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 Midfields by YTL, Anyone know?

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post Sep 30 2011, 03:20 AM

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QUOTE(airline @ Sep 9 2011, 11:41 AM)
Block b and c. When estimate complete?
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Contractors' comment:

Block B: 4-6 months
Block C: 6-9 months
Shop area: more than 1- 1.5 year

till they fit for handover. Thus, have to be patient for the whole development to be completed.

Surrounding areas' condo pricing within 3km perimeter is averaging RM 310 psf, so you can see Midfields is absolutely priced at a premium, about 30% more than others. Among all of the other factors, I would say the upward pressure is mainly driven by profit capturing, limited supply & YTL branded. Only about 10~15% of Tower A owners are looking to sell their units while around 13% is looking to rent, remaining are own occupy. Almost 95% of owners are chinese.

Frankly speaking, it is a better option for home than investment/tenancy at current pricing. Currently, it worth RM 426.00 / sqft at maximum pricing which recognized by banks' valuers.

This post has been edited by home_save: Sep 30 2011, 03:57 AM

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