2 more biggest size lelong unit available at below 700k.
More than 3 years after VP, lelong units still never ending here.

B-11-1, 11th Floor, Block B, The Elements@ Ampang, Jalan Bemban, Off Jalan Ampang
Reserve price 🔥RM 631,800 🔥
Freehold
1572sqft, Corner unit
Facing towards KLCC
2 car park (but tandem arrangement)
Auction: 24 Jun 2019 (Monday)
*Foreign owner (China)

A-29-15, 29th Floor, Block A, The Elements@ Ampang, Jalan Bemban
Reserve price 🔥RM 648,000 🔥
Freehold
1572sqft, Corner unit
Facing ampang (unblock view)
2 car park (but tandem arrangement)
Auction: 24 Jun 2019 (Monday)
*Foreign owner (China)

Guess these Chinese owners/borrowers couldn't send out money for loan repayment.

How many units lelong in the market now in total

3 units. All the biggest size unit. All below 700k. Previous page got the other unit. Japanese owner.
Then the 2 owners from China (both different owner but loan from the same bank).

Looking back at the sales chart back in year 2012. The biggest unit S&P price from 1.2M++.
KLCC facing unit (same floor unit) more expensive by 93k!!! Now ended up block without any view.



Add in from Arte plus, M City, 3 Towers. Lelong frenzy area this Jalan Ampang. KL address. Only 5km to KLCC.

This post has been edited by AskarPerang: May 26 2019, 09:59 PM

Almost 50% depreciation. Can't wait for msia property fansi to come n say Malaysia property is very cheap for overseas investors. I always say no use if cheap if you end up losing moolah.

how much subsale going for now? lower than developers price? almost get caught witb this prop also back in 2012. paid booking but cancelled it after thorough thinking and risk assessment. burnt 300rm for forfeiting the booking.

4 bidders just now.
Sold at 780k.

OMG!!! Buyer market is still very strong.
Not a good catch. Higher than last month reserve price. Why last month 740k nobody interested?

bank happy lor!!!!

when things get really cheap......no money also will suddenly have money to come buy.

This post has been edited by dinox: May 27 2019, 04:22 PM

Sifu how to buy this lelong unit? If below 500k I’m really interested!!! Hahaha

Both units got 2 registered bidders.
B-11-1 sold at 636k
A-29-15 sold at 652k
Very good catch.

Refer to this post here: https://forum.lowyat.net/index.php?showtopi...post&p=92805900
Last month got a same size unit sold at 780k. Seriously crazy.

Hi, ya , good price, but only thing why above 500K unit also no side by side parking !
tandem arrangement is very very mafan !?

unless both front & back also can masuk keluar !

I can offer a nice parking lot at airy L1 at a very good monthly rental fee, let me know if interested.

This post has been edited by McPeePee: Jul 24 2019, 08:45 PM

Cheap enough big size lelong unit?
This unit is located 1 floor above the facility level (level 6) and over viewing the swimming pool. KLCC view definitely got block by Arte plus now.

A-7-7, 7th Floor, Block A, The Elements @ Ampang
Reserve price 🔥RM 729,000 🔥
Freehold
1636 sqft intermediate unit (Type G with extended balcony area + roof garden terrace)
Auction: 23-Aug-2019 (Fri)
*Foreign owner (China)

This unit no taker. S&P of this unit is priced at 1.33M refer: https://forum.lowyat.net/index.php?showtopi...post&p=92798014
Now lelong at half price. 50% off!!!

A-7-7, 7th Floor, Block A, The Elements @ Ampang
Reserve price 🔥RM 656,100 🔥
Freehold
1636 sqft intermediate unit (Type G with extended balcony area + roof garden terrace)
2 car park slots
Unit overlooking the swimming pool (but front view will be blocked by Arte plus)
Auction: 24-Sep-2019 (Tue)
*Foreign owner (China)
*Vacant unit



This post has been edited by AskarPerang: Sep 1 2019, 06:10 PM

tenant move to new condo such as Arte+? that why Element not doing well in rental especially large unit

Park for lelong. Wonder if can get unblocked view for bigger unit.

1st time user. What does park mean? And how do I follow this post?

Hi all, does anyone know has the rooftop garden for the elements completed? Also, if the free shuttle bus service to KLCC, Jalan Ampang, Pavilion and Jalan Bukit Bintang is there as per advertised on PropertyGuru.

Thanks guys.

Yes to your both questions.
But the shuttle service is no longer free. Need to purchase RM30 a booklet to get 10 return tickets to & from KLCC/Paviliion.
And is not bus. Is a 10 seater van.

Is a well managed place I would say. Just that surrounded by many similar blocks of high rise (oversupply). That's why compare to initial launch price, you dont think got any increment in price today. And majority of the lelong units in the market actually own by foreigners.

Hi Askar Perang, do you know if I can go to auction with bank cheque under my parents' name. Upon successful bidding, get a bank loan under my parents' name, but put the S&P under my name. I know buying directly from developer allows it. Unsure about auction.

I am at overseas, so wont be able to get a loan under my own name as I dont have income in Malaysia.