So eager/early to buy? Wait until loan moratorium ends la, fire sale should come in 2021 when banks start taking action on loan defaulters (banks usually only start taking action after 3 months of failed loan repayment). Later cheaper and more selection.

M city lelong also come out liao. Maybe a little while more reizz residence and pavilion embassy (still incomplete) also join the lelong party too.

Lets see what the market has to offer before buying. Arte+ currently has more than 10 units pending anyway.
Just my 2 cents

Wouldn't hurry to catch the falling knives here.

why dont you share us the story  ? or do we need to PM for more info 

loan compressions.. lel die with massive debts ...

Out of 3 units, 1 sold (as posted above). Other 2 units nobody interested.
Updated details pricing as below:

T1-17-09, Arte + @ Jalan Ampang
Reserve price 🔥🔥RM 425,150🔥🔥
Leasehold until 2113
1038 sqft with private lift lobby area
Auction: 28-Jul-2020 (Tue)

T3-01-06, Arte + @ Jalan Ampang
Reserve price 🔥🔥RM 448,770🔥🔥
Leasehold until 2113
1021 sqft with private lift lobby area
Auction: 28-Jul-2020 (Tue)

Half price now (VS original S&P price of the unit)?
Expecting nobody will go for the level 1 unit. And will eventually drop below 400k. Just guessing.

TP <300 psf? Too many supplies. The rental will be much lower when astoria ampang and reizz residence is completed later

hi all.
i just read on this page as i am helping an owner to rent out and manage his unit in T2.
Hows the rental ? any owner rented out can share?

T1-17-09 sold at 460k today.
Won by this famous guru.


Anyway, as expected the low floor unit no bidder.
Updated details as below:

T3-01-06, Arte + @ Jalan Ampang
Reserve price 🔥🔥RM 403,893🔥🔥
Leasehold until 2113
1021 sqft with private lift lobby area
Auction: In Aug 2020

T1-17-09 sold at 460k today.
Won by this famous guru.


Anyway, as expected the low floor unit no bidder.
Updated details as below:

T3-01-06, Arte + @ Jalan Ampang
Reserve price 🔥🔥RM 403,893🔥🔥
Leasehold until 2113
1021 sqft with private lift lobby area
Auction: In Aug 2020

Hm.. Technically it is 2+1 rooms... Another room is without window.. Looking at layout.. Easily can add another 2-3 rooms with windows for sublet strategy.

Be prepare for maintenance fee up by 50% when the defect period is over... 8+1 lifts for each block with about 350 units...

Arte+ facilities get raped one. 

When a development is over ran by Airbnb businesses... This bound to open. Operators will move on and find new condos. Only owners are left holding worn out property that need substantial fund to renovate.

Many owners simply are too short term.

Unless the majority of airbnb operators also owners then the property maybe well taken care.

T1-17-09 sold at 460k today.
Won by this famous guru.


Anyway, as expected the low floor unit no bidder.
Updated details as below:

T3-01-06, Arte + @ Jalan Ampang
Reserve price 🔥🔥RM 403,893🔥🔥
Leasehold until 2113
1021 sqft with private lift lobby area
Auction: In Aug 2020

lol if he can sell the unit at 1m price, i eat vege 2 years. not really earn 540k

Hm.. Technically it is 2+1 rooms... Another room is without window.. Looking at layout.. Easily can add another 2-3 rooms with windows for sublet strategy.

Be prepare for maintenance fee up by 50% when the defect period is over... 8+1 lifts for each block with about 350 units...

Good buy? Below 500k for a 1000sqft apartment in the heart of KL with fancy looking facilities. Do you guys think its worth to buy for own stay? Any major downsides to buying for own stay?

Fully commercial title & leasehold oh

the only major drawback for commercial title would be the electricity bill and assessment bill i think. but given the low price its auction at, its more than worth it? how much would an equivalent residential title be worth?

for condo, leasehold not so much an issue I think.

The level 1 unit attracted more than 10 bidders just now.
Sold at 479,900 in the end. For level 1 unit.
Last month can win at 448k but nobody interested.

And the sifu grab level 17 same size unit at 460k. This is smart buyer.

Good buy? Below 500k for a 1000sqft apartment in the heart of KL with fancy looking facilities. Do you guys think its worth to buy for own stay? Any major downsides to buying for own stay?