Where to find those lelong agents?

facebook page or askarpedang the forumer keep posting auction post he is auction agent.

Is the gym still empty as shown in Dr Pitchard's video 2 months ago

This guy's video shown the gym equipment:
https://youtu.be/CfSQlc9vk_s?si=XYGuuTOBlKUXKt0E

Okay more lelong units check in now. Only 2 sold so far.
Others still available. Waiting for price drop.
Another unit already at below 300K. Cheaper than rumahwip price. Should attract few bidders fight I guess.


Lelong unit from RC (leasehold until 2114):
1. A2-45-05, 1045sqft, reserve price 364.5K.
2. B2-27-13A, 845sqft, reserve price 285K, sold at 318K.
3. B2-26-09, 800sqft, reserve price 277K. Auction date: 20th Nov 2023 (Mon), 3.00PM
4. C-G-18 & C-1-18, 2959sqft (2 storey shops), reserve price 1.5M, sold at 2.31M.
5. B2-25-08, 800sqft, reserve price 342K.
6. A4-39-02, 845sqft, reserve price 387K.
7. A3-47-03, 1045sqft, reserve price 468K.
8. B1-27-13, 800sqft, reserve price 360K.
9. C2-37-07, 1045sqft, reserve price 420K.
10. A3-37-07, 1045sqft, reserve price 468K.
11. A-G-11 & A-1-11, 2863sqft (2 storey shops), reserve price 2.4M.

if only three or more units under RM300k to auction the same day then it will be even more attractive...

Got potential drop till RM250k? Or further till RM200k?

In my opinion, to drop further, there are a few enablers
(1) Multiple cheap auction units the same time, ie to boost the supply. Will banks do/allow it??
(2) No/few ppl willing to rent this place, ie low demand for rental. To compete amongst owners, lower rental will be introduced. This drives potential auction bidders to think thrice
(3) Interest to go higher

Once below 300K sure to attract bidders already.
The lower the price, the more bidders will come. So no point also actually. Price will end back up to 300K.

below 300k ready to being grab edi...already cheaper then Rumahwip....

There are a few 800 sqft in the listing. Collectively bidders can sink it below 300.

1 unit bidders will fight. Multiple units of the same, just sink it

This post has been edited by jojolicia: Nov 7 2023, 03:35 PM

As long the price is right, not matter how worst the project, people will still in.

not sure so far any worstest auction unit never bidden by people?

Below the commercial shop lot mcm not bad the business.
Can sustain with so many units on top.

50% occupancy rate will be 2700unit x 3 bedder
8100 people on top of the project.

Even selling chicken rice everyday serve 400 people can earn a good income for a family already.

What are the options that are currently available?

Saw many shops below hang up signage... and also banner... which some deteriorated the building image... within few months after VP...
The banner with buy FON here is super ugly...

compare to deteriorated the building image, residence will more care about the convenience. Once all the shoplot open its can be a self sustained residence living area. Can get everything and settled everything within walking distance?

Yeah it will be peak, chaos, as too much people at this area, but every project is the same, enjoy the pros, received the cons.

two mamak start operating this week.quite crowded in the morning

for any people still consider open a business at Razak City, can refer to OUG parkland. Totally same concept and the check how OUG parkland business traffic and how the business doing well or bad.

So how OUG parkland business? Doing well or bad?