 16 2015, 10:18 PM]http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv what is your comment on the financial and cash flow position of the developer? Have a quick glimpse about cash flow on pg4 and observed some negative values (negative net cash from operating activities, negative net cash used in investing activities etc) (I am no expert, just reading only) CMW boss, what do you think? (Believe you have something in mind) Have yet seen their June report made available from the link... |
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Aug 18 2015, 05:13 PM
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Senior Member
3,774 posts Joined: Mar 2012
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From the marketing brochure, the EKC land has been charged to Ambank. Since the land has been bought many years ago at low cost, the land cost should have been paid off presumably. Then this charge should be for bridging loan.
If there is really a bridging loan obtained from Ambank, there should be adequate cashflow available to fund and push the construction fast |
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Aug 19 2015, 07:29 PM
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Junior Member
122 posts Joined: Jul 2007
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FYI
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Aug 21 2015, 03:34 PM
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112 posts Joined: Nov 2013
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Aug 21 2015, 11:13 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Weekend Side Track
http://www.theborneopost.com/2015/08/17/ek...n-duke-highway/ Ekovest in good stead with acquisition of 100 pct equity interest in DUKE highway August 17, 2015, Monday "On another note, Kenanga Research said that the major portion of the unbilled sales is from EkoCheras (gross development value (GDV) of RM1.6 billion) and expected to last until 2017." Related PDF. https://www.google.com/url?sa=t&source=web&...Zlt4jjvvJ_oBu3g This post has been edited by Jagalat: Aug 21 2015, 11:17 PM |
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Aug 23 2015, 03:20 PM
Show posts by this member only | IPv6 | Post
#166
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Senior Member
5,947 posts Joined: Oct 2013
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Taken today, about 2 hours ago
BlkJ site  This post has been edited by Jagalat: Aug 23 2015, 03:51 PM |
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Aug 23 2015, 03:21 PM
Show posts by this member only | IPv6 | Post
#167
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site, taken from left angle  |
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Aug 23 2015, 03:21 PM
Show posts by this member only | IPv6 | Post
#168
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site, larger area dug..
 This post has been edited by Jagalat: Aug 23 2015, 03:23 PM |
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Aug 23 2015, 03:23 PM
Show posts by this member only | IPv6 | Post
#169
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Senior Member
5,947 posts Joined: Oct 2013
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Huge quantity and a big pile of metal/steel rods used for construction.  |
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Aug 24 2015, 12:43 AM
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122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Aug 23 2015, 03:23 PM) Huge quantity and a big pile of metal/steel rods used for construction. Thank you so much appreciate your info and update. |
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Aug 24 2015, 09:25 PM
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Junior Member
33 posts Joined: Nov 2008 From: Kaula Lumpur
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QUOTE(Jagalat @ Aug 23 2015, 03:23 PM) Huge quantity and a big pile of metal/steel rods used for construction. Walao all rusty rebars here.......no proper cover or protection all.....all bars will suffer sectional lost after exposing for one year... |
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Aug 24 2015, 09:50 PM
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1,428 posts Joined: Sep 2013
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QUOTE(sianglee @ Aug 24 2015, 09:25 PM) Walao all rusty rebars here.......no proper cover or protection all.....all bars will suffer sectional lost after exposing for one year... the PRC bars will all b buried in cement and concrete soon.. |
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Aug 24 2015, 10:01 PM
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5,436 posts Joined: Jan 2011
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Yawor besi so sibeh rusty Liao. Even cover with cement how Long it can last?
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Aug 25 2015, 01:14 AM
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1,428 posts Joined: Sep 2013
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QUOTE(HELLO HELLO @ Aug 24 2015, 10:01 PM) Yawor besi so sibeh rusty Liao. Even cover with cement how Long it can last? once in the cement no more air penetration so the rusting process stops. |
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Aug 27 2015, 11:09 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(accetera @ Aug 17 2015, 06:40 PM) Savills recently took over CB Richard Ellis Malaysia (CBRE). I hope Savills gets to learn what went wrong with SStwo mall. Long time ago, CBRE did managed some malls as well, including the infamous SStwo Mall. In addition, both EKV and Savills should come out with the recipes in making the EKC mall successful. http://www.nanyang.com/node/719199?tid=688 |
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Aug 27 2015, 11:59 AM
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122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Aug 27 2015, 11:09 AM) I hope Savills gets to learn what went wrong with SStwo mall. very sad to see cheras central many retail moving outIn addition, both EKV and Savills should come out with the recipes in making the EKC mall successful. http://www.nanyang.com/node/719199?tid=688 |
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Aug 27 2015, 12:19 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(takezhiro @ Aug 27 2015, 12:59 PM) very sad to see cheras central many retail moving out I am sad too. Since Cheras Sentral lost its interchange status(not in new proposed MRT2 alignment), Mayland and its mall management unit really have to put in more effort in sustaining the mall. |
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Aug 27 2015, 07:46 PM
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Junior Member
33 posts Joined: Nov 2008 From: Kaula Lumpur
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QUOTE(restful increase @ Aug 25 2015, 01:14 AM) once in the cement no more air penetration so the rusting process stops. Bro its not the problem of continuing rusting in the concrete, its the problem of is those bars enough capacity not within the design limit. Says the design require 4nos of 20 mm diameter bars in the beams/columns, but after the rusting process left only the rusty 4 nos of 18 mm diameter bars 100%-(18^2/20^2 x 100)=19% losses!!! ....become much insufficient, hard to tell about the real integrity of structure performance later.. |
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Sep 1 2015, 09:35 AM
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122 posts Joined: Jul 2007
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New tenant coming to leisure mall.
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Sep 1 2015, 11:54 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(sianglee @ Aug 27 2015, 07:46 PM) Bro its not the problem of continuing rusting in the concrete, its the problem of is those bars enough capacity not within the design limit. Says the design require 4nos of 20 mm diameter bars in the beams/columns, but after the rusting process left only the rusty 4 nos of 18 mm diameter bars 100%-(18^2/20^2 x 100)=19% losses!!! ....become much insufficient, hard to tell about the real integrity of structure performance later.. actually i noticed most contractors leave their iron bars uncovered. i think it cost them money and space to provide a cover. |
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Sep 2 2015, 12:28 PM
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Senior Member
745 posts Joined: Jul 2010
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QUOTE(sianglee @ Aug 27 2015, 07:46 PM) Bro its not the problem of continuing rusting in the concrete, its the problem of is those bars enough capacity not within the design limit. Says the design require 4nos of 20 mm diameter bars in the beams/columns, but after the rusting process left only the rusty 4 nos of 18 mm diameter bars 100%-(18^2/20^2 x 100)=19% losses!!! ....become much insufficient, hard to tell about the real integrity of structure performance later.. Is the structure still safe for occupancy? |
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Sep 6 2015, 12:22 AM
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1,428 posts Joined: Sep 2013
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QUOTE(wl_n @ Sep 2 2015, 12:28 PM) Is the structure still safe for occupancy? if u check other construction sites, u will notice most (if not all) also leave their metal bars outside and exposed to the sun and rain. let me noe which projects actually built a shade for these materials. |
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Sep 6 2015, 12:24 AM
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Senior Member
1,428 posts Joined: Sep 2013
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i heard fr another staff of ekocheras that saville is not managing their mall. the mall will be self managed by internal ekovest management.
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Sep 6 2015, 10:24 AM
Show posts by this member only | IPv6 | Post
#184
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All Stars
10,777 posts Joined: Sep 2009
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Hearsay Ikon Connaught rental drop to flat RM1,000 per month only. Jia lat... Babizz
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Sep 6 2015, 10:46 AM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(accetera @ Sep 6 2015, 10:24 AM) Hearsay Ikon Connaught rental drop to flat RM1,000 per month only. Jia lat... Babizz 40 new malls entering to Klang Valley competition by next year! Retail business faces the biggest challenge of all time!http://www.thestar.com.my/Business/Busines...tail/?style=biz |
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Sep 6 2015, 10:54 AM
Show posts by this member only | IPv6 | Post
#186
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All Stars
10,777 posts Joined: Sep 2009
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QUOTE(neonikson1 @ Sep 6 2015, 10:46 AM) 40 new malls entering to Klang Valley competition by next year! Retail business faces the biggest challenge of all time! There are actually more than 40, easily double or triple if u include places like Ikon Connaught as a mall and future unconfirmed ones such as Atria Cheras and Dupion Island Cheras.http://www.thestar.com.my/Business/Busines...tail/?style=biz |
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Sep 6 2015, 12:00 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(restful increase @ Sep 6 2015, 12:24 AM) i heard fr another staff of ekocheras that saville is not managing their mall. the mall will be self managed by internal ekovest management. Understand each n every businessman wants to maximise the return of investment. But they are not professional in this field, they should engaged professional to manage the mall and hotel although need to pay hefty management fee. This is high end project with the tallest building in Cheras may end up like a pasar malam project if manage by an inexperience team. it is like experiment project for them to test their internal staff capability to run mall n hotel.How can a construction and development company run mall and hotel ?? In my opinion, they are just too selfish and put too much risk to the buyers like us! |
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Sep 6 2015, 12:09 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(soon9913 @ Sep 6 2015, 12:00 PM) Understand each n every businessman wants to maximise the return of investment. But they are not professional in this field, they should engaged professional to manage the mall and hotel although need to pay hefty management fee. This is high end project with the tallest building in Cheras may end up like a pasar malam project if manage by an inexperience team. it is like experiment project for them to test their internal staff capability to run mall n hotel. this dev does not have even a fraction of the cash needed to hire a good retail team la.How can a construction and development company run mall and hotel ?? In my opinion, they are just too selfish and put too much risk to the buyers like us! |
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Sep 6 2015, 12:15 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(soon9913 @ Sep 6 2015, 12:00 PM) Understand each n every businessman wants to maximise the return of investment. But they are not professional in this field, they should engaged professional to manage the mall and hotel although need to pay hefty management fee. This is high end project with the tallest building in Cheras may end up like a pasar malam project if manage by an inexperience team. it is like experiment project for them to test their internal staff capability to run mall n hotel. Hope this is not the case. It will be devastating if it is. How can a construction and development company run mall and hotel ?? In my opinion, they are just too selfish and put too much risk to the buyers like us! Based on its location and MRT connection, EkoCheras Mall could very well be one of the best mall in town. Don't waste it! |
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Sep 6 2015, 12:40 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(HarpArtist @ Sep 6 2015, 12:09 PM) this dev does not have even a fraction of the cash needed to hire a good retail team la. They have money and the major shareholder is top 20 wealthiest man in Malaysia. They bought the land 10 years back with a very cheap price and can easily get financing from it. If u see the financial report, yes it is true that the gearing of the company is high mainly due to financing for duke2 highway which is under construction.It is just depend on how much margin they want to make from this project and whether the management is good enough to see longer term rental yield for this project by spending a little bit more money to hire a professional team to reduce the risk of this project! I don't believe the rental can be high yield if everything also DIY ! And the appreciation of the property value also limited ! |
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Sep 6 2015, 12:46 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(soon9913 @ Sep 6 2015, 12:40 PM) They have money and the major shareholder is top 20 wealthiest man in Malaysia. They bought the land 10 years back with a very cheap price and can easily get financing from it. If u see the financial report, yes it is true that the gearing of the company is high mainly due to financing for duke2 highway which is under construction. shareholder is rich never equates to the company being rich.It is just depend on how much margin they want to make from this project and whether the management is good enough to see longer term rental yield for this project by spending a little bit more money to hire a professional team to reduce the risk of this project! I don't believe the rental can be high yield if everything also DIY ! And the appreciation of the property value also limited ! |
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Sep 6 2015, 12:50 PM
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918 posts Joined: Jan 2012
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Come on la! First mall and hotel engaged professional to managed and at the same time setup a management team to learn from this experience then only can say in next project that our management team will bring the same success story of retail mall and hotel in ekocheras to our next flagship project - Ekotitiwangsa project!
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Sep 6 2015, 12:55 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(HarpArtist @ Sep 6 2015, 12:46 PM) shareholder is rich never equates to the company being rich. I know. What I try to say is they can do it well if sacrifice a little bit profit margin by hiring a good team for good rental yield in long term! |
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Sep 6 2015, 02:56 PM
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Junior Member
33 posts Joined: Nov 2008 From: Kaula Lumpur
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QUOTE(restful increase @ Sep 6 2015, 12:22 AM) if u check other construction sites, u will notice most (if not all) also leave their metal bars outside and exposed to the sun and rain. let me noe which projects actually built a shade for these materials. Most smart sub cons wont stockpile these rebar in huge quantities due to the cost,just the quantities required and will be installed within short period (prevent rust issue). Some maincon or developers who thought they are smart will buy those steel bar in huge quantities (lower price as economic of scale? Or some great commissions driven)as they are much financially strong. End up tons of rusty bar left rusty onsite for years untill they are required. Thats the fact of our local construction industry, no one to be blamed here..This post has been edited by sianglee: Sep 6 2015, 02:57 PM |
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Sep 6 2015, 03:43 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(soon9913 @ Sep 6 2015, 12:55 PM) I know. What I try to say is they can do it well if sacrifice a little bit profit margin by hiring a good team for good rental yield in long term! totally agree with you. but we know the typical cinaman malaysian style businessman  |
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Sep 6 2015, 04:46 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(HarpArtist @ Sep 6 2015, 03:43 PM) totally agree with you. but we know the typical cinaman malaysian style businessman Bro there are chinaman companies doing good job. |
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Sep 6 2015, 05:18 PM
Show posts by this member only | IPv6 | Post
#197
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(soon9913 @ Sep 6 2015, 01:50 PM) Come on la! First mall and hotel engaged professional to managed and at the same time setup a management team to learn from this experience then only can say in next project that our management team will bring the same success story of retail mall and hotel in ekocheras to our next flagship project - Ekotitiwangsa project! May l suggest all buyers to feedback the concern about mall management at their BOOTH in every property exhibition/event? Buyers can suggest your idal mall management to them. Remind them if EKC mall failed then all malls along other river also will not come to life. At least we have done our part. This post has been edited by Jagalat: Sep 6 2015, 05:34 PM |
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Sep 6 2015, 05:35 PM
Show posts by this member only | IPv6 | Post
#198
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site taken yesterday.. Observe any difference compared to last picture .....  |
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Sep 6 2015, 05:35 PM
Show posts by this member only | IPv6 | Post
#199
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site taken from left angle ......
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Sep 6 2015, 05:36 PM
Show posts by this member only | IPv6 | Post
#200
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site ......
