Most probably they no longer got any dealing here in Malaysia and head back to their own country already. Maybe.

Got Iranian owner of Villa Wangsamas unit at the auction hall before. He owned 2 units. Both enter lelong. First unit sold like 6 months earlier than the other unit coz under different bank. He attended the 2nd unit auction just to see how much the sold price. Very rare to see the owner of lelong unit very happy indeed his unit got sold via auction. Terbalik than usual. Yes he no longer staying here. Came back just to collect the money from his first unit.

big mistake.....

if this foreigner wants to owe another property in Malaysia again, min 1mil already, and the new gov is thinking of revising to 2mil.

Is the auction activity at Seri Maya higher than usual now ?
I wonder why there are so many at this moment.

Guess you are right. Very unusual high amount of lelong unit from Seri Maya at the moment.
4th lelong unit check in within this 2 months.

K-05-03, Seri Maya Condominiuim
Reserve price 🔥🔥RM1,000,000🔥🔥
2331 sqft,
Freehold
Auction: 10-Jan-2019 (Thu)

2331 sf on iprop there is one selling at rm780k only. Non auction. LOL.

https://www.iproperty.com.my/property/ulu-k...m/sale-6807093/

Furnished !

Some very big units up for grab

I saw in web site got students stay there.

But this biggie has too few bathrooms to be useful.

No idea any nearby students from which Uni or College staying there.
But many Arab family staying and also those rent per room/head one is targeting the working group around KLCC. Only few LRT stations to KLCC.

Is the auction activity at Seri Maya higher than usual now ?
I wonder why there are so many at this moment.

12xxsq one carpark

jialat….

I think these lelong units were not the 1st hand buyers.

perhaps many bought subsales earlier and now kena stuck with high loan but return so so????

Loan agreement of the 5 recent lelong units all signed in year 2010 or before. 2 foreign owners. 3 local owners.
Not sure bought direct from developer after project completed. Or bought through the 1st owner flipping after the project completed.

saw the asking rental rate dropping severly. now can get fully furnish 3 room biggie unit for about 2k. that is a big drop from the 3k rental it used to get during prime time.

Loan agreement of the 5 recent lelong units all signed in year 2010 or before. 2 foreign owners. 3 local owners.
Not sure bought direct from developer after project completed. Or bought through the 1st owner flipping after the project completed.

I believe there are still demand even if rental drop to RM 2k given the walking distance to Putra LRT. The only unfortunate thing is to those who bought at high price during its prime subsale market. Since as of now, property along MRT is entering the market with good specs at pretty much the same rental market, but new.

yes expat still love that place, cos super near to lrt.. not sure whats the tenant mix there now.
as i know lots has relocated to seri riana, nicer facilities 
but mostly those with cars, cos further from lrt. Seri riana on another hand can walk to wangsa walk, which their wifey can spend their time there when husband is working 
but i suppose rental will further go down when wangsa 9 and hamilton complete

How near is near ? I check google map is it 600m. That's not super near.

How near is near ? I check google map is it 600m. That's not super near.