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Household Palm Spring condo, Kota Damansara, Need advise

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claudetan
post Mar 22 2021, 06:34 AM

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palm spring .... my ex-colleague's civic got stolen, parked within condo ...
AskarPerang
post Jan 3 2022, 11:33 PM

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QUOTE(icemanfx @ May 25 2020, 11:56 PM)
Unit No. B-1303A, Block B, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Reserve Price RM262,440.00
https://www.ngchanmau.com/property/33784
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QUOTE(AskarPerang @ May 26 2020, 12:03 AM)
Do check the outstanding maintenance fees of the unit. 

» Click to show Spoiler - click again to hide... «

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QUOTE(hassanmuhamad @ May 26 2020, 09:31 AM)
Outstanding 40k? Jialat
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QUOTE(cryheart @ May 29 2020, 11:49 PM)
mind if i ask you are auctioneers? seems resourceful
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QUOTE(AskarPerang @ May 29 2020, 11:38 PM)
Unit sold today at 318k. Big fight between 5 bidders.
End up higher than last month reserve price.
Total outstanding amount is more than 45k++.




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Remember this unit? B-1303A.

The buyer failed to complete the transaction after 1 year plus. Burn 10% deposit in the end.
Now is back in the auction market at the same reserve pricing like before.
Do remember to check the latest outstanding amount.


B-1303A, Palm Spring
Reserve price 🔥🔥RM 262,440🔥🔥
Leasehold
1023 sqft
Auction: 11th Jan 2022 (Tue)
*Non bumi lot

This post has been edited by AskarPerang: Jan 3 2022, 11:34 PM
tongyk
post Jan 4 2022, 12:43 AM

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QUOTE(AskarPerang @ Jan 3 2022, 11:33 PM)
Remember this unit? B-1303A.

The buyer failed to complete the transaction after 1 year plus. Burn 10% deposit in the end.
Now is back in the auction market at the same reserve pricing like before.
Do remember to check the latest outstanding amount.
B-1303A, Palm Spring
Reserve price 🔥🔥RM 262,440🔥🔥
Leasehold
1023 sqft
Auction: 11th Jan 2022 (Tue)
*Non bumi lot
*
So where does the 10% goes to? settle into defaulter loan outstanding? Or bank and auctioneer eat it all?
AskarPerang
post Jan 4 2022, 04:10 AM

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QUOTE(tongyk @ Jan 4 2022, 12:43 AM)
So where does the 10% goes to? settle into defaulter loan outstanding? Or bank and auctioneer eat it all?
*
Settle into the defaulter loan outstanding.
JonathanIB
post Jan 4 2022, 11:26 AM

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Interesting
tongyk
post Jan 4 2022, 09:03 PM

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QUOTE(AskarPerang @ Jan 4 2022, 04:10 AM)
Settle into the defaulter loan outstanding.
*
Good deal ... then probably lelong 10 times like that the borrower can withdraw from lelong and get back the property ...

I think it's a challenge to get it thru for most of the lawyer on this prop.
Thasmita
post Jan 4 2022, 11:42 PM

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QUOTE(AskarPerang @ Jan 4 2022, 04:10 AM)
Settle into the defaulter loan outstanding.
*
But I think the Auctionerer and lawyer will still charge their fees to the bank
Thasmita
post Jan 4 2022, 11:49 PM

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QUOTE(AskarPerang @ Jan 3 2022, 11:33 PM)
Remember this unit? B-1303A.

The buyer failed to complete the transaction after 1 year plus. Burn 10% deposit in the end.
Now is back in the auction market at the same reserve pricing like before.
Do remember to check the latest outstanding amount.
B-1303A, Palm Spring
Reserve price 🔥🔥RM 262,440🔥🔥
Leasehold
1023 sqft
Auction: 11th Jan 2022 (Tue)
*Non bumi lot
*
This is the problem if don’t do proper research. Bid until total cost higher then MV. Even at 262k - I don’t think it’s a good deal as the bank not paying o/s amount in full.

Market there I think is around 310k now.


AskarPerang
post Jan 11 2022, 09:46 PM

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QUOTE(AskarPerang @ Jan 3 2022, 11:33 PM)
Remember this unit? B-1303A.

The buyer failed to complete the transaction after 1 year plus. Burn 10% deposit in the end.
Now is back in the auction market at the same reserve pricing like before.
Do remember to check the latest outstanding amount.
B-1303A, Palm Spring
Reserve price 🔥🔥RM 262,440🔥🔥
Leasehold
1023 sqft
Auction: 11th Jan 2022 (Tue)
*Non bumi lot
*
QUOTE(JonathanIB @ Jan 4 2022, 11:26 AM)
Interesting
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QUOTE(Thasmita @ Jan 4 2022, 11:42 PM)
But I think the Auctionerer and lawyer will still charge their fees to the bank
*
Unit sold again today. This time at reserve price only, RM262,440.
Single bidder won unchallenged.
Dont know is a good catch or not.
Thasmita
post Jan 12 2022, 08:00 AM

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QUOTE(AskarPerang @ Jan 11 2022, 09:46 PM)
Unit sold again today. This time at reserve price only, RM262,440.
Single bidder won unchallenged.
Dont know is a good catch or not.
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If the bank is not paying the outstanding - then I guess not.
engm85
post Sep 16 2022, 11:07 PM

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Hi all, need advice. Im planning to buy one unit here for investment, is it a good condo?

I heard from people that this condo have issues with maintenance, mainly the lift.

Is this true? Any palm spring resident here can verify. Can pm me also, thanks.
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