No taker once again. Crazy cheap yet nobody interested?
New price as below:

B-01-06, Ceria Condominium, Persiaran Sepang Cyber 10, 63000 Cyberjaya
Reserve price 🔥🔥RM 332,100🔥🔥
Freehold
1195sqft (dual key unit)
Auction: Sep 18

It's time to bet on tis. It's below 300psf if someone can strike it at tis 332,100

BBB when Cheap Cheap Cheap

What is cheap?

Wait for my friend to declare cheap.
Already sold 2 units in 2012 and still waiting for burst.

The lelong frenzy in Cyberjaya just wont stop

other places (subang, PJ, MK and Kota Damansara) are selling btw 800 to 1000psf.....

whereas this cyber seem to be kostan and now 300psf in lelong also can get.

Value buy or otherwise, only the brave heart will go in.

Parking

Based on the news article you posted, only 2 sizes available (~710 and 753sqft), but duplex unit. Does it mean that size times 2? Or that 753 is already the total size?

753 end lot unit
710 intermediate unit

Is built up size. Lower level is length X width. Add with upper level effective length X width. Void double volume area is not counted.

House sold at 1,012,000 today. 3 bidders.
Still cheap?

Not expert but I did my research and found Garden Residence Semi-D to be the lowest in Cyberjaya. So the transacted price is fair in my opinion -not cheap for sure.

The lelong frenzy does not seems to apply much to landed houses, correct me if I'm wrong.

landed are naturally more expensive, and buyers are likely can tahan a bit longer as compared to highrises…...lower value hence attract more investor wannabes.

but this GR already vped for some years already and now baru masuk lelong. Sign of owners don't care already, just masuk lelong and lets the bank find a buyer.

Does it mean a person go bankrupt when bank lelong his unit? If that’s the case I’m more concerned about the rising rate of bankruptcy than those depressed properties. Chewing more than one can bite or simply due to greed in the first place.

if you take a property loan for 700k and default
bank auctions the property at 300k, normal loan doc would state borrower would have to make up the difference in price.

when the borrower can't pay up the difference the bank can file for bankruptcy since the property has been auctioned off already

This post has been edited by sam sam: Aug 21 2018, 06:53 PM

I think not necessarily bankrupt. As long as the borrower default on the loan, after certain months and notification, the bank have the rights to auction the property.

Even after the lelong if yr loaned amt still felt short n you cant pay, the bank will file for bankruptcy.

Thats why these days many young bankrupt persobs in malysia, mainly due to credit card debts.

wawasan 2020 by mahathir will coming in next two years?

King Henry VIII College looks beautiful.

https://www.facebook.com/375142052534210/po...66343616747372/

Why buy cyberjaya when you still can buy proper KL property?