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> Hatten City in Melaka, Hatten Grp new project in Melaka

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jenern84
post Dec 20 2019, 03:08 PM

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Any Hatten property agent here?
trust4you
post Dec 20 2019, 03:50 PM

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QUOTE(heavensea @ Aug 30 2019, 12:06 PM)
Melaka has so many bouquet hotel, airbnb not easy to survive.
Might be worse than rent monthly with extra efforts to run short rental.
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Only foolish ppl will buy
eann lam P
post Jan 12 2020, 07:12 AM

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QUOTE(prettyFrog @ Jan 31 2018, 05:20 PM)
Hello. As many of you probably know, majority Hatten projects having lots of issues. I am looking for BUYERS of Hatten Harbour City Mall retail lots. If you bought a unit of Harbour City Mall, please PM me. Will invite to join our group as heard that the theme park by sandersons group is not coming in and Grand hyatt no longer seen in harbour city website etc.
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Hi , I am one of buyer of harboir city shop lot. Pls add me in thanks

016-7908598
AskarPerang
post Jan 28 2020, 10:47 AM

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Lelong unit check in from Hatten Suites (hotel). Drop from 280k.
Now at below 170k.
Cheap enough?

C-24-25, 24th Floor, Block C, Hatten Suites @ Hatten City
Reserve price 🔥🔥RM167,000🔥🔥
Leasehold until 2110
209 sqft
Auction: 30-Jan-2020 (Thu)



Previous Auction(s) for this property
Auction Date Price
2019-12-30 RM185,000.00
2019-11-27 RM205,000.00
2019-10-29 RM227,000.00
2019-09-27 RM252,000.00
2019-08-29 RM280,000.00
Clement1001
post Feb 20 2020, 05:53 PM

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Is this project over promise or what ?!
vccy
post Apr 24 2020, 05:34 PM

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QUOTE(AskarPerang @ Jan 28 2020, 10:47 AM)
Lelong unit check in from Hatten Suites (hotel). Drop from 280k.
Now at below 170k.
Cheap enough?

C-24-25, 24th Floor, Block C, Hatten Suites @ Hatten City
Reserve price 🔥🔥RM167,000🔥🔥
Leasehold until 2110
209 sqft
Auction:  30-Jan-2020 (Thu)
Previous Auction(s) for this property
Auction Date  Price
2019-12-30  RM185,000.00
2019-11-27  RM205,000.00
2019-10-29  RM227,000.00
2019-09-27  RM252,000.00
2019-08-29  RM280,000.00
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Wow auction until 6 times. I wonder how low the price can go? I check property auctions. Many elements mall units being lelong. Guest the grr stop paying then. I would like to see after MCO. Btw if the property was so good, so strategic, so value for money. There won’t be grr in the first place. Btw i am from melaka. Rm250 psf for landed property in melaka already very exp. 1000psf? Good luck for those who invest. I also pity my fren from melaka who invest in elements mall unit.
vinceleo
post Apr 24 2020, 08:49 PM

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Malacca have been too dependency on China market with projects being hugely developer to tap into the Belt & Road initiative which now seem hand on balance. Adding on the global downtime and pandemic the market remain challenging if not heading to collapse
wlchong79
post Apr 25 2020, 03:55 PM

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QUOTE(vccy @ Apr 24 2020, 05:34 PM)
Wow auction until 6 times. I wonder how low the price can go? I check property auctions. Many elements mall units being lelong. Guest the grr stop paying then. I would like to see after MCO. Btw if the property was so good, so strategic, so value for money. There won’t be grr in the first place. Btw i am from melaka. Rm250 psf for landed property in melaka already very exp. 1000psf? Good luck for those who invest. I also pity my fren from melaka who invest in elements mall unit.
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for sure bank will hold the unit soon la. ridiculous low
icemanfx
post Apr 25 2020, 04:03 PM

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QUOTE(wlchong79 @ Apr 25 2020, 03:55 PM)
for sure bank will hold the unit soon la. ridiculous low
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Bank is not in real estate business, why will hold?
wlchong79
post Apr 25 2020, 06:16 PM

