I don't get what you mean by the price have been inflated. I am current staying at Midfileds. To say only 1/3 of the block A is occupied is an understatement. I am quite sure it is more than that. Not fully occupied ? yes. but to say only 1/3 is not acurate. At least my floor is fully occupied. If you say 400k and nego.. I please please pm me the number if you don't mind. 400k for a place like Midfields is good for own stay. I have friend who is looking for a place at Midfields. The rental might be low, for own stay it is to saying said " mana mahu cari " .... Take The Zeva and Puchong South for instant, it is selling at 400-430 sf which need to be completed in another 2 years. Location wise, Midfields has access to town center. Yes the surrounding is as good as Taman Desa. But it is rather hard to find a condo with this price tag with such a location. 5 min to Midvalley. 10 min to KLCC. 2 mins to Seremban highway and Mex. 3 mins to jalan tun razak heading KLCC. 3 mins to Best Raya highway. The rental is about RM1600. yeah it is a low. But again ( for own stay ) if you are renting a condo with such facility in Taman Desa it is about Rm2500. I have a friend renting at that price tag in Casa Desa. Yeah Taman Desa is better but is the Rm2500 in comparison to RM1600 is something to be considered. By the way DIBS is not something attractive if you are going for a 70%. If fact you should not take DIBS if you are going to take 70% loan. normally developer will give further discount if you are not taking the DIBS. And developer will assume that you are taking 90% loan to offer you the DIBS. Please PM me the contact number. I want it. 400K will be a steal in my opinion. Thanks.

How the rental market at midfields?? Fast or slow demand

400k is not a steal since launching price of Midfields just about 1.5-2 years ago is only 230k-250k. The fact that there are still many unoccupied units at Block A despite handing over for so long suggested that most buyers are mostly speculators looking to sell/rent and not those looking for long-term stay. It may not be 1/3 empty but surely around 50% +/- empty units, not taking into consideration the number of months Block A has been handed over.

Also, from what I understand there are quite many people renting at Midfields Block A on temporary basis and not staying there for long-term. Accessibility to KL is good but the environment, it depends on the individual. The surrounding area is quite run-down with batching plants and small scrap yards. Witnessed some serious flooding in Midfields too in this rainy season with water flooding at ground floor walkway caused by the low land coupled with poor drainage. Elevated car parks do not have scupper drains along perimeter and whenever rain splashes into the car parks pools of water will be on the floor as there is no proper drainage.

Once the shophouses are completed, several units facing the back of shoplot will have bad view which will affect resale value, unless one doesn't mind looking at the rubbish bins and unsightly view of back lanes of shoplots.

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Added on December 6, 2012, 3:42 pmAgents will have their tactics for sure as they will do whatever to secure sales. They need to sell for a living. Anyway it is better than I don't write too much as there are many agents lurking around here who insist that the price will breach RM600k soon.

Yes, I agree the 1st quarter of year 2013 will be very slow. In fact some experts and the media have highlighted on this expected situation in the property market for next year, unlike the erratic or should I say drastic booming in 2009-2011.

This post has been edited by Dwango: Dec 6 2012, 03:42 PM

the selling price is quite depending from the satisfactory level of the owner.
if the owners enter the market at 220k and now they sell it with the 350k, they might be thinking that it is more than enough.
but most of the owners who greedy,they might be placing the selling price with 500k or even 550k to wait for those who are brainless enuf so they can pocket themselves with profits.
so as a buyer, you have to do some homework before you make any move or being influence by agents or owners.

400k is not steal, it is advisable to ask your friend to do some homeworks instead of being spoon feed.
iproperty is one of the easiest way, 410k and 420k can be easiliy to be found everywhere which larger built up.
i dont think those prices are firmed unless you are really poor in bargain.

regarding the rental,
total unit in MF is about 1000+/-.base on my assumption and observation,30% or maybe 60% are being occupied by genuine buyers or being tenanted.
what about the remaining units?
RM1600 is only the preference price from the owner, when the demand is lower than supply,
i dont think you can able to get for that amount.
and location of Taman Desa is unbeatable.
east west link is definitely a nightmare for those drivers especially for those who working in PJ area .
not to say the poor accessibility of MF,surrounded by factories and foreign labors wander around that area during night time.
the wooden partition wall did hold me back from considering that place.

1.6k is partial or basic unit

Just rented out 1 unit for RM1900, basic + kitchen cabinet.

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Added on December 6, 2012, 7:09 pmForget about how much the original purchaser bought it for, it's irrelevant. Which other condo that is relatively new in this area that you can buy? At how much? Look at UOA Tmn desa project, cost a lot more, arguably worse access. If you think 400k is too much to pay because the seller earns 180k, then just blame yourself for not buying it 4 years ago

This post has been edited by dasecret: Dec 6 2012, 07:09 PM

agree, from i-property I can see the offers of Midfields unit at <= 400k
1) 1074sf
- low floor
- facing north
- 2 carpark
- selling at RM395K

2) 1139sf
- mid floor
- facing south
- 2 carpark
- selling at RM405K

I think the asking price have been stagnant/drop a bit.. I think those owner which bought few units and wish to offload them will lower a bit the asking prices ..
As long as they have profit gained I think they don't mind to sell <400k. If bought 250k previously, sell it >350k already made a handsome profit..

