KLTS 2550 units
Hektar 2400 units
Inspiria 900 units
Kenwingston Platz 849 units

Hearsay at KLTS, there is reserve land for a RUMAHWIP block purpose. Just like Lakeville, suddenly got a rumahwip block coming up after successfully selling the project.
Not sure how true is this rumours.

Actually this KLTS maincon is Kenwingston, constructed by them..site fenced up, just next to KLTS

5th lelong unit check in. All units unsold so far.

A-13-9, KLTS, No.99, Jalan Gombak
Reserve price 🔥🔥RM 450,000🔥🔥
Freehold
864 sqft (end lot unit)
Auction: 25 Jan 2019 (Fri)

With 2550 units not everyone buying for own stay.
Some bought with the intention just to flip. Renovate to rent out also got no money to do that.
Developer units still selling. So is not possible subsale able to compete with developer pricing throwing in big cash back and free legal fees.
In the end subsale not able to get buyer and easiest exit plan is just let the house go under force sale @ bank lelong.

New banner (price changed) detected. Developer units now from 500k++.

Congrats to slight early bird buyers gain around 100k since back in 2017 until now.
Price used to be from 388k++.
Then changed to from 400k++.
Then from 428k++.
And now is 500k++.

Not yet automatically declare bankrupt. After lelong ended, unit successfully sold below launched price.
But example still got 150k outstanding amount. Bank will try to chase back first the owe amount from the defaulters. Most people wont be bothered anymore. After that only bank will file for bankruptcy against them.

Refer: https://www.comparehero.my/blog/must-know-b...ruptcy-malaysia

What Happens When A Person Is Declared Bankrupt?

Being declared a bankrupt means an individual will have plenty of restrictions imposed upon them. Below are what will happen once a person is declared bankrupt:

Appointed A DGI
Once declared a bankrupt, a person will be assigned to the Director General of Insolvency (DGI). The DGI will administer all of the individual’s assets and manage it to repay the outstanding debts. So once declared bankrupt, a person’s assets will all be put under the administration of the DGI.

Travel Ban
An individual who has been declared bankrupt will be unable to travel out of the country without written permission from the DGI or before obtaining a court order which allows the individual to travel overseas.

Limited Credit Line
Existing bank accounts will be deactivated and a bankrupt will be barred from withdrawing any money from their existing account. Aside from that, a bankrupt is not allowed to spend more than RM1,000 on their credit card or obtain credit more than RM1,000 from any creditor.

Assets Taken Away
Once declared a bankrupt, all of the assets of the individual will be managed by the DGI. So for example an individual’s house and cars will be taken over by the DGI who will then manage it by reselling it to repay outstanding debts.

Employment Restricted
A bankrupt will not be able to work in certain professions which have restrictions imposed by their professional associations or licensing authorities. Examples of the profession a bankrupt cannot be employed as are:

    Lawyer
    Quantity Surveyor
    Accountant
    Doctor

Aside from that, once declared bankrupt an individual may not act as a director of a company. A bankrupt is also not allowed to own a business or be part of a business ownership, so no entrepreneurship is allowed once an individual has been declared a bankrupt.

If can sell above the price you bought. Maybe for property you bought before year 2010, can sell above price in lelong market today.
But for newly completed property, bought in year 2012-2014, all usually will be sold at below launch price in lelong.

Here is all about the facility. Location come 2nd I guess.
Especially family with kids.

Here is all about the facility. Location come 2nd I guess.
Especially family with kids.

Lol. What is the different with other pools at other condos?

Some claimed less than 10 units is very few, not worth mentioning.

Which newly completed in Setapak is low dense?