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QUOTE(icemanfx @ Apr 25 2020, 04:03 PM)
Bank is not in real estate business, why will hold?
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if bank got cash why not? pm me for lelong prop. i in this line.
icemanfx
post Apr 25 2020, 06:48 PM

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QUOTE(wlchong79 @ Apr 25 2020, 06:16 PM)
if bank got cash why not? pm me for lelong prop. i in this line.
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If you are in this line, you should know what is bank's mandate and policy, what they can do and what they can't do.

This post has been edited by icemanfx: Apr 25 2020, 06:48 PM
michaelchang
post Apr 26 2020, 12:18 PM

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QUOTE(icemanfx @ Apr 25 2020, 06:48 PM)
If you are in this line, you should know what is bank's mandate and policy, what they can do and what they can't do.
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He is in lelong line, that's why he is not familiar about bank policy..

Bank will not hold properties, that is why they engage auction company to dispose of it.

This price is low if u compare with S&P price but the price is still high if u compare with the area market price.

Melaka has not reached the standard of commanding $1000psf (at best $500 psf for luxury unit)
icemanfx
post Apr 26 2020, 12:33 PM

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QUOTE(michaelchang @ Apr 26 2020, 12:18 PM)
He is in lelong line, that's why he is not familiar about bank policy..

Bank will not hold properties, that is why they engage auction company to dispose of it.

This price is low if u compare with S&P price but the price is still high if u compare with the area market price.

Melaka has not reached the standard of commanding $1000psf (at best $500 psf for luxury unit)
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Auctioneers work closely with banks and legal firm mean he is a junior staff.

price will likely drop to a level where rental yield e.g 6% p.a is attractive to buy to rent investor.

This post has been edited by icemanfx: Apr 26 2020, 12:34 PM
wlchong79
post Apr 26 2020, 02:33 PM

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QUOTE(icemanfx @ Apr 25 2020, 06:48 PM)
If you are in this line, you should know what is bank's mandate and policy, what they can do and what they can't do.
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lol. that's y some internal policy u don't know
icemanfx
post Apr 26 2020, 02:39 PM

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QUOTE(wlchong79 @ Apr 26 2020, 02:33 PM)
lol. that's y some internal policy u don't know
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What internal policy? Inclined to charge/collect more penalty interest than loan recovery?

This post has been edited by icemanfx: Apr 26 2020, 02:42 PM
wlchong79
post Apr 26 2020, 02:51 PM

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QUOTE(icemanfx @ Apr 26 2020, 02:39 PM)
What internal policy? Inclined to charge/collect more penalty interest than loan recovery?
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hard to tell u 1 la.
vccy
post Apr 29 2020, 04:01 PM

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QUOTE(wlchong79 @ Apr 25 2020, 06:16 PM)
if bank got cash why not? pm me for lelong prop. i in this line.
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Well, you can send me a list if you don't mind. I prefer Melaka. Thank you biggrin.gif
AskarPerang
post Apr 29 2020, 04:03 PM

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QUOTE(vccy @ Apr 29 2020, 04:01 PM)
Well, you can send me a list if you don't mind. I prefer Melaka. Thank you biggrin.gif
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https://www.lelongtips.com.my/search/?state=melaka
trust4you
post Apr 29 2020, 05:23 PM

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QUOTE(AskarPerang @ Apr 29 2020, 04:03 PM)
good luck buying melaka property. one of the "best" place for the "ELITES" like KL, singkie.

perfect. Good luck

GGWP


trust4you
post Apr 29 2020, 05:24 PM

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QUOTE(vinceleo @ Apr 24 2020, 08:49 PM)
Malacca have been too dependency on China market with projects being hugely developer to tap into the Belt & Road initiative which now seem hand on balance. Adding on the global downtime and pandemic the market remain challenging if not heading to collapse
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the encore malaysia is already GG soon, what do u expect more ?

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