Unit sold at reserve price 292k just now.
Single bidder won unchallenged.
Good catch.

This unit drop to 297k reserve price today.
Attracted 3 bidders.
Sold at 326k. Still slightly cheaper than previous month reserve price.

Never ending lelong unit from here.
Once again another cheap lelong unit.


A-25-7, Tower A, Amerin Residence
Reserve price 🔥🔥RM 286,830🔥🔥
Freehold
857 sqft
2 car park lot
Auction date: 23-Jul-2021 (Fri)
*Vacant unit
*Non bumi lot
*Title issued but perfection not done. Please verify with developer first whether direct transfer is allowed for auction cases.

Unit sold at 322k today.
Slightly higher than last round reserve price.
Still a very big drop in price compare to bank value / 1st round auction price.

5 active lelong unit available in the market from Amerin.
Never ending lelong.


B-21-8, 1363sqft
Reserve price 🔥🔥RM 400,500🔥🔥
Auction Date : 23-Sep-2021 (Thu)


A-25-3, 857sqft
Reserve price 🔥🔥RM 350,000🔥🔥
Auction Date : 29-Sep-2021 (Wed)


A-15-5, 857sqft
Reserve price 🔥🔥RM 311,000🔥🔥
Auction Date : 29-Sep-2021 (Wed)


B-16-3A, 915sqft
Reserve price 🔥🔥RM 297,000🔥🔥
Auction Date : 30-Sep-2021 (Thu)


A-17-5, 857sqft
Reserve price 🔥🔥RM 330,000🔥🔥
Auction Date : 30-Sep-2021 (Thu)

This big size unit sold today.
At reserve price 400,500.
Single bidder won unchallenged.

Four units up for bid next week!
So bidders, what are you waiting for? Consider at least to sapu the two units with lowest reserved price.
(Disclaimer.. I had not reviewed the layout/floor plan of all units yet)

This post has been edited by Jagalat: Sep 23 2021, 11:53 PM

Anyone know what is the current occupancy for Amerin?

Only the unit with reserve price below 300K sold.
All other units no bidder.

From 297K sold at 318K.

Let's wait for the remaining units' reserved price to drop below RM300k...

Another lelong unit sold yesterday.

857sqft unit sold at 307,800.
Single bidder won unchallenged.

Can we derive that the auction price of this project has a "support level" of >RM300k?

Yes, I would say if drop below 300K will attract few bidders fight.
If able to grab at 300K plus a bit will be the just nice price to enter and win unchallenged.

Another lelong unit available at below 300K from here.
Never ending.


A-25-3, Amerin Residence
Reserve price 🔥🔥RM 284,000🔥🔥
Freehold
857 sqft
Auction date: 28th Mar 2022 (Mon), 10.30AM

Hohoho...
Since the RM300k is referenced as support, this unit is very attractive in term of price.
Let's see how it ends up later...
Will there be a single bidder win unchallenged?
Or multiple fighting to go above the support ie > RM300k?

Attracted 8 bidders fight just now.
Unit sold at 332K.

Last month at 315K only and yet nobody interested.
All waiting for price to drop below 300K?
As usual. No point waiting to grab at bottom price as got many others will have same intention.

RM300k support level is again justified for this project.

SIGN of property price hit bottom ?

Bro,
If direct transfer is not allowed, what is the procedure to perfect the title in the case of auction properties? Still need to deal with the existing owner?

Amerin able to direct transfer. Developer allowed.
Developer charges admin fees of RM5000 last check.
You may confirm with the developer again.

The status of the strata title of the property got nothing to do with chasing the unit occupant out. As long as it is an occupied unit, you need to standby chasing the people inside if you willing to buy over such unit.