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 The Fennel @ Sentul East by YTL, Sentul East YTL

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chulk
post Jul 23 2013, 11:48 PM

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QUOTE(kingalfred9999 @ Jul 23 2013, 11:45 PM)
I cant believe my eyes..
assuming auction price is 20-30% below market price... then the translated psf is 680psf? Then Fennel buyer got very very very good deal!

http://www.iproperty.com.my/propertylistin...ominium_ForSale

My first congratulatory statements to all Fennle buyer...

btw... i think we should focus the discussion here for sentul east... not siber siber siber... hakkk chooo.. peace..
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i bet you never been to any property auction for these few years... hmm.gif
chulk
post Jul 23 2013, 11:53 PM

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QUOTE(kingalfred9999 @ Jul 23 2013, 11:51 PM)
i never been to any auction in my life because i dont believe in it.. all kautim here and there to make sure no bidding and i dont like the fact i cant access the unit.

any problem?
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obviously you dont know much about it.
anyway is ok~ smile.gif
chulk
post Jul 24 2013, 09:41 AM

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QUOTE(klangboy83 @ Jul 24 2013, 09:32 AM)
interested to know more about auction, are we able to get the Saffron unit for this kind of bidding price (RM570k)? or should we not waste time to attend bidding? please share your kang tao, thank you!
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this is what happened for most hot properties auction.

1. 60% chances of the auction will called off.
2. if not, you will see about 50-150 peoples ( at least ) try to bid the same properties with you
3. if reserve price 570K, usually auctioneer will start the bidding with higher price, let say 650K
4. most likely you wont have chance to raise your hand unless you are super rich
5. 99% chances of the deal closed at 5-15% above market value.
6. and you go back home with a good lesson, cancel the banker cheque, and swear no more next time rclxms.gif
chulk
post Jul 24 2013, 09:46 AM

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QUOTE(mingyew @ Jul 24 2013, 09:44 AM)
LOL , everytime i swear, everytime i cannot tahan and go again for auction..
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and you see and wonder why so many crazy people right? biggrin.gif
chulk
post 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.
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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. smile.gif

chulk
post 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) rclxub.gif
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Boss can share the reason why?
chulk
post Jul 25 2013, 09:06 AM

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QUOTE(Minolta @ Jul 25 2013, 08:50 AM)
Want to let go? Tell him good idea. Not good lah this investment. Sentul not worth the price wan. Don't be like cow.

And inform us lah the same day he let go.
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we heard the same thing each time YTL launch their project at sentul..... smile.gif

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