You mean the first project of its own? It is Eco Botanic then.

Oops! My bad.
No idea... this was actually shown in EW FB couple of days ago ( https://m.facebook.com/EcoWorldDevelopment/...rce=48&__tn__=E )

This post has been edited by Jasoncat: Sep 22 2016, 08:15 AM

6 months to go? EW's financial end is 31October. Btw, there is still room to "maneuver" whether to use these launches to meet the sales target for FY15 - just play around with the S&P signing date will do.

This post has been edited by Jasoncat: Sep 22 2016, 09:42 AM

Considering the rather tough market condition and that its projects are mostly not aiming for the affordable segment, the RM4.5B for FY17 indeed is a hard target to meet. Anyway, the sales of its overseas projects in the UK and Australia should have been included in next financial year if not this year - I would say that's the wildcard for the S&P signing date of the coming launches this Sunday.

What I understand is that even if you have signed the S&P on the launch date this Sunday the S&P will only be stamped once the buyer confirm securing the financing.

If unable to secure financing, then the booking fee should be refunded. As to the question whether it's a full refund or a small sum deducted for "admin" charges, I think whether there is a pre-signed S&P or not is not an issue. If based on some of the current market practice, a small "admin fee" still be deducted when the interested buyers sign only the booking form.

Didn't EW launch 4 projects (Eco Sanctuary, Eco Terraces, Eco Tropics & Eco Business Park III) on the same day as well last year?

When you see the paper the developers say RMXX bil sales achieved or they target to achieve RMXX bil sales - all it means the unbilled sales.

To be more precise, some (unbilled) sales recorded in earlier part of the financial year could have been billed then but it is still accounted for as sales for that particular year.

Btw, I blow water oni

This post has been edited by Jasoncat: Sep 23 2016, 02:40 PM

I think the timing of the IPO of EWI is still a deciding factor. I think EWI should have a billion plus sales achieved in this financial year.

Agreed boss.

Wow! This is first time I see such arrangements on the launching day.

Upon the buyer's turn to select unit, it's given only a minute or two to choose leh... so doesn't really have chance to discuss a lot this is particularly true when the buyer's queue number is way behind and all its preferred units gone So really need to devise a strategy before go in

I see... I think they have improved the unit selection method. Is there a screen in the unit selection hall whereby you can see it live the moment a buyer chooses its unit it will be shown on the screen?

Thanks for info. That's good and it helps in the decision making without rush.

As it is a strata-titled development governed under Schedule H, 3 years development period is the standard timeframe.

No prob boss. We sama-sama blow water and learn. No one knows everything.

I will take an estimation of 3% - 5% (5% could be extreme here though).

If not mistaken it is around RM250pm for Avenham and RM200pm for Graham.

Bro, the monthly maintenance fee that the buyers pay for shall only be used for the common facilities, landscaping etc within their own precint. The dragonfly lake and the greenery surrounding it and public area shall be the responsibility of the developer at the moment till it hands over to the local authority.