If not mistaken mostly big size units there. Check how much the maintenance fees you need to fork out monthly.

Speaking of entrance point this place is Uber/Grab driver nightmare. We don't mind dropping/picking up at guardhouse but to enter will cause jam especially peak hour. Only got 1 lane and is only a small guardhouse. Visitor/Resident sharing same lane.
But we all know many passengers paying peanut but expect drivers to be send right to the door step of their unit if can.

Try driving in to pick up. I would say is all down to the passenger attitude. Guard asking exact unit number to register apart from handing over your driving license. If the passenger is smart enough will info straight to the drivers. if not then you have to wait for the driver to start making calls at the guardhouse. haha.

Jalan Jelatek is not a highway. Is just a busy main road full with cars at all times. That's all.

Lanai III, Seri Maya Condominium, Jalan Jelatek, 54200, Kuala Lumpur
Reserve Price: RM 720,000【Market Selling: RM 776,000】
Built up: 1,237 sq.ft
Auction Date: 31-Jul-2017 (Mon)

The subject property is located on the ground floor of a six (6) storey condominium building w ith 2 levels of basement car parks known as Lanai III, Seri Maya Condominium at Jalan Jelatek in Kuala Lumpur.

Seri Maya Condo is conveniently located in Jalan Jelatek, off Jalan Ampang with 10 minutes drive to KLCC. The Jelatek LRT Station is situated just opposite Seri Maya Condo – the residents of Seri Maya Condo can reach KLCC in 15 minutes via LRT. For those who are working in KLCC, they will find Seri Maya Condo very convenient and easily accessible, either by car or by LRT. Hence, Seri Maya Condo has become an alternative to KLCC condo.

Accessibility:
🚗 5-minute to Giant Supermarket Setiawangsa
🚗 6-minute to AEON Big Wangsa Maju
🚗 7-minute to Aeon Mall AU2
🚗 7-minute to Wangsa Walk Mall
🚗 7-minute to Gleneagles Kuala Lumpur

Education:
- Fairview International School
- Sayfol International School
- Geomatika University College
- Sekolah Kebangsaan Setiawangsa
- SK (2) Taman Keramat

Seri Maya can be accessed via Kuala Lumpur-Ampang Elevated Highway and DUKE Highway.

Wow got even better deal this time.

BANK LELONG / BANK AUCTION / 银行拍卖
SERI MAYA CONDOMINIUM
Lanai III, Seri Maya Condominium, Jalan Jelatek, 54200, Kuala Lumpur
Auction Price: RM 584,000【Market Selling: RM 776,000】
Built-Up: 1,417 sq.ft
Auction Date: 29-Sep-2017 (Friday)

The subject property is located on the ground floor of a six (6) storey condominium building w ith 2 levels of basement car parks known as Lanai III, Seri Maya Condominium at Jalan Jelatek in Kuala Lumpur.

Seri Maya Condo is conveniently located in Jalan Jelatek, off Jalan Ampang with 10 minutes drive to KLCC. The Jelatek LRT Station is situated just opposite Seri Maya Condo – the residents of Seri Maya Condo can reach KLCC in 15 minutes via LRT. For those who are working in KLCC, they will find Seri Maya Condo very convenient and easily accessible, either by car or by LRT. Hence, Seri Maya Condo has become an alternative to KLCC condo.

Nearby Amenities:
🚗 5-minute to Giant Supermarket Setiawangsa
🚗 6-minute to AEON Big Wangsa Maju
🚗 7-minute to Aeon Mall AU2
🚗 7-minute to Wangsa Walk Mall
🚗 7-minute to Gleneagles Kuala Lumpur

Education:
- Fairview International School
- Sayfol International School
- Geomatika University College
- Sekolah Kebangsaan Setiawangsa
- SK (2) Taman Keramat

Seri Maya can be accessed via Kuala Lumpur-Ampang Elevated Highway and DUKE Highway.

I see the biggest issue is the need to change the guardhouse. No idea whether got space to revamp that or not.
At the very least need to have 2 entrance lane: 1 for visitor, and 1 for those with access card. Will always be stuck up once someone in front need to register to enter.

Jalan Jelatek no comment. Forever jam road.

Another cheap lelong unit check in. Strata title issued. Vacant unit.

P-02-07, 2nd Floor, Seri Maya Condominium (Phase 1)
Reserve price 🔥🔥RM422,820🔥🔥
1179 sqft, 1 Car park
Freehold
Auction: early Dec

Unit sold at 504k just now.
Higher than last month reserve price.
The owner got 2 units there. Suspect still own staying in the other unit and let this vacant unit go via force sale / lelong. Still make some profit out of it.

Video of the bid:

You have to log in to Facebook. Then refresh the thread again.
Should be able to view the video.

Probably just want to sell off the unit. And the fastest method is via lelong, bank "force sale".
Coz he will still gain earning after the transaction fully completed, eventough it is done via lelong VS the launching price he got the unit at.

This unit sold at 550k.
this month itself got 3 lelong units from Seri Maya.

Recap:
1. 1179 sqft unit sold at 502k. 1 car park
2. 1378 sqft unit sold at 550k. 2 car park
3. as below:

Now this is the last chance in 2018 to grab a cheap price unit from here.
Freehold + walkable to LRT Putra line.

C-08-13, Havanna, Seri Maya Condominium
Reserve price 🔥🔥RM510,300🔥🔥
1399 sqft, 1 Car park
Freehold
Auction: 28-Dec-2018 (Fri)

Yes. Overseas non local owner.

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.

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)

Agree. 1st auction price = bank valuation. Need wait a long time to fall to realistic lelong market pricing.

In slow market today really can find plenty of below market deal.
Assuming mark up is agreeable, can even get cash back out of subsale dealing.
S&P price 1M.
90% loan = 900k.
Agreeable selling price = 780k.
Cash out 120k.

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.

Now another Seri Maya lelong unit check in.
5 lelong units within Dec/Jan only.
Suddenly very high amount of lelong units. I wander why.

H-01-01, Lanai IV, Seri Maya Condominium
Reserve price 🔥🔥RM540,000🔥🔥
1237 sqft, 1 car park
Freehold
Auction: 16-Jan-2019 (Wed)

Guess need to wait 1 more round before got interested buyer since is a low floor unit.

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.

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