My friend let go two units (1074sf) at RM365K

when did your fren sell his units?
what floor?
view?

didnt know that Midfields has 2 swimming pools one sandwiched between A &B and the round one on the other side of Block B..
also i like the piped in gas facility..

ya..surrounding a bit run down at the moment..

actually so near to KL Centre, for new VPed development, the prices are very competitive..sekarang mana boleh dapat?

I must say I disagree with you. Seller always want to sell at the higher price. But they are not stupid either. Who want to sell at 350k if the market are running at 450k ? I am current an owner of Musfield and I am staying here for 6 months already. The info I am giving here is not spoon fed info. Taman Desa is just 2 mins away from Misfield. The access is more or less the same. In fact it could be better depending in where you want to go. Taman Desa 2 main access in old klang road and eat west link which share the same accessibility as Midfield.
About the factories worker or the foreigner wondering around the area I duuno why you make such a big fuss. Midfield is hate Ang guarded. The security guard is doing quite good job I must say. 24 hours security guard at the lobby. They doesn't allow my friend to get into my block unless my friend called me up and pass the hp to the security guard to talk to me to double confirm his entry. If you feel like to walk around you can do so at the park on top of the car park or the newly made 1 acre park which is nice. By the rent is rm1600 or the preference price. My neighbour rent it at this price ok. The total unit is not 1000++. It is around 800 unit. If you want to know the exact number. Count the mail boxes. I count it. It is 780 units. 1 floor 8 units. 20 floors. 5 blocks. It is 20x8x5 = 800 units ok. Iproperty is not entirely realisable. Check the lowest price and try to call the agent , they will mostly tell you the lowest price was sold but they have other units which is still available . Check property wall. It is more accurate. At least some owner will post selling price there. Most of the time agents will like to sell it fast so they will try to push the price down. 430k and 400k commission is not much diffrent. It is the owners who want to push the price up. I am not sure where do you get the info. I have been here for 6 months. I have never experience any flood as claimed by you. Not even during heavy storm recently. Car park flooded or ponded ? Not all lah. Only a few car parks. Including mine. But that also depend on the direction of the wind when it rained. A few weeks ago a little bit of pounding at my car park which are at the edge of the building. But last week dry as usual even after heavy storm ( because wind blow from other side ). Bad luck lah my unit car park are at the edge. But others dry loor. If you don't think it is not a steal price please pass the agent number or the owner you mention to me. I myself is interested . Thank you

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Added on December 6, 2012, 10:16 pmAiiyooooo .... I am not sure how accurate is this info. If your friend really sold it for 365k. Then your friend really make a fool of himself Liao.

This post has been edited by cruger12345: Dec 6 2012, 10:16 PM

There is indeed serious flood at Midfields. Although I am not a resident, a friend who is renting at Midfields sent me some photos. The flood water is actually along the lower corridor at ground floor along the letterbox area and other low areas, quite bad actually, and around the vicinity of the main swimming pool. The swimming pool was closed several days due to maintenance as soil particles and mud flowed into it.

And as for your comment on the seller being a fool selling the unit at RM365k, that is between the seller and buyer. In other words, willing seller willing buyer. You would be surprised on the number of sales that recorded lower figures than "market" selling price as low profile sales are usually not announced publicly. Owners may just want to let go the unit to serious potential buyers to avoid the hassle of entertaining hordes of non-serious buyers, so they may settle at a lower than market price if deemed appropriate. Also, there are instances when the situation of the seller is left with no other choice but to release the unit for cash ie. pushed to the edge due to financial constraints, unable to cope with the loan payments etc. In this sense, the seller is not making a fool of himself but to get himself out of deeper trouble.

The low occupancy rate of Block A after obtaining CF for so long(earlier this year?) has indicated the low demand even though there may be owners throwing the price below RM400k. With the PR1MA project being announced yesterday, I expect the property scene especially the apartment/condo segment to be affected even more.

This post has been edited by ryder_78: Dec 7 2012, 08:04 AM

Agree. Area less prime or close to PR1MA are definitely affected. I wonder if developer, newly launch project will reduce their margin? Eager to see the selling price for the Gadang project around that area.

