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The Fennel @ Sentul East by YTL, Sentul East YTL
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DrPitchard
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 Jul 24 2013, 11:54 AM
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QUOTE(chulk @ Jul 24 2013, 09:41 AM) this is what happened for most hot properties auction. 5. 99% chances of the deal closed at 5-15% above market value. Certainly don't agree with this. Have been to countless property auctions and the hammer price is usually 5-10% below the market value. If 5-15% above market value, might as well buy from market and avoid all the uncertainty such as unit condition, outstanding utility bills and so on. Most of the people present are usually agents on behalf of interested buyers, thus, they are experienced and not impulsive bidders. Just my 2 cents. |
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irwan6179
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Jul 24 2013, 12:07 PM
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Buy from market is also 5-15% above the actual market price. Have to nego kaw kaw.
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chulk
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Jul 24 2013, 12:34 PM
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QUOTE(DrPitchard @ Jul 24 2013, 11:54 AM) Certainly don't agree with this. Have been to countless property auctions and the hammer price is usually 5-10% below the market value. If 5-15% above market value, might as well buy from market and avoid all the uncertainty such as unit condition, outstanding utility bills and so on. Most of the people present are usually agents on behalf of interested buyers, thus, they are experienced and not impulsive bidders. Just my 2 cents. i mean hot properties like ytl or desa park city, DU houses etc. those not too hot like nilai rawang or low cost, mid cost apartment of coz not in consideration.  |
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brianccg
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Jul 24 2013, 12:38 PM
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QUOTE(idoblu @ Jul 24 2013, 08:35 AM) wow so lucky this Chee....  My colleague is letting go his 1186sqft unit... (booked at 790K)  |
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dingvincent
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Jul 24 2013, 12:49 PM
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Getting Started
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QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) Letting go? Why de...  |
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owj
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Jul 24 2013, 01:19 PM
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QUOTE(dingvincent @ Jul 24 2013, 12:49 PM) Letting go? Why de... I thought YTL doesnt allow transfer? |
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zonefinder
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Jul 24 2013, 02:48 PM
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QUOTE(chulk @ Jul 24 2013, 12:34 PM) i mean hot properties like ytl or desa park city, DU houses etc. those not too hot like nilai rawang or low cost, mid cost apartment of coz not in consideration. There is no doubt there are cases where bidders get overcome by emotions and end up bidding higher than market price. Happens but not often. Hot areas mean that market values for these areas are higher or appreciates at faster rate. I'm sure you are an experienced investor ( with your 30 stars  ) but I question your concept of market price in this instance. |
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mayleeping
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Jul 24 2013, 04:06 PM
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Getting Started
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QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) I heard let go the unit developer will forfeit the deposit?? |
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Chris Chew
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Jul 24 2013, 04:23 PM
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QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) Wow. So fast let go, but YTL allow meh? This unit how many car park? 1 or tandem? |
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brianccg
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Jul 24 2013, 05:14 PM
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I mean he does not want to proceed the purchase and will let YTL to charge some admin fees.
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anangryorc
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Jul 24 2013, 05:22 PM
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Loan Rejected?  |
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Best property review
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Jul 24 2013, 05:26 PM
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Getting Started
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I thought not only admin fee but 30k downpayment will be forfeited? QUOTE(brianccg @ Jul 24 2013, 06:14 PM) I mean he does not want to proceed the purchase and will let YTL to charge some admin fees. |
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chulk
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Jul 24 2013, 05:30 PM
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QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) Boss can share the reason why? |
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airline
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Jul 24 2013, 05:48 PM
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QUOTE(idoblu @ Jul 24 2013, 08:35 AM) wow so lucky this Chee.... Got 760k for 1196sq feet also. Second block . He lucky meh? |
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phengeon
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Jul 24 2013, 09:22 PM
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QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) Y? Mind cooled down? |
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xyyap
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Jul 24 2013, 09:30 PM
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Many people who shout RM 800 psf BBB, how many of u bought?
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bababanana
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Jul 24 2013, 09:55 PM
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Getting Started
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QUOTE(chulk @ Jul 24 2013, 05:30 PM) Boss can share the reason why? sure alot havent do valutation on their loan approval yet |
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viper88
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Jul 24 2013, 10:02 PM
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Loan not approved? Mthly need about 3.6k instalment for 35 yrs. Salary low & commitment high... sure kantoi... QUOTE(brianccg @ Jul 24 2013, 12:38 PM) My colleague is letting go his 1186sqft unit... (booked at 790K) |
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Onn88
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Jul 24 2013, 10:47 PM
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Getting Started
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http://www.thestar.com.my/Business/Busines...snapped-up.aspxNews in the Star.... This post has been edited by Onn88: Jul 24 2013, 10:48 PM
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brianccg
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Jul 24 2013, 11:15 PM
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No problem on loan as he is over qualify (dont be sour grape). Just tht .. Need to invest wisely....
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