I saw there are a lot of shoplot is not yet open

Out of curiosity yesterday I checked the asking price at iProperty. It seems for 2bedded apartment the rental asking price has gone down from 2k+ to around 1,5k - 1,7k!

For rental, where to check the transacted rent price on the tenancy agreement docs?
Like for buy sell, we can check on brickz to get the transacted S&P price for the unit.

As asking rental ads in the market today full with fake info. Cannot use that as reliable guide.

Well I'm not actually surprised....
Oversupply situation & owners are desperate to fill up their vacant units...

Yes, management even extended the free parking for next 3 months due to lukewarm response from the commercial lots

Cheap enough biggest size unit here, with 3 car park slots.
Drop from 800k.
This owner got a shop lot unit down below and 2 service apartment unit above. But only this 1 unit in the lelong market at the moment.

E-17-01, Emira, Jalan Akuatik A 13/64A
Reserve price 🔥🔥RM 583,200‬🔥🔥
Leasehold until 2103
1238 sqft (corner end lot unit), 3 car park slots
Auction: 19-Oct-2019 (Sat)
*BUMI lot
*Occupied unit (seldom staying or can be airbnb/homestay unit)

Just take median price... It won't vary too much..

If an owner has a few units, but missed payments for only 1 of his units, will all the other units be lelong as well or not affected?

Other units not affected. Only those with outstanding non paying loan, the bank will lelong that particular property.

Expecting more than 1 bidder for this unit.

how much is the maintenance fee here?

470psf....

jialat……

below spa price already this bumi unit?

This post has been edited by BEANCOUNTER: Oct 1 2019, 03:43 PM

For sure below spa price. Believe nett prices for the big units were 520psf or less. But this is bumi lot so prices should be 7% or so lower.

In this soft market with 400 units , 6 subsale transactions at a median of 620psf and only 1 or 2 lelong units, im sure nothing much to complain about.
https://www.brickz.my/transactions/resident...nce/non-landed/

This post has been edited by Babizz: Oct 1 2019, 07:46 PM

Good luck basing on brickz for your real subsale price.

I actually know 2 of the owners sold at those prices la. Usually if heavy markup u can see all the price will be quite weird. See horizon Klcc for example.

How would u recommend identifying the right subsale price???

there is no other way for sure unless you know all the 1st hand owners, provided they let the cat out of the bag.

No bidder. Further price drop.
Possible need to drop below 500k then only able to attract interest I guess. Unless owner able to save this unit from the bank (CIMB) before that. Re-auction interval at 3 weeks once.

E-17-01, Emira, Jalan Akuatik A 13/64A
Reserve price 🔥🔥RM 524,880🔥🔥
Leasehold until 2103
1238 sqft (corner end lot unit), 3 car park slots
Auction: 11-Nov-2019 (Mon)
*BUMI lot
*Occupied unit (seldom staying or can be airbnb/homestay unit)

Only attracted 2 bidders at this pricing. Sold at 542k.
Good catch. Below launching price.

This owner got another 2 unit here incoming lelong I guess: Another 1 service apartment & 1 shop lot below.




This post has been edited by AskarPerang: Nov 11 2019, 08:53 PM

Yeap, similar size I suppose, already went into the lelong market.

https://www.lelongtips.com.my/property/6028...or-for-RM730000


There is another active lelong unit for smaller size, maybe can wait another 2-3 rounds to reach below 300k?

https://www.lelongtips.com.my/property/6037...or-for-RM370000

Seems like the previous small unit no bidder, drop 10% to RM 337k now.

https://www.lelongtips.com.my/property/6080...or-for-RM333000


Another 614 sqf unit goes into the lelong market too, starting 380k.

https://www.lelongtips.com.my/property/6069...or-for-RM380000