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Investment The Annex, @Connaught Place

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AskarPerang
post Dec 9 2020, 11:12 AM

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QUOTE(AskarPerang @ Nov 18 2020, 09:03 PM)
No bidder.
Latest details as below:

25-3, The Annex @ Medan Connaught
Reserve price: 🔥🔥RM 450,000🔥🔥
Freehold
1141 sqft (dual key unit)
Auction : 09-Dec-2020 (Wed)

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

*
QUOTE(Jagalat @ Nov 18 2020, 10:06 PM)
Thx...
Previous auction unit has been taken at RM500k.
This unit, same size is now with a reserved price 10% lower.
*
Unit sold at 528k just now.
Hahaha. Previously this unit at 500k but nobody interested. Drop price 10% then need to fight to win. As usual.

Anyway, got another lelong unit (neighbour unit) available in lelong too, auction tomorrow:


25-3A, The Annex @ Medan Connaught
Reserve price: 🔥🔥RM 495,000🔥🔥
Freehold
1141 sqft (dual key unit)
Auction : 10-Dec-2020 (Thu)


» Click to show Spoiler - click again to hide... «
Jagalat
post Dec 9 2020, 11:32 AM

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QUOTE(AskarPerang @ Dec 9 2020, 12:12 PM)
Unit sold at 528k just now.
Hahaha. Previously this unit at 500k but nobody interested. Drop price 10% then need to fight to win. As usual.

Anyway, got another lelong unit (neighbour unit) available in lelong too, auction tomorrow:
25-3A, The Annex @ Medan Connaught
Reserve price: 🔥🔥RM 495,000🔥🔥
Freehold
1141 sqft (dual key unit)
Auction : 10-Dec-2020 (Thu)
» Click to show Spoiler - click again to hide... «

*
Thx for the info..
Actually can tell the loser of this bid to aim for the tomorrow auction unit... See if they have registered earlier for tomorrow auction...

Jagalat
post Dec 11 2020, 09:44 AM

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QUOTE(AskarPerang @ Dec 9 2020, 12:12 PM)
Unit sold at 528k just now.
Hahaha. Previously this unit at 500k but nobody interested. Drop price 10% then need to fight to win. As usual.

Anyway, got another lelong unit (neighbour unit) available in lelong too, auction tomorrow:
25-3A, The Annex @ Medan Connaught
Reserve price: 🔥🔥RM 495,000🔥🔥
Freehold
1141 sqft (dual key unit)
Auction : 10-Dec-2020 (Thu)
» Click to show Spoiler - click again to hide... «

*
Any taker?

AskarPerang
post Dec 11 2020, 02:06 PM

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QUOTE(Jagalat @ Dec 11 2020, 09:44 AM)
Any taker?
*
No bidder yesterday.
So will drop to RM445,500 next month in Jan 2021.

Unpredictable. Seeing 495k maybe ppl feel still expensive and all rather wait to try at cheaper price.
Later end up fighting and sold at above 500k in the end.
Haha.
Jagalat
post Dec 11 2020, 03:35 PM

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QUOTE(AskarPerang @ Dec 11 2020, 03:06 PM)
No bidder yesterday.
So will drop to RM445,500 next month in Jan 2021.

Unpredictable.  Seeing 495k maybe ppl feel still expensive and all rather wait to try at cheaper price.
Later end up fighting and sold at above 500k in the end.
Haha.
*
Agree.. Later fighting at higher price..
W.ROOK
post Dec 13 2020, 04:11 PM

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QUOTE(AskarPerang @ Dec 11 2020, 02:06 PM)
No bidder yesterday.
So will drop to RM445,500 next month in Jan 2021.

Unpredictable.  Seeing 495k maybe ppl feel still expensive and all rather wait to try at cheaper price.
Later end up fighting and sold at above 500k in the end.
Haha.
*
Wow 445K? 1K sqft,dual key and freehold sounds a better choice compare to the opposite under-con leasehold and smaller size project(Aster).
e-lite
post Dec 13 2020, 05:25 PM

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QUOTE(W.ROOK @ Dec 13 2020, 04:11 PM)
Wow 445K? 1K sqft,dual key and freehold sounds a better choice compare to the opposite under-con leasehold and smaller size project(Aster).
*
Buy lo, wait what wo thumbsup.gif
AskarPerang
post Dec 15 2020, 04:45 PM

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QUOTE(Jagalat @ Nov 18 2020, 10:06 PM)
Thx...
Previous auction unit has been taken at RM500k.
This unit, same size is now with a reserved price 10% lower.
*
QUOTE(W.ROOK @ Dec 13 2020, 04:11 PM)
Wow 445K? 1K sqft,dual key and freehold sounds a better choice compare to the opposite under-con leasehold and smaller size project(Aster).
*
QUOTE(e-lite @ Dec 13 2020, 05:25 PM)
Buy lo, wait what wo  thumbsup.gif
*
This is the reason why this property is so hot.
Rental fetching 3000 for property size 9xx sqft.




Use your imagination base on the above video to draw out the below layout:


user posted image
ryan@chua
post Dec 15 2020, 04:57 PM

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QUOTE(AskarPerang @ Dec 15 2020, 05:45 PM)
This is the reason why this property is so hot.
Rental fetching 3000 for property size 9xx sqft.


