Another rock bottom lelong unit check in.
More than half price below launching price of this unit size.
Buying a 3 bedroom unit at below studio unit pricing.

T1-15-07, Third Avenue Cyberjaya
Reserve price🔥🔥RM 297,000‬🔥🔥
Freehold
982 sqft, 2 parking slot
Auction:  27-Aug-2020 (Thu)

Loan moratorium may have improve borrowers cash flow but liability remain unchanged and even increased.

is kind of difficult to communicate with, especially when u ask and reply with ur imagination.
No one can beat you other than god.

If you have housing loan, suggest you to find out more from your bank before making ignorance comments.

Aiyo until now still argue, fact is property prices downtrend will continue at least until end 2021/early 2020. This is an unavoidable and undeniable fact.

However, for those DDD that think prices will CRASH...you can wait long long la. Prices will not drop to pre 2009 prices. Most likely we will see 20-30% drop from peak prices during 2016-2017 on average. Less desirable or areas with longs of overhang units like cyberjaya, semonyet, “KL south” etc might see drop up to 50% (not including landed yea...landed I think should be up to 30%).

Landed in KL and other hot areas like certain parts of damansara, kepong etc max also drop by 20%.

Got this official data from napic that shows residential house price value has fall by:
14.3% yearly (Q1 2019 to Q1 2020).
20.4% quarterly (Q4 2019 to Q1 2020)

Come comment if not rugi


source
https://napic.jpph.gov.my/portal/web/guest/...1&fileURI=11779

is kind of difficult to communicate with, especially when u ask and reply with ur imagination.
No one can beat you other than god.

total property transacted
Value:
2018: 140b
2019: 141b
Volume
2018: 313,710
2019: 328,647

Comparing Q1 2019 n 2020 (jan & feb, March n april is MCO)

Why you quote this? This is just volume. Doesn't say anything about price

when the value drop is more than the volume. what this means ?

No bidder. Drop 10% in price.
Is now the cheapest ever reserve price for this size unit. (Biggest size unit here at Verve OKR).

B-09-08, Block B, Verve Suite KL South
Reserve price 🔥🔥RM459,270🔥🔥
Freehold
875 sqft
2 car park slots (but tandem arrangement)
Auction: 27-Aug-2020 (Thu)

Lelong sifu and his student set benchmark for 1000++ sqft (3 bedroom unit size) at 460k and 480k respectively.
Now will still have similar size unit dropping below below 450k.

12 active units in the market at the moment:
Grab wisely.

1. T1-02-09, 1054sqft, RM430,467.
2. T1-09-06, 1055sqft, RM425,153.
3. T1-31-09, 1052sqft, RM472,392.
4. T1-3A-09, 1039sqft, RM478,297.
5. T1-05-09, 1047sqft, RM519,631.
6. T1-20-06, 1118sqft, RM590,490.
7. T1-07-09, 1056sqft, RM531,441.
8. T1-10-06, 996sqft, RM579,271.
9. T1-29-06, 1141sqft, RM612,000.
10. T2-23A-01, 1121sqft, RM590,490.
11. T1-18-09, 1039sqft, RM640,000.
12. T1-07-02, 791sqft, RM600,000.

Why majority from Tower 1? First phase buyer or?

Lelong unit check in. Bank value at 780k (first round reserve price). S&P for this unit size starting from 933k.
2nd round, drop 20% straight, details as below:

S-31-09, Idaman Robertson
Reserve price 🔥🔥RM624,000🔥🔥
Freehold
646 sqft (Type L)
Auction: 29-Aug-2020 (Sat)

If you have housing loan, suggest you to find out more from your bank before making ignorance comments.

sharp drop after 2015

Why???

The unit at cyberia auction on 8/8 @ 166k  taken d?

Attracted 12 bidders just now.
Unit sold at 210k.

Attracted 12 bidders just now.
Unit sold at 210k.