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> www.brickz.my reflects Actual property value?, or loan amount only?

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langstrasse
post Aug 7 2021, 11:39 PM

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QUOTE(Drian @ Aug 7 2021, 11:50 AM)
It is transacted price , i know because the place i bought is listed there. Not loan price and all.
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Noob here - transacted price means S&P price, correct?

Meaning it can be the manipulated price (e.g. before cashback and all that rubbish)
langstrasse
post Aug 8 2021, 11:41 AM

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QUOTE(AskarPerang @ Aug 8 2021, 03:14 AM)
Yes S&P price which is actually not the actual market value of a place.
For subsale transaction, most likely is “mark up price” to bank valuation.

Good example will be:
Flora Damansara - units transacted at 300k.
Mentari Court - units transacted at above 350k.
If you been to both places, definitely you will know it is not worth such pricing.
And a quick check at For Sale ads, can see all ads selling at 100k++ below those pricing.
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Thanks for pointing that out and the examples smile.gif

QUOTE(StupidGuyPlayComp @ Aug 8 2021, 08:41 AM)
brickz,my only for subsale transaction.

new project transaction wont appear in brickz, so no "cashback and all that rubbish"
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Ok thanks I didn’t know new transactions are not included

 

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