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> Hillpark Shah Alam, Another development by MKH Berhad

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AskarPerang
post May 4 2019, 01:07 AM

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7th round re-auction. 7th round!!!
Meranti Hillpark Corner lot.
Non bumi, vacant, brand new house.

1st auction Nov18 : RP 920,000, no bidder
2nd auction Dec18 : RP 828,000, no bidder
3rd auction Jan19 : RP 745,200, no bidder
4th auction Feb19 : RP 670,700, no bidder
5th auction Mar19 : RP 603,700, no bidder
6th auction Apr19 : RP 543,400, no bidder
7th auction May19 : RP 489,100 ---》 latest

82, Jalan Meranti 3/1, Bandar Hillpark, 42300 Bandar Puncak Alam
Reserve price 🔥🔥RM 489,100🔥🔥
Leasehold until 2091
Land area: 48' x 70' = 3358 sqft
Auction: 15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «


p/s: Do scroll back and read about the complication involved lelong units at Hillpark before attempt to try. Good luck.

This post has been edited by AskarPerang: May 4 2019, 01:07 AM
Babizz
post May 4 2019, 01:43 AM

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QUOTE(AskarPerang @ May 3 2019, 11:07 AM)
7th round re-auction. 7th round!!!
Meranti Hillpark Corner lot.
Non bumi, vacant, brand new house.

1st auction Nov18 : RP 920,000, no bidder
2nd auction Dec18 : RP 828,000, no bidder
3rd auction Jan19 : RP 745,200, no bidder
4th auction Feb19 : RP 670,700, no bidder
5th auction Mar19 : RP 603,700, no bidder
6th auction Apr19 : RP 543,400, no bidder
7th auction May19 : RP 489,100 ---》 latest

82, Jalan Meranti 3/1, Bandar Hillpark, 42300 Bandar Puncak Alam
Reserve price 🔥🔥RM 489,100🔥🔥
Leasehold until 2091
Land area: 48' x 70' = 3358 sqft
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «


p/s: Do scroll back and read about the complication involved lelong units at Hillpark before attempt to try. Good luck.
*
The floor is the limit. Any insight on how previous auction buyers settledm? How long more did they need? Have to pay bank interest right.
AskarPerang
post May 4 2019, 01:53 AM

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Posts: 15,691

Joined: Aug 2007
From: Outer Space



QUOTE(Babizz @ May 4 2019, 01:43 AM)
The floor is the limit. Any insight on how previous auction buyers settledm? How long more did they need? Have to pay bank interest right.
*
Extension with interest need to pay to the auction bank.
But got selected bank not allowed extension at all. So in the end, luckily the buyer managed to fork out another 90% cash. The bank only want money.
So after settling the remaining amount with cash only slow2 settle the double transfer process.
Take note you have to pay for legal fees & stamp duty twice here. Once for the ex-owner. Once for yourself. More cash required.

And yes, the above corner unit under those "selected bank".
You have been warn. cool2.gif
Babizz
post May 5 2019, 12:05 PM

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QUOTE(AskarPerang @ May 3 2019, 11:53 AM)
Extension with interest need to pay to the auction bank.
But got selected bank not allowed extension at all. So in the end, luckily the buyer managed to fork out another 90% cash. The bank only want money.
So after settling the remaining amount with cash only slow2 settle the double transfer process.
Take note you have to pay for legal fees & stamp duty twice here. Once for the ex-owner. Once for yourself. More cash required.

And yes, the above corner unit under those "selected bank".
You have been warn.  cool2.gif
*
If that's the case then still not worth yet. Wonder how bank can value this ulu leasehold area at anything above 750k.
AskarPerang
post May 15 2019, 03:41 PM

~tUPaI...~
********
Group: All Stars
Posts: 15,691

Joined: Aug 2007
From: Outer Space



QUOTE(AskarPerang @ May 4 2019, 01:07 AM)
7th round re-auction. 7th round!!!
Meranti Hillpark Corner lot.
Non bumi, vacant, brand new house.

1st auction Nov18 : RP 920,000, no bidder
2nd auction Dec18 : RP 828,000, no bidder
3rd auction Jan19 : RP 745,200, no bidder
4th auction Feb19 : RP 670,700, no bidder
5th auction Mar19 : RP 603,700, no bidder
6th auction Apr19 : RP 543,400, no bidder
7th auction May19 : RP 489,100 ---》 latest

82, Jalan Meranti 3/1, Bandar Hillpark, 42300 Bandar Puncak Alam
Reserve price 🔥🔥RM 489,100🔥🔥
Leasehold until 2091
Land area: 48' x 70' = 3358 sqft
Auction:  15-May-2019 (Wed)

» Click to show Spoiler - click again to hide... «


p/s: Do scroll back and read about the complication involved lelong units at Hillpark before attempt to try. Good luck.
*
OMG!!! Single bidder win this unit just now at 489k.
50% off bank valuation.
Brand new virgin condition house.
Good catch. thumbsup.gif
trust4you
post May 15 2019, 04:58 PM

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Posts: 1,867

Joined: Dec 2010

QUOTE(AskarPerang @ May 15 2019, 03:41 PM)
OMG!!! Single bidder win this unit just now at 489k.
50% off bank valuation.
Brand new virgin condition house.
Good catch.  thumbsup.gif
*
nobody want to stay here lah, no need post the result here
BEANCOUNTER
post May 15 2019, 08:46 PM

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QUOTE(trust4you @ May 15 2019, 04:58 PM)
nobody want to stay here lah, no need post the result here
*
There are plenty of ownstayers here...one active forumer also stays there.

Lelong units mostly with lastest vped units where clearly newbie investors punya salah.

This post has been edited by BEANCOUNTER: May 15 2019, 08:47 PM
trust4you
post May 15 2019, 10:24 PM

Regular
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Group: Senior Member
Posts: 1,867

Joined: Dec 2010

QUOTE(BEANCOUNTER @ May 15 2019, 08:46 PM)
There are plenty of ownstayers here...one active forumer also stays there.

Lelong units mostly with lastest vped units where clearly newbie investors punya salah.
*
i know whos the active forumer , becos he's my relative blush.gif


hillpark is realtively new, so more lelong to come




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