Ok measured to wrong station. My fault. It's 100m measured on map.

This post has been edited by puchongite: Jan 4 2019, 10:50 PM

Expat = majority Arab.
Many can be found here and also the places you mention around Wangsa Maju.

got chinese, korean, russian too..
now so many arab dy?

Either same owner or group of flippers bought together ?

AskarPerang already said they are different owners.

A group of flippers may invest together, but auction also auction together ? LOL.

Seri Maya not that new. Those who bought 10years ago would have gained even with current auction prices and current rental can cover mortgage (I know of one unit which was renting 4k a month at that time) So when were these units bought?

2010 or slight earlier

during the start of bull run....

Now this is a surprise.
No bidder last month. Wow.
Maybe due to bank not covered the outstanding charges. One of the rare bank that wont cover, majority other banks will cover.

C-08-13, Havanna, Seri Maya Condominium
Reserve price 🔥🔥RM459,300🔥🔥
1399 sqft, 1 Car park
Freehold
Auction: 18-Jan-2019 (Fri)

wow! 1399sf is pretty big. at 450k really a steal

13 bidders just now. 1 bid increment 5k. Sold at 560k.
Hahaha.
Nobody check last month price for this unit at 510k only? All noob bidders today.

This behaviour is really bizarre.

Maybe year end they were on holidays ?

So fast got yet another cheap lelong unit available from here.
As usual below 500k only people will open eyes and become interested.

H-01-01, Lanai IV, Seri Maya Condominium
Reserve price 🔥🔥RM486,000🔥🔥
1237 sqft, 1 Car park
Freehold
Auction: 15-Feb-2019 (Fri)

Recap all recently sold lelong unit here:
1. 1179 sqft unit sold at 502k. 1 car park
2. 1378 sqft unit sold at 550k. 2 car park
3. 1399 sqft unit sold at 560k. 1 car park.
4. As above......

attractive yield but probably need some maintenance at this aged building and also limited upside for capital appreciation considering the age again, and the generous oversupply in nearby jalan ampang

10 yrs old condo you already called aged building?????

wonder how many of those current launched condos will be aged in coming years???????

1400 units in 16acres....you wont find condo like this anymore at this DNA. the only problem is carpark or lack of it.

at 10 years old most condo units interior due for refurbishment. not very likely to get a newly renovated unit in lelong.

sorry to burst your bubble but carpark isnt that big a deal if you are familiar with this condo and its surroundings ie kampung warisan, one jelatek punya tenant profile. many carless or 1 car expat families.

am more towards ownstay…….or rent to locals...…


one cp lot is a big no no especially for 3bed 1200sq unit.

Most condos start getting tired once they are 5 years and old upon 10 years. Wear and tear, older design and layout plus the facilities tend to be tired and worn out.

In some areas a condo becomes old even sooner than that, can be as soon as a new building is built next to it. Certainly the case in most parts of Bukit Jalil and MK.

Most condos in the FT only came with 1 carpark as standard. The building code and town planning ordinance allows this peculiarity. More than 1 carpark usually for bigger units only and it wasn't unusual for there to be no carpark for some units as well.

One car park is really tough for family. Many of us have more than 1 car to be practical. Even we can use MRT/LRT but most have to use Grab to reach final destination, hence the cost may not be cheaper overall.

2 bidders fight today.
Unit sold at 498k.

Recap all recently sold lelong unit here:
1. 1179 sqft unit sold at 502k. 1 car park
2. 1378 sqft unit sold at 550k. 2 car park
3. 1399 sqft unit sold at 560k. 1 car park.
4. 1237 sqft unit sold at 498k. 1 car park.

Is not the last lelong unit here. More to come.

Strange so depressed lelong.
Seri Maya the subsale demand and price drop so much?