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 Midfields by YTL, Anyone know?

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ryder_78
post Aug 27 2012, 04:38 PM

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QUOTE(tikaram @ Aug 27 2012, 04:26 PM)
Why Midfield price different so much

in Iproperty someone offer 350k and another offer 450k.

Both units are size. ( not very sure facing which diection)

The 350k is very cheap leah. 330psf only,
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The 350k is a gimmick. Try calling the agent and you'd be informed of a new higher price.
ryder_78
post Aug 31 2012, 10:54 AM

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Anyone who wants to let go units at Block A2 facing swimming pool floors 6 to 10 please drop me a PM.
ryder_78
post Sep 5 2012, 09:12 PM

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QUOTE(gucci lee @ Sep 5 2012, 03:29 PM)
I dunno what's d fuss about- U all think those who bought it dapat GOLD kaa? Been renting here for 3 months n it sucks... Every time it rains all areas will be flooded especially parking area, lift area,  walk ways n etc. Plumbing n water drainage of the unit also give me problems. All shabby works... Thank God I No Buy...!!!
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Any tenants or residents currently living in Midfields can confirm on this? Can someone snap some pictures of the flooded parking area, lift area and walkways during heavy rain? Does that mean large pools of water collected at certain areas are restricting movement? It may be normal for some low areas at parking or walk ways with poor drainage to collect some water during heavy rain, but lift area? I thought the lift area at the ground floor is quite high and located in the building? Or the comment above applies to lift areas at every floors above when the rain splashes through the open windows into the lift floor area?

What sort of plumbing and water draining problems are we talking about? Care to clarify?
ryder_78
post Sep 6 2012, 07:15 AM

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Anyone?
ryder_78
post Sep 6 2012, 03:06 PM

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QUOTE(Limamila @ Sep 6 2012, 02:27 PM)
slow down bro..i encountered the flooding few months ago at the lift lobby area, not all the floors. also, not really flood like 0.3m high, it is more like becak with water. Imagine u come down from the lift and the moment you step out are the wetness on the floor...lobby area suppose to be dry and clean. my friend never mention about flooded parking area though..
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Thanks for the information. When you mention lift lobby area, I presume it's only at the ground floor? The lift lobby at the ground floor is several steps higher than the walkway and there is a glass panel that separates the lift lobby from the walkway where entrance through the glass panel is via access card which tenants/residents hold. I cannot imagine how rain water can actually get into this area, the floor just in front of the lift area which is within the building and enclosed by the glass panel. If this phenomena is proven to be true, then it is really quite serious and needs to be rectified.

Am I missing something here?
ryder_78
post Sep 6 2012, 05:11 PM

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Thanks again for the clarification. Difficult to imagine without seeing the thing on site. If rain water can find its way into the lift lobby area into the glass panel, personally I think it doesn't reflect too well and is a design flaw. The lift lobby area that is enclosed by the glass panel can be considered as indoor already that is inside the building. It is supposed to be completely dry during heavy rain, in my opinion. When one exits the lift lobby through the glass door, the floor is still at high level as there are two to three steps down onto the walkway. Outside this glass door or glass wall panel, this area can be wet since it is not entirely covered.

The management should look into this aspect and make sure that rain water will not get into the lift lobby that is enclosed by the glass wall panel during a thunder storm.
ryder_78
post Sep 12 2012, 05:59 PM

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It may be worthwhile to (at least) wait for the budget announcement on the 28th of this month before making the plunge.
ryder_78
post Sep 16 2012, 12:03 PM

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QUOTE(ts1 @ Sep 13 2012, 08:36 AM)
budget will be end of sept, i dun think budget would hv much impact on property esp on completed unit and that kind of price range..

420k for 1074sq feet, try call, they can advertise but when u call, the unit no more.. ..ask i said b4 many times, my fren sold close to 470k pool view
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As for budget, it is everyone's guess whether it would have any sort of impact. Still, I would think it's wise to wait until the announcement which is less than 2 weeks from now.

Your friend may be lucky to have sold the unit close to RM470k. Perhaps a buyer who really likes the unit and does not mind paying for the price. In my view, the appreciation of Midfield units is too high. In a span of just 1 to 2 years, the selling price has appreciated by more than RM200k. From my understanding the launching price of Midfields is about RM230k(RM215/sqft).

It is tactics used by most agents or speculators these days in putting up a low price. Several listings on iProperty from RM350k onwards. In reality, there may still be handful of units available. It is only that potential buyers are unwilling to commit at the advertised price.

Despite the high inflated price of Midfields, this place is still in my consideration list but not the top choice. There is another new development in Ampang that is about to be launched soon with a selling price of RM330/sqft. Most likely will consider this over Midfields although location-wise I still *slightly* prefer Midfields. If I do end up with the Ampang development, at least I have the consolation that I am not paying for overpriced property whereby prices are being pushed/dictated by agents.

In the upcoming budget announcement, in an attempt to overcome increasing property prices(apart from building more low-cost homes for the lower-income group which have attracted some heavy debate with pros and cons of unoccupied units), the goverment may impose certain conditions in preventing speculators/investors from driving up prices of property, the current scenario for the past few years. Not too sure how the government can achieve that without upsetting certain groups especially those who are just looking to make a profit in the property sector. Because of these group of people, most genuine home buyers in the younger generation looking to own their (first) homes could not afford one unless they are tied up with long period of payments or some form of monetary aid from family members is available.

This post has been edited by ryder_78: Sep 16 2012, 12:35 PM
ryder_78
post Oct 22 2012, 09:37 AM

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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.

ryder_78
post Dec 7 2012, 08:04 AM

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QUOTE(cruger12345 @ Dec 6 2012, 10:10 PM)
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


Added on December 6, 2012, 10:16 pm
Aiiyooooo .... 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.
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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
ryder_78
post Dec 7 2012, 01:11 PM

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QUOTE(cruger12345 @ Dec 7 2012, 11:29 AM)
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...
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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.
ryder_78
post Dec 7 2012, 01:42 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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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.



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