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 Windows On The Park • WOTP @ Cheras South (V4), By Selangor Dredging Berhad

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wotpian
post May 18 2022, 09:06 PM

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All auctions in Block B.
wotpian
post May 18 2022, 11:42 PM

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GeoPark zone planning by Selangor govt at Hulu langat zone. Believe 1 of the entrance just next to Mahkota Cheras, not far from wotp.

https://jpbdselangor.gov.my/en/quick-links/...-langat-geopark

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alpha team
post May 19 2022, 11:29 AM

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QUOTE(AskarPerang @ May 18 2022, 08:43 PM)
Yeah this year itself 6 units sold.

Feb - 1
Mac - 2
Apr - 1
May - 2
1. B-03A-06, RP: 567K, sold at 655K. Feb.
2. B-05-06, sold at RP 635K. Mac.
3. B-10-07, sold at RP 635K. Mac.
4. B-02-07, RP: 572K, sold at 635K. Apr.
5. B-LG2-07, sold at RP 624K. May.
6. B-09-07, sold at RP 635K. May.
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wah so many .. jz wonder how come got ppl buy house and not able to pay installment end up taken by bank for lelong. if the person know that he cannot pay for the monthly installment, why would he just sit there and let the bank took it 3mths later. he got a lot of option like , sell off his unit at lower than market price with the help of agent, at least the price would not be so low as if auction by bank? for e.g. he probably can sell it off at RM700k ?? better than taken over by bank and only sell RM635k?


mini orchard
post May 19 2022, 11:58 AM

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QUOTE(alpha team @ May 19 2022, 11:29 AM)
wah so many .. jz wonder how come got ppl buy house and not able to pay installment end up taken by bank for lelong. if the person know that he cannot pay for the monthly installment, why would he just sit there and let the bank took it 3mths later. he got a lot of option like  , sell off his unit at lower than market price with the help of agent, at least the price would not be so low as if auction by bank?  for e.g. he probably can sell it off at RM700k ?? better than taken over by bank and only sell RM635k?
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Many properties that landed in auction will have little or no options due to lack of cash to settle the differential loan amount. Most borrowers would have borrowed max and plus overdue interest cannot match the market price. Banks will not give consent to buyer to redeem the title until the differential sum is paid.

This post has been edited by mini orchard: May 19 2022, 01:01 PM
JimbeamofNRT
post May 20 2022, 11:33 AM

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QUOTE(AskarPerang @ May 18 2022, 07:07 PM)
This unit sold just now at reserve price 635K.
Single bidder won unchallenged.
Good catch!
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This place used to be an old mining lake or something isn't it?
wotpian
post May 20 2022, 12:59 PM

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QUOTE(JimbeamofNRT @ May 20 2022, 11:33 AM)
This place used to be an old mining lake or something isn't it?
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Not old mining land. If mining land not that shallow. You can see example at mahkota cheras, the mines and puchong there.
wotpian
post May 21 2022, 12:00 AM

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Direct opposite wotp will be commercial lot and west lake central park. Overall more than 50% will be landed house.

This post has been edited by wotpian: May 21 2022, 12:08 AM
wotpian
post May 22 2022, 05:03 PM

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A new public school has built halfway at the bottom neck of the btho. But has been stop quite sometime. Any idea what happening?

This post has been edited by wotpian: May 22 2022, 05:07 PM
AskarPerang
post Jun 5 2022, 12:45 AM

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Opening of a lelong unit here:

https://www.facebook.com/573213159515269/po...ACSiI&fs=e&s=cl


https://www.facebook.com/reel/3188470894701598?fs=e&s=cl

This post has been edited by AskarPerang: Jun 5 2022, 02:12 AM
lollipopkan
post Jun 5 2022, 02:06 AM

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QUOTE(AskarPerang @ Jun 5 2022, 01:45 AM)
In the first link, there is a huge lake that can be viewed from that unit's balcony, may I know which lake is it?

Because when I saw from google map, there is no lake nearby wotp?
lollipopkan
post Jun 5 2022, 02:12 AM

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QUOTE(AskarPerang @ Jun 5 2022, 01:45 AM)
I think the first link is skyvilla, d'island residence, lbs condo project in puchong.
AskarPerang
post Jun 5 2022, 02:12 AM

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QUOTE(lollipopkan @ Jun 5 2022, 02:06 AM)
In the first link, there is a huge lake that can be viewed from that unit's balcony, may I know which lake is it?

Because when I saw from google map, there is no lake nearby wotp?
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Edited the post.
Sorry copy paste the wrong link.

Is now corrected.
wotpian
post Jun 5 2022, 08:31 PM

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Block B south view direct facing small plot of UDA land. Not sure what going to develop there.
wotpian
post Jun 13 2022, 01:19 AM

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OCR cheras south upcoming project. Location could be the past lumiere project which is next to wotp. Total unit 476 in 6 to 7 acres land size.

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post Jun 13 2022, 09:39 AM

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QUOTE(wotpian @ Jun 13 2022, 01:19 AM)
OCR cheras south upcoming project. Location could be the past lumiere project which is next to wotp. Total unit 476 in 6 to 7 acres land size.

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i always wondered what happened to Lumiere project. Abandoned, rupanya. hmm.gif
alpha team
post Jun 13 2022, 02:08 PM

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470 unit / 7acres = 70 unit/acre not bad
wotpian
post Jun 14 2022, 08:35 PM

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Artist impression of Lumiere project.
Consists of 3 blocks and garden villa units. Think may stick to the plan. Left is shoplots factory. Right is wotp and at the back is the landed houses and shoplots.

Good thing is with centralised langat sewerage project, developer now no need give out a land to build STP.

Believe surrounding existing STP will slowly remove.

https://www.langatsp.com/

This post has been edited by wotpian: Jun 14 2022, 08:50 PM
thudeva18 P
post Jun 14 2022, 09:15 PM

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QUOTE(alpha team @ May 19 2022, 11:29 AM)
wah so many .. jz wonder how come got ppl buy house and not able to pay installment end up taken by bank for lelong. if the person know that he cannot pay for the monthly installment, why would he just sit there and let the bank took it 3mths later. he got a lot of option like  , sell off his unit at lower than market price with the help of agent, at least the price would not be so low as if auction by bank?  for e.g. he probably can sell it off at RM700k ?? better than taken over by bank and only sell RM635k?
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Honestly RM 700k for an apartment in Cheras sounds crazy expensive no matter how big it is
wotpian
post Jun 14 2022, 09:23 PM

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1 of the garden the center park within the wotp.
LoTek
post Jun 14 2022, 11:18 PM

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QUOTE(thudeva18 @ Jun 14 2022, 09:15 PM)
Honestly RM 700k for an apartment in Cheras sounds crazy expensive no matter how big it is
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i dont think the absolute price is crazy. its the maintenance because of the size. i own two condos in cheras more expensive than 700 and half the size...

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