Surprising valuations of RM550k, when you check the current auction listing, reserves is at 378k for a semi-d
http://www.auctionlist.com.my/auction/inde...d=230915041530&Address : No. 1158, Jalan Hijayu 3/43, Hijayu 3, Bandar Sri Sendayan, 71950 Seremban, Negeri Sembilan
Category : Residential
Type : (Rumah Dua Tingkat Separuh Berkembar)Double Storey Semi Detached House
Tenure : Freehold
Land Size : 1,800 sq.ft
Reserved Price (RM) :
378,000.00Auction Date : 2017-01-23
Seremban is not ghost town, lotsa ppl live here, but not enough people for the price range currently those new houses are marketed at.
and the ppl (lotsa retiree's) who live here already got their own house, why spend 500k ?
Developer should just build a whole bunch of single storeys houses, these would be in great demand, but as all greedy developer they want to maximise profit
Just wait 5 more years, when it really turn to abandonded house, can consider buy it for the cheap, my retirement home
My target price for BSS would be 200+k for a DSL ,
some say it is a dream, but time will tell, just need to continue monitor the auction prices, where the true market value is determined, not some mumbo jumbo developer price
I would not buy a DSL, getting old, Single storey works much better for me, no stairs to climb
The so called semi-D is a double storey house from the land size 1,800 sqft we know, it look like a 22x90 DSL launching price around RM380K before discount in year 2013, anyway auction reserve price for sure lower than market price. This is not a good indicator.
RM200K for a double storey link house in BSS is very unlikely given weaking ringgit, increase of material, labour cost & higher compliance cost. If the price fall to RM200K that mean the overall economy is very bad, most people either lost their job and afraid losing job...