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Sep 6 2015, 08:52 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Jagalat @ Sep 6 2015, 03:18 AM) May l suggest all buyers to feedback the concern about mall management at their BOOTH in every property exhibition/event? Buyers can suggest your idal mall management to them. we can feedback all we want but mall management is a diff ballgame.. most mall managers i know will say NO even to the idea of new malls with low chansi of success let alone manage them.. Remind them if EKC mall failed then all malls along other river also will not come to life. At least we have done our part. Progress looks good btw On a side note, notice even more shops closing down n some retailers r saying a big no no to new malls.. winter has begun n we are just at the start |
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Sep 6 2015, 09:54 PM
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Senior Member
1,428 posts Joined: Sep 2013
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block j progress looks good
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Sep 7 2015, 05:03 PM
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5,947 posts Joined: Oct 2013
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QUOTE(Babizz @ Sep 6 2015, 09:52 PM) we can feedback all we want but mall management is a diff ballgame.. most mall managers i know will say NO even to the idea of new malls with low chansi of success let alone manage them.. A few months, you mentioned the progress was hardly move or snail pace. (You were invited to have look. Wonder you have been to site.) With multiple feedback from buyers, the developer had finally decided to provide periodic update. Now you say progress looks good. Progress looks good btw On a side note, notice even more shops closing down n some retailers r saying a big no no to new malls.. winter has begun n we are just at the start The EKC and its mall is the debut mixed project of EKV. If this project fails, it will impact EKV image in subsequent projects, specially malls by the river of life. All buyers out there, pls continue your good work to press developer and feedback about the mall. Not sure if the developer will finally employ extetnal team to manage the mall. We should not give without trying. Not try no gain. Cheers! |
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 Sep 7 2015, 10:32 PM
Show posts by this member only | IPv6 | Post
#204
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Junior Member
109 posts Joined: Apr 2007
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QUOTE(Jagalat @ Sep 7 2015, 05:03 PM) A few months, you mentioned the progress was hardly move or snail pace. (You were invited to have look. Wonder you have been to site.) With multiple feedback from buyers, the developer had finally decided to provide periodic update. Now you say progress looks good. Agree and SupportThe EKC and its mall is the debut mixed project of EKV. If this project fails, it will impact EKV image in subsequent projects, specially malls by the river of life. All buyers out there, pls continue your good work to press developer and feedback about the mall. Not sure if the developer will finally employ extetnal team to manage the mall. We should not give without trying. Not try no gain. Cheers! |
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Sep 7 2015, 10:57 PM
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Senior Member
2,140 posts Joined: Jan 2013
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QUOTE(cteh2 @ Sep 7 2015, 10:32 PM) Agree and Support Fren EKC mall leasing secured by S*vills agency if I not mistaken Patience la, planning stage. Direct compete with leisure makl |
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Sep 9 2015, 12:03 AM
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1,428 posts Joined: Sep 2013
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if u look at successful malls besides the size (tends to be at least 1.2 m sq ft NLA at least), another impt factor is that they all are connected to or located very nearby corporate office towers that are highly occupied. Bandar Utama has 1 First Avenue, Plaza IBM, KPMG tower. These 3 office towers are fully occupied. Midvalley has Boulevard n Arcc Offices, KLCC Sunsuria has petronas twin tower office, menara maxis, menara public bank, menara TA, Wisma Selangor Dredging. Even Pavillion has Menara Standard Chartered and Wisma Genting just barely 60 metres away. These fully occupied office blocks provide constant foot traffic to the malls daily besides tourists. But tourists are seasonal only, whereas white collar offices provides the daily turnover. If ekocheras mall is to succeed, then the developer better make sure their office tower is highly occupied (80 to 90%). If not the mall will become a white elephant in due time. The residential units alone are not sufficient to fire up the mall biz. Why? bcoz most of the "normal" residents leave home at 745am (ir earlier) to go to work to beat the jam and return home at 8 to 830pm. So thr is very limited time for them to visit their mall downstairs, whereas office workers with only 1 hour lunch have not much choice but to eat inside the mall or food court as they dont have much time to venture outside. In between they will also visit retail outlets to purchase their needed items as it will b very convenient for them to do their shopping since their offices are located within the integrated project.
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Sep 9 2015, 06:29 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(restful increase @ Sep 9 2015, 12:03 AM) if u look at successful malls besides the size (tends to be at least 1.2 m sq ft NLA at least), another impt factor is that they all are connected to or located very nearby corporate office towers that are highly occupied. Bandar Utama has 1 First Avenue, Plaza IBM, KPMG tower. These 3 office towers are fully occupied. Midvalley has Boulevard n Arcc Offices, KLCC Sunsuria has petronas twin tower office, menara maxis, menara public bank, menara TA, Wisma Selangor Dredging. Even Pavillion has Menara Standard Chartered and Wisma Genting just barely 60 metres away. These fully occupied office blocks provide constant foot traffic to the malls daily besides tourists. But tourists are seasonal only, whereas white collar offices provides the daily turnover. If ekocheras mall is to succeed, then the developer better make sure their office tower is highly occupied (80 to 90%). If not the mall will become a white elephant in due time. The residential units alone are not sufficient to fire up the mall biz. Why? bcoz most of the "normal" residents leave home at 745am (ir earlier) to go to work to beat the jam and return home at 8 to 830pm. So thr is very limited time for them to visit their mall downstairs, whereas office workers with only 1 hour lunch have not much choice but to eat inside the mall or food court as they dont have much time to venture outside. In between they will also visit retail outlets to purchase their needed items as it will b very convenient for them to do their shopping since their offices are located within the integrated project. Good analysis! |
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Sep 10 2015, 03:29 PM
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1,428 posts Joined: Sep 2013
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convesely if u see malls that are not doing so well besides smallish in size (normally below 700 sq ft NLA), they are typically surrounded by residential houses or service apartments but do not hv much integration with corporate offices which are fully tenanted. A few examples are Paradigm mall, Tropicana mall, Atria, Quill, Jaya Mall, The 19 USJ City mall and SS2 mall. These malls are not thriving as they do NOT have constant foot traffic from white collar office workers working in nearby corporate office towers. With 40 new malls set to open by next year, i wonder how these malls will survive when intense competition sets in for these retail malls.
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Sep 10 2015, 05:16 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Sep 10 2015, 04:29 PM) convesely if u see malls that are not doing so well besides smallish in size (normally below 700 sq ft NLA), they are typically surrounded by residential houses or service apartments but do not hv much integration with corporate offices which are fully tenanted. A few examples are Paradigm mall, Tropicana mall, Atria, Quill, Jaya Mall, The 19 USJ City mall and SS2 mall. These malls are not thriving as they do NOT have constant foot traffic from white collar office workers working in nearby corporate office towers. With 40 new malls set to open by next year, i wonder how these malls will survive when intense competition sets in for these retail malls. So bro, what would you like to suggest for the EKC mall management team? To monitor the performance of the 40 new plus existing old malls for the next year and re-strategize? I hope they are reading this forum. This post has been edited by Jagalat: Sep 10 2015, 05:17 PM |
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Sep 10 2015, 06:25 PM
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Senior Member
1,780 posts Joined: Jul 2008
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QUOTE(restful increase @ Sep 10 2015, 03:29 PM) convesely if u see malls that are not doing so well besides smallish in size (normally below 700 sq ft NLA), they are typically surrounded by residential houses or service apartments but do not hv much integration with corporate offices which are fully tenanted. A few examples are Paradigm mall, Tropicana mall, Atria, Quill, Jaya Mall, The 19 USJ City mall and SS2 mall. These malls are not thriving as they do NOT have constant foot traffic from white collar office workers working in nearby corporate office towers. With 40 new malls set to open by next year, i wonder how these malls will survive when intense competition sets in for these retail malls. one city mall , office fully tenanted n size is big also empty.. |
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Sep 10 2015, 06:46 PM
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1,428 posts Joined: Sep 2013
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QUOTE(LTG @ Sep 10 2015, 06:25 PM) one city mall , office fully tenanted n size is big also empty.. one city mall is called The Place. Its not big. 500 sq ft NLA only and the developer also did a mistake by selling the retail spaceTo hv a successful mall another key factor is for the developer not to sell any of the retail space but to hold it for better tenant control. |
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Sep 10 2015, 07:04 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Sep 10 2015, 05:16 PM) So bro, what would you like to suggest for the EKC mall management team? EKC should look into how to get their corporate office tower be fully tenanted by MNC companies and also big listed companies. As a general rule of thumb, mncs normally pay 20 to 30% more than local companies. By getting these better paid workers into their corporate office tower, these workers have more disposable income to spend at ekomall which is good for the business of the food and retail shops. This is key to the success of ekomall. the resi units alone cannot fire up the biz of the mall. The "normal' residents at block J, H and E will leave at 730 am to work to beat d jam and rtn late maybe 8 to 830pm, not leaving them with much discretionary time 2 shop. Only the retirees got lots of time to hang around eko mall but retirees do not have active income anymore so they will be careful with their spending. This group would not be able to drive the ekomall biz. The high paid white collar workers working in the corporate office tower can drive the eko mall business. So attention should be paid to filling up ekocheras corporate office tower with mnc companies and other big stable malaysian companies who are good pay masters. The mall need to leverage on the tenants of the corporate office tower as their key stable customers, then the hotel guests and lastly the residence staying in block J, H and block E.To monitor the performance of the 40 new plus existing old malls for the next year and re-strategize? I hope they are reading this forum. |
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Sep 11 2015, 04:18 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Sep 10 2015, 08:04 PM) EKC should look into how to get their corporate office tower be fully tenanted by MNC companies and also big listed companies. As a general rule of thumb, mncs normally pay 20 to 30% more than local companies. By getting these better paid workers into their corporate office tower, these workers have more disposable income to spend at ekomall which is good for the business of the food and retail shops. This is key to the success of ekomall. the resi units alone cannot fire up the biz of the mall. The "normal' residents at block J, H and E will leave at 730 am to work to beat d jam and rtn late maybe 8 to 830pm, not leaving them with much discretionary time 2 shop. Only the retirees got lots of time to hang around eko mall but retirees do not have active income anymore so they will be careful with their spending. This group would not be able to drive the ekomall biz. The high paid white collar workers working in the corporate office tower can drive the eko mall business. So attention should be paid to filling up ekocheras corporate office tower with mnc companies and other big stable malaysian companies who are good pay masters. The mall need to leverage on the tenants of the corporate office tower as their key stable customers, then the hotel guests and lastly the residence staying in block J, H and block E. Well say bro..Thanks for the analysis of suggested key success for Ekomall. Have also read your similar comment from you have been spelt in the MCT REO thread. The Ekocheras has a few different scenarios 1) Unlike MCT mall having the planning and execution to bring in more MNC companies, the office units of EKC are sold to public(EKV may keep a little). Hence, I am not sure how the MNC companies would like to setup their offices by renting from public 2) According to the video of river of life, EKV's HQ will be built there (ie not in EKC) 3) There are commercial area opposite to Ekomall, ie the retail shops at Tmn Segar and Leisure Mall. What can Ekomall do to leverage and draw crowd from Tmn Segar commercial area. 4) Ekomall is located within established and mature surrounding(Tayton View, Mutiara Barat, Billion, Awana Puri. There are will be less development. What can Ekomall do to target this group of nearby "residential" customers? 4) Via MRT, Ekomall is connected to Kajang side. What are the main features Ekomall can/will have to attract crowd from Kajang direction? Any further analysis and suggestions are welcome. Thanks a lot, bro. This post has been edited by Jagalat: Sep 11 2015, 04:33 PM |
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Sep 11 2015, 05:07 PM
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Junior Member
48 posts Joined: Jul 2014
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I am pretty worried for EKC mall. Just look at Cheras Sentral and Viva Mall. They are all dead
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Sep 11 2015, 05:10 PM
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111 posts Joined: May 2009
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Just wonder how much unit left for the duplex and price available?
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Sep 11 2015, 06:24 PM
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1,428 posts Joined: Sep 2013
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QUOTE(guardize @ Sep 11 2015, 05:10 PM) Just wonder how much unit left for the duplex and price available? just call their sales office and check or call 0127073350 (head of marketing - joe wong) |
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Sep 11 2015, 06:25 PM
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1,428 posts Joined: Sep 2013
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QUOTE(QSquare @ Sep 11 2015, 05:07 PM) I am pretty worried for EKC mall. Just look at Cheras Sentral and Viva Mall. They are all dead no integration with corporate offices..that's their downfall. |
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Sep 12 2015, 12:54 AM
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Senior Member
1,428 posts Joined: Sep 2013
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Jagalat-kor, ekocheras is having only 1 block of office tower and selling at average price of rm800 psf. I do not know what is the size of Ekocheras office suites in totality from NLA perspective. Apparently sales of their office suites have been brisk. The hotel guest can also provide foot traffic to ekocheras mall. From my view, the white collar office workers will provide the most stable foot traffic to the mall, followed by the hotel guest and lastly the residents of block J, H & E, along this order. As a comparison, upcoming MCT mall in usj will have equivalent size of 1.5 m sq ft NLA with its 3 blocks of grade A office towers which also commands 1.5m sq ft NLA From a strategic perspective, MCT got their development concept correct as they plan to bring in 15,000 white collar workers into their 3 blocks of grade A office towers. They are not selling the office blocks but will be owning the office blocks and leasing them to their chosen segment of tenants (preferable higher paying MNCs and big listed malaysian companies). This would create the perfect synergy for their MCT mall as these higher paid white collar workers will have more disposable income to spend in the mall. Sorry to hijack this forum with another project but Jagalat-kor and myself just wanted to draw a comparison between the 2 integrated projects.
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Sep 12 2015, 08:08 PM
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918 posts Joined: Jan 2012
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QUOTE(Jagalat @ Sep 6 2015, 05:35 PM) BlkJ site taken yesterday.. The car park opposite to EKC is 70% completed..Observe any difference compared to last picture ..... Attached thumbnail(s) 
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Sep 15 2015, 11:47 PM
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Junior Member
122 posts Joined: Jul 2007
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Mall management is KEY of success!
QUOTE(Jagalat @ Sep 11 2015, 04:18 PM) Well say bro.. Thanks for the analysis of suggested key success for Ekomall. Have also read your similar comment from you have been spelt in the MCT REO thread. The Ekocheras has a few different scenarios 1) Unlike MCT mall having the planning and execution to bring in more MNC companies, the office units of EKC are sold to public(EKV may keep a little). Hence, I am not sure how the MNC companies would like to setup their offices by renting from public 2) According to the video of river of life, EKV's HQ will be built there (ie not in EKC) 3) There are commercial area opposite to Ekomall, ie the retail shops at Tmn Segar and Leisure Mall. What can Ekomall do to leverage and draw crowd from Tmn Segar commercial area. 4) Ekomall is located within established and mature surrounding(Tayton View, Mutiara Barat, Billion, Awana Puri. There are will be less development. What can Ekomall do to target this group of nearby "residential" customers? 4) Via MRT, Ekomall is connected to Kajang side. What are the main features Ekomall can/will have to attract crowd from Kajang direction? Any further analysis and suggestions are welcome. Thanks a lot, bro. |
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Sep 17 2015, 06:47 PM
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Senior Member
1,428 posts Joined: Sep 2013
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i wonder if any purchasers will drop out since the 2nd payment has yet to be collected as its a slowdown for property mrk and we bought this ekocheras at its pricing peak in 2013 sept.
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Sep 17 2015, 11:53 PM
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112 posts Joined: Nov 2013
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QUOTE(restful increase @ Sep 17 2015, 11:47 AM) i wonder if any purchasers will drop out since the 2nd payment has yet to be collected as its a slowdown for property mrk and we bought this ekocheras at its pricing peak in 2013 sept. Doubt so as prices have already increased since then if you've gotten in earlier. If you sell at launch price, I'm pretty sure it will sell so your downside is limited.I heard block J and H have been fully sold recently from a vested sales agent with 1 drop out 762sqft unit but asking for 560k. I might be biased but I do genuinely think that this is a strategic location in Cheras. I believe there was a discussion previously that regardless of the mall success, it is still a good buy as the mall is just an icing on top given its location. Leisure Mall is just around the corner too and with a covered link bridge to the MRT station, it is a commuter's dream to live in one if they work in the city. Say goodbye to traffic jams and car maintenance costs (subject to the MRT being efficient of course). Go for the long game and I believe you'll be quids in. As long as you have the holding power, you can demand a price. If price is low, then keep holding on to it and rent it out. Once everything is up and running for Cheras (eg. Ikea, velocity, mrt etc.), i think value will start pouring in. All I wish right now is that the developer takes this development seriously by ensuring the property finishes on time, has a good quality finish and good maintenance and management of the property on an ongoing basis upon completion. The potential is there so it will be a shame for the developer not to take this opportunity to build a solid passive income for their future earnings. If the mall is a success, then I reckon this will be one of the best developments in KL South. |
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Sep 20 2015, 03:28 PM
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5,947 posts Joined: Oct 2013
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BlkJ site.... taken about 2 hrs ago.... Cement floor in progess..... Is that B3?  |
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Sep 20 2015, 03:29 PM
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BlkJ site.... Zoom to see cement......  |
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Sep 20 2015, 03:31 PM
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BlkJ site again ...From left angle.....  |
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Sep 20 2015, 03:32 PM
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5,947 posts Joined: Oct 2013
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BlkH site ......Pile caps seen  |
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Sep 20 2015, 03:33 PM
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BlkN site aka Hotel site.. still have a lot of work to catch up....  |
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Sep 20 2015, 03:34 PM
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5,947 posts Joined: Oct 2013
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BlkE site .....Out of coverage..
