Hehe... both also quite attractive. But KLSE stock is a bit volatile, need to be very careful. Let me do more research on their stock then i share will with you.

We are living in a fast changing world... things can happen overnight!

We are also living in a very sad world.... those with a bit of guts and integrity were all being crucified!

Today is KL and Selangor. Play abit only, still learning.

I think KL auction can go for buy and sale. Short to mid term. Nothing long term.

on Google map is 10km of travelling distance. If take direct distance should be around 7km.

This post has been edited by neonikson1: Jul 29 2015, 12:35 AM


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Haha... got lucky today, no contest, so managed to purchase a unit below market price.

Cool man! What package did u get?

How about your loan package?

Sure bro, i got a 1100sf (3R2B) condo in Sri Petaling are for RM300k. Market rate is around Rm400k.

Thanks! It's a bit of gambling to go for auction if the property is unknown, hence need to spend a lot of time and energy to check the details of the property.

I think basic touch up is needed, especially the toilet is a bit messy.

But overall is still acceptable.

Once cleaned up with simple furnishing, the rental of this unit can fetch around RM1800/month.

This post has been edited by neonikson1: Jul 29 2015, 08:07 PM

Is LACA.

Leasehold, Sri Petaling mostly leasehold property.

Luckily no one staying there, otherwise problematic!

This post has been edited by neonikson1: Jul 29 2015, 08:18 PM

Not sure yet bro, this is my first auction property.

But i will let my lawyer takes care of the title issue.

As far as i know, a lot of the condos in KL have difficulty getting individual titles even after many years of vacant possession. As a matter of fact, even the current one i am staying for more than 10 years still haven't got my title.

This post has been edited by neonikson1: Jul 29 2015, 08:33 PM

I have inquired with a few panel banks and checked my credits, i think the best i can get is 4.35% interest with 90% margin.

Emm... this is getting technical. I didn't expect to pay in cash of course... not that rich lah...

My lawyer told me even the title is not transfered, but as long as POS is signed it is fine. The property belongs to me, and bank will disburse the loan payment.

Oh... phase 2 finishing soon?

Sure bro, will update the progress as it goes.

Ya... is below market rate!
I wll see if i can rent it out for now, if can then i will wait for 5 years, just to get some rental income.

ELVINA official started Phase 3! Selling fast man! I uploaded the sales chart on 20.7.2015, just 60% sold on phase 2, 10 days only almost all phase 2 dah sapu!

This post has been edited by neonikson1: Jul 30 2015, 10:54 AM


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Haha... how should i know o... i am not their staff le...

Phase 3 is the block above the park. price for House facing house is the same, discount is now 3+2.