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 Multiple Signs of Malaysia Property Bubble V20

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post Nov 28 2020, 05:55 PM

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Joined: Oct 2008
QUOTE(AskarPerang @ Nov 26 2020, 08:16 AM)
S&P price of this unit = 906k.
Defaulter owner took 80% loan. (78% out of 906k for finance, 2% for legal fees).
Mean loan amount is = 725k.
Owner making a loss of 450k here.

Monthly maintenance fees for this unit size is RM400.
Now at 9th round re-auction.
Dirt cheap price.
S1-30-01, SOVO, D'sara Sentral
Reserve price 🔥🔥RM271,200🔥🔥
Leasehold until 2112
960 sqft (end lot unit)
2 car park lot
Auction: 02-Dec-2020 (Wed)
*Vacant brand new unit
*BUMI lot
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*
Expected for those SOHO/SOVO and yang sewaktu dengannya.
Can't brain for those who bought those products.


 

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