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.
you are definitely right,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.
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.
Dec 6 2012, 02:03 PM

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