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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai
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LaBoost008
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 Jan 18 2017, 08:59 PM
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QUOTE(BEANCOUNTER @ Jan 18 2017, 02:13 PM) i believe buyers have options of dibs with more expensive price or no dibs with lower price. actually the project is not delay as delay no work at all......this is due partly I believe is the inexperience in part of ekovest as developer. when they started selling the soho and apartments, their master plan was only shoppes and retails in open space concept....then later they decided to have a proper mall instead of open concept...reapply for master plan changes, putting in the right foundation and etc........all these have caused the delay..... I am not sure if ekovest will apply to DBKL to extend the spa period of 4 yrs to further since there has been fundamental change in the project.........hope not otherwise LAD value will be affected. which developer so generous want to pay lad.most probably they will get extension fr dbkl to avoid lad. |
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LaBoost008
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Jan 18 2017, 09:59 PM
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QUOTE(BEANCOUNTER @ Jan 18 2017, 09:11 PM) Knowing they so buddy buddy with govt......i trust they will... A developer of a delayed project in kuchai lama managed avoid paying lad by getting extension fr authority. |
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LaBoost008
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Jan 21 2017, 11:23 AM
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QUOTE(lamode @ Jan 20 2017, 11:57 PM) LAD issue aside for a moment. on the bright side, the market is super slow now, and MRT line being one of the main catalyst for the mall's success, it needs time for reasonable amount of people to start taking MRT instead of driving, so VP later this year might not be good idea than VP 2019 or so. :thumbsup: even for own stayers, high turn over in mall tenants has more cons than pros in long run.  You have more to lose in paying interest if the project delayed. |
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LaBoost008
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Jan 21 2017, 01:12 PM
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QUOTE(BEANCOUNTER @ Jan 21 2017, 12:16 PM) how come? LAD is 10%, loan interest is around 4.5%....how to lose if you got LAD? all the best if you hope for lad. |
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LaBoost008
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Jan 21 2017, 02:11 PM
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QUOTE(Jagalat @ Jan 21 2017, 01:45 PM) Can you elaborate more details losing in paying interest if the project delayed, if there is lad? Would like to assess in case there is something we didn't see... Thank you. Check this out. http://asklegal.my/p/hba-sues-housing-mini...delayed-project |
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LaBoost008
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Jan 28 2017, 08:35 PM
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QUOTE(Jagalat @ Jan 28 2017, 05:15 PM) Now every building is taller the fence and visible from Jln Cheras. In case one is caught in the jam, a suggestion is to enjoy this view(counting floors) while queuing at either side of Jln Cheras.... Enjoy counting floors? O.M.G.  |
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LaBoost008
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Aug 21 2017, 12:28 AM
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subsale will be tough with so many new project nearby launching below 500psf.
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LaBoost008
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Sep 30 2017, 09:30 PM
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QUOTE(propertymart @ Sep 30 2017, 08:40 PM) Looks good when the MRT beside it , i still remember when I go their pre launch at Gombak gallery, they selling rm680 psf  few years back  my friend took two ;( I just see only lol , I believe 1st batch all LAD soon  No LAD. They will apply EOT from the ministry and they will get it. |
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LaBoost008
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Sep 30 2017, 10:31 PM
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QUOTE(Jagalat @ Sep 30 2017, 10:15 PM) Won't rule out the possibility of EoT. Even if so, this project surely won't be the first and there are more EoTed projects in front of this to learn from. Until then, monitoring is continued to observe any sign of abandonment (no matter how low the possibility is).... EOT tactic will be used for abandoned empir$ remi$ project in usj if they have the capital to complete the job. |
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