Wow that's good. But is it easy to find tenants at that pricing ?

bidded in august, bumi lot, direct transfer with 1k admin fees (no double MOT), loan disbursed this week. 1 extension penalty due to more than 90 days, took about 4.5 months from bidding to now loan disbursed.

own stay, work at subang airport area. Dont know about investment, but happy for own stay.

see many comments here, so just sharing as actual buyer.

Serious you wanna make a student hostel/refugee camp your holiday home? Doesn’t sound very luxurious to me.

I’m sorry if I’m coming across female doggish in these threads. But I feel a duty to slap some sense into people.

Welcome to 2022 Grand Prize Winner!

Another lelong unit sold just now.
1442sqft size.
Non bumi lot.

Reserve price 443K.
Attracted 3 bidders fight.

Unit sold at 503K.
Slightly higher than last month reserve price.

Good catch?

Never ending lelong from here:

Dataran Prestij / Sqwhere (double transfer)

Latest Auction Price List from various bank : 

SA-11-X    RM 500,000.    980sf.      17/4
SA-23-x.    RM 648,000.  1765sf      18/4
SA-10-x.    RM 425,000.    979sf      19/4
SA-26-x      RM 440,000.    980sf      19/4 bumi
SA-32-x      RM 1 mil        1765sf      19/4
SA-18-x.    RM 720,000.  1442sf      19/4
SA-9-x        RM 495,000.    979sf      25/4
SA-28-x      RM 480,000    980sf      27/4 bumi
SA-12-x      RM 338,000.  1055sf      27/4 bumi
SA-13-x      RM 440,000.    979sf.      27/4

Another lelong unit sold last Saturday.
Bumi lot.
1055sqft.
Sold at reserve price 361,300.
Single bidder won unchallenged.

Good catch?

It's a steal honestly at those prices. I've always admired SDB as a developer but their recent high rise buildings haven't been doing so well lately.. This one the pricing just doesn't fit the location, the commercial components is also suffering as a side effect. Perhaps in 5-10 years when Kwasa develops and population kicks in, this service apartment may finally make sense.

Good news to interested lelong unit buyer over here.
Developer now allow direct transfer for lelong unit at SqWhere.
You can save up a big amount of money.

Plenty of units available in the lelong market as usual from here.
Good luck.

Lelong unit sold today.

Size 1055sqft.
7th round reauction.
Below 300K, bumi lot.

From 292K, sold at 360K.
Last month at 325K only but nobody interested. As usual waiting for price to drop cheaper.

Good catch?

These were all loopholes in the past to build at commercial densities as liveable offices. They were never meant to be used as residential premises.

At this price range yes it make sense to punt. But the pathetic commercial downstairs.....

The developer has no choice.

It is cost plus profit margin for them, not so much supply Vs demand and secondary transacted prices.

The only way now these Developers can do is offer cashback and low down payment. However these also attract financial weak purchasers.

BNM should clamp down financing based on SPA but instead...based on nett price... Buying property is long term commitment and purchasers should have at least 10% ready before commit to it.

I heard SDB's management managed to sign a deal with Taylor University Veterinary Faculty. The Taylor University Veterinary Faculty is currently under renovation & will occupy the commercial lots.

Still plenty of lelong units from here and also DSara Sentral.

980sqft (but should be bigger size if include the outside foyer area), sold at 350K.
Bid up from reserve price of 261K (dirt cheap price attracted bidders as usual).

Good catch?