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 Reed at lake fields, sungai besi

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cheahcw2003
post May 26 2013, 12:54 PM

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QUOTE(Martinis @ May 25 2013, 11:39 PM)
Those transactions could be manipulations by vested parties. Are they really worth that much?
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Property transaction unlike stocks, has a centralised trading room where price are solely traded in open auction basis, both purchasers/sellers hv the transparency to view the price in live!
Property is illiquid, most often bundle with emotional factors, willing buyer willing seller, especially for Reed, each units are different in price if u look at developer's original price list.
yiwee
post May 26 2013, 01:21 PM

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I have a friend who wants to sell his reed.
Facing lake.

If price is right he will let go or else just wait till complete before he sells.

Bank just release first 10% of loan... Ie construction reached 20% stage.

Don't forget my comm!!
cheahcw2003
post May 26 2013, 01:35 PM

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QUOTE(yiwee @ May 26 2013, 01:21 PM)
Don't forget my comm!!
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U mentioned about commission but not the price?
Without price how to get commission? LOL
SUSworgen
post May 26 2013, 01:38 PM

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QUOTE(yiwee @ May 26 2013, 01:21 PM)
I have a friend who wants to sell his reed.
Facing lake.

If price is right he will let go or else just wait till complete before he sells.

Bank just release first 10% of loan... Ie construction reached 20% stage.

Don't forget my comm!!
*
What is the asking price?
cheahcw2003
post May 26 2013, 01:40 PM

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QUOTE(yiwee @ May 26 2013, 01:21 PM)
Don't forget my comm!!
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Talking about commission, usually sellers pay the middle man or agent right?
humms
post May 26 2013, 06:20 PM

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yes correct, agency fees paid by sellers..
humms
post May 26 2013, 07:01 PM

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QUOTE(Martinis @ May 25 2013, 11:39 PM)
Those transactions could be manipulations by vested parties. Are they really worth that much?
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there was a lot of disappointed purchasers during the ballot day.. a lot of serious buyers couldn't get a unit despite putting in multiple ballots.. on that day itself some even went into separate conditional purchase (YTL didn't allow change of names) with those who manage to get multiple units.

i believe there are still a lot of serious buyers for reed in the secondary market given that pricing is right for them.
property guru
post Jun 7 2013, 08:12 AM

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I have friends unit willing to sell at attractive price, pm me if interested.
TSairline
post Jun 8 2013, 10:44 AM

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How much
joeyap.ky
post Jul 8 2013, 11:55 PM

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QUOTE(acupoflemon @ May 25 2013, 02:07 PM)
To all serious buyers out there (esp. for own stay), do think twice and watch out for the workmanship. Seems pretty poor. Dale is pretty new and there are already cracks on the walls.

Wiring in the houses are messed up, we have air-conds installed but all can't function due to wiring issue. You get only hot air. With the current weather, it's really bad. Complaints to management so far seem to have fallen to deaf ears.

Telcos lines are functioning poorly/unstable as well. Having issues with broadband stability, Streamyx and Unifi have not reached the area (but already available at Meadows / Trillium area) as too few people staying here. Apparently each unit should be getting a YES 4G (unsure of details, waiting at the moment).

Various junctions around here and at the Trillium are actually pretty dangerous. Sharp or dangerous turnings at various points, with drivers shooting out straight without looking. I think this is ultimately attributable to the way roads were designed.

All in all, the property looks good, with a big name (developer).
Beautiful on the outside, as for the "inside"...
practically not done well. You can't really say it's a comfortable place to live in for now.
And given the value of the property,  doh.gif .
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Very much agree indeed... the workmanship in Dale is extremely disappointed. The rectification follow-up is another daunting process in order to deal with those who sit in the site office. The material provided (such as main wooden door) in Dale is not as per the SPA, despite numerous of complaints and letter to the headquarters, the respond is... WIP..

Well all in, it is a deceived experience by the BIG name of the developer in Dale episode. Albeit it doesn't mean will be a replicate experience for REED or Glove though. But think twice, if one do afford a >RM1.3mil house for own stay, honestly why should he risk the hard earn money with these uncertainty? It is so matter to become a 'LakeFielder'? After all, there are still plenty of good choices out there at this price range.
TSairline
post Jul 9 2013, 02:14 AM

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Hmm.. And ppl so keen on fennel despite high pricing
humms
post Jul 9 2013, 09:53 AM

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QUOTE(joeyap.ky @ Jul 8 2013, 11:55 PM)
Very much agree indeed... the workmanship in Dale is extremely disappointed. The rectification follow-up is another daunting process in order to deal with those who sit in the site office. The material provided (such as main wooden door) in Dale is not as per the SPA, despite numerous of complaints and letter to the headquarters, the respond is... WIP..

