coz they don't know what to do with their extra money..

Hahahaha funny la Hazwan

Another studio unit fall to below 400k now.

A-40-13A, The Elements, Jalan Bemban
Reserve price 🔥🔥RM396,000🔥🔥
Type A (Studio unit)
Ampang view. Unblock view. (only KLCC view block by Arte+ now)
Freehold
Auction: 29-Oct-2018 (Mon)

Layout:

B-35-13 drop price 5% and sold at 710.55k. Single bidder only. 1572 sqft unit size.
Congrats to the new owner.

No taker. Further drop in price as below:


A-40-13A, The Elements, Jalan Bemban
Reserve price 🔥🔥RM357,000🔥🔥
Type A (Studio unit)
Ampang view. Unblock view. (only KLCC view block by Arte+ now)
Freehold
Auction: 29 / 11 /2018


Layout:

Bank Auction : No. B-35-1, The Elements, Jln Bemban Ampang, Off Jln Ampang, 55000, K.L.
**Type: Service Apartment, Japanese Owner
**Layout : 3 +1 Bedrooms, 3 bathroom, 2 Car Park
**Tenure : FREEHOLD
**Auction Price : 🔥RM 709,590🔥
**Official Bank Value : RM 1,288,000
**Size : 1,572 sqft
**Auction Date : 20/12/2018





This post has been edited by Lelong King Jeff Low: Dec 5 2018, 08:56 AM

Wow. Unbelievable. No taker at 357k.
Rental market at 1800 to 2000++ depending on your furnishing.
Now cheaper than ever pricing as below:

A-40-13A, The Elements, Jalan Bemban
Reserve price 🔥🔥RM322,000🔥🔥
Type A (Studio unit)
Ampang view. Unblock view. (only KLCC view block by Arte+ now)
Freehold
Auction: 28 Dec 18




This post has been edited by AskarPerang: Dec 9 2018, 02:26 PM

Why no one likes this condo even if it is cheap?

Current rental doesn't mean could rent out easily. With more supply in the area mean rental is expected to drop.

This post has been edited by icemanfx: Dec 9 2018, 02:46 PM

That answers my question..props now grown like mushroom after rain..

Just notice the thread title. Launch from 430k in 2010.
Now lelong unit at 100k below launch price.
And is at very high floor unit.

even if it drops to another RM10k, I doubt there is any taker due to high volume of supply there.

Never ending lelong units at M City and The elements.
2 years plus after completion, many still struggling here.
Needless to say, rental at cheap price, selling also need to dispose at a "cut loss" pricing.

From M City, all active lelong units in the market now:
1. 3-11-21, 678 sqft
2. 3-28-03, 533 sqft
3. 2-13A-02, 532 sqft
4. 3-27-16, 977 sqft
5. 1-15-21, 911 sqft
6. 2-29-18, 1018 sqft


From The Elements, all active lelong units in the market now:
1. A-40-13A, 517 sqft
2. A-38-01, 1572 sqft
3. B-23A-02, 947 sqft
4. B-35-01, 1572 sqft
5. B-38-13, 1571 sqft


From 3 Tower, left with 1 active lelong units:
1. T3-15-12, 861 sqft

This unit finally sold today at reserved price after 11 rounds no bidder.



This post has been edited by Lelong King Jeff Low: Dec 20 2018, 08:33 PM

Unexpected. No bidder again even at such a cheap pricing.
Got dead body in the house?

Anyway, new cheaper pricing as below:

A-40-13A, The Elements, Jalan Bemban
Reserve price 🔥🔥RM290,000🔥🔥
Type A (Studio unit)
Ampang view. Unblock view. (only KLCC view block by Arte+ now)
Freehold
Auction: 29 Jan 19 (Tue)

Empty unit?

Cheap biggest size unit drop to below 700k.

B-35-13, The Elements
Reserve price 🔥RM 662,000 🔥
Freehold
1572sqft, Corner unit, 2 car park slots
Facing KLCC (view not sure will be block by Arte+ or not)
Auction: Feb 19
*Non bumi lot
*Unit currently occupy by tenant

Thanks. This unit was auctioned last year, no sure why relist again.

Can you share further/updates all the Elements units on auction please?

This post has been edited by McPeePee: Feb 9 2019, 05:59 PM

Many reasons, unable to get loan... job security so sideline watching instead of going in... need upfront cash...

Water pipe leaked from one floor in Elements, it was repaired since, not those long term large scale structural problem.

This condo was overcooked when launched 3+ years ago at very high price. A lot of weak hands entered, many foreigners now retreated back home base countries. The lelong units are mostly foreigners and speculators.

Some truth about why some people don't like Elements is because lots of Arabs. Another is Arte blocked off Tower A view substantially. So far only corner units of both A/B still have some views. The worst are Tower B facing Arte side.