Earlier got 1 agent told me limited units. He sold few at RM510K and even told me can't get anywhere below RM480K. Now got few agents event offered as low as RM435K (car park view) and pool view fr RM450K. I think i'll wait until after the budget next fri or event maybe after election... Hope that there will be other properties launch in the near future...

No need so kan cheong laa.. Got money sure can buy anytime
I somehow thinks agt r d 1 who overpriced the whole place.

how does the agt "overprice the whole place"? unless of course only one agt there so for sure can set whatever price ..but secondly willing buyer willing seller no?
more often than not when prop just vped, i notice that agents tend to sell lower to quickly close the deal due to competition..
better a bird in hand than 2 in the bushes ..

anyway, if one feel not worth it, better look somewhere else esp in the secondary market ..

the price is a little too high for a high density living area.

high density needs to compare to total enclave..how big the entire area

i think parklane OUG is high density

Yes, would definately be a carpark hell zone in time.

LOL,
got owner want sell his 1074sf with 1 car park at level 6, at RM490K.

Any REAL buyer plz come to me.
RM450k, 1127sf can view KLCC.

1 car park 450k?

maybe that one his preference price lei..


This post has been edited by ts1: Sep 24 2012, 02:06 PM

yes.
I also want sell my friend's unit at RM490k.... then i can earn more RM40k...

450k I got some unit for sales, 1074 sf 445k , any buyer pls pm me ya^^

may I know the current asking price? and how much is the value given by valuers? thanks!

Hello, I'm a first time poster and a long time lurker.

I've visited MF once courtesy of a friend who own an unit there and I must say it is a nice place.

And now I've decided to get an unit for myself! If any owners are selling, kindly drop me a PM, I'm particularly interested with block C, mid floor with 2 parking lot, fronting garden or pool. Cheers

There are plenty to choose... No worry, just visit this Sunday and the agents is always standby there to serve u...

I'm wonder how come the price can't really move up after so many months... 445k still got ppl wanna sell and there are many many sellers at anything above 460k per unit.... Seem many flippers in this property and now on hot sales...

I foresee the price might go low as 400k for those have no holding powers...

Missed the boat, last time sell below 300k in 2008, installment less than 1500 every month, easy to rent out

Most who post for sale units at RM450k+/- are agents, and some are playing up the price by saying units have sold for RM480k and selling price will breach RM500k soon. I am not sure what is the current bank value but am aware that the "realistic" going price now is about RM400k at this stage, some transactions done. Similarly I feel that price may plummet further with oversupply of low to mid-range condo units, especially speculators who have a lot of units in hand who still can't find the right buyer. It will be a problem to service the loans and monthly instalments, and in the end will have no choice but to release at lower price. Most of these speculators will not consider renting out due to the hassle as their initial plan was to sell only, unless they have no other choice if there are no potential buyers.

With the current trend after the budget announcement, the government and developers will be concentrating to build more affordable condos in the price range of around RM400k and this may contribute to more unoccupied units in low to mid-end condo units.

I think the selling price is depend on sizing of the units. As i know the sub-sale so far are quite good. I don't think so the price will going to drop.

Do you find any good one recently launched condo price range is around 400K?

Thanks Helius, you are absolutely right on the availability.

I've done some analysis myself and I find MF to my liking, one man's meat the other poison.

It all depends on one's ownership perspective, does one purchase to make a quick 5/6 figure, renting out or for yourself/family? Each of the above will have its own prerequisite but similar at the end nevertheless. For quick bucks, all investors had already made their profits, it's a matter of how much is enough. Again, we lived in a different time now, 300k+ with good local and perks simply does not exist anymore, those were the yester years, sad but true.

As most have shared, most units does hover along the 450k+/- range and I believe it's here to stay. Even though I'd liked it to be within the sub 400k range, it would either be a good purchase or it could signal the opposite.

Block C which I'm interested in cost the most, up to 400k I believe from my limited knowledge simply could not go lower otherwise 1st hand owner would be taking losses.

Block A & B is different altogether price wise and are riding on the new price benchmark. Like all condo, to each their own, nothing is perfect though MF however I like it does have its predicament like for example its local which could be a + or a - in a sense its close proximity to central vs its sub-sub-urban demographic, who knows what would the landscape be in a decade time? the tower/cables, maintenance and etc. I'd buy whatever I fancy and afford.

In the meantime I'm also looking at block B to widen my option, pool view low floor is my preference, PM should you have available unit, decent offers please, genuine home purchaser.

Cheers

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Added on October 22, 2012, 2:00 pm@ryder
We have always been living in a world of speculation, it's just that we are riding at the height of it at this very moment.

What justify asking price per square feet? Too many factors I'm afraid where too many plays are in question for instance profit taking by various interest where the highest margin rule the day. Banks that over lends based on gross income ignoring vital variables which equates to high risks returns but with one important element which is the propensity to ensure that borrowers are able to materialized gains.

Owners, agents and developers plays the maintenance role to ensure prices are in check for sustenance.

All of these are basic economic, the downside of it all are tremendous as well as fabulous in profit sense.

If you look at land parcels in the valley, they are in abundance setting the landscape for a new era of pricey cost of living.

Economic sustenance is key and I don't see any reasons prices would fall unless we are hit by a economic turmoil.

This post has been edited by explorer2: Oct 22 2012, 02:00 PM

Just curious..

I'm a condo hunter, and my target is applying a 90% loan.

No matter what is the price any of you advertise, if its above market value, and to purchase, need to top up more than 10%, don't think I'm capable of

Why most agents advertise above market value??? How a buyer can buy if can't apply 90% loan? But inestead need to top up more bcoz waaaay above market value

those unit facing car park last time sell for 380k

those better unit facing pool (my fren sold 465k Block A2) in June, 2012 if not mistaken

worst come to worst, those owner who owns 10 units (entry price 220k-270k) can rent it out for 1600 ( unfurnished)
monthly installment 1.1k.......

i think if any1 here can find a 450k unit facing KLCC faster grab it b4 the shoplots handover..i think will create more value to the community ..





This post has been edited by ts1: Oct 23 2012, 04:44 PM