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 Reed at lake fields, sungai besi

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humms
post Mar 29 2012, 10:14 AM

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QUOTE(UFO-ET @ Mar 29 2012, 02:57 AM)
Most knowledgeable one, macam mana, Ada gatal-gatal nak pigi ka?  brows.gif
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does anyone know what's the latest update for reed? the last i check from ytl staff they were saying it's launching by end of this month that is by this weekend and through balloting..
humms
post Mar 30 2012, 04:35 PM

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QUOTE(rongfu @ Mar 30 2012, 04:32 PM)
http://www.reed.com.my/ballot.asp
Registrants are invited to submit their Ballot Application Forms from 30 March to 4 April 2012.

8 April 2012
Ballot Draw
Time: 10.00 a.m. (Admission at 9.00 a.m.)
Venue: Mayang Sari Grand Ballroom, Lower Lobby 3,JW Marriott Hotel Kuala Lumpur,
               No. 183, Jalan Bukit Bintang, 55100 Kuala Lumpur
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and they may close the ballots early if they have received enough...

heard from the SA that upon drawing your number, you have 1 min to choose your desired unit once you're led into the sales gallery by batches..


Added on March 30, 2012, 4:38 pmand when i was there, there's this lady who actually submitted 3 applications with 3 different names.. RM150k (they accept banker's cheque only) considered cash...

malaysians are still fairly optimistic about the market.. or is it because of YTL?

This post has been edited by humms: Mar 30 2012, 04:38 PM
humms
post Mar 30 2012, 06:51 PM

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current meadows & glades asking RM850k.. transaction is at RM800 - RM840k for 1,500 sf land and 2500sf built up..

dale under construction: asking RM850k - 950k land size 1,600sf 2,600sf built up..

if you do the maths.. for reed at 1,920sf land and 3,200sf built up it's roughly RM1.1m - 1.2m for the intermediate units... so i believe anything below RM1.4m like what UFO-ET mentioned is good to go..
humms
post Apr 3 2012, 03:54 PM

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i was one of the first few to enter the ballot.. my number was 1003. that was on friday morning at 10am when they first open for balloting..

does that mean that it's only 300 + ballots ? or they have actually received more ballots even before the preview last friday? as far as i know i was the 3rd person submitted the ballot on friday morning therefore the number at 1003... anyone else submitted their ballots on last friday?
humms
post Apr 3 2012, 04:33 PM

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QUOTE(prop99 @ Apr 3 2012, 04:22 PM)
Will this ballot be more people than Temasya? Don't sound too many.
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not too sure how was the balloting process for Temasya was carried out..

but for reed, you must prepare RM50k banker's cheque, and only individual names can ballot. you cannot have multiple ballots under the same name, and upon successful balloting, you can't transfer the property to another name.. can only add more names to the purchase

and TG is freehold.. with bigger land size and built up.. that's their selling point i guess..

This post has been edited by humms: Apr 3 2012, 04:33 PM
humms
post Apr 3 2012, 04:43 PM

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QUOTE(puchongite @ Apr 3 2012, 04:36 PM)
That sounds like a better system than the I&P ones.

The I&P ones are so idiot, they make it so difficult for one to submit multiple entries and they know for sure, people will submit multiple entries. And if people are buying for ownselves, what's the problem with submitting mutiple entries as long as he/she has enough money for the bankdraft ?
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i think reed balloting is the same.. you can't use the same name for multiple ballots. when i was there, i saw some people entered 2 to 3 ballots using different names most likely wife/children names...

i think this is much better cuz i was also at the dale launch in 2010.. a lot of people took advantage of the sales system where some people bought multiple units up to 4 i think knowing that it's gonna be a sellout within 2 - 3 days.. then guess what? at the end of the day after 100% sold, these people let go their 3 other units (name transfer) at a profit of 5 - 20k each on the spot...

a lot of people missed out on dale and grove therefore YTL is adopting this balloting system..
humms
post Apr 3 2012, 05:15 PM

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QUOTE(hanif444 @ Apr 3 2012, 04:45 PM)
Guess what the next YTL project...
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the RRIM land in sg buloh / kota damansara, it was alienated to EPF.. i believe epf will invite YTL to be one of the JV partners there..
humms
post Apr 4 2012, 08:58 AM

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QUOTE(ace77 @ Apr 4 2012, 08:21 AM)
Ex-Mining land and beside Guangdong Cina cemetary ( the new phase facing the peaceful land).
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are you sure it's beside a cemetary? i thought reed is next to the sg besi army camp and the 5-storey walk up army quarters

okay after looking at google map.. i believe the cemetery is not exactly BESIDE to reed.. luckily! nonetheless the furthest eastern site boundary of reed adjoins the army camp i think..

This post has been edited by humms: Apr 4 2012, 09:00 AM
humms
post Apr 4 2012, 09:51 AM

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QUOTE(airline @ Apr 4 2012, 09:20 AM)
is that existing or new cementary?
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It's an existing cemetery..Attached Image
humms
post Apr 4 2012, 09:57 AM

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QUOTE(cheahcw2003 @ Apr 4 2012, 09:38 AM)
Existing. The cementary is Next to army camp. In term of fengshui, next to army camp or cementary both not good.
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as long as the unit itself is not directly next to the camp or other negative features (feng shui in terms of next to hospital, police station and some other armed or institutional agencies are actually no good) i think it's ok..

as long as the package is right, with good concept and who is the one developing it and also pricing..

about leasehold freehold thing, if the whole of sg besi consists mostly freehold and suddenly this lake fields is leasehold of course it's a no go.. but what happens when the surrounding area all mostly leasehold.. u're left without much choices with that kind of development..