Use your imagination base on the above video to draw out the below layout:
user posted image
*
When this property scammer open class talking on lelong market hint to you that the lelong market no longer good to invest anymore. 😆
e-lite
post Dec 15 2020, 05:03 PM

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QUOTE(ryan@chua @ Dec 15 2020, 04:57 PM)
When this property scammer open class talking on lelong market hint to you that the lelong market no longer good to invest anymore. 😆
*
Hahaha, isn't this Chua guy who got fired by HSBC or some bank because of unprofessional ?? icon_question.gif
ryan@chua
post Dec 15 2020, 05:13 PM

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QUOTE(e-lite @ Dec 15 2020, 06:03 PM)
Hahaha, isn't this Chua guy who got fired by HSBC or some bank because of unprofessional ??  icon_question.gif
*
Yes. Scamming businessss allowed in Malaysia as a most corrupted country in Asia😆
Jagalat
post Dec 15 2020, 05:36 PM

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QUOTE(AskarPerang @ Dec 15 2020, 05:45 PM)
This is the reason why this property is so hot.
Rental fetching 3000 for property size 9xx sqft.


Use your imagination base on the above video to draw out the below layout:
user posted image
*
Then next auction fight lah..
Beware of JMB to limit the number of tenant per room..
Good luck guys.. (Remember lesson learnt in Robetjai)
ryan@chua
post Dec 15 2020, 05:37 PM

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QUOTE(Jagalat @ Dec 15 2020, 06:36 PM)
Then next auction fight lah..
Beware of JMB to limit the number of tenant per room..
Good luck guys..  (Remember lesson learnt in Robetjai)
*
Whichever projects linked to property scammmer must avoid liao. 😂
MrBlackie33
post Dec 15 2020, 05:42 PM

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wondering why there is ppl willing to fit into an extremely crowded unit with bird cage room?
Jagalat
post Dec 15 2020, 05:49 PM

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QUOTE(MrBlackie33 @ Dec 15 2020, 06:42 PM)
wondering why there is ppl willing to fit into an extremely crowded unit with bird cage room?
*
New property. Walking distance to MRT.
Maybe the rental to tenant is attractive..
Just a rough calculation, in average, rental is RM3k/number of rooms ...
(understand actual rental is different according to room size)
Jagalat
post Dec 18 2020, 08:51 PM

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QUOTE(Jagalat @ Dec 15 2020, 06:36 PM)
Then next auction fight lah..
Beware of JMB to limit the number of tenant per room..
Good luck guys..  (Remember lesson learnt in Robetjai)
*
Understand this project is located in KL.

If nearby Ucity in Sgor, can read article below...
http://kl.chinapress.com.my/20201218/客åŽ...¦æ±‚屋主拆/
AskarPerang
post Jan 6 2021, 07:05 PM

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QUOTE(AskarPerang @ Dec 9 2020, 11:12 AM)
Unit sold at 528k just now.
Hahaha. Previously this unit at 500k but nobody interested. Drop price 10% then need to fight to win. As usual.

Anyway, got another lelong unit (neighbour unit) available in lelong too, auction tomorrow:
25-3A, The Annex @ Medan Connaught
Reserve price: 🔥🔥RM 495,000🔥🔥
Freehold
1141 sqft (dual key unit)
Auction : 10-Dec-2020 (Thu)

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

*
QUOTE(AskarPerang @ Dec 11 2020, 02:06 PM)
No bidder yesterday.
So will drop to RM445,500 next month in Jan 2021.

Unpredictable.  Seeing 495k maybe ppl feel still expensive and all rather wait to try at cheaper price.
Later end up fighting and sold at above 500k in the end.
Haha.
*
QUOTE(Jagalat @ Dec 11 2020, 03:35 PM)
Agree.. Later fighting at higher price..
*
QUOTE(W.ROOK @ Dec 13 2020, 04:11 PM)
Wow 445K? 1K sqft,dual key and freehold sounds a better choice compare to the opposite under-con leasehold and smaller size project(Aster).
*
Happen again and again. Dont know how many times need to tell the whole world.
495k nobody interested.
Drop to 446k today.

Attracted 6 bidders.
Sold at 516k in the end.

All noob. Didnt enter and grab unchallenged at 495k.
Jagalat
post Jan 6 2021, 07:19 PM

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QUOTE(AskarPerang @ Jan 6 2021, 08:05 PM)
Happen again and again. Dont know how many times need to tell the whole world.
495k nobody interested.
Drop to 446k today.

Attracted 6 bidders.
Sold at 516k in the end.

All noob. Didnt enter and grab unchallenged at 495k.
*
Maybe cheaper reserved price attracts more bidders...
Or maybe ppl like to bid baru ada satisfaction...
gate85
post Jan 7 2021, 11:41 AM

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QUOTE(AskarPerang @ Jan 6 2021, 07:05 PM)
Happen again and again. Dont know how many times need to tell the whole world.
495k nobody interested.
Drop to 446k today.

Attracted 6 bidders.
Sold at 516k in the end.

All noob. Didnt enter and grab unchallenged at 495k.
*
why just cheaper 10% than market price, still have people willing take it in lelong?
thought lelong might go to 30% only worth to take.
because need take risk for the lelong process and pay downpayment.
vinceleo
post Jan 7 2021, 01:24 PM

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Likely for this unit bidders are blinded by so call gurus especially the potential ROI, typical follow blindly bidders

QUOTE(gate85 @ Jan 7 2021, 11:41 AM)
why just cheaper 10% than market price, still have people willing take it in lelong?
thought lelong might go to 30% only worth to take.
because need take risk for the lelong process and pay downpayment.
*
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