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Old September 22nd, 2013, 12:44 PM   #21
davidwsk
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Old September 22nd, 2013, 12:46 PM   #22
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Tower E – EkoCheras Service Apartment

Total floor : 36 storeys exclude LG ( LG, GF & 1st Floor are retails)

Total Unit : 362

Price* : From approx $425k ($714.3 psf)

Size* : From 595sf to 1245sf

Type : A1/A2 55.3m2 (596sf) 1 Bedroom 1 Bathroom (1 carpark)

Type : B1/B2 71.5m2 (821/857sf) 1 Bedroom 1 Bathroom (1 carpark)

Type : C1/C2 107.77m2 (1160sf) 2 Bedroom 2 Bathroom 1 Storeroom (2 carpark)

Type : C3/C4 115.67m2 (1240sf) 2 Bedroom 2 Bathroom 1 Storeroom (2 carpark)

Type : D1/D2 99m2 (1066sf) 2 Bedroom 2 Bathroom (2 carpark)


Land size : Approx 12 acres Freehold

Type : Mixed Commercial Integrated

Today launch : SOHO

Total Units : 1000+ units

Size : 762sf to 1327sf

Price* : From $633psf (Before Discount)

*Pricing is just an indicative. For detail pricing please contact to Ekovest directly.

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Old September 22nd, 2013, 12:51 PM   #23
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Old September 22nd, 2013, 12:54 PM   #24
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Old September 23rd, 2013, 05:47 AM   #25
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http://www.ekocheras.com/
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Old October 10th, 2013, 04:27 PM   #26
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Source News - "the developer of EkoCheras, the ever popular recent launch, will be bringing possibly a 12-screen cineplex to its development. The largest for Cheras, that will be a major boost for Cheras folks!"

Source - https://www.facebook.com/groups/1151..._comment_reply
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Old October 10th, 2013, 04:49 PM   #27
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Quote:
Originally Posted by W3raq View Post
Source News - "the developer of EkoCheras, the ever popular recent launch, will be bringing possibly a 12-screen cineplex to its development. The largest for Cheras, that will be a major boost for Cheras folks!"

Source - https://www.facebook.com/groups/1151..._comment_reply
Thanks... for our sentences being quoted here.
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Old November 4th, 2013, 06:37 AM   #28
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https://www.youtube.com/watch?v=zX5YOhNRNxg
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Old November 4th, 2013, 12:16 PM   #29
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Old December 30th, 2013, 11:50 AM   #30
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Major changes happening.

EkoCheras set to become the largest shopping mall in Cheras. Shoplots converted. Lower floor of apartments surrendered. International mall designer engaged. Redesigning. A Cineplex with about 10 screens confirmed. Property guys say could reach 1 mil sf.
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Old February 26th, 2014, 05:08 AM   #31
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Old May 3rd, 2014, 08:30 PM   #32
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Very bz project....very good location but really hate the traffic jams...hopefully the mrt will solve the problem a bit...
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Old May 4th, 2014, 02:28 PM   #33
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Very bz project....very good location but really hate the traffic jams...hopefully the mrt will solve the problem a bit...
Wondering whether has ground work started?
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Old May 8th, 2014, 03:02 PM   #34
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Ekovest plans RM10.6b GDV property projects
08 May 2014| last updated at 05:00PM
http://www.nst.com.my/business/lates...jects-1.590920

KUALA LUMPUR: Construction and infrastructure group, Ekovest Bhd, is planning several property projects with a gross development value (GDV) of RM10.6 billion by 2023.

Managing director Datuk Lim Keng Cheng said the group plans to develop its landbank in Kuala Lumpur and Johor over the next five to 10 years, with a GDV of RM5.6 billion and RM5 billion respectively.

"Our land bank, situated mostly near major highways, is awaiting development, especially in Kuala Lumpur.

"Piling work on the Eko Cheras project has started and the Eko Titiwangsa venture will begin soon," he told reporters after the company's annual general meeting, here.

Lim said Ekovest will allow its landbank in Johor, strategically situated near the coastal highway and tourist hotspot of Danga Bay to mature, before developing it and aims to attract Singaporean buyers for it.

The group has a 13.75 hectare landbank in Kuala Lumpur, 10.11 hectares in Johor and 4.85 hectares in Kuantan, Pahang.

The company will wait for more infrastructure development around the landbank in Johor before proceeding on any project, and the same goes for that in Kuantan.

Meanwhile, Ekovest expects its main revenue stream this year at 40 per cent contribution to come from the construction and property development segment,
highway and toll concession (30 per cent) and the rest from other businesses.

