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Investment Gaya Bangsar, Investment

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Bjorn1688
post Jul 18 2019, 11:48 AM

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QUOTE(AskarPerang @ Jul 17 2019, 10:16 PM)
Unit sold at 510k today. Still slightly below last month reserve price. thumbsup.gif
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A bit on the high side for a unit of that size.

Won't break even unfortunately.
Thasmita
post Jul 18 2019, 01:53 PM

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QUOTE(AskarPerang @ Jul 17 2019, 10:16 PM)
Unit sold at 510k today. Still slightly below last month reserve price. :thumbsup:
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Wow- still can sell for 500k?
Bjorn1688
post Jul 18 2019, 03:21 PM

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QUOTE(Thasmita @ Jul 18 2019, 01:53 PM)
Wow- still can sell for 500k?
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Quite surprised it exceeded the RM500k mark.

Was expecting it to be in the low or under RM400k range.

But thankful in a way it did not drop to that price.
LoTek
post Jul 18 2019, 04:33 PM

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Personally I don't think lelongs are really worth it. The discount from low subsales isn't a big margin, and I would gladly pay the extra for peace of mind.

Oh, some lelongs like jalan ampang and hutan bangi ARE very cheap. But for a reason. Lol.

This post has been edited by LoTek: Jul 18 2019, 04:34 PM
Thasmita
post Jul 18 2019, 04:51 PM

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QUOTE(LoTek @ Jul 18 2019, 04:33 PM)
Personally I don't think lelongs are really worth it. The discount from low subsales isn't a big margin, and I would gladly pay the extra for peace of mind.

Oh, some lelongs like jalan ampang and hutan bangi ARE very cheap. But for a reason. Lol.
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Totally agree mate.

But I guess most of the lelong sales are cash.

People with loads of cash to spare

So most probably not too concerned about ROI or capital appreciation


LoTek
post Jul 18 2019, 04:56 PM

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QUOTE(Thasmita @ Jul 18 2019, 04:51 PM)
Totally agree mate.

But I guess most of the lelong sales are cash.

People with loads of cash to spare

So most probably not too concerned about ROI or capital appreciation
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then can just throw it at a desperate subsale. tell agents to hunt for you.

 

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