Camera can't zoom that far ... There is a 'valley' behind the lorry... It is clearer to peep from Jln Cheras when you are in the queue to the roundabout...  This post has been edited by Jagalat: Sep 20 2015, 03:36 PM |
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Sep 20 2015, 04:26 PM
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3,774 posts Joined: Mar 2012
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Thanks to jagalat kor!
Progress still seems slow...and Ekovest boss appear on front cover of Property Insight magazine |
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Sep 20 2015, 05:12 PM
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QUOTE(CMW123 @ Sep 20 2015, 05:26 PM) Thanks to jagalat kor! No problem.... Progress still seems slow...and Ekovest boss appear on front cover of Property Insight magazine Front cover man.... http://propertyinsight.com.my/magazine/current-issue-2/# http://propertyinsight.com.my/cover-story/...te-environment/ Almost every alternate week, we can read his article in nanyang siang pau weekly property page... (not promoting, me not a fan) This post has been edited by Jagalat: Sep 20 2015, 05:15 PM |
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Sep 20 2015, 06:21 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(Jagalat @ Sep 20 2015, 05:12 PM) No problem.... Ekovest boss said now is good time to buy property..Front cover man.... http://propertyinsight.com.my/magazine/current-issue-2/# http://propertyinsight.com.my/cover-story/...te-environment/ Almost every alternate week, we can read his article in nanyang siang pau weekly property page... (not promoting, me not a fan) |
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Sep 20 2015, 08:35 PM
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Junior Member
36 posts Joined: Oct 2007
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Thanks bro jagalat for the constant update! U r the best!
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Sep 21 2015, 12:47 AM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(jasonmatthew @ Sep 20 2015, 08:35 PM) Thanks bro jagalat for the constant update! U r the best! yes fully agree on ur view of jagalat kor! |
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Sep 21 2015, 08:56 AM
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Senior Member
5,947 posts Joined: Oct 2013
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Need all buyers' help to continue providing feedback/concern/suggestions to developer pertaining the progress/mall.
This way, the developer will know that all eyes are watching on their work/delivery. Thanks "Jiran sepakat, membawa berkat " This post has been edited by Jagalat: Sep 21 2015, 08:59 AM |
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Sep 21 2015, 02:29 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Sep 21 2015, 08:56 AM) Need all buyers' help to continue providing feedback/concern/suggestions to developer pertaining the progress/mall. if they late delivery and they pay LAD, i m fine with it.This way, the developer will know that all eyes are watching on their work/delivery. Thanks "Jiran sepakat, membawa berkat " |
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Sep 21 2015, 02:29 PM
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Senior Member
1,428 posts Joined: Sep 2013
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LAD is 10%. good money woh..
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Sep 21 2015, 06:14 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Sep 21 2015, 03:29 PM) LAD is 10%. good money woh.. Wow... Your LAD 10%...Great! |
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Sep 23 2015, 11:41 AM
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Senior Member
1,428 posts Joined: Sep 2013
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Jln cheras will b buzzling with activities once MRT line 1 starts operation in July 2017. Jln Cheras enjoys many MRT stops starting fr Sunway Velocity up to Kajang. It is not an overstatement to say that efficient rail system stirs economic activities and projects along jln cheras will be the main beneficiary of this.
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Sep 23 2015, 11:50 AM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Sep 20 2015, 03:33 PM) BlkN site aka Hotel site.. still have a lot of work to catch up.... Thanks for sharing..."Foundation" is most difficult and slow.. |
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Sep 27 2015, 10:28 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(ekorjiulai @ Sep 17 2015, 11:53 PM) Doubt so as prices have already increased since then if you've gotten in earlier. If you sell at launch price, I'm pretty sure it will sell so your downside is limited. No regrets on Ekocheras purchase! It will be a good buy! I heard block J and H have been fully sold recently from a vested sales agent with 1 drop out 762sqft unit but asking for 560k. I might be biased but I do genuinely think that this is a strategic location in Cheras. I believe there was a discussion previously that regardless of the mall success, it is still a good buy as the mall is just an icing on top given its location. Leisure Mall is just around the corner too and with a covered link bridge to the MRT station, it is a commuter's dream to live in one if they work in the city. Say goodbye to traffic jams and car maintenance costs (subject to the MRT being efficient of course). Go for the long game and I believe you'll be quids in. As long as you have the holding power, you can demand a price. If price is low, then keep holding on to it and rent it out. Once everything is up and running for Cheras (eg. Ikea, velocity, mrt etc.), i think value will start pouring in. All I wish right now is that the developer takes this development seriously by ensuring the property finishes on time, has a good quality finish and good maintenance and management of the property on an ongoing basis upon completion. The potential is there so it will be a shame for the developer not to take this opportunity to build a solid passive income for their future earnings. If the mall is a success, then I reckon this will be one of the best developments in KL South. |
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Sep 28 2015, 12:26 AM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(neonikson1 @ Sep 27 2015, 10:28 PM) No regrets on Ekocheras purchase! It will be a good buy! |
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Sep 29 2015, 08:34 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(neonikson1 @ Sep 27 2015, 10:28 PM) No regrets on Ekocheras purchase! It will be a good buy! My purchase price for block H high floor was rm570k. Quite steep price as i didnt enjoy the 5% price discount of block J. Dunno if there is a lot of upside as my purchase price oredi Rm760 psf. |
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Sep 29 2015, 09:30 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(restful increase @ Sep 29 2015, 08:34 PM) My purchase price for block H high floor was rm570k. Quite steep price as i didnt enjoy the 5% price discount of block J. Dunno if there is a lot of upside as my purchase price oredi Rm760 psf. No worries. Now selling at least RM600k.. |
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Oct 2 2015, 03:51 PM
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Senior Member
5,947 posts Joined: Oct 2013
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I find that it is very exciting that forumer quoting this project...
https://forum.lowyat.net/topic/1403625/+344 |
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Oct 3 2015, 06:25 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Oct 2 2015, 03:51 PM) I find that it is very exciting that forumer quoting this project... Actually there r many service apartments or soho which have direct link to mrt/lrt. Youcity, saville@cheras, sunway velocity, Maxim@Cheras, Netizen@Bandar tun hussein onn just to name a few in Cheras alone. I wonder why the forummer named Ekocheras as the best as there are many other similar developments in Cheras.https://forum.lowyat.net/topic/1403625/+344 |
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Oct 4 2015, 04:11 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site.... taken about 1.5 hrs ago.... Cement floor dried up and revealed a clearer floor  |
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Oct 4 2015, 04:12 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site zoom from left angle.....  |
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Oct 4 2015, 04:15 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkA (aka office) site.... Zoom to see some progress ......  |
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Oct 4 2015, 04:16 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site ...Minor progress seen compared to previous photo...  This post has been edited by Jagalat: Oct 4 2015, 04:16 PM |
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Oct 4 2015, 08:06 PM
Show posts by this member only | IPv6 | Post
#250
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Junior Member
186 posts Joined: Nov 2004
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QUOTE(restful increase @ Oct 3 2015, 06:25 PM) Actually there r many service apartments or soho which have direct link to mrt/lrt. Youcity, saville@cheras, sunway velocity, Maxim@Cheras, Netizen@Bandar tun hussein onn just to name a few in Cheras alone. I wonder why the forummer named Ekocheras as the best as there are many other similar developments in Cheras. near to leisure mall ! the most successful mall in cheras.. hohoh.. |
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Oct 5 2015, 08:49 PM
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Senior Member
5,947 posts Joined: Oct 2013
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http://www.nanyang.com/node/726785?tid=686 Sidetrack: REI: Property price from 250k to 850k in KV and greater KL will bring appreciation "根据表一显示各地区的可负担房屋平均售价，我们知道售价介于25万至85万令吉的房产，能够在巴生谷与大吉隆坡地区，为投资者捎来良好资本增值。" |
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Oct 7 2015, 07:05 PM
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Senior Member
1,428 posts Joined: Sep 2013
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Jagalat-kor, some xiang jiao ren cannot read..
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Oct 7 2015, 08:20 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Oct 7 2015, 08:05 PM) Jagalat-kor, some xiang jiao ren cannot read.. So far only you reply... Thx Try this link... http://m.iproperty.com.my/News/Details/10711 |
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Oct 11 2015, 12:42 AM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(Jagalat @ Oct 4 2015, 04:16 PM) BlkH site ...Minor progress seen compared to previous photo... Thanks for the pictures! |
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Oct 11 2015, 03:16 PM
Show posts by this member only | IPv6 | Post
#255
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ...Taken an hr ago Filling in the "gap" between pile caps  |
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Oct 11 2015, 03:17 PM
Show posts by this member only | IPv6 | Post
#256
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ...Angle from left....Pillars in progress, preparing to go further up....  |
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Oct 11 2015, 03:18 PM
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Senior Member
5,947 posts Joined: Oct 2013
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The land linking BlkH(left) and BlkJ(right)
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Oct 11 2015, 03:19 PM
Show posts by this member only | IPv6 | Post
#258
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH....Observe new holes and piles?  |
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Oct 11 2015, 07:19 PM
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Junior Member
112 posts Joined: Nov 2013
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Thanks for these updates Jagalat, very much appreciated.
Be rest assured that there are people checking out this forum regularly and reading your posts silently (like me..!). Keep up the good work. Hopefully the building height will go above the ekocheras road banners soon! |
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Oct 13 2015, 07:11 PM
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Senior Member
1,428 posts Joined: Sep 2013
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if the construction is slow we get to collect LAD lo..
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Oct 13 2015, 07:50 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(ekorjiulai @ Oct 11 2015, 07:19 PM) Thanks for these updates Jagalat, very much appreciated. Just like me, i am still keeping track on the development but a bit quiet only. Be rest assured that there are people checking out this forum regularly and reading your posts silently (like me..!). Keep up the good work. Hopefully the building height will go above the ekocheras road banners soon! |
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Oct 13 2015, 07:50 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Ekovest MD sent us letter last time said will issue newsletter with report and pictures of construction progress....anyone receive, pls share
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Oct 13 2015, 07:53 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(restful increase @ Oct 3 2015, 06:25 PM) Actually there r many service apartments or soho which have direct link to mrt/lrt. Youcity, saville@cheras, sunway velocity, Maxim@Cheras, Netizen@Bandar tun hussein onn just to name a few in Cheras alone. I wonder why the forummer named Ekocheras as the best as there are many other similar developments in Cheras. There was a report analysis done by the real estate specialist on the 12 MRT linked properties, and EkoCheras was rated No. 1 among them. I believe that article was shared in this forum, but have to dig it out.This post has been edited by neonikson1: Oct 13 2015, 07:54 PM |
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Oct 13 2015, 10:06 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(neonikson1 @ Oct 13 2015, 08:53 PM) There was a report analysis done by the real estate specialist on the 12 MRT linked properties, and EkoCheras was rated No. 1 among them. I believe that article was shared in this forum, but have to dig it out. Wow...you have good memory... No need to dig la... https://forum.lowyat.net/topic/3235184/+1906 |
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Oct 13 2015, 10:07 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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 |
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Oct 13 2015, 10:28 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(Jagalat @ Oct 13 2015, 10:06 PM) You have better memory! |
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Oct 16 2015, 05:01 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(neonikson1 @ Oct 13 2015, 10:28 PM) You have better memory! its jagalat kor ..mah |
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Oct 16 2015, 09:00 PM
Show posts by this member only | IPv6 | Post
#268
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Junior Member
267 posts Joined: Nov 2004 From: Rock Caves
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Soa signed for 18 months but 2a billing has not even come in yet.
Even if they drawdown from bank....also risky and scary .....scare abandon |
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Oct 16 2015, 10:34 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Gary @ Oct 16 2015, 10:00 PM) Soa signed for 18 months but 2a billing has not even come in yet. Curious has there been any chance your concern been fedback to the developer...Even if they drawdown from bank....also risky and scary .....scare abandon |
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Oct 16 2015, 11:04 PM
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Junior Member
267 posts Joined: Nov 2004 From: Rock Caves
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Feedback ade. But they give some general reason.
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Oct 17 2015, 02:52 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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? |
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Oct 17 2015, 02:58 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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. |
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Oct 17 2015, 04:50 PM
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Senior Member
875 posts Joined: Apr 2006
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I doubt it will be abandoned they are big construction company with reputation at stake. Worry if they will rush to complete before LAD causing lower quality
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Oct 17 2015, 05:46 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Gary @ Oct 16 2015, 07:00 AM) Soa signed for 18 months but 2a billing has not even come in yet. Did they indicate when 2a complete lately? december can?Even if they drawdown from bank....also risky and scary .....scare abandon At this stage n pace if completed its jus how many months or yrs LAD.. actually u cn ask to speak to d technical ppl frm d office u know.. Jagalat kor why no pics ah? |
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Oct 18 2015, 12:16 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Babizz @ Oct 17 2015, 06:46 PM) Did they indicate when 2a complete lately? december can? Kindly inform if the pictures of previous page is not viewable. : --)At this stage n pace if completed its jus how many months or yrs LAD.. actually u cn ask to speak to d technical ppl frm d office u know.. Jagalat kor why no pics ah? |
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Oct 18 2015, 09:50 AM
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Junior Member
122 posts Joined: Jul 2007
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Slowly better haha... Mrt hasn't completed yet
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Oct 18 2015, 01:44 PM
Show posts by this member only | IPv6 | Post
#277
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Senior Member
5,947 posts Joined: Oct 2013
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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. |
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Oct 18 2015, 04:54 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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?  |
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Oct 18 2015, 06:43 PM
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Junior Member
121 posts Joined: Jun 2010
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QUOTE(Jagalat @ Oct 18 2015, 04:54 PM) What are all these EKC/EKV labeled barricades doing at the entrence of Tesco Midah? correct, this is U turn fly over...heading to MRR2Earlier 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? |
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Oct 18 2015, 10:50 PM
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Junior Member
112 posts Joined: Nov 2013
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Anyone with any details on the next 10% payment please share alright... I think at this rate, seems like it works out better for those who didn't opt for the DIBS route (i.e. less interest charged when bank drawdown has been delayed).
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Oct 20 2015, 12:08 AM
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Junior Member
59 posts Joined: Nov 2013
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dear guys,
are EKOcheras units all sold out ? This post has been edited by 8brian4: Oct 20 2015, 12:15 AM |
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Oct 20 2015, 12:13 AM
Show posts by this member only | IPv6 | Post
#282
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Senior Member
2,165 posts Joined: Jul 2013
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How's the site progress, any photos?
