Well, no bidder. below 400k also nobody interested now. 2 studio unit available in the market now.
New cheaper pricing as below.

2-13A-02, M City
Reserve price 🔥RM 344,570🔥
532 sqft (studio), 1 car park
Freehold
Auction: 25-Jan-2018 (Fri)

Sold at reserve price 364.5k just now. Single bidder.
Lucky!!! This is the cheapest ever transacted M City unit here.

Still got bank value M City at above 1000 per sqft here.
Crazy!!!

Plenty of lelong units from M City and The Elements.

As of today:
7 units from M City: https://www.lelongtips.com.my/search/M%20City
6 units from The Elements: https://www.lelongtips.com.my/search/The%20Elements

Once again ppl never learn lesson.
5 bidders. Emotional bidding.
Guess end up how much?

Got a unit sold in auction just now.

3-27-16, M City
Reserve price 🔥RM 560,970🔥
977 sqft, 1 car park
Freehold
Auction: 25-Feb-2018
*Vacant unit

2 bidders. Sold at 565k just now.
Not sure is a good catch or not.

Plenty of units available in auction. But this should be worth checking out.
Small size 1 bedroom unit (not studio). Not sure better grab at this price or wait for further price drop.

3-11-21, M City, No. 326, Jalan Ampang
Reserve price🔥🔥RM 444,690🔥🔥
Freehold
678 sqft (1 bedroom unit), 1 car park slot
Auction: 21 Mar 2019 (Thursday)

Opening of a lelong unit here.
No info which size or which lelong unit transaction. Too many to trace back.

No bidder again. Further price drop.
This is now the cheapest ever 1 bedroom unit reserve price.
Only the studio unit smaller size drop below 400k before this.

3-11-21, M City, No. 326, Jalan Ampang
Reserve price🔥🔥RM 400,220🔥🔥
Freehold
678 sqft (1 bedroom unit), 1 car park slot
Auction: 27-Apr-2019 (Sat)




Well, if prefer bigger size (2 bedroom unit), maybe worth to take a look at this unit.
At 600 per sqft. Way below launch price. Can try grab at reserve price as further price drop below 500k will definitely attract many bidders.

2-33-08, M-City Ampang, No. 326, Jalan Ampang
Reserve price🔥🔥RM 538,650🔥🔥
Freehold
886 sqft (2 bedroom unit)
Auction: 27-Apr-2019 (Sat)



This post has been edited by AskarPerang: Apr 4 2019, 11:18 PM

Overprice product as usual from Mah Sing. Meaning this area yet to reach 1000 per sqft but most ppl bought at 1000 per sqft 6 years ago during launching?
Same case like Savanna Southville City, another lelong house from Mah Sing currently in the market.
Not exactly correct to say that there is no demand. When it is price cheap enough be it renting or selling, the demand and interest from people will automatically come.

Actually out of those located along Jalan Ampang: M City, The Elements, Arte+ and 3 Tower,
I would say M City still stand out if given the choice, die-die also must want to buy a unit at this area.
M City Freehold outlook better than The Elements (with half of units facing KLCC got no view now).
Arte+ and 3 Towers considered as office suite, commercial loan required. Plus Arte+ is leasehold.

Both units currently vacant (but not virgin condition), got people occupied before previously.
The 1 bedroom unit expecting to attract many bidders, very sure price will end up higher than previous round reserve price.
The 2 bedroom unit possible few bidders too. If can grab at RP will be really really lucky winner.
Good luck.

Actual pics outside the unit:

Both units sold just now.
2 bedroom unit. 3 bidders. Sold at 565k.
1 bedroom unit. 7 bidders. Sold at 450k.

Good catch.

Once again, another cheap lelong unit available.
Refer this post here: https://forum.lowyat.net/index.php?showtopi...post&p=91280501
Same size unit sold at 620k previously.
Current pricing is below than that.

2-29-17, Tower 2, M-City, No. 326, Jalan Ampang, 50450, Kuala Lumpur
Reserve price 🔥🔥RM 603,612🔥🔥
Freehold
1018 sqft (duplex), 2 car park slots
Auction: 27 May 2019 (Monday)
*Occupied unit

Duplex unit. Can choose to enter the house at Level 29 or at Level 30. Lol. Dual entrance.

Once again, another cheap lelong unit available. Never ending from this place.
At below 550 per sqft only.

1-15-21, M City Ampang, No.326, Jalan Ampang, 50450 Ampang, Kuala Lumpur
Reserve price 🔥🔥RM 493,200🔥🔥
Freehold
911 sqft (duplex), end lot facility view
Auction: 25 / 6 /2019

This unit called off. Owner able to save the unit.
Possible due to already long period in the lelong market, owner recover and deal back with the bank (HSBC).

2 units sold today in the auction market (by HSBC bank). Didnt post here before this coz feel price still high.
But people still grab. Market demand still high over here along Jalan Ampang, oversupply area.
Details as below:

Duplex unit (1052 sqft): https://www.lelongtips.com.my/property/5856...ur-for-RM652490
Unit No. 2-23-10
Vacant unit
2 car park slots
attracted 4 bidders. Sold at 695k.

Studio unit (532 sqft): https://www.lelongtips.com.my/property/5854...ur-for-RM405000
Unit No. 2-16-02
Occupied unit (tenant staying)
1 car park slot
Sold at reserve price 405k. Single bidder win.

Tomorrow will have another duplex unit on offer in the auction market. See the demand how.

4 bidders. Buyer market is back.
Sold at 528k. Still cheaper than last round reserve price.
Good catch.

M City another lelong unit sold today.
1018sqft duplex unit
Reserve price 656,100
Attracted 3 bidders.

Here: https://www.lelongtips.com.my/property/5907...ur-for-RM656100

Sold at 730k. Back to last month reserve pricing.

I have no idea. But in today market is like impossible can find or grab any cheap lelong unit at famous project like M City, EcoSky, Fennel, Scenaria etc.
Just refer here: https://forum.lowyat.net/topic/4431314/+1420
Market gone haywire I would say. Or maybe buyer market is back without many realising.

This post has been edited by AskarPerang: Jul 26 2019, 03:33 PM