https://www.freemalaysiatoday.com/category/...dering-ringgit/
M CENTURA @ JALAN SENTUL PASAR [OWNERS' THREAD], Desaria Property's former land Investment
M CENTURA @ JALAN SENTUL PASAR [OWNERS' THREAD], Desaria Property's former land Investment
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Nov 3 2023, 07:33 AM
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Junior Member
915 posts Joined: Dec 2016 |
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Dec 22 2023, 08:42 AM
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All Stars
23,145 posts Joined: Aug 2007 From: Outer Space |
Another lelong unit sold yesterday.
Size 850sqft. From 324K, sold at 350K. Good catch? |
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Dec 22 2023, 01:22 PM
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Junior Member
587 posts Joined: Jan 2023 |
KPKT should just re-classify this property into RUMAWIP and introduce targeted HOC by encouraging existing owners to sell at discount to B40 without stamp duty
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Dec 27 2023, 04:14 PM
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All Stars
23,145 posts Joined: Aug 2007 From: Outer Space |
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Dec 28 2023, 07:40 AM
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Junior Member
915 posts Joined: Dec 2016 |
new way to sell
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Jan 2 2024, 07:12 PM
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Senior Member
635 posts Joined: Apr 2010 From: Kuala Lumpur |
Question, I know it's a bit of dumb question but please bear with me.
M Centura Sentul, this is not under the "luxury" category of condo and the price is still affordable. But, but... After reading all of the lelong list above, why the hell on earth human want to buy the property they couldn't afford? Why? Again... I understand if it's above MILLION category, but this is mostly "average" around below RM600,000 and it's in the middle of KL. Why people want to take the risk of bankrupted? They are going to be blacklisted and couldn't make another loans... Right? Bank did lelong their properties. |
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Jan 2 2024, 07:56 PM
Show posts by this member only | IPv6 | Post
#1087
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Senior Member
1,117 posts Joined: May 2007 |
QUOTE(M_Shahrul @ Jan 2 2024, 07:12 PM) Question, I know it's a bit of dumb question but please bear with me. Ya quite dumb the questionM Centura Sentul, this is not under the "luxury" category of condo and the price is still affordable. But, but... After reading all of the lelong list above, why the hell on earth human want to buy the property they couldn't afford? Why? Again... I understand if it's above MILLION category, but this is mostly "average" around below RM600,000 and it's in the middle of KL. Why people want to take the risk of bankrupted? They are going to be blacklisted and couldn't make another loans... Right? Bank did lelong their properties. |
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Jan 2 2024, 08:17 PM
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Senior Member
4,821 posts Joined: Apr 2011 From: Kuala Lumpur |
QUOTE(M_Shahrul @ Jan 2 2024, 07:12 PM) Question, I know it's a bit of dumb question but please bear with me. what kind of question is this? M Centura Sentul, this is not under the "luxury" category of condo and the price is still affordable. But, but... After reading all of the lelong list above, why the hell on earth human want to buy the property they couldn't afford? Why? Again... I understand if it's above MILLION category, but this is mostly "average" around below RM600,000 and it's in the middle of KL. Why people want to take the risk of bankrupted? They are going to be blacklisted and couldn't make another loans... Right? Bank did lelong their properties. buying property is not risk free, of course there will be risk involved |
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Jan 3 2024, 03:56 AM
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Senior Member
2,630 posts Joined: Dec 2020 |
QUOTE(M_Shahrul @ Jan 2 2024, 07:12 PM) Question, I know it's a bit of dumb question but please bear with me. At this price point, it’s pretty much base line affordability for many working class people. With Covid etc, many may have lost jobs and they simply do not have the holding power. The location isn’t the best and as a result demand might be limited. Don’t know if people are still living in 2000s land when any new property would either be cash flow positive or have capital gain right away.M Centura Sentul, this is not under the "luxury" category of condo and the price is still affordable. But, but... After reading all of the lelong list above, why the hell on earth human want to buy the property they couldn't afford? Why? Again... I understand if it's above MILLION category, but this is mostly "average" around below RM600,000 and it's in the middle of KL. Why people want to take the risk of bankrupted? They are going to be blacklisted and couldn't make another loans... Right? Bank did lelong their properties. |
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Jan 3 2024, 04:57 PM
Show posts by this member only | IPv6 | Post
#1090
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Junior Member
618 posts Joined: Jun 2020 |
Maybe they are job affected, life affacted, health affected, marriage affected or etc.
They should go akpk before the worst scenario happen, but in the end they just let bank auctioned their unit. |
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