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Oct 20 2015, 12:22 AM
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Junior Member
59 posts Joined: Nov 2013
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QUOTE(deschan100 @ Oct 18 2015, 06:43 PM) correct, this is U turn fly over...heading to MRR2 i do pass by this point. saw a piece of green land has been demolish. feel sad after looking at few old trees have been destroy.wondering our construction company why can't they adopt win-win situation by building u-turn and retain those trees..  |
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Oct 20 2015, 12:26 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(ryan@chua @ Oct 20 2015, 01:13 AM) How's the site progress, any photos? The latest photos were taken on 11-Oct, two pages back .... |
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Oct 20 2015, 12:28 AM
Show posts by this member only | IPv6 | Post
#285
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(Jagalat @ Oct 20 2015, 01:26 AM) The latest photos were taken on 11-Oct, two pages back .... Really slow. Cash background not strong enough |
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Oct 20 2015, 12:37 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(8brian4 @ Oct 20 2015, 01:22 AM) i do pass by this point. saw a piece of green land has been demolish. feel sad after looking at few old trees have been destroy. Was also wondering how this Uturn flyover will be... wondering our construction company why can't they adopt win-win situation by building u-turn and retain those trees.. Will it allow cars from this flyover to enter Tesco Midah? |
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Oct 20 2015, 12:53 AM
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Junior Member
59 posts Joined: Nov 2013
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QUOTE(Jagalat @ Oct 20 2015, 12:37 AM) Was also wondering how this Uturn flyover will be... hm..i don't think it will enter tesco midah, but surely will affect small road traffic beside tesco...unless need to clarify with EKOcherasWill it allow cars from this flyover to enter Tesco Midah? somemore that MRR2 is down slope.quite dangerous..imagine..cars from MRR2 meet cars from Uturn flyover and cars from taman midah.. anyway..hopefully the company and DBKL or JKR plan the road with responsible This post has been edited by 8brian4: Oct 20 2015, 01:01 AM |
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Oct 20 2015, 01:54 AM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(8brian4 @ Oct 20 2015, 12:08 AM) dear guys, Call Joe Wong at 0127073050 if u wanna buy. Joe is Ekochereas head of marketing.are EKOcheras units all sold out ? |
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Oct 20 2015, 08:48 AM
Show posts by this member only | IPv6 | Post
#289
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Senior Member
730 posts Joined: Feb 2013
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the progress billing coming soon for block J...
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Oct 20 2015, 08:49 AM
Show posts by this member only | IPv6 | Post
#290
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(8brian4 @ Oct 20 2015, 12:08 AM) dear guys, not sold out..got bumi units maare EKOcheras units all sold out ? |
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Oct 20 2015, 09:40 AM
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Junior Member
63 posts Joined: Oct 2015
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QUOTE(mybenz @ Oct 20 2015, 08:49 AM) not sold out..got bumi units ma Are the bumi lots open for sales? |
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Oct 20 2015, 10:08 AM
Show posts by this member only | IPv6 | Post
#292
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(zugzwang @ Oct 20 2015, 09:40 AM) Are the bumi lots open for sales? not yet .. even if developer sell.. it will be higher price . that is for sureThis post has been edited by mybenz: Oct 20 2015, 10:09 AM |
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Oct 20 2015, 02:28 PM
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Junior Member
465 posts Joined: Jun 2014
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are you sure ? i am not that optimistic, at least on par with their initial launching price likely.
QUOTE(mybenz @ Oct 20 2015, 10:08 AM) not yet .. even if developer sell.. it will be higher price . that is for sure |
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Oct 20 2015, 04:28 PM
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Junior Member
492 posts Joined: Oct 2008 From: Damansara 
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QUOTE(restful increase @ Oct 20 2015, 01:54 AM) Call Joe Wong at 0127073050 if u wanna buy. Joe is Ekochereas head of marketing. Dialed this number but it wasnt Joe Wong. wrong number |
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Oct 20 2015, 04:42 PM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(GC 2014 @ Oct 20 2015, 02:28 PM) are you sure ? i am not that optimistic, at least on par with their initial launching price likely. oh then u wait lor |
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Oct 20 2015, 11:13 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(syarehey @ Oct 20 2015, 05:28 PM) Dialed this number but it wasnt Joe Wong. wrong number https://forum.lowyat.net/topic/3235184/+551I 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. |
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Oct 21 2015, 12:15 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(GC 2014 @ Oct 20 2015, 03:28 PM) are you sure ? i am not that optimistic, at least on par with their initial launching price likely. 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 |
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Oct 21 2015, 02:58 AM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(mybenz @ Oct 20 2015, 01:48 AM) the progress billing coming soon for block J... Thanks for the info bro but did this come from a reliable source? |
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Oct 25 2015, 05:11 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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 |
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Oct 25 2015, 05:14 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ...Angle from left....Cement floor extending to office site...  |
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Oct 25 2015, 05:16 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH....Observe more piles compared last picture?
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Oct 25 2015, 05:48 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Ekovest had a booth at star property fair at TCM
SA still saying date of completion is end 2017 Block E studio fully sold except one at top floor. 821 sf one unsold unit at 7th floor at RM716 psf net Block H one unsold unit at 19th floor RM768 psf net |
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Oct 26 2015, 03:05 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Oct 25 2015, 06:48 PM) Ekovest had a booth at star property fair at TCM Thank you for checking on them. SA still saying date of completion is end 2017 Block E studio fully sold except one at top floor. 821 sf one unsold unit at 7th floor at RM716 psf net Block H one unsold unit at 19th floor RM768 psf net 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. |
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Oct 26 2015, 03:33 PM
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Senior Member
2,086 posts Joined: Feb 2011
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QUOTE(Jagalat @ Oct 26 2015, 03:05 PM) Thank you for checking on them. Will check it out this weekend!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. |
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Oct 26 2015, 08:05 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(CMW123 @ Oct 25 2015, 05:48 PM) Ekovest had a booth at star property fair at TCM The SA said got 2 units in block H which is unsold. 1 unit at level 19 and another unit at level 4. She maintained that completion will be on Dec 2017. She explained that block J and H has 3 levels of under ground basement carpark which is taking a lot of time to construct but once the basement is completed the rest of the construction will be much faster, hence they are maintaining the Dec 2017 deadline.SA still saying date of completion is end 2017 Block E studio fully sold except one at top floor. 821 sf one unsold unit at 7th floor at RM716 psf net Block H one unsold unit at 19th floor RM768 psf net |
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Oct 26 2015, 08:07 PM
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Senior Member
1,428 posts Joined: Sep 2013
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Ecovest is pushing the sale of their titiwangsa super highrise residential project which is located beside the river of life project.
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Oct 26 2015, 08:48 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Oct 26 2015, 09:07 PM) Ecovest is pushing the sale of their titiwangsa super highrise residential project which is located beside the river of life project. Can see their effort.... https://forum.lowyat.net/topic/2691655/+528 |
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Oct 27 2015, 08:51 AM
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Senior Member
740 posts Joined: Nov 2012
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QUOTE(restful increase @ Oct 26 2015, 09:07 PM) Ecovest is pushing the sale of their titiwangsa super highrise residential project which is located beside the river of life project. Wrongly priced. |
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Oct 28 2015, 04:14 PM
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Junior Member
20 posts Joined: Oct 2015
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Nice.. interesting........
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Oct 29 2015, 04:20 PM
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Senior Member
5,947 posts Joined: Oct 2013
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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.” : |
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Oct 31 2015, 10:19 PM
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Junior Member
175 posts Joined: Jul 2009
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I am planning to buy block E. SA says must use their panel banks. A whole list of them...just wondering if there is any advise on which banks have best offer? Tot best if can get some advise first before I contact them one by one. Thx!
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Oct 31 2015, 11:50 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(luvdog @ Oct 31 2015, 11:19 PM) I am planning to buy block E. SA says must use their panel banks. A whole list of them...just wondering if there is any advise on which banks have best offer? Tot best if can get some advise first before I contact them one by one. Thx! 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.. |
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Nov 1 2015, 12:20 AM
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Junior Member
175 posts Joined: Jul 2009
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QUOTE(Jagalat @ Oct 31 2015, 11:50 PM) A prelim welcome .... Hi Jagalat,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.. Thx for your advise. Will ask if other banks have this. On resale, I understand that usually this can only be done after Title is under own name, do u know typically when can this be done? After we get key or there are certain holding period (beside the loan lock in)? Btw, I asked SA regarding the slow progress, SA mentioned due to 3flr basement construction which takes longer but expected completion is end 2017. |
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Nov 1 2015, 12:47 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(luvdog @ Nov 1 2015, 01:20 AM) Hi Jagalat, I did not explore how long it takes for the title reflected owner's name...Need other daikors inputThx for your advise. Will ask if other banks have this. On resale, I understand that usually this can only be done after Title is under own name, do u know typically when can this be done? After we get key or there are certain holding period (beside the loan lock in)? Btw, I asked SA regarding the slow progress, SA mentioned due to 3flr basement construction which takes longer but expected completion is end 2017. Besides lock in and the above scenario, watch out for rpgt if you plan not to use the life time exemption. |
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Nov 1 2015, 12:17 PM
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All Stars
10,777 posts Joined: Sep 2009
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Anyone asked about the SUPER DELAY ???
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Nov 1 2015, 04:55 PM
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Junior Member
112 posts Joined: Nov 2013
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http://www.thestar.com.my/News/Nation/2015...uch-for-buyers/
“The buyer (flipper) might ask for RM3,500 rental but not get it, then he’ll drop the rental, then drop it and drop it again to RM2,000 or RM1,500 ... so it will be a renters market,” he says. However, Siva stresses that it is not the entire housing sector that will be affected by lower rents; this would apply only in selected speculative sectors. “I think it will be with the RM500,000 to RM800,000 condos, the high-end residential condos and shoebox units like SoHo, SoVo and SoFo, which have been built by the dozens,” he says, referring to different types of small commercial units, the small-office-home office, small-office-virtual-office, and small-office-flexible-office. Any thoughts on this guys? I'm not flipping so I'm not too concerned but will be good to have some input regardless. Hope the majority of ekocheras buyers have a good holding power though! |
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Nov 2 2015, 02:50 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Ekovest MD sent us letter last time said there will be a newsletter sent to their customers in Oct and will have news on the progress of all their projects. Did anyone receive the newsletter?
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Nov 2 2015, 04:03 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Nov 2 2015, 03:50 PM) Ekovest MD sent us letter last time said there will be a newsletter sent to their customers in Oct and will have news on the progress of all their projects. Did anyone receive the newsletter? Me belum terima lagi....Anyone ckecked out their booth during the weekend? |
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Nov 5 2015, 03:45 PM
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Senior Member
1,591 posts Joined: Feb 2007 From: Auckland, NZ
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can see any structure over the perimeter fences already?
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Nov 6 2015, 07:10 AM
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Senior Member
745 posts Joined: Jul 2010
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QUOTE(luvdog @ Nov 1 2015, 12:20 AM) Hi Jagalat, Does anyone expect the SA will tell any potential buyer or their customers tht the project completion will be delayed? LOL.Thx for your advise. Will ask if other banks have this. On resale, I understand that usually this can only be done after Title is under own name, do u know typically when can this be done? After we get key or there are certain holding period (beside the loan lock in)? Btw, I asked SA regarding the slow progress, SA mentioned due to 3flr basement construction which takes longer but expected completion is end 2017. This post has been edited by wl_n: Nov 6 2015, 07:16 AM |
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Nov 6 2015, 08:02 AM
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Senior Member
8,226 posts Joined: Jul 2014 From: Kuala Lumpur
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QUOTE(wl_n @ Nov 6 2015, 07:10 AM) Does anyone expect the SA will tell any potential buyer or their customers tht the project completion will be delayed? LOL. No. |
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Nov 6 2015, 09:50 AM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(wl_n @ Nov 6 2015, 07:10 AM) Does anyone expect the SA will tell any potential buyer or their customers tht the project completion will be delayed? LOL. Sure will not delay if spa dated today. |
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Nov 6 2015, 10:21 AM
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Senior Member
1,428 posts Joined: Sep 2013
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Independent sales agent mentioned this project already 6 mths delay.
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Nov 6 2015, 08:44 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(restful increase @ Nov 6 2015, 10:21 AM) Independent sales agent mentioned this project already 6 mths delay. Any reason mentioned why delay?MD promised newsletter in oct also not deliver |
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Nov 6 2015, 08:45 PM
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Senior Member
2,663 posts Joined: Feb 2013
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Looking at the progress...almost hundred percent confirm it will be late.
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Nov 6 2015, 09:54 PM
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Senior Member
967 posts Joined: Jan 2013
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not an owner,
but in our Construction line, there is a saying that Contractor always can do magic, so no worry, i believe it will complete in time |
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Nov 7 2015, 05:47 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(huaweie5830 @ Nov 6 2015, 07:54 AM) not an owner, lets see wht kinda magic they cn work here with 2 yrs+ n still piling works... maybe 2016 june hopefully finish piling up to ground floor since frm june 2015 until now hardly any progress..can check frm page 1 until recent photobut in our Construction line, there is a saying that Contractor always can do magic, so no worry, i believe it will complete in time |
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Nov 7 2015, 06:31 PM
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Junior Member
430 posts Joined: Jan 2014
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from the look of it, progress looks slow..
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Nov 8 2015, 07:09 AM
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All Stars
12,523 posts Joined: Feb 2013
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The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man.
http://www.theedgeproperty.com.my/my/conte...9s-property-man |
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Nov 8 2015, 08:46 AM
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(Babizz @ Nov 8 2015, 08:09 AM) The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man. How much has to pay to get this . Hahahttp://www.theedgeproperty.com.my/my/conte...9s-property-man |
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Nov 8 2015, 11:21 AM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(ryan@chua @ Nov 7 2015, 06:46 PM) How much has to pay to get this . Haha not sure but always mus pay 1.. see d same usual suspects winning.. afterall, this will make EKV buyers very happy |
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Nov 8 2015, 05:13 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Babizz @ Nov 8 2015, 12:21 PM) not sure but always mus pay 1.. see d same usual suspects winning.. afterall, this will make EKV buyers very happy You may share this at EKT thread so potential buyers can read. This may boost their EKT sales probably As for EKC the sales is 7788. |
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Nov 8 2015, 09:09 PM
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Senior Member
745 posts Joined: Jul 2010
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QUOTE(huaweie5830 @ Nov 6 2015, 09:54 PM) not an owner, To complete in 2years, the Contractor not only need to do magic but also need miracle. Still no worry? Thn good luck.but in our Construction line, there is a saying that Contractor always can do magic, so no worry, i believe it will complete in time |
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Nov 8 2015, 10:42 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(wl_n @ Nov 8 2015, 09:09 PM) To complete in 2years, the Contractor not only need to do magic but also need miracle. Still no worry? Thn good luck. let's put it this way..if it complete in 2 years we should all be VERY skeptical what product is delivered. |
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Nov 10 2015, 10:55 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkA...Taken this afternoon ....
More piling work in progress?  |
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Nov 10 2015, 10:57 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ...Ready for a new "ceiling"?  |
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Nov 10 2015, 10:59 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ...Angle from left....  |
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Nov 10 2015, 11:06 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH....Zoom
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Nov 10 2015, 11:09 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkN...sharp edge/deep well revealed after significant digging process in placed
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Nov 10 2015, 11:17 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Between BlkH and N...
