edited double posting

This post has been edited by AskarPerang: Oct 31 2019, 08:26 AM

Unit sold at 380k today.
Good catch.

This house sold at reserve price 826,740.
Single bidder won unchallenged.
Good catch. Occupied house (no info who staying).


The owner 2nd house here under auction as well. Same type and drop to below 800k now.
Expected to attract few bidders fight.
Details as below:

29, Villa Diamond B, Jalan CSR 3, Cristal Serin Residence
Reserve price 🔥🔥RM 787,320🔥🔥
Freehold
Intermediate unit
Land area: 22" X 80"
Built up: 3698 sqft
Auction: 06-Nov-2019 (Wed)
*Non bumi lot
*Occupied unit (auctioneer stated: Tenant occupied)



See the layout here: https://s3-ap-southeast-1.amazonaws.com/sta...227db5506b9.pdf
Got 4 storey actually. Come with LG basement floor.

wah new car some more

Once again another 15xx sqft unit drop to below 400k.
Can check previous pages, last time used to transact at above 400k in the lelong market.

A-03-07, Block Amethyst, Cristal Serin Residence
Reserve price: 🔥🔥RM 396,900🔥🔥
Freehold
1521 sqft
Auction : 14 Nov 2019 (Thursday)
*Non bumi lot

Attracted 3 bidders just now.
Sold at 850k. Still lower than last month reserve price.
Good catch.

Got another 1521 sqft unit sold just now during CIMB Mega Night Auction.
Sold single bidder won unchallenged at reserve price at 437.4k.
Decide to grab now before the price drop below 400k. Avoid bidding fight.

Opening of this unit. Only need clean up. Expected from lelong unit. As long as nothing major broken should be considered good enough.

too many units on Lelong. Can compile a list of successful bid

Another landed unit available in the lelong market at cheap price.
Is it cheap enough?
This is 3 storey villa (Citrine) - Corner lot

Details as below:

2, Villa Citrine, Jalan CSR 4, Cristal Serin Residence
Reserve price 🔥🔥RM 826,800🔥🔥
Freehold
Corner unit
Land area: 32" X 80"
Built up: 2976 sqft
Auction: 21-Mac-2020 (Sat)
*Non bumi lot

Actual image:



See the layout here: https://s3-ap-southeast-1.amazonaws.com/sta...227db5506b9.pdf

It is occupied, that's why nobody bid...

Once again lelong unit check in at cheap price.
1521 sqft and at much higher floor unit.

A-12-06, Blok Amethyst, Jalan CSR 1, Cristal Serin Residence
Reserve price: 🔥🔥RM 357,210🔥🔥
Freehold
1521 sqft
Auction : 10-Aug-2020 (Mon)
*Non bumi lot

Unit sold at 382k just now.
Good catch.

Update for Cristal Serin.
Title issued out by the developer.
Same developer as Serin Residency, disallow direct transfer to new purchaser.

So buying from lelong required double transfer process. Window of opportunity is officially closed here.
Good luck.

Normally how difference is in term of cost of double transfer vs direct transfer?

Pay stamp duty MOT twice. The first transfer will be based on the owner original S&P.
Then time. As impossible to meet 90/120 days dateline for lelong property. Request for extension will be charged late payment interest depending on which bank.

Why some dev allow direct transfer and some dont?
I assume is it because title has been issued, thus dev dont want to bear the cost of transfer again?

Damn I was planning to bid this unit at first. So this bidder need to do double transfer as well?

So what is the additional cost? The stamp Duty for the original s&p? What was the original s&p price ?

Also will the law firm charge fees twice ?

This post has been edited by Thasmita: Aug 24 2020, 11:06 AM

Another cheap lelong unit check in.

A-15-02, Blok Amethyst, Jalan CSR 1, Cristal Serin Residence
Reserve price: 🔥🔥RM 360,855🔥🔥
Freehold
1521 sqft
Auction : 10-Sep-2020 (Thu)