company acc lah.....

meaning houses for foreign workers (incl expat) on shorter term.

most companies are not in the biz in buying properties for their staffes.

Questions is how many and often?

am talking about the above case nia.....

who knows what happens in 4yrs time.

No economists ever accurately predicted the future.....

Economist doesn't need to and couldn't predict the future accurately because economy, politic, etc change constantly.

However, from available data and understanding of consequences of economic policy, economist could project likely outcome e.g current property over supply, rising bank interest rate and liquidity tightening was foretold a few years ago.

Selected auction units from HSBC to grab when everyone probably still busy celebrating CNY. Once a year, this is the best period to BBB a unit at super cheap auction price.

Date: 22 Feb (Thursday)
Time: 3PM


1. 10-25, Menara U @Seksyen 13, Shah Alam
Chinese owner. Non bumi lot.
527sf, 10th floor, 2R1B



2. A-32-7, The Elements@Ampang
1432sqft Auction: 22/2/18 Freehold



3. Launching price 460k in 2013. Auction price today:
01-05-07, Verdi Residence@ Symphony Hills, Cyberjaya
700sf 1rooms 1baths, Freehold, BUMILOT



4. 2-26-09, M-City@ Jalan Ampang, KL
1653sf 3+1rooms 4baths High floor, Freehold.



5. B4-7-3 Mirage By the Lake, Cyberjaya
1009sqft Non bumi 2 carparks Freehold

Good info

Malaysia real estate is screwed this time --> https://finance.yahoo.com/video/mortgage-ra...-195800789.html

We will follow suit. One more rate hike this year, and some more next year.

wow so enticing, too bad no bullet

play auction the cash outlay is huge mang

deals all seems delicious

all high-rise, not very enticing to me.

Again the so call Bank valuation price on first bid are mostly inflated.

You thought you have 30% discount on round four but in reality it is probably much less. High cash outlay, no viewing opportunities make auction risky.

Do your homework, alot, and not only look at the disount from so call MV.

Landed also got. Depend which area you aim.
Million dollar landed at Cyberjaya can get below 1M via auction.
Newly completed project at Puncak Alam or Rawang can get price below launching price in auction. Such as M Residence 2, MKH Bandar Hillpark, Lowyat group Garden Height, etc.

dont simply say and pretend dumb here, read the tread, people are catching dead chicken here for those auction after VP. below launching price and can view because the dead chicken very 'Fresh'......Fresh dead chicken to catch, don't miss the opportunities.

do your homework before comment.

This post has been edited by Nikmon: Feb 16 2018, 06:33 PM

Yes, opportunity aplenty, if you have the money.

Dear Friend,

The thread is "Auction Properties" and not "Auction Properties that newly VP"

I am sharing my view and experience. If this annoy you, not sure why, please ignore me.

just check auction unit shared here, all are in great discount, which one not real, which is inflated price, simply comment without fact...

just want to let you know what is reality and stop dreaming...

Again my comments remind people to be cautious of the first round price, which suppose to be the so called market value of the said property.

But if one do more homework this is not neessarily true.

I do dream and at the same time do my best to understand the reality by reading more. Auction property is great but do your homework to minimize the risk.