 This post has been edited by Jagalat: Nov 10 2015, 11:18 PM |
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Nov 11 2015, 01:46 AM
Show posts by this member only | IPv6 | Post
#341
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(Jagalat @ Nov 11 2015, 12:17 AM) Between BlkH and N... Wah so many bore piles |
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Nov 11 2015, 12:29 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(ryan@chua @ Nov 11 2015, 02:46 AM) Wah so many bore piles If you are referring to bore piles layers at the edge, my guess is that they wanna build a strong retaining wall.The convent at the hill is the highest ground neighbor of EKC. Hence the perimeter wall has to be strong enough to prevent erosion and the same time allowing basement work to carry on. Any expert view is welcome.... |
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Nov 12 2015, 04:24 PM
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Senior Member
1,428 posts Joined: Sep 2013
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1 developer told me to construct 3 levels of basement is time consuming and costly. thats why most will opt not to construct basement carpark but will just choose to construct upwards fr ground floor.
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Nov 12 2015, 04:28 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(restful increase @ Nov 12 2015, 04:24 PM) 1 developer told me to construct 3 levels of basement is time consuming and costly. thats why most will opt not to construct basement carpark but will just choose to construct upwards fr ground floor. basement parking is at least double the cost of elevated parking. Ventilation, drainage design etc are very important to ensure no flooding and always well ventilated. All the cost added upThis post has been edited by gks: Nov 12 2015, 04:31 PM |
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Nov 12 2015, 07:33 PM
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(gks @ Nov 12 2015, 05:28 PM) basement parking is at least double the cost of elevated parking. Ventilation, drainage design etc are very important to ensure no flooding and always well ventilated. All the cost added up Ventilation and drainage system on basement not really cost alot. But in term of structure for for retaining wall, waterproofing, water tanking system. Yes. |
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Nov 17 2015, 03:59 PM
Show posts by this member only | IPv6 | Post
#346
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Nov 6 2015, 09:44 PM) Any reason mentioned why delay? Boss, satisfied with their newsletter??MD promised newsletter in oct also not deliver |
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Nov 17 2015, 04:01 PM
Show posts by this member only | IPv6 | Post
#347
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Senior Member
5,947 posts Joined: Oct 2013
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I would like to monitor if there is any flash flood here during the raining season...
Pls share any flood picture if it came back.....Thx in advance This post has been edited by Jagalat: Nov 17 2015, 04:12 PM |
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Nov 17 2015, 08:46 PM
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Junior Member
112 posts Joined: Nov 2013
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Received letter to advise that the next 10% payment is due for payment by 14/12.
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Nov 17 2015, 09:13 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(Jagalat @ Nov 17 2015, 03:59 PM) Boss, satisfied with their newsletter?? Boss, i meant i did not receive the newsletter.Did you receive? If yes, can share here? Tq |
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Nov 17 2015, 09:14 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(ekorjiulai @ Nov 17 2015, 08:46 PM) Received letter to advise that the next 10% payment is due for payment by 14/12. For block J or H?Means piling really completed....LOL |
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Nov 17 2015, 09:28 PM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(CMW123 @ Nov 17 2015, 02:14 PM) For block J or H? JMeans piling really completed....LOL |
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Nov 17 2015, 09:43 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Nov 17 2015, 10:13 PM) Boss, i meant i did not receive the newsletter. It's a pdf file with 22pages...listing all EKV current and future projects ...Did you receive? If yes, can share here? Tq Let me see if l can find a place to share it.. Other daikors can share if there is a link..Thx |
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Nov 17 2015, 11:50 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Nov 17 2015, 10:13 PM) Boss, i meant i did not receive the newsletter. Try this link..Did you receive? If yes, can share here? Tq http://www.mediafire.com/view/wo5akwcdwdk6...2hd8z1ydb3sgwwe |
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Nov 18 2015, 05:34 AM
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Junior Member
112 posts Joined: Nov 2013
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Link doesn't work anymore
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Nov 18 2015, 11:07 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(ekorjiulai @ Nov 18 2015, 06:34 AM) Link doesn't work anymore http://www.mediafire.com/view/p1yja508i3x3...5neinp3tcpvdsggI had reactivated the link but it has expiry window Pardon as l used mediafire for the first time... Or this... http://www.mediafire.com/view/41p7vw96iv4a...er_Oct_2015.pdf This post has been edited by Jagalat: Nov 18 2015, 11:17 AM |
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Nov 18 2015, 10:25 PM
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Senior Member
3,774 posts Joined: Mar 2012
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The newsletter only shows two pictures of construction progress....of which our jagalat bro pictures are much better
No mention of current completion % No mention of whether on time in accordance to schedule No target completion date Said everything but like said nothing So what say u? |
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Nov 19 2015, 12:24 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Nov 18 2015, 11:25 PM) The newsletter only shows two pictures of construction progress....of which our jagalat bro pictures are much better IMO, the newsletter focuses Ekovest-wide projects, does more marketing/selling than status updates.No mention of current completion % No mention of whether on time in accordance to schedule No target completion date Said everything but like said nothing So what say u? EKC buyers are expecting more construction updates/billing notice. I recommend that buyers replied the email and constructively suggest EKV to reflect/update items in CMW boss' questions. One thing for sure, their 2 pictures were not taken from any image posted in the forum. : In fact, the site picture is kinda "generic" and early stage, that provides room for them to post any progress pictures to their best interest (ie may not reflect the latest pictures as in the forum). |
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Nov 19 2015, 01:03 AM
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Senior Member
5,947 posts Joined: Oct 2013
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Side track....Which class of mall EKC shall be?
(Leisure Mall is in C-class, Cheras Sentral tada class) http://www.propsocial.my/topic/300/classif...opsocial-editor |
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Nov 19 2015, 07:24 AM
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Senior Member
775 posts Joined: Jan 2012
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Two uncertainties still lingering among the buyers
1. The completion date will be late? 2. Will the mall be successful? I think Ekovest also unsure at this juncture |
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Nov 19 2015, 07:40 AM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(The Jedi @ Nov 19 2015, 07:24 AM) Two uncertainties still lingering among the buyers Ekovest is so lost. Their boss also seems super lost. No wonder their other projects cannot sell.1. The completion date will be late? 2. Will the mall be successful? I think Ekovest also unsure at this juncture Not a single news on tenant even after 2 years. Like this find ghost to buy from them. |
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Nov 19 2015, 08:16 AM
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Senior Member
775 posts Joined: Jan 2012
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QUOTE(mybenz @ Nov 19 2015, 07:40 AM) Ekovest is so lost. Their boss also seems super lost. No wonder their other projects cannot sell. that leads me to another puzzle how Ekovest boss was recently awarded Property Man of the Year...it's a jokeNot a single news on tenant even after 2 years. Like this find ghost to buy from them. |
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Nov 19 2015, 09:01 AM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(The Jedi @ Nov 19 2015, 08:16 AM) that leads me to another puzzle how Ekovest boss was recently awarded Property Man of the Year...it's a joke Yup. .. Man of the year.. It should be joke of the year lol |
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Nov 19 2015, 09:21 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(The Jedi @ Nov 19 2015, 07:24 AM) Two uncertainties still lingering among the buyers I guess that is why the balance units are selling at discounted price compared to similar concept such as Tropicana Gardens. 1. The completion date will be late? 2. Will the mall be successful? I think Ekovest also unsure at this juncture Tropicana Garden will be safer bet if prospect buyers are looking for certainties in mall execution and completion date. |
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Nov 19 2015, 10:13 AM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(gks @ Nov 19 2015, 09:21 AM) I guess that is why the balance units are selling at discounted price compared to similar concept such as Tropicana Gardens. TG is Kota damansara, this is still cheras. Thats the discount.Tropicana Garden will be safer bet if prospect buyers are looking for certainties in mall execution and completion date. |
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Nov 19 2015, 10:16 AM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(mybenz @ Nov 19 2015, 07:40 AM) Ekovest is so lost. Their boss also seems super lost. No wonder their other projects cannot sell. They say many things, none of which ends up the way most of us will interpret Not a single news on tenant even after 2 years. Like this find ghost to buy from them. If not for croni kawan with hall in city to construct big projects they would have gone under long ago. Got good friend highly placed in banks, or sub contractors, go ask them what is ekv cred.  |
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Nov 19 2015, 11:03 AM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(HarpArtist @ Nov 19 2015, 10:13 AM) TG is Kota damansara, this is still cheras. Thats the discount. I didn't realize KD is more prestiges location than Cheras lol. |
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Nov 19 2015, 12:17 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(gks @ Nov 19 2015, 11:03 AM) I didn't realize KD is more prestiges location than Cheras lol. to many ppl yes lor...to me im neutral haha. but im biased i grew up in cheras |
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Nov 19 2015, 02:46 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(HarpArtist @ Nov 19 2015, 12:17 PM) to many ppl yes lor...to me im neutral haha. but im biased i grew up in cheras Need to check which specific part of KD vs Cheras alsoIf Leisure Mall vs Tropicana stretch... i do not think the location is losing out. If KD claim proximity to Ikea/Curve, Cheras also got Mytown/ Ikea/ Velocity combo and do not forget. KD is leasehold where Cheras majority is freehold |
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Nov 19 2015, 07:10 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(gks @ Nov 19 2015, 02:46 PM) Need to check which specific part of KD vs Cheras also also the mytown area is much closer to klccIf Leisure Mall vs Tropicana stretch... i do not think the location is losing out. If KD claim proximity to Ikea/Curve, Cheras also got Mytown/ Ikea/ Velocity combo and do not forget. KD is leasehold where Cheras majority is freehold |
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Nov 19 2015, 08:40 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Jagalat @ Nov 18 2015, 11:03 AM) Side track....Which class of mall EKC shall be? one of the worst retail articles i read b4.. they say grade B malls got massive crowd n put setia city mall.. then pur BV n BSC as B- mall.. (Leisure Mall is in C-class, Cheras Sentral tada class) http://www.propsocial.my/topic/300/classif...opsocial-editor On a side note, any update on EKV other projevt progress esp the construction work they hv fr govt project? r those slow aso |
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Nov 19 2015, 11:45 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Babizz @ Nov 19 2015, 09:40 PM) one of the worst retail articles i read b4.. they say grade B malls got massive crowd n put setia city mall.. then pur BV n BSC as B- mall.. EKV has a newsletter, shared in my post of last page. No more details beyond the post at the moment..On a side note, any update on EKV other projevt progress esp the construction work they hv fr govt project? r those slow aso By following the provided classification, what would Mytown and Velo shall be catergored, since you have early glimpse of the tenant list? |
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Nov 20 2015, 07:31 AM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(Jagalat @ Nov 19 2015, 09:45 AM) EKV has a newsletter, shared in my post of last page. No more details beyond the post at the moment.. Mytown give A- or B+.. I aso add MV pyramid 1u into A grade malls.. A grade doesnt mean lux brands.. By following the provided classification, what would Mytown and Velo shall be catergored, since you have early glimpse of the tenant list? Velociti with d low occupancy n missing anchors maybe end up low footfall so no worries abt what grade mall.. |
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Nov 22 2015, 07:10 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ... B3 floor is almost completed. Observe concrete work for B2.  |
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Nov 22 2015, 07:12 PM
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Senior Member
5,947 posts Joined: Oct 2013
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The land connecting BlkJ and BlkH ...
 This post has been edited by Jagalat: Nov 22 2015, 07:13 PM |
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Nov 22 2015, 07:16 PM
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5,947 posts Joined: Oct 2013
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BlkH... view from far... can't get any closer today...  |
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Nov 23 2015, 11:07 PM
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Junior Member
122 posts Joined: Jul 2007
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QUOTE(gks @ Nov 19 2015, 02:46 PM) Need to check which specific part of KD vs Cheras also Very simple, start from yourself..if you staying in Cheras pls Support your neighborhood, eat and spend prior in Cheras, promote Cheras to others, foods, whatever etc..lolIf Leisure Mall vs Tropicana stretch... i do not think the location is losing out. If KD claim proximity to Ikea/Curve, Cheras also got Mytown/ Ikea/ Velocity combo and do not forget. KD is leasehold where Cheras majority is freehold |
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Nov 24 2015, 10:34 AM
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Senior Member
2,006 posts Joined: May 2011
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QUOTE(Jagalat @ Nov 22 2015, 07:16 PM) BlkH... view from far... can't get any closer today... progress seem a bit slow...  |
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Nov 26 2015, 08:44 PM
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Junior Member
487 posts Joined: Aug 2011
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Folks, does anyone know what is the project opposite this Ekovest site? The former Yap Brothers site. Is this part of Ekovest Cheras?
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Nov 26 2015, 11:43 PM
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Senior Member
967 posts Joined: Jan 2013
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QUOTE(Babizz @ Nov 19 2015, 08:40 PM) one of the worst retail articles i read b4.. they say grade B malls got massive crowd n put setia city mall.. then pur BV n BSC as B- mall.. On a side note, any update on EKV other projevt progress esp the construction work they hv fr govt project? r those slow aso lowyat in c classred shirt sure happy cukur |
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Nov 29 2015, 04:33 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ... Observe more pillars and significant concrete work for B2. Taken today..
 This post has been edited by Jagalat: Nov 29 2015, 04:36 PM |
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Nov 29 2015, 04:37 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH... Cement work expanding  |
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Nov 29 2015, 04:38 PM
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH...Far view .. (The steel bar location is where l normally snap BlkH photo. Due to recent extensive work of digging, the spot has became an 'island' and not easily reachable without safety helmet and boots. Hence, can only zoom from far)  |
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Nov 29 2015, 07:06 PM
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All Stars
10,777 posts Joined: Sep 2009
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Thank you for the pics Jagalat
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Dec 1 2015, 05:34 PM
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Junior Member
51 posts Joined: Oct 2013
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QUOTE(Jagalat @ Nov 29 2015, 04:38 PM) BlkH...Far view .. (The steel bar location is where l normally snap BlkH photo. Due to recent extensive work of digging, the spot has became an 'island' and not easily reachable without safety helmet and boots. Hence, can only zoom from far) Jagalat kor, thank u very much for the progress update, which I always very appreciate.Any chance if u can take the photo of Blk E as well next time? Or the progress of blk E is still very slow and nothing to take? Just forget about it if there is any safety concern to take the photo of blk E. Important is safety first Thanks very much! |
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Dec 1 2015, 06:48 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(TBK1123 @ Dec 1 2015, 06:34 PM) Jagalat kor, thank u very much for the progress update, which I always very appreciate. I personally would like to see all B3 level in shape for EKC.Any chance if u can take the photo of Blk E as well next time? Or the progress of blk E is still very slow and nothing to take? Just forget about it if there is any safety concern to take the photo of blk E. Important is safety first Thanks very much! Yes, safety is actually my biggest challenge at the moment. Once there is better clearance to better zoom to BlkE site, l will snap pictures. |
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Dec 1 2015, 10:28 PM
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Junior Member
51 posts Joined: Oct 2013
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QUOTE(Jagalat @ Dec 1 2015, 06:48 PM) I personally would like to see all B3 level in shape for EKC. Thanks very much! Appreciate that Yes, safety is actually my biggest challenge at the moment. Once there is better clearance to better zoom to BlkE site, l will snap pictures. |
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Dec 1 2015, 11:51 PM
Show posts by this member only | IPv6 | Post
#387
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Senior Member
2,165 posts Joined: Jul 2013
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This project from wwwbbb => gggddd
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Dec 3 2015, 02:46 AM
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Senior Member
1,428 posts Joined: Sep 2013
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My block H s&p was dated 28 feb 2014, wonder if i get to enjoy any LAD for late delivery fr the developer?