Last year the three segments contributed 62 per cent, 27 per cent and 11 per cent respectively.

Ekovest recorded lower revenue in its financial year ended June 30, 2013 at RM66.74 million from RM84.17 million previously.

The company claims it is still maintaining a strong cashflow and currently possesses a RM2.27 billion order book and RM1.4 billion for its third party order book.

"We are always open to talking business because we have a lot of landbank and welcome companies for joint ventures in the future," Lim said.-- Bernama
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Old June 9th, 2014, 09:38 AM   #35
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Ekovest encounters partnership hiccup

Posted on 27 May 2014 - 05:40am

Liew Jia Teng
sunbiz@thesundaily.com


KUALA LUMPUR: Ekovest Bhd, which plans to launch several property projects in Kuala Lumpur and Johor with a combined gross development value (GDV) of RM10 billion through 2023, is encountering a hiccup in identifying its foreign joint-venture (JV) partners, as the housing cooling measures announced by the government last year has dampened interest in local properties.

"The housing cooling measures has sent a wrong message to the foreign investors. It is too early for Malaysia to introduce that because our property market hasn't gone back to the booming period in 1998," said Ekovest managing director Datuk Lim Keng Cheng (pix).

In Budget 2014, the real property gains tax (RPGT) was raised to 30% for properties disposed off within a holding period of up to three years. For disposals within the holding period of up to four and five years, the rates were increased to 20% and 15% respectively.

"(By raising RPGT), you're creating a big vacuum shortage in the supply of properties and the contractors will be crying for jobs because a lot of developers are worried about the cooling measures. There will be lesser units to supply the market and that will create another round of hike in property prices," said Keng Cheng, adding that the only way to cut down the prices is to increase supply.

He also opines the RPGT should be revised back to the pre-budget level, as the property market in Malaysia has not reached the same level as Shanghai, Hong Kong and Singapore.

Ekovest, an integrated construction, property development and infrastructure group controlled by property tycoon Tan Sri Lim Kang Hoo, has a 10-year plan to develop its landbank in Kuala Lumpur and Johor, with a GDV of RM5.6 billion and RM4.4 billion respectively.

According to Keng Cheng, who is Kang Hoo's nephew, the property projects in the pipeline such as EB Gateway (RM2.8 billion), EB Quay (RM210 million), EB Park Place (RM323 million) and EB Avenue (RM186 million), are all open for JV partnerships with any reputable foreign developers.

"My door is always open for JV. We welcome property developers from China, Indonesia, Japan and Korea. But so far, nothing is concrete," he said, adding that the JV ratio is open for discussion.

Despite the negative impact from the revised RPGT, Keng Cheng however remains optimistic about the prospect of attracting foreign partners to jointly develop the landbank in the River of Life precinct, dubbed KL River City.

"Yes, this (RPGT) is the main challenge for us. But the petrol in our country is being subsidised and the cost of building materials here is cheaper than other countries," he said.

"This is how I convince them and they still see the positive side of Malaysia. Hopefully, this is just a hiccup and they will be back," he added.

He went on to say that some of the foreign developers have expressed interest to undertake the JV with Ekovest, hence the group may not need to raise capital should the JV partners come in.

On the on-going property projects, Keng Cheng said EkoCheras, with a GDV of RM1.6 billion, was launched in September 2013 and its residential units have almost sold out. As for its commercial units, the group intends to build a shopping mall to generate recurring income.

In the second half of 2014, Ekovest will launch EB Titiwangsa, a mixed-development project comprising retail shops and service apartments with a GDV of RM500 million.

On another note, Keng Cheng said Ekovest may consider expanding its highway concession business to Malacca, as the group has built and now operates the RM1 billion Duta-Ulu Kelang Expressway (DUKE) 1 and the RM1.18 billion DUKE 2.

For its construction segment, Ekovest has an orderbook of RM2.27 billion, including the construction work of DUKE 2, as well as the fourth lane widening of PLUS highway between Nilai and Bukit Lanjan.

The group is also bidding for other projects worth RM1 billion, including the infrastructure civil work of refinery and petrochemicals integrated development (RAPID) project in Pengerang, Johor.

Going forward in 2015, Keng Cheng expects the highway concession business and property division to contribute 30% each to Ekovest's revenue, while the remaining 40% from its construction segment.

http://www.thesundaily.my/news/1059403
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Old June 16th, 2014, 05:05 AM   #36
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this site is extremely busy
together with the mrt project right infront
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Old June 16th, 2014, 10:32 AM   #37
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bz & bad traffic jam..shud avoid dis area....
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Old October 11th, 2014, 08:56 AM   #38
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jagalat from lowyat.net
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