I think the worst performing for a few years.no pity to the banks or investors.

Facts were laid out clear. The signs were there.

yup should have "consulted" you ..Ms K-A

Rub it in when you can ya...nice

Density in the area:

M City got 1500 units+commercial over 4.95 acres, elements 1000 units over 2.7 acres, arte 1163 over 2 acres, astoria 1216 units over 5.7 acres (i jus google the project name n acres tongue.gif )

Total: 5000/15.30= 325 UNITS PER ACRE

its more visible here compared to other areas.. correct if im wrong but if this area cnt even absorb 1k units from elements, what about those 4k units coming up? mus remember no lrt or mrt here for at least 10 yrs, so u may bleed badly..

yes this place looks like it will go down to RM340k for the studios..  i buy that time for 'weekend' home..

good luck in finding tenant to even cover 50% of yr installment.. rental thr is dam low even now before all d 4-5k units come on stream.. if u willing to absorb installment for a long period n can live with low appreciation, then go ahead   

friend who runs an airbnb shop says performance is soso.

the only hot-spot is for lelong here. can't wait for arte to join the party.

yup should have "consulted" you ..Ms K-A

Rub it in when you can ya...nice

Have I not been consistent in advising people about this area?
Talk with facts not nonsense.

2 bedroom 700+sqft size dont think will drop below 400k.
Below 450k I guess is already rock bottom price, people will grab.
Unless is a smaller size unit like this unit here, maybe will drop till below 400k, wait next round.

T2-33A-07, Arte +, No. 3, Lorong Ampang 1
Reserve price 🔥🔥RM 430,000🔥🔥
Leasehold until 2113
620 sqft (1 bedroom unit) with private lift lobby area
1 car park slot
Auction:  28-Aug-2019 (Wed)

yes you are the best    

people who dont listen to you deserves it hor! - well according to you..

maybe you should consider appoint yourself as guru for ARTE

Yet again only claims no facts.

I rest my case.

Now i know why Arte got so many lelong units. Ask any banker then they might tell you the whole story.

Want Sifu to share some info. Beside lelong, Any Subsales transaction for Arte Ampang, seem active only lelong

Zero subsale transaction recorded on brickz so far.

Zero subsale transaction recorded on brickz so far.

Thank you Sifu. Damn poor Demand here

Valuers to use auction price as benchmark?

Generally this area subsale transaction is low.
The Elements, 7 transaction in a year: https://www.brickz.my/transactions/resident...nts/non-landed/
M City, 10 transaction in a year: https://www.brickz.my/transactions/resident...ity/non-landed/
Actually the number of recorded lelong transaction > subsale transaction.

Is not due to poor demand. But coz the initial launching price is high. They bought high and now even selling at same price also nobody interested. Unless the owners willing to let go at a big loss to get buyer attention.
agreed what Sifu said let go a big loss. For my own opinion, to get new buyer attention, the Subsales price should at:
1 room : 750 psf
2 rooms : 700 psf
3 rooms : 600 psf
* All sifu, just my humble comments here jgn marah ya 😅

any of the Arte+ Ampang  3 Tower T1, T2 and T3 is belong to residential ?  i notice the title is office unit . does it mean belong to Sovo category (office but furnished for stay)?

Now i know why Arte got so many lelong units. Ask any banker then they might tell you the whole story.