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Dec 4 2015, 12:12 AM
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Senior Member
918 posts Joined: Jan 2012
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Just received letter that block J asks for 10% progress payment
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Dec 4 2015, 10:10 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(soon9913 @ Dec 4 2015, 01:12 AM) Just received letter that block J asks for 10% progress payment I also received it...BlkJ! |
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Dec 4 2015, 01:25 PM
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Senior Member
730 posts Joined: Feb 2013
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Really already completed foundation? Or they tipu? From the pic looks like not yet done also
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Dec 4 2015, 06:26 PM
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Senior Member
1,428 posts Joined: Sep 2013
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Has any block H or J residents gotten their 2nd 10% billing fr Ekocheras?
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Dec 4 2015, 06:33 PM
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Senior Member
1,428 posts Joined: Sep 2013
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I got a call fr a courier coy today asking for my full address claiming that they wanna deliver me a courier ltr fr ekovest but the courier coy did not receive full address details hence had to call my hdphone which was given to them by d developer. i hv not rd the ltr yet but i m assuming that it must be the progress billing ltr for the next 10% payment. Hv any1 received any progress billing for Block H?
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Dec 4 2015, 09:28 PM
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Senior Member
3,774 posts Joined: Mar 2012
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I also got call from courier company to deliver doc from ekovest
Mine is block E...block E also completed piling? |
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Dec 4 2015, 10:05 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(mybenz @ Dec 4 2015, 02:25 PM) Really already completed foundation? Or they tipu? From the pic looks like not yet done also SnP spelt as follow...."2(a) the work below ground level of the said Building comprising the said Parcel including foundation of the said Building. (10%)" I am not sure how to interpret the wording... For BlkJ, the pile caps are done. The B3 work is almost done (at of the pictures taken), preparing for B2. Clearly B2, B1, LG, G and so on, not yet. |
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Dec 4 2015, 10:12 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Dec 4 2015, 10:28 PM) I also got call from courier company to deliver doc from ekovest The usual spot where l normally took pictures does not provide a good angle to cover BlkE.Mine is block E...block E also completed piling? It is clearer to peep from Jln Cheras (near Cahaya Bumi) while queueing for the roundabout. Any daikor has better progress details about BlkE? Pls share ya.... |
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Dec 4 2015, 10:23 PM
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Junior Member
267 posts Joined: Nov 2004 From: Rock Caves
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I have received a letter on the change of chargee from ambank to cimb bank. They wan us to sign the letter to give consent. In pursuance to clause 2.2 in spa.
But the clause mentioned they must show evidence of ambank discharge on the encumbrance. If u guys have a 90% loan, it may delay the drawdown as the chargee is changed. And late drawdown will incur interest charges. They basically refinance the land to get more money out of it. |
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Dec 4 2015, 11:43 PM
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Senior Member
5,947 posts Joined: Oct 2013
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May l know if the land refinancing involves all EKC land or only BlkE and BlkH?
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Dec 4 2015, 11:48 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Gary @ Dec 4 2015, 11:23 PM) I have received a letter on the change of chargee from ambank to cimb bank. They wan us to sign the letter to give consent. In pursuance to clause 2.2 in spa. May l know for the scanario above, under DIBS and 90% loan, will the interest charges caused by late drwdown paid by developer? ThanksBut the clause mentioned they must show evidence of ambank discharge on the encumbrance. If u guys have a 90% loan, it may delay the drawdown as the chargee is changed. And late drawdown will incur interest charges. They basically refinance the land to get more money out of it. |
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Dec 5 2015, 08:57 AM
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Senior Member
3,838 posts Joined: Sep 2013
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ekv refinance ekc land?
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Dec 6 2015, 12:29 PM
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Senior Member
1,591 posts Joined: Feb 2007 From: Auckland, NZ
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This is getting interesting. I receive that letter too and no idea what it's talking about. So what is the implications after we sign that/ don't sign that?
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Dec 6 2015, 12:56 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Someone pls post that letter here
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Dec 6 2015, 12:59 PM
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Senior Member
2,165 posts Joined: Jul 2013
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This project seems like sibeh jialat. Another mall to fail. Sorry to say that even though i know got thousands owners buying here...
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Dec 6 2015, 01:30 PM
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Senior Member
1,591 posts Joined: Feb 2007 From: Auckland, NZ
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Here is the letter. What do they want now ?
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Dec 6 2015, 05:28 PM
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Senior Member
918 posts Joined: Jan 2012
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Wondering why block J nv receive this letter but instead received progress billing letter.
Block J n E not on the same piece of land?.. QUOTE(maldiniho @ Dec 6 2015, 01:30 PM) Here is the letter. What do they want now ?
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Dec 7 2015, 12:13 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(soon9913 @ Dec 6 2015, 06:28 PM) Wondering why block J nv receive this letter but instead received progress billing letter. If they refinance the whole land, BlkJ buyers should also receive the letter, else only partial of the land gets refinanced. Block J n E not on the same piece of land?.. So BlkJ buyers can observe for two/three weeks if such letter arrives. |
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Dec 7 2015, 01:47 PM
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Senior Member
967 posts Joined: Jan 2013
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Lol
From the photo like still doing piling oni |
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Dec 7 2015, 02:27 PM
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Senior Member
1,428 posts Joined: Sep 2013
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Block J will receive both the progress billing and also the above ltr notifying a change of chargee bank fr ambank to cimb. Ekovest refinanced the land to get a higher loan amt to improve their cashflow. Block H residents will be receiving their progress billing ltr by the 3rd week of dec 2015 followed by Block E in Jan 2016. This is for the completion of stage 2A of the progress billing claim.
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Dec 8 2015, 10:36 PM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(restful increase @ Dec 7 2015, 02:27 PM) Block J will receive both the progress billing and also the above ltr notifying a change of chargee bank fr ambank to cimb. Ekovest refinanced the land to get a higher loan amt to improve their cashflow. Block H residents will be receiving their progress billing ltr by the 3rd week of dec 2015 followed by Block E in Jan 2016. This is for the completion of stage 2A of the progress billing claim. This is crazy. Refinance after sold. Ekovest cash flow so lousy need until the extent to go through all the fuss just to refinance? They need signature from all the buyers. That's desperate move. The next question is what if they could not get 100% return signature. What's next then? How the hell the dato got property man of the year? This is really joke of the year. Any taiko going to write in to ask what's going on?This post has been edited by mybenz: Dec 8 2015, 10:37 PM |
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Dec 8 2015, 10:44 PM
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Senior Member
1,591 posts Joined: Feb 2007 From: Auckland, NZ
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QUOTE(mybenz @ Dec 8 2015, 10:36 PM) This is crazy. Refinance after sold. Ekovest cash flow so lousy need until the extent to go through all the fuss just to refinance? They need signature from all the buyers. That's desperate move. The next question is what if they could not get 100% return signature. What's next then? How the hell the dato got property man of the year? This is really joke of the year. Any taiko going to write in to ask what's going on? Scary . If buyers don't sign that means they might run into cash flow problem. Worst case abandon the project ?Anyone going to sign it? |
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Dec 8 2015, 11:29 PM
Show posts by this member only | IPv6 | Post
#411
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(mybenz @ Dec 8 2015, 11:36 PM) This is crazy. Refinance after sold. Ekovest cash flow so lousy need until the extent to go through all the fuss just to refinance? They need signature from all the buyers. That's desperate move. The next question is what if they could not get 100% return signature. What's next then? How the hell the dato got property man of the year? This is really joke of the year. Any taiko going to write in to ask what's going on? Hearsay this datuk borrow money from ah long . .... something wrong with him liao, cash flow |
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Dec 8 2015, 11:59 PM
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Junior Member
6 posts Joined: Nov 2015
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really jia lat this time
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Dec 9 2015, 12:00 AM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(ryan@chua @ Dec 8 2015, 11:29 PM) Hearsay this datuk borrow money from ah long . .... something wrong with him liao, cash flow Wah u so power. He borrowed from a long u also know. Really geng u |
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Dec 9 2015, 12:03 AM
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Junior Member
46 posts Joined: Nov 2015
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This project is really jialat. I feel damn lucky to have skipped this project earlier. To owners of Ekocheras, I think you all should just close both eyes and pay the installment only. Keep taking pictures of the construction site is akin to watching paint dry. Just focus on your job, pay installment and pray hard that nothing goes wrong at Ekovest.
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Dec 9 2015, 12:26 AM
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(MEMC2 @ Dec 9 2015, 12:03 AM) This project is really jialat. I feel damn lucky to have skipped this project earlier. To owners of Ekocheras, I think you all should just close both eyes and pay the installment only. Keep taking pictures of the construction site is akin to watching paint dry. Just focus on your job, pay installment and pray hard that nothing goes wrong at Ekovest. So jialat? They got duke and Duke 2 undercon and also bidding for bandar Malaysia wor... If no money how to build and bid... |
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Dec 9 2015, 12:50 AM
Show posts by this member only | IPv6 | Post
#416
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(MEMC2 @ Dec 9 2015, 01:03 AM) This project is really jialat. I feel damn lucky to have skipped this project earlier. To owners of Ekocheras, I think you all should just close both eyes and pay the installment only. Keep taking pictures of the construction site is akin to watching paint dry. Just focus on your job, pay installment and pray hard that nothing goes wrong at Ekovest. Are you crazy, do you know how many buyers of this project here. Do you know finger kung-fu just able to get a unit here. You better delete your comment here, else you will |
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Dec 9 2015, 12:57 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Just a raw suggestion....buyers with the notifying letter, would you like to gather at their sales gallery and request for a QnA session? What's your say?
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Dec 9 2015, 01:04 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(mybenz @ Dec 8 2015, 08:36 AM) This is crazy. Refinance after sold. Ekovest cash flow so lousy need until the extent to go through all the fuss just to refinance? They need signature from all the buyers. That's desperate move. The next question is what if they could not get 100% return signature. What's next then? How the hell the dato got property man of the year? This is really joke of the year. Any taiko going to write in to ask what's going on? 6-12 months ago when i say cashflow bad n some internal story, many dont bliv me... to get 100% signature is so dam hard, how do you convince buyers?? whats in for them? any extra freebies? Duke progress how? Main question still is how he JV n bid fr bdr msia at rm8b when he needs to refinance d land jus to top up a small amount?? |
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Dec 9 2015, 01:59 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(MEMC2 @ Dec 9 2015, 01:03 AM) .. Bro, taking pictures is not for "akin-ing watching paint dry" but one way to monitor the construction progress bit by bit, at least to the buyers' interest.Keep taking pictures of the construction site is akin to watching paint dry... Should there is a better viable solution, feel free to contribute. (Thanks for sharing the link of Parkhill sales report) |
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Dec 9 2015, 02:38 PM
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Senior Member
3,838 posts Joined: Sep 2013
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QUOTE(Babizz @ Dec 9 2015, 01:04 PM) 6-12 months ago when i say cashflow bad n some internal story, many dont bliv me... to get 100% signature is so dam hard, how do you convince buyers?? whats in for them? any extra freebies? Duke progress how? its a case of do and die, don't do also die.Main question still is how he JV n bid fr bdr msia at rm8b when he needs to refinance d land jus to top up a small amount?? if let ekv refinance, if anything go wrong its going to be nigh impossible to revive the project as so much money alr owed to the bank. if don't high possibility ekv will fail to complete or cut all possible corners due to insufficient cash. high wave rider never believe the naysayers until too late...same thing like mcity |
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Dec 9 2015, 02:50 PM
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Senior Member
617 posts Joined: Sep 2010
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Don't spread rumors la, he won't be stupid enough to borrow from loan shark.
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Dec 9 2015, 03:30 PM
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Junior Member
220 posts Joined: Jun 2013
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Im not a buyer of ekc. What i wan to say is that, when a corporation trying to refinance to other banks, it could be due to many reasons but not neccessarily bcoz of tight cash flow. It could be due to better interest rate / longer loan tenor offered by the bank OR is their corporate strategy to extend their banking relationship with other larger banks for future expansion OR maybe the land value has appreciated over the years that allow them to get higher loan margin to fund other projects. For individual like us, we may view an additional loan would caused us higher commitment, but for large corporation's view, additional borrowings may be their 'weapon'' to grow the biz and eventually turn better ROI. I believe big bank like CIMB has already evaluated eko biz performance b4 they lending out the $, especially if the loan amount involved few hundred millions RM or more. Just my 2cents
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Dec 9 2015, 08:00 PM
Show posts by this member only | IPv6 | Post
#423
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Junior Member
39 posts Joined: Dec 2015
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You city almost completed, ekc still doing piling... gg liao
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Dec 9 2015, 09:27 PM
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Senior Member
740 posts Joined: Nov 2012
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QUOTE(WTLW @ Dec 9 2015, 04:30 PM) Im not a buyer of ekc. What i wan to say is that, when a corporation trying to refinance to other banks, it could be due to many reasons but not neccessarily bcoz of tight cash flow. It could be due to better interest rate / longer loan tenor offered by the bank OR is their corporate strategy to extend their banking relationship with other larger banks for future expansion OR maybe the land value has appreciated over the years that allow them to get higher loan margin to fund other projects. For individual like us, we may view an additional loan would caused us higher commitment, but for large corporation's view, additional borrowings may be their 'weapon'' to grow the biz and eventually turn better ROI. I believe big bank like CIMB has already evaluated eko biz performance b4 they lending out the $, especially if the loan amount involved few hundred millions RM or more. Just my 2cents Likely need money for Bandar Malaysia project. |
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Dec 9 2015, 09:37 PM
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Junior Member
342 posts Joined: Oct 2004 From: Midgar
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QUOTE(WTLW @ Dec 9 2015, 03:30 PM) Im not a buyer of ekc. What i wan to say is that, when a corporation trying to refinance to other banks, it could be due to many reasons but not neccessarily bcoz of tight cash flow. It could be due to better interest rate / longer loan tenor offered by the bank OR is their corporate strategy to extend their banking relationship with other larger banks for future expansion OR maybe the land value has appreciated over the years that allow them to get higher loan margin to fund other projects. For individual like us, we may view an additional loan would caused us higher commitment, but for large corporation's view, additional borrowings may be their 'weapon'' to grow the biz and eventually turn better ROI. I believe big bank like CIMB has already evaluated eko biz performance b4 they lending out the $, especially if the loan amount involved few hundred millions RM or more. Just my 2cents Agreed that they are many reasons for refinancing, but should ekc not do so for properties/land which do not require hundreds of buyers' consent before it goes through?Any other buyers experienced this before? |
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Dec 9 2015, 09:51 PM
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Senior Member
740 posts Joined: Nov 2012
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QUOTE(SalvationArmy @ Dec 9 2015, 10:37 PM) Agreed that they are many reasons for refinancing, but should ekc not do so for properties/land which do not require hundreds of buyers' consent before it goes through? No way they will get all signatures. Unless they provide incentive. Additional free carpark bay ll be great.Any other buyers experienced this before? |
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Dec 9 2015, 09:57 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(SalvationArmy @ Dec 9 2015, 09:37 PM) Agreed that they are many reasons for refinancing, but should ekc not do so for properties/land which do not require hundreds of buyers' consent before it goes through? Only heard of developer getting consent for land initially not charged but subsequently need to get loan which is a messy processAny other buyers experienced this before? I think they not only need to get purchasers consent but maybe also the end financiers consent Actually they should call a briefing session for all purchasers... |
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Dec 9 2015, 10:01 PM
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All Stars
12,523 posts Joined: Feb 2013
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QUOTE(CMW123 @ Dec 9 2015, 07:57 AM) Only heard of developer getting consent for land initially not charged but subsequently need to get loan which is a messy process will u sign the letter if no incentive for u? i bliv some r overseas n wont be able to sign it etc..I think they not only need to get purchasers consent but maybe also the end financiers consent Actually they should call a briefing session for all purchasers... |
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Dec 9 2015, 10:04 PM
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Senior Member
3,774 posts Joined: Mar 2012
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QUOTE(Jagalat @ Dec 9 2015, 12:57 PM) Just a raw suggestion....buyers with the notifying letter, would you like to gather at their sales gallery and request for a QnA session? What's your say? Jagalat kor, may i suggest that u start a whatsapp discussion group and whoever want to join can pm their mobile no. to u. Thank you Sir for your effort in helping all purchasers to keep track of the construction progress all the time!! |
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Dec 10 2015, 05:12 AM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(Babizz @ Dec 9 2015, 03:01 PM) will u sign the letter if no incentive for u? i bliv some r overseas n wont be able to sign it etc.. Can nominate someone to sign on behalf of you. I've checked this as I'm based overseas...I guess even if you prefer to sign it yourself, you can ask that the letter to be couriered to you. |
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Dec 10 2015, 07:07 AM
Show posts by this member only | IPv6 | Post
#431
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Junior Member
109 posts Joined: Apr 2007
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QUOTE(Gary @ Dec 4 2015, 10:23 PM) I have received a letter on the change of chargee from ambank to cimb bank. They wan us to sign the letter to give consent. In pursuance to clause 2.2 in spa. I have the same letter too, my unit in Blk HBut the clause mentioned they must show evidence of ambank discharge on the encumbrance. If u guys have a 90% loan, it may delay the drawdown as the chargee is changed. And late drawdown will incur interest charges. They basically refinance the land to get more money out of it. |
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Dec 10 2015, 07:15 AM
Show posts by this member only | IPv6 | Post
#432
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Junior Member
109 posts Joined: Apr 2007
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QUOTE(CMW123 @ Dec 9 2015, 10:04 PM) Jagalat kor, may i suggest that u start a whatsapp discussion group and whoever want to join can pm their mobile no. to u. I support on this :) Thank you Sir for your effort in helping all purchasers to keep track of the construction progress all the time!! |
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Dec 10 2015, 08:16 AM
Show posts by this member only | IPv6 | Post
#433
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Senior Member
2,165 posts Joined: Jul 2013
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So many units here, thousands buyers can all gather to approach the developer.
