Lelong unit. No idea is cheap enough or not.

A-16-2, 16th Floor, Block A, Verve Suites KL South
Reserve price 🔥🔥RM549,000🔥🔥
704 sqft
Freehold
Auction: 02-Oct-2018 (Tue)

No taker. New price as below:

A-16-2, 16th Floor, Block A, Verve Suites KL South
Reserve price 🔥🔥RM494,100🔥🔥
704 sqft
Freehold
Auction: early Nov 18

Another unit available as well in the lelong market. 2 units now both also at way below launching pricing.

A-16-2, Verve Suites KL South
Reserve price 🔥🔥RM494,100🔥🔥
704 sqft
Freehold
Auction: 08-Nov-2018 (Thu)

A-10-3, Verve Suites KL South
Reserve price 🔥🔥RM488,000🔥🔥
701 sqft
Freehold
Auction: 27-Nov-2018 (Tue)

Unit sold at 550k just now. Slightly higher than previous Reserve Price.
But is still cheap. Good catch. S&P price for this unit close to 1M. Come fully furnish. And car park with extra storage space.
Owner bought from developer unit just 1 year ago (2017) and straight away no do loan repayment.
Occupied unit, no idea is owner own stay or rented out.



Anyway got another unit available end of this month. Same layout just that slight small in size and no storage space at car park.
Lower floor (below the sky bridge) and facing swimming pool. View wise is better than the above unit (above unit face direct the roof top of the sky bridge).
Let's see how much the price will end up. Same close to 1M the S&P price. Hahaha.

This post has been edited by AskarPerang: Nov 8 2018, 11:51 PM

Weird stuff about both units.
Both units bought after project completion, getting developer units.

For the 488k unit, S&P sign in Nov 2017. Start enter lelong mid of this year.
Possible didnt even make any loan repayment at all to the bank before.

What the heck these ppl thinking. Just buy and never really count how much monthly commitment need to set aside to repay the loan?
Or take the cash back money and go enjoy the fullest.

Sold at 582k just now. Increase of 100k due to bidding.
Congrats to new owner. Is a vacant unit.

This post has been edited by AskarPerang: Nov 27 2018, 11:01 AM

Once again. Another cheap enough lelong unit available in the market.

B-11-08, Block B, Verve Suite KL South, No. 355, Jalan Klang Lama
Reserve price 🔥🔥RM 546,750🔥🔥
Freehold,
875 sqft
Auction: 15-Mar-2019 (Fri)

No bidder. Is below 500k now.

B-11-08, Block B, Verve Suite KL South, No. 355, Jalan Klang Lama
Reserve price 🔥🔥RM 492,075🔥🔥
Freehold,
875 sqft
Auction: 29-Mar-2019 (Fri)

Yes you are right.
9 bidders just now.
Sold at 575k. Much higher than last month reserve price as usual.
Anyway, is a vacant unit. End lot. ID full furnish by developer. Come with 1 car park slot with extra storage compartment.



This post has been edited by AskarPerang: Mar 29 2019, 04:08 PM

Once again. Another worth to take a look at lelong unit available.
Grab at reserve price this round or wait next month to fight it out.

B-21-2, 21st Floor, Block B, Menara Verve Suites, Jalan Klang Lama
Reserve price 🔥🔥RM567,000🔥🔥
708 sqft
1 car park slot with extra storage compartment
Freehold
Auction: 11-Apr-2019 (Thu)
*Vacant unit
*ID fully furnish unit



Lelong history:
A-16-2, 704 sqft, sold at 550k.
A-10-3, 701 sqft, sold at 582k.
B-11-08, 875 sqft, sold at 575k.

This post has been edited by AskarPerang: Apr 4 2019, 10:33 PM

As expected, no bidder at this price.
Everyone is waiting for further price drop.
New price as below:

B-21-2, 21st Floor, Block B, Menara Verve Suites, Jalan Klang Lama
Reserve price 🔥🔥RM510,300🔥🔥
708 sqft
1 car park slot with extra storage compartment
Freehold
Auction: Early May 2019
*Vacant unit
*ID fully furnish unit

Another cheap lelong unit check in.

A-12-3A, Block A, Verve @ Suites KL South
Reserve price 🔥🔥RM526,500🔥🔥
728 sqft (2 bedroom unit)
1 car park slot with extra storage compartment
Freehold
Auction: 04-Sep-2019 (Wed)
*Vacant unit
*ID fully furnish unit



Lelong transacted history:
A-16-2, 704 sqft, sold at 550k.
A-10-3, 701 sqft, sold at 582k.
B-11-08, 875 sqft, sold at 575k.

Still plenty of developer units left.
Not even sure whether this developer register with the HOC program to clear off their stock.
Seems to be very quiet.

2 bidders. Unit sold at 535k just now.
Cheapest ever transacted lelong unit.
Very good catch.

Lelong transacted history:
A-16-2, 704 sqft, sold at 550k.
A-10-3, 701 sqft, sold at 582k.
B-11-08, 875 sqft, sold at 575k.
A-12-3A, 728 sqft, sold at 535k.

Another cheap lelong unit check in.

A-16-08, Verve Suites KL South
Reserve price 🔥🔥RM520,000🔥🔥
871 sqft (2 bedroom unit)
2 car park slot (tandem arrangement)
Freehold
Auction: 19 Sep 2019 (Thursday)
*Non bumi lot
*ID fully furnish unit

The owner of the unit A-16-8 actually bought 4 units at a go.

A-11-5
A-12-5
B-21-5

Also under his name. All same size same layout unit. All no pay maintenance fees. Form 11 issued by the management so far.

All 4 units out now. All same owner. Same size unit. Joint name purchase.





Here the S&P price for the unit size at 1.1M.
Assuming taking 90% loan = 1M.
Now lelong transacted at maybe below 600k. A loss of 400k++ per unit.
Unless the owners still keep the cash back to pay back the outstanding amount (surely not enough also).

Only 2 bidders interested in this unit just now.
Sold at 530k. Very cheap price.
Best catch ever. The cheapest lelong transacted pricing so far!

Lelong transacted history:
A-16-2, 704 sqft, sold at 550k.
A-10-3, 701 sqft, sold at 582k.
B-11-08, 875 sqft, sold at 575k.
A-12-3A, 728 sqft, sold at 535k.
A-16-08, 871 sqft, sold at 530k.

Another cheap unit from this owner check in.
Details as below:

A-12-05, Verve Suites KL South
Reserve price 🔥🔥RM505,197🔥🔥
871 sqft (2 bedroom unit)
2 car park slot (tandem arrangement)
Freehold
Auction: 06-Nov-2019 (Wed)
*Non bumi lot
*ID fully furnish unit
*Vacant unit

Deleted wrong info. Wil update again later.

This post has been edited by AskarPerang: Oct 25 2019, 07:19 PM