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 Midfields by YTL, Anyone know?

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jumbogem
post Dec 6 2012, 02:03 PM

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QUOTE(Dwango @ Nov 2 2012, 09:53 AM)
Faster grab? Grabbing properties is not the same as grabbing newspapers. Anyway I agree that shoplots will create more value to the community but in terms of living comfort, usually people who want privacy and quietness would not want their units to near to shoplots. From what I know some of the units in Midfields are facing the back of the shoplot, an eyesore sight especially those living at the lower floors ie. ground floor to 6th floor.

Quite many units in Block A still unoccupied after handover for so long, which is quite a surprise. Don't know how will owners or speculators who bought units at Block B and C will cope. Personally 450k is too high for Midfields. Should be around RM400k or lower, but if speculators don't have the financial capacity to hold the units then we might see a lower price further down the road. Having that said, the shoplots may help a bit in terms of appreciation but not by much, considering the selling price of Midfields is inflated.
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you are definitely right,
the price can be simply stated by the agent or the owner as they wish,some even ridiculously offered 520k for the smallest unit with nirvana view .
and is depending on the owner's holding power and also the buyer's buying power as well.

if the owner can hold for long, perhaps they are able to wait for another 1 or 2 years.
but i believe there are quite a number of speculators around just like some forumers mentioned before, Block A has been handed over for quite sometimes but the occupied rate not more than 1/3.
they might be coming out the ideas of renting out those units if the owner unable to sell them,
but there are almost 300 units to be rented out, so is competitive too.

some agents will comes out with sort of gimmicks saying that after taking CF price will increases or after shop lots finished price will increases.
is it really so?we don't know.

we just know, if the owner does not have a holding power, he will even let his unit off even the selling price lower than his purchasing price.

just like what i encountered recently.
an owner insisting to sell his unit at 470k with pool view but one parking 6 months before.
after half a year later, he called me up personally asking 400k nego.
and my phone is blasted with agents calling me up to purchase Midfields
the price they offered are actually much lower than what they offered me 2 months before, to be exact some of them are 30-40k lower with better location and some with 2 car parks.

so taking CF might can be a bad day for most of the speculators.
as the price is stagnant and there will be hell lots of new launch condos offering tempting packages, such as DIBS, free spa and so on.
if you are not eagerly to get an unit to stays, is not encouraged you to buy subsale.

year 2013 will be definitely a bad year for everyone.

jumbogem
post Dec 6 2012, 05:41 PM

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QUOTE(cruger12345 @ Dec 6 2012, 02:33 PM)
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.
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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.


jumbogem
post Dec 7 2012, 02:28 PM

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QUOTE(cruger12345 @ Dec 7 2012, 01:26 PM)
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.
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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. doh.gif

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.




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