This project can be finished lar, just material, workmanship no longer to be good, have to cut cost. Lol |
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Dec 10 2015, 09:47 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(CMW123 @ Dec 9 2015, 11:04 PM) Jagalat kor, may i suggest that u start a whatsapp discussion group and whoever want to join can pm their mobile no. to u. There has been a Facebook group created for owners.Thank you Sir for your effort in helping all purchasers to keep track of the construction progress all the time!! I try to avoid redundency of communication effort/platform... https://forum.lowyat.net/topic/3021334/+1864 But if most buyers in this forum prefer to use whatapps chat group, then l can setup one. |
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Dec 10 2015, 12:14 PM
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Senior Member
2,165 posts Joined: Jul 2013
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Lol. Thousands High density development. Whatsapp group notification can finish up your phone battery.
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Dec 10 2015, 12:51 PM
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Senior Member
3,774 posts Joined: Mar 2012
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We have 99 owners in Damansara Foresta whatsapp group now...max is 100
Everyone is enjoying themselves and benefiting from the information sharing... |
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Dec 10 2015, 04:18 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(CMW123 @ Dec 9 2015, 09:57 PM) Only heard of developer getting consent for land initially not charged but subsequently need to get loan which is a messy process EKC has already refinanced the land for a bigger loan sum with or wihout your consent. The letter is just a notification notice to the buyers. The refinancing has already been completed. Personally i am not too concerned if the project delays till 2018. The property mrk will still be in a doldrum till end of 2017 judging fr anecdotal observation which is largely contributed by oversupply of apartments, low oil price, inflation. Let the mrt run its course at the end of 2017 first b4 getting VP for this project. Also retailers are not having a good time now so best let Eko Mall launch in 2018. By then there maybe an upturn in the economy hopefully.I think they not only need to get purchasers consent but maybe also the end financiers consent Actually they should call a briefing session for all purchasers... |
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Dec 10 2015, 04:22 PM
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Senior Member
1,428 posts Joined: Sep 2013
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So if u guys wanna do a song & dance in front of the developer, leave me out of it..
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Dec 10 2015, 06:10 PM
Show posts by this member only | IPv6 | Post
#439
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(WTLW @ Dec 9 2015, 03:30 PM) Im not a buyer of ekc. What i wan to say is that, when a corporation trying to refinance to other banks, it could be due to many reasons but not neccessarily bcoz of tight cash flow. It could be due to better interest rate / longer loan tenor offered by the bank OR is their corporate strategy to extend their banking relationship with other larger banks for future expansion OR maybe the land value has appreciated over the years that allow them to get higher loan margin to fund other projects. For individual like us, we may view an additional loan would caused us higher commitment, but for large corporation's view, additional borrowings may be their 'weapon'' to grow the biz and eventually turn better ROI. I believe big bank like CIMB has already evaluated eko biz performance b4 they lending out the $, especially if the loan amount involved few hundred millions RM or more. Just my 2cents ya there is this possibility, the land valuation chargee to Ambaxk could be ages old, refinance to cimb based on current value will give them a huge cash out for another projects. the only good thing is cimb already approved means they have the ability to borrow such a huge amount based on paper. Cimb so kiasi and bank wont do losing business, if ekovxt not good enough, why cimb want to lend them? |
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Dec 10 2015, 06:12 PM
Show posts by this member only | IPv6 | Post
#440
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(ryan@chua @ Dec 10 2015, 12:14 PM) Lol. Thousands High density development. Whatsapp group notification can finish up your phone battery. you are the best! he borrow from ah long you also know  where you buy, i want to follow you |
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Dec 10 2015, 06:28 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(restful increase @ Dec 10 2015, 04:18 PM) EKC has already refinanced the land for a bigger loan sum with or wihout your consent. The letter is just a notification notice to the buyers. The refinancing has already been completed. Personally i am not too concerned if the project delays till 2018. The property mrk will still be in a doldrum till end of 2017 judging fr anecdotal observation which is largely contributed by oversupply of apartments, low oil price, inflation. Let the mrt run its course at the end of 2017 first b4 getting VP for this project. Also retailers are not having a good time now so best let Eko Mall launch in 2018. By then there maybe an upturn in the economy hopefully. any source to verify this?As per the SPA Sch H clause 2(1), it is clear that developer needs to get approval of purchasers, not notification. However, it seems nothing mention about refinancing of the land. |
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Dec 10 2015, 06:35 PM
Show posts by this member only | IPv6 | Post
#442
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(MrHunter @ Dec 9 2015, 09:27 PM) Likely need money for Bandar Malaysia project. i thought the money only can be used for ekocheras project. |
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Dec 10 2015, 06:48 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(gks @ Dec 10 2015, 06:28 PM) any source to verify this? got the information from ekovest staff.As per the SPA Sch H clause 2(1), it is clear that developer needs to get approval of purchasers, not notification. However, it seems nothing mention about refinancing of the land. |
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Dec 10 2015, 09:39 PM
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Senior Member
3,833 posts Joined: May 2008
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QUOTE(restful increase @ Dec 10 2015, 06:48 PM) got the information from ekovest staff. If what ekovest staffs saying is true, then buyers can just ignore the letter since developer will go ahead with refinancing anyway.Buyers lose nothing by not signing the letter.. However.... the content of the letter does suggest they need the approval from the buyers. |
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Dec 10 2015, 10:50 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Jagalat @ Dec 10 2015, 10:47 AM) There has been a Facebook group created for owners. Buyers, today, I had contacted the EKC owner's fb group admin, boss syong888.I try to avoid redundency of communication effort/platform... https://forum.lowyat.net/topic/3021334/+1864 But if most buyers in this forum prefer to use whatapps chat group, then l can setup one. He is aware of your PM. Cheers... |
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Dec 13 2015, 03:43 PM
Show posts by this member only | IPv6 | Post
#446
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ.... Taken last Sunday 6-Dec.... Starting to reveal wider B3 cement floor and a piece of B2 cement floor is also formed... Can be a shading place when raining....  |
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Dec 13 2015, 03:45 PM
Show posts by this member only | IPv6 | Post
#447
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ... angle from left....6-Dec  |
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Dec 13 2015, 03:46 PM
Show posts by this member only | IPv6 | Post
#448
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Senior Member
5,947 posts Joined: Oct 2013
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The land linking BlkH and BlkJ is getting flatter and levelled between the two blocks....  |
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Dec 13 2015, 03:48 PM
Show posts by this member only | IPv6 | Post
#449
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH ...Any difference from pictures previous weeks?  |
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Dec 13 2015, 03:54 PM
Show posts by this member only | IPv6 | Post
#450
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Senior Member
5,947 posts Joined: Oct 2013
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BlkN (Hotel)
Observed the number on the safety notice board(super zoom baru nampak) do roll each time l visit... Salute them updating it...  This post has been edited by Jagalat: Dec 13 2015, 04:01 PM |
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Dec 13 2015, 04:32 PM
Show posts by this member only | IPv6 | Post
#451
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Senior Member
5,947 posts Joined: Oct 2013
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All of the pictures above were taken last Sunday 6-Dec. BlkH... best zoom after rain TODAY 13-Dec..... As the soil is wet, l can't walk to the 'island' to take picture.  |
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Dec 13 2015, 04:32 PM
Show posts by this member only | IPv6 | Post
#452
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site, see the scaffolding of the ramp? One may check with your B3/B2 parking map and visualize the actual width of BlkJ....  That's all for today..... This post has been edited by Jagalat: Dec 13 2015, 04:34 PM |
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Dec 13 2015, 06:12 PM
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Junior Member
112 posts Joined: Nov 2013
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Thanks Jagalat, great pictures. Despite all the recent negativity by some posters, I'm pleased to see that the project is still progressing. It may not be as quick as we all would like it to be but at least it is progressing (i.e. not redundant).
The recent pictures (6th and 13th December) seem to have more observable significant changes so I guess it was indeed time consuming to prep the foundation (happy that they took their time rather than doing a half-baked job). I would rather have a delayed project than to sacrifice quality. I suspect it will progress much quicker going forward as it'll probably be easier to build above ground than to dig holes. As for the project itself, I'm still confident with the concept and location of the project. The completion of this project will only make trips to Leisure Mall more enjoyable with more to do and see. I've been living in London next to an overground station (not all London stations are underground) and I honestly love the convenience of being connected to all other parts of London at my door step. Unless I have the need for a bigger home (which makes it not very viable to live in an apartment), I'll go with properties next to a station any day be it for investment or own stay. This applies to KL as well. In terms of the tenant profiles, because the project is linked to an MRT station, we don't just get potential tenants from the local area but other areas linked to an MRT as well. I see this as a plus point for properties linked to an MRT station. Nevertheless, as with all investments, there's always risks involved. In the case of EkoCheras, typically these will be risks associated with an off-plan project. This is also the reason why the value will generally increase as the project's building gets more visible since the earlier buyers would have been compensated (well, theoretically this should be the case but not guaranteed ) for the risk of non-completion. Say what you want, but having seen property prices in Australia, UK and Singapore, Malaysia still has one of the cheapest properties for international investors. Keep up the good work with the updates Jagalat and those who have been sharing info and ideas / applying pressure to the developer when things don't look quite right. I know we have a facebook group but closer to project completion, it will be nice if we can formalise a group (eg. owner's committee or something) to represent the owners of EkoCheras. If we have a strong committee, then we will have a stronger voice which will then make it easier for us to make suggestions / apply pressure with regard to the management of the property post-completion. Given the size of the development, we could even consider having committees by blocks. All the best to us. |
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Dec 13 2015, 10:54 PM
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Senior Member
740 posts Joined: Nov 2012
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EkoCheras will the centre of Cheras. It will give Cheras a new image! Definitely will be the most IN place in Jiulai.
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Dec 14 2015, 09:27 AM
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Junior Member
364 posts Joined: Dec 2008
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QUOTE(Jagalat @ Dec 10 2015, 10:50 PM) Buyers, today, I had contacted the EKC owner's fb group admin, boss syong888. All owners are welcome to join, it is created for you.He is aware of your PM. Cheers... Pending Boss Jagalat to join since day one |
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Dec 14 2015, 02:47 PM
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Junior Member
112 posts Joined: Nov 2013
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Guys, heard there's a new development coming up behind Ekocheras with 4700+ residential units + hotel + offices. 2 towers apparently have 70 storeys.
Anyone has any info on this? Not exactly sure how this might impact Ekocheras but I guess we still retain the closest proximity to the MRT station. This population of people may also help sustain our Ekomall. Any thoughts? |
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Dec 14 2015, 03:01 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Dec 14 2015, 03:08 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(ekorjiulai @ Dec 14 2015, 03:47 PM) Guys, heard there's a new development coming up behind Ekocheras with 4700+ residential units + hotel + offices. 2 towers apparently have 70 storeys. It's approx 3 times the total units of EKC...Anyone has any info on this? Not exactly sure how this might impact Ekocheras but I guess we still retain the closest proximity to the MRT station. This population of people may also help sustain our Ekomall. Any thoughts? Wonder if there direct access from MRR2. Which one has better access to Jln Cheras? Which one has better access to MRR2? Which one is closer to MRT1? Which one is the better hub to attract foot step to it's mall? You be the judge .... |
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Dec 14 2015, 03:38 PM
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Junior Member
112 posts Joined: Nov 2013
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QUOTE(Jagalat @ Dec 14 2015, 08:08 AM) It's approx 3 times the total units of EKC... Ekocheras definitely. I think it could even work in favour of us (for mall success) if they can attract more people to the area. Wonder if there direct access from MRR2. Which one has better access to Jln Cheras? Which one has better access to MRR2? Which one is closer to MRT1? Which one is the better hub to attract foot step to it's mall? You be the judge .... I've viewed Tiara Heights super semi-d development (if the prediction of this massive project is where it is, then that cleared land next to the project as seen on the map is where Tiara Heights is) and asked about direct entry from MRR2 but they said no plans in place and indicated safety concerns. But who knows, anything is possible in Malaysia ;-) I just hope they will be good road planning to ease the congestion. In any case, I'm excited for this new area and quite positive to see that they are further investments pouring into this local area. The size of the total development in this area could potentially challenge Velocity already. |
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Dec 14 2015, 03:59 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(ekorjiulai @ Dec 14 2015, 04:38 PM) Ekocheras definitely. I think it could even work in favour of us (for mall success) if they can attract more people to the area. I am excited too..I've viewed Tiara Heights super semi-d development (if the prediction of this massive project is where it is, then that cleared land next to the project as seen on the map is where Tiara Heights is) and asked about direct entry from MRR2 but they said no plans in place and indicated safety concerns. But who knows, anything is possible in Malaysia ;-) I just hope they will be good road planning to ease the congestion. In any case, I'm excited for this new area and quite positive to see that they are further investments pouring into this local area. The size of the total development in this area could potentially challenge Velocity already. JMHO, a direct access from/to highway to a mall is one critical success factor. Wirhout it, the "Viva mall" will be a stranded mall and in this case, the entrence of EKC mall will grab some of visitors to "Viva Mall" ... Back in EKC approval days, if I recall correctly, one of the conditions was to build the Uturn flyover The new Viva project has 3x EKC units, they should build at least one for them (if not three).. |
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Dec 15 2015, 04:52 PM
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Senior Member
3,774 posts Joined: Mar 2012
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Has the refinancing to CIMB been completed?
