Price dropped basically unaffordable at the first place and followed by over supply. If price is low enough people will buy. with many more vp in cbj in next 2 years, price is expected to drop further.

mbtl is a indicator what is to come for other cbj developments.

Agreed .... osk big issue. Built and dump

i see. i guess next to busy highway is a unique selling point in the near future.
anyhow, i heard from people that actually staying in MBTL says this project not so bad la overall, worth the money based on this year price. 

this place is nice especially the lake there is the one of the best in  msia....scenic view...best! too bad, this proj by osk was badly executed in mkting with full of huge rebate n make it a almost all investors' proj. n many do not have holding power

Yes actually MBTL is not bad overall.
People may thought a lot of auction is because of quality issue or 'foreigner' problem
Basically all auction is from phase 2 'Block B'..because a phase 2 a lot of buyer is Singaporean, i think they are quite selfish since the project can't make $, they just leave it.

auction mainly from singaporean owner

left picture is phase 1 & right picture is phase 2

Phase 1 never auction i think

Yes actually MBTL is not bad overall.
People may thought a lot of auction is because of quality issue or 'foreigner' problem
Basically all auction is from phase 2 'Block B'..because a phase 2 a lot of buyer is Singaporean, i think they are quite selfish since the project can't make $, they just leave it.

auction mainly from singaporean owner

To buyers, banks and valuers; what are the difference between phase 1 and 2?

Abang ice, off course no different for what you mentioned..

I just want to share the reason behind of why so many auction for MBTL

Phase 2 block B with huge cashback and selfish singaporean owner

Bank valuation 700k. See the comparison.
If no taker this round, next new value will fall below 400k.

Oh glad that u guys have similar opinion.
Smallest unit is 1060sq ft. Initial phase is RM 515800 after RM 30k rebate. Each block has higher prices  from block A3 onward but with direct access to the skygym/ garden.

A1,2,3 does not face west. Loan with blr-2.4 is from Maybank. Lock period is 3 years. They have the bank leaflets at the showroom
Not sure about the height, I imagine the villas to have super high ceiling.

Bank valuation 700k. See the comparison.
If no taker this round, next new value will fall below 400k.

NO BIDDER!!!

drop below 393k next round.

Yes actually MBTL is not bad overall.
People may thought a lot of auction is because of quality issue or 'foreigner' problem
Basically all auction is from phase 2 'Block B'..because a phase 2 a lot of buyer is Singaporean, i think they are quite selfish since the project can't make $, they just leave it.

auction mainly from singaporean owner

How low can it goes??
Market seems so bad 😴

Any guru give class talk about auction house now? W..h..e...re is the guru???!!!

Do you know why so many orang asing bought this project?