Well all in, it is a deceived experience by the BIG name of the developer in Dale episode. Albeit it doesn't mean will be a replicate experience for REED or Glove though. But think twice, if one do afford a >RM1.3mil house for own stay, honestly why should he risk the hard earn money with these uncertainty? It is so matter to become a 'LakeFielder'? After all, there are still plenty of good choices out there at this price range.
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well, when YTL launched Dale in 2010, it was slightly cheaper than then the subsale prices of meadows & glades. cheapest you could get in Dale was RM619k & RM669k and the highest was RM719k for intermediate units. during the same time, meadows & glades already transacting at RM675k.

it's like YTL just want to let the buyers profit.

for ownstayers, despite going through all defects etc, be happy that your Dale property already transacting at RM950 - RM1.1m
SUStikaram
post Jul 9 2013, 09:55 AM

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QUOTE(humms @ Jul 9 2013, 10:53 AM)
well, when YTL launched Dale in 2010, it was slightly cheaper than then the subsale prices of meadows & glades. cheapest you could get in Dale was RM619k & RM669k and the highest was RM719k for intermediate units. during the same time, meadows & glades already transacting at RM675k.

it's like YTL just want to let the buyers profit.

for ownstayers, despite going through all defects etc, be happy that your Dale property already transacting at RM950 - RM1.1m
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u are going to suprise ytl staff like me can get much more cheaper during that time...and have the privilage to get the best unit.

humms
post Jul 9 2013, 10:22 AM

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QUOTE(tikaram @ Jul 9 2013, 09:55 AM)
u are going to suprise ytl staff like me can get much more cheaper during that time...and have the privilage to get the best unit.
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mind sharing with us what's the YTL staff price for the units facing the so called river / monsoon drain?? lol Jalan tasik 7 if not mistaken

This post has been edited by humms: Jul 9 2013, 10:22 AM
joeyap.ky
post Jul 9 2013, 12:19 PM

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QUOTE(humms @ Jul 9 2013, 09:53 AM)
well, when YTL launched Dale in 2010, it was slightly cheaper than then the subsale prices of meadows & glades. cheapest you could get in Dale was RM619k & RM669k and the highest was RM719k for intermediate units. during the same time, meadows & glades already transacting at RM675k.

it's like YTL just want to let the buyers profit.

for ownstayers, despite going through all defects etc, be happy that your Dale property already transacting at RM950 - RM1.1m
*
Yes indeed, happy enough for the property appreciation due to the overall bullish market in the past 4 years driven by macro factor. I suppose it is the same 'happiness' for all property buyers in Klang Valley around tht time and prior to that, mostly enjoy the paper profit smile.gif Lakefields is indeed appealing for its strategic location and renowned developer fame, no doubt, but giving the potential asking price for REED in the secondary market, do ponder again the uncertainties involved for the unknown quality due to past experience.
cheahcw2003
post Jul 9 2013, 01:38 PM

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conclusion for the 2 school of thoughts.
Flippers/ Investors are happy with the capital gain
Own stayers are not happy with the delivered quality.

Hopefully Reed and Grove, as the selling prices are higher than earlier phase which is non gng, YTL can deliver better quality.
xyyap
post Jul 9 2013, 09:06 PM

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QUOTE(joeyap.ky @ Jul 8 2013, 11:55 PM)
Very much agree indeed... the workmanship in Dale is extremely disappointed. The rectification follow-up is another daunting process in order to deal with those who sit in the site office. The material provided (such as main wooden door) in Dale is not as per the SPA, despite numerous of complaints and letter to the headquarters, the respond is... WIP..

Well all in, it is a deceived experience by the BIG name of the developer in Dale episode. Albeit it doesn't mean will be a replicate experience for REED or Glove though. But think twice, if one do afford a >RM1.3mil house for own stay, honestly why should he risk the hard earn money with these uncertainty? It is so matter to become a 'LakeFielder'? After all, there are still plenty of good choices out there at this price range.
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ytl like that one har?

xyyap
post Jul 9 2013, 09:07 PM

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QUOTE(airline @ Jul 9 2013, 02:14 AM)
Hmm.. And ppl so keen on fennel despite high pricing
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The Fennel thread is goreng thread loh.

Shouting RM 800+ psf to RM 900+ psf. LOL.

MrHunter
post Jul 9 2013, 09:52 PM

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QUOTE(xyyap @ Jul 9 2013, 10:07 PM)
The Fennel thread is goreng thread loh.

Shouting RM 800+ psf to RM 900+ psf. LOL.
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If one know the mkt well and ytl well, then he ll know it is impossible. Ytl normall price at or slightly lower mkt price. Sentul no way near 800psf yet. It is very dangerous to use non comparable items for relative comparison...by using high pricing of verve etc as benchmark to say 700 or 800psf is worth it in sentul is a dangerous thinking. Msian must be more rational to buy prop...not just bbb especially after attending seminars by so called guru.
xyyap
post Jul 9 2013, 10:58 PM

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QUOTE(MrHunter @ Jul 9 2013, 09:52 PM)
If one know the mkt well and ytl well, then he ll know it is impossible. Ytl normall price at or slightly lower mkt price. Sentul no way near 800psf yet. It is very dangerous to use non comparable items for relative comparison...by using high pricing of verve etc as benchmark to say 700 or 800psf is worth it in sentul is a dangerous thinking. Msian must be more rational to buy prop...not just bbb especially after attending seminars by so called guru.
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Yup.

kiara east @ jalan ipoh sama sama.


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