Mirage By The Lake, Cyberjaya, By OSK
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 Jan 18 2018, 08:03 AM
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#1
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Senior Member
1,294 posts Joined: Jun 2009   
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QUOTE(AskarPerang @ Jan 18 2018, 12:57 AM) Already drop twice in price. 3rd auction now. wait till 6/7 drop, 22A, Jalan Mirage 1, Mirage Cyber ( facing lake view) Reserve price 🔥🔥RM 1.863 Mil🔥🔥 4622sqft 6 bedroom Freehold Auction: 9/2/18   no worries, still have time to prepare cash. |
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Jan 18 2018, 08:05 AM
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#2
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Senior Member
1,294 posts Joined: Jun 2009
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QUOTE(planc @ Dec 23 2017, 03:02 PM) Based on your observations, why so many lelong for this mirage? No tenant at all? rental can't cover the instalment, end up bleed to long and die. |
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Jan 18 2018, 07:34 PM
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#3
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Senior Member
1,294 posts Joined: Jun 2009
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QUOTE(AskarPerang @ Jan 18 2018, 01:40 PM) Won auction at 420k. 10xxsqft Mirage. 6% yield based on 420k, don't forget previous owner buy more than that, Use 20k do fully furnish. Successfully rent out at 2200. 6% yield. Real case story. Very recent case of Mirage lelong unit. Got 2 units sold at the same day 420k on that day.  |
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Jan 18 2018, 07:55 PM
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#4
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Senior Member
1,294 posts Joined: Jun 2009
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QUOTE(icemanfx @ Jan 18 2018, 07:40 PM) Property investment is a zero sum game. Previous owner took the risk and lost. meaning, only new owner who bought thru auction will get 6% rental yield.During the bull run, flippers justified their rewards/profits for the risks they took. Similarly, they swallow loss also. same with other project in cbj |
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Jan 20 2018, 02:21 PM
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#5
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Senior Member
1,294 posts Joined: Jun 2009
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QUOTE(AskarPerang @ Jan 20 2018, 12:12 AM) Wow. Bank valuation still at unrealistic 700k for MBTL. MBTL really good for own stay, environment very nice. Most units people only enter at below 400k but bid will still end up going beyond 400k. So probably can try luck get the unit as single bidder at 400k. Who knows. p/s: the 437k unit got no bidder last month in Dec, but HSBC decided to maintain the price for this month. next reserve price will be 394k in Feb.   Nearby to LKW & Ex PM |
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