Price drop 20% straight.
Not sure whether is cheap enough or not.
But at only RM365 per sqft, for a new condo in Kepong. Can get elsewhere?

E-35-01, The Henge, Jalan Metro Perdana Barat, Taman Metropolitan, Kepong
Reserve price🔥🔥RM 475,000🔥🔥
Leasehold
1300 sqft
Auction: 18-Jul-2019 (Thu)

Which is 198k building? Which is 600k building?

The Henge. Got block D with downstairs 3 storey shop lots.
Service apartment with residential land title.

First subsale recorded transaction from The Henge (Block E): https://www.brickz.my/transactions/resident...mas/non-landed/
1100sqft sold at 556k.

No bidder again. Maybe due to viral news.
Updated details as below:

E-35-01, The Henge, Jalan Metro Perdana Barat, Taman Metropolitan, Kepong
Reserve price🔥🔥RM 427,500🔥🔥
Leasehold until 2114
1300 sqft, 2 car park slot
Auction: Mid / End of Aug 19
*Non bumi lot
*Vacant brand new condition unit

This place will break OUG Parklane high density record?
6k+ units located side by side each other. Imagine that.



The Henge - 1472 units
Kepongmas - 1514 units
Mizumi - 1512 units
Residensi Metro - 1520 units

Total 6k+ units. All 3 bedders size.

p/s: yet to include Fortune Perdana (500+ units) located at the bottom right of the pics. just opposite sharing the same road basically.

This post has been edited by AskarPerang: Jul 24 2019, 09:37 AM

Different. But all side by side each other only.

RUMAHWIP Residensi Metro Kepong
Start at 188k to 198k
Total units: 1520

Brochure here: https://forum.lowyat.net/index.php?showtopi...post&p=93374751

Minus the low cost flat or apartment.
Minus the million dollar luxury condo.

You will get majority overpriced property in the lelong market. Few example can take a look at:
- Savanna Executive Suites, Southville City @ KL South, Dengkil
- M City, The Elements, Arte plus
- Cyberjaya property example Lakefront, Verdi, Cristal Serin, Mirage By The Lake
- BSP Skypark & BSP 21
- Landed houses at Bandar Hillpark, Rawang, Bandar Tasik Puteri, Puncak Alam or Semenyih

All the example listed above you can grab at below launching price.
Units after units coming into the lelong market even after 3-4 years after completion.
Reason is: bought at wrong/over price.
Example the area yet to fetch 400k in price for such unit, yet developer launch at 500k (S&P price), give buyer 10% rebate + XXk amount of cash back. So many ended up buying at such pricing unknowingly.

So either choose to keep holding or let go the property. That is why after 3 years, still got units after units from the same project enter the lelong market. Coz owner decided to forgo the property at different time. Some no holding power, some able to hold for few years, and majority still holding strongly.


p/s: This discussion is unrelated to The Henge. Only got 2 lelong units so far. Not a lelong hot spot yet.

Almyra Residence built by Kenwingston. Developer IOI.
QLASSIC score of 80%.
Same main con with The Henge.

Cheap enough?
1300 sqft bigger size unit. 3+1 rooms.
Brand new virgin condition unit as usual for most newly VP property.



This post has been edited by AskarPerang: Aug 7 2019, 02:54 PM

Unit sold at 470k today.
Still cheaper than nett launching price of 1300sqft size unit.
High floor some more. Brand new unit.

The viral leaking videos did not stop interested buyers. The video also from Block E right?

1300sqft sold at 470k.
So this coming 1100sqft lelong unit should be at cheap enough pricing.

E-25-09, Residensi Henge, No. 9, Jalan Metro Perdana Barat
Reserve price🔥🔥RM 405,000🔥🔥
Leasehold until 2114
1100 sqft, 2 car park slot
Facing inside facility view (swimming pool), near to lift
Auction: 24 Sep 19 (Tue)
*Non bumi lot

Yeah so far. The 1300sqft unit sold.
Left with 2 X 1100 sqft unit in the market.
Cheaper one is posted as above. Another unit still at 450k.

3 recorded subsale transaction so far.
Doing good I would say even with those viral stuff going on last time.
All sold on par or above launching S&P price maybe?

Kepongmas is the rumahwip. Not yet VP. Is leasehold land.
The recorded unit at Block C, D, E all is The Henge. Size also is The Henge unit sizes.

Nope. lelong unit all below 500k.

Unit sold at 405k just now. Single bidder won unchallenged.
With prayers that got no other bidder.
Vacant brand new condition unit.
Not sure is a good catch or not.