I don't want to argue with you about the flood. If you are referring to " The swimming pool was closed several days due to maintenance as soil particles and mud flowed into it. " That is due to the unfinished work at Block B which cause the mud slide into the swimming pool. it is a one off incident. As I told you before .. and I am telling you again I have never seen any flood even during major heavy storm ( not even at the ground floor along the letter box area ). I do't why you keep on insisting there is a flood ? If you are YTL Land ( the developer ) do you think you want to get your reputation tarnished because there is a flood at the condominium that you have built ? maybe the photo you have seen was 8 months ago before I moved in. If that is the case I have nothing to say. By the way, you are not staying there, don't you think you are insulting me by implying that I am lying that there is no flood. I heard about the flood in the much previous post in this forum. But that is not the case now.
About the case of seller selling at 365k, I have nothing to say if he is financially constraint. But if he is not, then don't you think the agent bring him to Ho Lan on his cases ? After all I am not sure it is true or not. What if I tell you my friend bought another unit at 480K .. would you believe it ? What do you mean by low profile sale ? If there is a low profile sale you won't know it in this forum.
Low occupancy ? A quick check with the management, there are now 162 register residence for Block A1 & A2. How about the ones who haven't register with the management ? Block B1, B2, 2nd Swimming pool and the park are open, the environment are not much better for stay. Will it attract more people ? Only time can tell. I do agree that condo/apartment would be over supply in the coming years especially in year 2014 & 2015 with so many supply come into the market. The right condo/apt at the right place would still command a premium. I think Midfields deserve a premium. How do you compare PR1MA with Midfields ? We don't even know where and what product would be launced under PR1MA ? Enough said if you have any good unit which is below 400k please let me know. You could disagree with me. But I would much appreciate that if you could give me the agent number/owner number who want to sell below 400k. If you disagree with me just give me the number and I will give them a call. If I could get a deal done, big dinner on me ok. Thanks...

Weekend collect key block b fully booked



This post has been edited by airline: Dec 7 2012, 01:12 PM

Re. the flood at Midfields. It appears that you are having problems differentiating between insulting and revealing the truth. Most of the flood photos in Midfields are taken in November, and on one particular day on 27.11.12, there is a serious flood in Midfields that was reflected in what I wrote above. All the photos are on my phone on Whatsapp, and I am currently looking at them. I can post some of the photos here if you wish but that wouldn't serve me any purpose or interest but leave some parties unhappy instead. There will surely be some residents in Midfields who have witnessed this flood I believe.

As for your rebuttals on Midfields should command a certain premium, I have no comment on that as we are going in circles. Perhaps you should just do your own homework and find out for yourself whether you can get a unit at Midfields below RM400k instead of asking people around here since not everyone is interested in this development.

Hmmmm if you insist there is flood then what can I say. I would like to know as well because I don't see it. I will appreciate very much if you can post the photo so I could launch a complaint to the management. I always did my homework my I just can't find any unit below 400k. If you have why don't you give it to me since you are not going to buy it. What do you have to loose by giving me the number ? I am staying here and I am happy with it.

Are you really sure the management will be able to resolve the flood issue even if you lodge a complaint? I don't think so. I am familiar with this particular area as well as Bandar Sri Permaisuri just adjacent to Midfields. Whenever there is heavy downpour/flash floods, some roads will be flooded up to ankle level. Midfields are not built on high land, and whenever there is heavy downpour, coupled by poor drainage, flood will occur at some areas.

I would rather not post the photos here just because of your request as I would need to take the interest of others here into consideration, owners and/or agents. You can just ask around those who are staying in Midfields, and I am sure some would have known about this flood issue or have taken some photos themselves and already lodged a complaint to the management.

This flood issue is not easy to overcome as you are not looking at a design flaw of the structure or infrastructure. It's more on the drainage system as a whole, the time taken to divert storm water from the small drains to the big drains. Buildings on low land coupled by poor drainage will evidently be affected, those on higher land will be spared. Do you know anything about the SMART tunnel? That is built as a flood mitigation as during flash floods, there is insufficient time for the water to be drained out. This flood issue is on a macro level, not as easy as you think.

If you want to complain, I would suggest that you complain on the drainage system in the elevated car parks. I noticed there isnt' any scupper drains around the perimeter of the car parks which is usually a norm in this structure. Some pools of water will be collected after heavy rain, though it will not be as serious since the water will eventually evaporate when the sun is out.

I am a civil engineer myself. I don't think that can't be solved if there is a flood ( which I still don't see it , and which you insisting it is.). I just call several agents but seems no one offer below 400k. Guess I don't have the luck to get the contact from you. By the way I would like to correct my statement about launching the complaint to the management. I would launch the comPlaint to the developer. If you could give me the photo ( if there is a flood ). It will be a big help.

to be honest i cant really remember who are those that called me up and offer me that price as so far until now,
i get not less than 3 calls per weeks from agents asking me whether i am still interested in MF.

seriously i can assume that you are that kind of person who are really used to be spoon fed.

when i first spotted MF, i did do a lot of homework, fill up my weekends to make appointments with not more than 5 agents every week,
although after sometime i might be more familiar with MF surrounding than those agents,
but most of the agents will not reveal the actual price and units they got until you meet up with them.
so i did turn up myself every times tho i can predict what will those agents going to tell me next.

i even sneaked into the management office to ask the staffs there whether got any owner is willing to let go his/her unit.

so is time to get your ass off from the chair to do something instead of keep asking give me number,give me number, i will treat you a meal.
gosh.

to be frank,if you need a fast deal, open up your cheque book, write down a figure of RM38,000,give it to the agents and tell them your max puchasing price is rm380,000.00 nett. i bet you can definitely get your desired unit.

as some of the speculators hard to resist the handsome profit they might gained when the transaction is successful.

Some block b unit cost rm300k , 320k also got
Where u going to find rm380k