Anyone sign and return the letter to developer? |
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Dec 15 2015, 06:31 PM
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All Stars
12,523 posts Joined: Feb 2013
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units in d new project will b cheap due to high dense.. will compete n flood d ekc market.. will also help ekc mall but lets see how this ekc malls turns out with gd loc yet management
if retailer no confidence in mall owner they wnt go in.. 1 vry famous example in the ciry centre |
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Dec 15 2015, 11:34 PM
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Senior Member
918 posts Joined: Jan 2012
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Anyone knows the development on the piece of land opposite to ekocheras? .. Saw there is fencing
This post has been edited by soon9913: Dec 15 2015, 11:37 PM |
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Dec 15 2015, 11:38 PM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(Babizz @ Dec 15 2015, 06:31 PM) units in d new project will b cheap due to high dense.. will compete n flood d ekc market.. will also help ekc mall but lets see how this ekc malls turns out with gd loc yet management Recently heavy rain no flood. if retailer no confidence in mall owner they wnt go in.. 1 vry famous example in the ciry centre |
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Dec 15 2015, 11:48 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(soon9913 @ Dec 16 2015, 12:34 AM) Anyone knows the development on the piece of land opposite to ekocheras? .. Saw there is fencing You mean the formal Yap Brothers Auto area?If so, someone asked before but no reply yet. |
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Dec 15 2015, 11:52 PM
Show posts by this member only | IPv6 | Post
#466
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Senior Member
2,165 posts Joined: Jul 2013
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QUOTE(soon9913 @ Dec 16 2015, 12:38 AM) Recently heavy rain no flood. Not only heavy rain, already thunderstorms , sign of tragedy  |
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Dec 16 2015, 06:53 PM
Show posts by this member only | IPv6 | Post
#467
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(ekorjiulai @ Dec 13 2015, 06:12 PM) Thanks Jagalat, great pictures. Despite all the recent negativity by some posters, I'm pleased to see that the project is still progressing. It may not be as quick as we all would like it to be but at least it is progressing (i.e. not redundant). well said... all the unit of SOHO smallest had been taken up according to SA , can see that people still willing to take it despite paying higher than the earlier buyers. For long run is not a bad buy provided they completed the project.The recent pictures (6th and 13th December) seem to have more observable significant changes so I guess it was indeed time consuming to prep the foundation (happy that they took their time rather than doing a half-baked job). I would rather have a delayed project than to sacrifice quality. I suspect it will progress much quicker going forward as it'll probably be easier to build above ground than to dig holes. As for the project itself, I'm still confident with the concept and location of the project. The completion of this project will only make trips to Leisure Mall more enjoyable with more to do and see. I've been living in London next to an overground station (not all London stations are underground) and I honestly love the convenience of being connected to all other parts of London at my door step. Unless I have the need for a bigger home (which makes it not very viable to live in an apartment), I'll go with properties next to a station any day be it for investment or own stay. This applies to KL as well. In terms of the tenant profiles, because the project is linked to an MRT station, we don't just get potential tenants from the local area but other areas linked to an MRT as well. I see this as a plus point for properties linked to an MRT station. Nevertheless, as with all investments, there's always risks involved. In the case of EkoCheras, typically these will be risks associated with an off-plan project. This is also the reason why the value will generally increase as the project's building gets more visible since the earlier buyers would have been compensated (well, theoretically this should be the case but not guaranteed ) for the risk of non-completion. Say what you want, but having seen property prices in Australia, UK and Singapore, Malaysia still has one of the cheapest properties for international investors. Keep up the good work with the updates Jagalat and those who have been sharing info and ideas / applying pressure to the developer when things don't look quite right. I know we have a facebook group but closer to project completion, it will be nice if we can formalise a group (eg. owner's committee or something) to represent the owners of EkoCheras. If we have a strong committee, then we will have a stronger voice which will then make it easier for us to make suggestions / apply pressure with regard to the management of the property post-completion. Given the size of the development, we could even consider having committees by blocks. All the best to us. |
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Dec 16 2015, 06:58 PM
Show posts by this member only | IPv6 | Post
#468
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Senior Member
730 posts Joined: Feb 2013
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QUOTE(ekorjiulai @ Dec 14 2015, 02:47 PM) Guys, heard there's a new development coming up behind Ekocheras with 4700+ residential units + hotel + offices. 2 towers apparently have 70 storeys. i see this as a good effect, this will provide price push to EKC, i can't see there is competition but this one does not come with mrt.Anyone has any info on this? Not exactly sure how this might impact Ekocheras but I guess we still retain the closest proximity to the MRT station. This population of people may also help sustain our Ekomall. Any thoughts? although there is a mall, but having a mall deep inside is not favourable. The ekc will be the yardstick in term of rental and selling price , if both project is having the same price point for rental and selling, as a customer which one will you choose? the option is clear. now the question is which project will be completed first to get the first pool of customer for rental and subsales. |
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Dec 16 2015, 09:09 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(mybenz @ Dec 16 2015, 07:58 PM) i see this as a good effect, this will provide price push to EKC, i can't see there is competition but this one does not come with mrt. Curious, is the first pool of customer for rental and subsales critical in the case?although there is a mall, but having a mall deep inside is not favourable. The ekc will be the yardstick in term of rental and selling price , if both project is having the same price point for rental and selling, as a customer which one will you choose? the option is clear. now the question is which project will be completed first to get the first pool of customer for rental and subsales. |
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Dec 17 2015, 12:08 AM
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Senior Member
918 posts Joined: Jan 2012
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70 storey !?!? 4.7 units!?!?
I personally don't think it will sell like hot cake like ekocheras in this JIB economy If behind EKC is quite a distance to MRT. Inside are small Taman road n difficult attract ppl go to the mall n hotel. QUOTE(ekorjiulai @ Dec 14 2015, 02:47 PM) Guys, heard there's a new development coming up behind Ekocheras with 4700+ residential units + hotel + offices. 2 towers apparently have 70 storeys. Anyone has any info on this? Not exactly sure how this might impact Ekocheras but I guess we still retain the closest proximity to the MRT station. This population of people may also help sustain our Ekomall. Any thoughts? |
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Dec 17 2015, 12:09 AM
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Senior Member
918 posts Joined: Jan 2012
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QUOTE(Jagalat @ Dec 15 2015, 11:48 PM) You mean the formal Yap Brothers Auto area? Yes bro.If so, someone asked before but no reply yet. |
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Dec 17 2015, 12:26 AM
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Senior Member
5,947 posts Joined: Oct 2013
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Just to imagine, 70 storeys is how many times of Awanpuri height?
(Assuming they share the same ground level and floor height) |
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Dec 17 2015, 12:31 AM
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Senior Member
5,947 posts Joined: Oct 2013
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With 10 blocks of the Viva buildings sitting behind EKC, some EKC's west facing units will not get direct sunset (one good news)....
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Dec 19 2015, 03:11 AM
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Senior Member
1,428 posts Joined: Sep 2013
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Thr are still 300+ bumi units which hv yet to be released. Ekocheras will be releasing them by end 2016 pushing the supply of apartments in the vicinity on top of the launch of the Viva apartments. I hope there will not be an oversupply of apartment in this area.
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Dec 19 2015, 03:16 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(restful increase @ Dec 19 2015, 04:11 AM) Thr are still 300+ bumi units which hv yet to be released. Ekocheras will be releasing them by end 2016 pushing the supply of apartments in the vicinity on top of the launch of the Viva apartments. I hope there will not be an oversupply of apartment in this area. Whether there will be an oversupply in this area, l would say it depends on the launching units of Viva apartments.If the Viva units are to be launched in phases where market can absorb, then OK. However, if many units are launched to flood the market, then very obvious an oversupply will happened The price of EKC bumi-release-unit will be a good reference point for subsale price upon vp. So, what psf will it be? Hotel&office punya psf or other? |
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Dec 19 2015, 08:22 PM
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Senior Member
1,428 posts Joined: Sep 2013
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QUOTE(Jagalat @ Dec 19 2015, 03:16 PM) Whether there will be an oversupply in this area, l would say it depends on the launching units of Viva apartments. According to the SA, he said they will increase the price of the bumi units when the units r released. it will not be the same price as the launching price but the quantum of the increase will only be disclosed during the release.If the Viva units are to be launched in phases where market can absorb, then OK. However, if many units are launched to flood the market, then very obvious an oversupply will happened The price of EKC bumi-release-unit will be a good reference point for subsale price upon vp. So, what psf will it be? Hotel&office punya psf or other? |
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Dec 20 2015, 04:19 PM
Show posts by this member only | IPv6 | Post
#477
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Senior Member
5,947 posts Joined: Oct 2013
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BlkH site.. Taken 2 hrs ago.. More pile caps revealed..cement on pile caps also dried ...  |
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Dec 20 2015, 04:20 PM
Show posts by this member only | IPv6 | Post
#478
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Senior Member
5,947 posts Joined: Oct 2013
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BlkJ site.. taken 2 hrs ago...
Do you observe a small portion of B1 cement floor? Feel free to zoom to view/count should you wish....  That's all about EKC site photo for today (perhaps for this year too) |
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Dec 20 2015, 04:25 PM
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Junior Member
269 posts Joined: Jun 2013
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Great! thank you very much
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Dec 20 2015, 04:29 PM
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Junior Member
269 posts Joined: Jun 2013
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What you guys seeing now is only the progress of SOHO, dont forget the progress of the ekocherasmall still far behind. don't think ekocherasmall will be ready together with the SOHO.
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Dec 20 2015, 05:30 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Side track..Sounds like the author here is very aware of the regulations. Hope he does not not violate one but fully complying to deliver EKC.. http://www.nanyang.com/node/740083?tid=686 |
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Dec 20 2015, 06:21 PM
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Senior Member
3,902 posts Joined: Jul 2007
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QUOTE(Jagalat @ Dec 20 2015, 04:19 PM) BlkH site.. Taken 2 hrs ago.. oh la... can get LAD ma, i guess can easily 5 figures from it More pile caps revealed..cement on pile caps also dried ... |
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Dec 20 2015, 06:37 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(lamode @ Dec 20 2015, 07:21 PM) oh la... can get LAD ma, i guess can easily 5 figures from it So wanna get one?How is your new BJ home? Speaking of the new development behind Awanpuri, do you have details if they are at the same ground level as Awanpuri or they are at the bukit Tiara higher ground? |
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Dec 20 2015, 06:41 PM
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Senior Member
3,902 posts Joined: Jul 2007
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QUOTE(Jagalat @ Dec 20 2015, 06:37 PM) So wanna get one? hey man! How is your new BJ home? Speaking of the new development behind Awanpuri, do you have details if they are at the same ground level as Awanpuri or they are at the bukit Tiara higher ground? going to move in next week been busy packing..that one changed liao, no longer 2 block of condo, they are talking about 4.7k+ residential units, but unconfirmed one la https://www.facebook.com/groups/11517943520...11639195556498/ |
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Dec 20 2015, 06:43 PM
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Senior Member
3,902 posts Joined: Jul 2007
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QUOTE(Jagalat @ Dec 20 2015, 06:37 PM) So wanna get one? u all whacked all the nice units liao, left over odd sizes n floor for me.. so bad lo How is your new BJ home? Speaking of the new development behind Awanpuri, do you have details if they are at the same ground level as Awanpuri or they are at the bukit Tiara higher ground?  |
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Dec 20 2015, 06:57 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(lamode @ Dec 20 2015, 07:43 PM) u all whacked all the nice units liao, left over odd sizes n floor for me.. so bad lo Queue for bumi release lah.... |
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Dec 20 2015, 07:01 PM
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Senior Member
3,902 posts Joined: Jul 2007
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QUOTE(Jagalat @ Dec 20 2015, 06:57 PM) Queue for bumi release lah.... brought nidoz d la ... |
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Dec 20 2015, 08:18 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Side track 2....
http://www.propertyguru.com.my/property-ne...property-sector One can expect a market correction of 3 to 4%. This is especially true for high-rise units, especially in the high-end market. There, of course, will be certain properties in prime areas (i.e. near the MRT, etc.) that will buck the trend and continue to appreciate. Chinese text here... http://property.sinchew.com.my/node/3348?tid=4 根據該報告，2016年房市會稍微走跌，然後下半年會逐漸回穩，2017至2018年房市將會逐漸復甦。在明年房價和交易量會有一定的調整，介於3至4%，尤其是高端的高樓房產。不過，在一些黃金地段（如：靠近捷運站）則會逆市上漲，價格繼續攀高。 Do you think EKC, located at the MRT area, has price rise? |
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Dec 21 2015, 10:33 PM
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Senior Member
3,902 posts Joined: Jul 2007
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QUOTE(Jagalat @ Dec 20 2015, 06:57 PM) Queue for bumi release lah.... asking on behalf...last time heard got pile of cheque queuing, are they still in there or all gone d?  |
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Dec 21 2015, 10:50 PM
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All Stars
12,523 posts Joined: Feb 2013
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a lot of props near mrt alrd include premium of 20% of more.. i strongly bliv premium shld be 10-20% depending on class of prop whrby low cost mid cost will untung the most while high end appreciation circa 12%
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Dec 22 2015, 09:26 AM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(lamode @ Dec 21 2015, 11:33 PM) asking on behalf... The last l know yes. That was a long time backlast time heard got pile of cheque queuing, are they still in there or all gone d? Unless the cheque dates were not filled, all should have gone expired already. |
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Dec 24 2015, 06:48 PM
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Senior Member
5,947 posts Joined: Oct 2013
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Received this greetings from EKV...
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Dec 24 2015, 07:51 PM
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Junior Member
112 posts Joined: Nov 2013
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Merry Christmas all!
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Dec 31 2015, 05:04 PM
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Junior Member
182 posts Joined: May 2013
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Will love to see the synergistic effect of Bandar Malaysia, MRT1 & 2, HSR and Eko Cheras after today's announcement of IWH subscribed 60% of Bandar Malaysia.
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Dec 31 2015, 06:19 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(TFCapital @ Dec 31 2015, 06:04 PM) Will love to see the synergistic effect of Bandar Malaysia, MRT1 & 2, HSR and Eko Cheras after today's announcement of IWH subscribed 60% of Bandar Malaysia. Haha...Would love to see the synergized results too.No EkoTitiwangsa and RiverofLive in your statement? Happy New Year 2016! |
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Dec 31 2015, 09:42 PM
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Senior Member
3,838 posts Joined: Sep 2013
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wait long long for the hsr la...and even longer for the sungai to hidup, i'll probably mati before that
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Jan 5 2016, 01:35 AM
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Junior Member
303 posts Joined: Aug 2008
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Are there still units available for hotel suite or office?
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Jan 5 2016, 07:51 AM
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Junior Member
267 posts Joined: Nov 2004 From: Rock Caves
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Hi. So now any billing?anyone received 2a?
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Jan 5 2016, 03:44 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(FeeD @ Jan 5 2016, 02:35 AM) Are there still units available for hotel suite or office? Try these numbers if no reply from forummers https://forum.lowyat.net/topic/3021334/+2040 |
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Jan 5 2016, 03:47 PM
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Senior Member
5,947 posts Joined: Oct 2013
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QUOTE(Gary @ Jan 5 2016, 08:51 AM) Hi. So now any billing?anyone received 2a? Yes..Received 2a billing request letter from developer.But letter from banker, not yet. |
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