Agreed with you. Spot on!!
Side track a little bit. I believe the Chinese Cemetary shd be freehold right? other wise if leasehold expired, the family need to dig out the body from the grave yard, and return the land to the authority????

Simple....leasehold should be cheaper.....if you think 1.1-1.2mil is right price for this project with leasehold, which means you will also agree that if it is freehold , it should be priced at 1.25-1.4 (roughly)

Unless if you think this project only worth 1.0 mil , then it is a totally different story.

nowadays, it doesnt really matter that much.....and in practical hard to find side by side project offering exactly the same thing but onyl different in title. Also it also depend the acquisition price....some leasehold land price in down town is 2-3 times more than freehold land price at other location....not easy...

if like and can afford...just buy loh...

its true lah - nowadays leasehold vs freehold not so much of concern esp for property in city area. also for lake fields at least can benchmark against the earlier phases sold and see appreciation value. No other landed property in sg besi as well, so i think all good lah.

i just went and kay poh-ed at starhill just now, looks like the crowd is more than yesterday...number also jump to 16xx

asked SA abt the price again...looks like ytl is going to start pricce at 960k! even better wei fingers AND toes crossed....

Shxt.. 1600.fierce competition

I have been following on the Lake Fields project and maintenance for a few years. It seems that the earlier completed projects are handed over to DBKL but the maintenance, grass cutting, rubbish collection, street lights, etc have not been satisfactory. It seems that Lake Edge is better managed than LF.

that's the problem with the 1st phase of terrace homes called Meadows & Glades.. during the sales, ytl marketed it as G&G to the buyers. then the buyers realize upon VP that it's not, it's just like normal terrace houses with individual titles to be issued, and all roads and public spaces surrendered back to the government, in other words, DBKL will handle the maintenance, upkeep, etc. yes they're bad at maintaining the public parks, the lightings etc..

the RA is established and applied and made a lot of complains to YTL and requested YTL to keep the promise to convert it into G&G but then as usual, they're not able to convert it to full G&G. then the RA manage to apply to dbkl to have it at least GUARDED community.. and ytl agreed to bear the cost of the guardhouse.. RA bear the cost of boom gates.. LOL. it's good that the RA is very active and have full participation and support of the residents in meadows & glades..

in the end the fees the owners are paying there now is only for the security..

not sure if lake edge is a true G&G development.. till now have they receive their individual titles yet?

This latest REED, is it advertised as full g&g or just guarded? The whole Lake Fields has no facilities, I dont think REED has any too. Just houses like normal housing estate.

But u need to pay the maintenance for security, maintenance for street lighting, road damage , painting on fence wall, grass cutting. Don know how much the maintenance?

Around RM300pm 4 intermediate unit.

Rm300 pm quite average...Lake Edge terrace are Rm300 and semi d are Rm450

The formula is land area x 17 cents.

my friend just went this aftn, got 1700+ meaning only about 700+ applied for ballot. so our chances are 50:50 :-) but if they open Saturday to VVIP and staffs and sell 50 0r 100 units then chances become 30:70. if entry level 960 for intermediate i guess ok but this one no high volume ceiling lor. Maintenance is 17sen, i.e. myr300 each intermediate

let's hope for the best
and goodluck to all that going for this ballot
maybe one day we can be neighbor
cheers

Loong

You can't compare le n of as le has full clubhouse, courts and generally nicer landscaping n more elite than lf .
M

Is this confirmed Strata Title? Or it is Individual Title?

If 300 for security n garden maintenance, then not cheap as the land is not as big as jade hills.

What is the closing number

ard 4pm is 1680...shuld be below 1700

heard they said hours extended to 8pm

Not extended.. Left at 6pm there, submission closed.. Around 700 form submitted.. Good luck..