just like in KLCC.. you know that area is mostly freehold.. and a few parcels are leasehold.. of course buyers / investors will put the freehold developments as first choice.. unless the leasehold location is really damn good..

just my humble opinion..
humms
post Apr 4 2012, 03:50 PM

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QUOTE(twins9 @ Apr 4 2012, 03:34 PM)
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.
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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?
humms
post Apr 5 2012, 05:25 PM

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QUOTE(prop99 @ Apr 5 2012, 05:08 PM)
Is this overwhelming?
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don't think so.. i think temasya glenmarie had more ballots entered??
humms
post Apr 6 2012, 08:52 AM

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if say total ballots about 700, available units for the balloting say around 200, each person who entered 1 ballot has about 28.6% of chance of being balloted ....

correct me if i'm wrong ..
humms
post Apr 6 2012, 09:10 AM

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QUOTE(greeny88 @ Apr 6 2012, 08:56 AM)
You can say like that...because the lake is actually 'outside' of the guarded area, so you need to walk out of Reed then only go to the lake.

But alongside the lake, YTL will build the walkway for the resident to stroll around.
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i don't mind if it's fenced up but with a walkway.. foresee a lot of kids will be playing around at the water edge and it'll be quite dangerous if without adult supervision... especially for homes with direct frontage on the lake
humms
post Apr 6 2012, 11:07 AM

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QUOTE(wanfongc @ Apr 6 2012, 10:58 AM)
No vvip session on saturaday.. Staff choose today.. Day off sat, ballot sunday.... Good luck everyone...
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do you know what is the exact units allocated to staffs?
humms
post Apr 8 2012, 11:05 PM

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QUOTE(spydermind @ Apr 8 2012, 10:59 PM)
I miss this ballot....so, trying to get some clarity here. Are the following provided before you enter the so-called 1 minute decision making time?

1. All layout plan of all houses
brochure provided when enter ballot hall
2. Specification (Material)
in the brochure
3. Is the pricing posted in this forum available at waiting area or only when you are selected to make the choice.
only when you're successful in the draw, you're led into a room where the price is available on the board. wait for about 5 mins there before being called into another room to choose your unit..
4. Is the master plan and overall layout of the the entire REED  available (unit, type, orientation, etc)
already available online at website since 30th april
5. Is this 99 years or less than that as of today? Btw, has the previous project being extended fully to 99 years.
less than 99 years cuz the whole of lake fields sit on 3 pieces of titles (3 pieces of lands with total land area of 3xx acres).. individual titles not out yet.

Reading through this thread, seriously for whatever reason, I dont think anyone working for YTL (or appointed by YTL) should react rudely....customer always right.....

Someone mentioned that the ballot number already out early in the morning. Is that mean that only those balloted will be staying ? So in that case, the ballot time is not carry out concurrently..

Well, got to admit the price for end lot is pretty good.
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the ballot draw was carried out live by ernst & young in front of everyone and in batches of 30 draws...
humms
post Apr 9 2012, 12:27 PM

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QUOTE(cheahcw2003 @ Apr 9 2012, 11:23 AM)
Be it investor or own stayer, all are given 1 minute to make decision.
This doesn't means that investor can make faster decision, they are forced to do so.
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a lot of existing LF residents were there during the balloting..

my row itself i know at least 3 neighbours got it..

and like what other members say, a lot of families with kids were there indicating that a lot of upgraders from surrounding area like sri petaling, kuchai, desa petaling, and also LF itself..

so i believe there are a lot more own stayers than investors..

and about the 1 min thing.. when we enter the ballot last week, SA already told us to really study the site plan and units orientation / facing and make a list of 1st choice, 2nd choice, 3rd choice units... just in case we're really successful.. so that we know what to get..

and i believe most of the successful ones already know what they want save for a few aunties.. lol really made a fuss la.. can't blame the SA in there dealing with so many feeble minded people..

This post has been edited by humms: Apr 9 2012, 12:29 PM
humms
post Apr 9 2012, 02:42 PM

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QUOTE(cheahcw2003 @ Apr 9 2012, 12:47 PM)
yeah, agree. The balloting starts from 10am till 3pm still cannot finish, and those balloted are given 1-2mins to choose. Imagize if each number is given 15 -20 mins to make decision and allowed to change after making the decision, it will mess things up and till midnight also cannot finish.
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yeah the reason why 1 to 2 min cuz they follow the queue and sequence.. means if you're no. 10th to be balloted, the 11th person can't pick before you pick yours and so on..

lucky for me i actually picked the unit where the person after me wanted. after i pick it he came to me and say "aiya i wanted that!" lol
humms
post Apr 9 2012, 04:54 PM

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the actual selling price is already lower from the earlier indicative price during ballot application last week.. i think easily 3 - 5% lower..
you mean your friend who is one of the first 30 batch didn't even have a look at end / corner units pricing and just directly go and book an intermediate?

i still remember the staff told me last week intermediate starts RM1mil.. end lot / corner lot at average 1.6mil..

when i went in and saw end lots selling at RM1.22 onwards.. of course get end lot la.,,
humms
post Apr 9 2012, 09:38 PM

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QUOTE(cheahcw2003 @ Apr 9 2012, 09:01 PM)
Off peak hours from lake field to bukit bintang area only take 10mins. All the way highway and no toll.
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do get the occasional heavy jam when SMART is closed or there's accident up at kl-seremban highway. overall BESRAYA is flowing traffic.. and LF is connected to BESRAYA, mrr2, kl-seremban highway, MEX, Kesas, connaught highway..

12km to bkt bintang, 14km to klcc..

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