Hi there sifu sifu, need some help here . may i know normally for hong leong bank which auction house they use ah ? how do i check their lelong listing

Waa... Can buy 600k condo by 300k? Looking forward!

Let's say person B buy the house through Auction from person A... End up, person B can't afford to settle the loan or can't pay the downpayment, would the house re enter auction at the B's purchase price, or start at market price again?? I guess shud be market price?

If person B B ady paid for 5 yrs instalment after won the auction but suddenly can't afford instalment today? Last reserve price 5 yrs ago might be too low for today market price??

Bro - need details of the transaction to answer why transfer can’t be done. Usually for auction unit state will not withhold consent. At least not in my experience.

Syndicates as I know are there To make money. Mainly to make money. Those days in 1999 - usually they target newbie- look as if many bidder then they Pau bidder some money then walk off from auction.

Nowadays mostly broker to negotiate deal amongst bidders. At the right price all the other bidders will withdraw and you ca get the unit at reserve price or something within a certain threshold - depends on the auctioneer also.

I do read housing policies and my father and many of my relatives also bought (actually the right words are entitled to buy) low cost housing.....it was 25k before....now 45k.

45k is low cost
Below 100k is low to mid cost.

89k is not low cost. Subsale 160k is not low cost.
If technically you cant buy then how come they bought? Using alibaba method?

I never bought low cost housing, never thought of buying low mid cost, prima rumawip rumah selangor.....in fact i rarely bought mid cost home or any home under 500k.....

But it is not for me to say who can or cant buy.....people make money from property is 100x better than robbing stealing borrowing without repayment, cheating and others.

98 or 95k 1st sold was not low cost fren.
Where did you get it was low cost?

Pls read gov policy.....dun simply assume.

Setia alam also got 3 projects sold at 95k 10 to 15 yrs ago n they werent low cost even though they were 5 storey walk up with no facilities. Open to every tom dick n harry to buy.
Some of my fren bought it. Flip for 135k to 150k.

Only when gov launched prima and rumawip they started to imposed conditions on subsales. Before that they werent any conditions on subsales for low mid cost apartments.

Once again another cheap lelong unit check in. Drop from 550k.
BUMI lot and possible owner occupied unit.

B-3-3A, 3rd Floor, Block B, Pangsapuri Bayu Sentul
Reserve price 🔥🔥RM360,855🔥🔥
Leasehold until 2089
1363 sqft
Auction: 22-Oct-2019 (Tue)
*BUMI lot
*Occupied unit

Another lelong unit available at cheap price. Expecting those that fail to win the last unit will aim at this unit.
From Green Block but this time is vacant unit.
Can bid up till 300k?

A1-28-12, Block A, Parklane OUG Service Apartment
Reserve price 🔥🔥RM 262,400🔥🔥
Freehold
950sqft, 1 car park
Auction:  22-Oct-2019 (Tue)
*Non bumi lot
*Vacant unit


Previous Auction(s) for this property
Auction Date  Price
2019-09-27  RM291,600.00
2019-09-10  RM324,000.00
2019-08-15  RM360,000.00
2019-07-29  RM400,000.00

At 5th round re-auction.

Oh the kawtim money is quite new to me. Always tot they share with client..
What if the properties got sold below client tu punya max bid amount. If the agent kawtim.

Hi guys,

Got a question. I am refinancing my house. But I just noticed that I didnt change my cukai pintu name to mine. Upon checking w the city council, it will take 14 days for the change to take place.

Since the lawyer requires me to have the latest bil of the cukai pintu, I just want to know if lets say I forge the docs to change the name into mine, will the lawyers double check on this? I kinda need the money for repair and cant wait 14 days for the name transfer. Waiting for the disbursment alone is a long period dy

Wow, i just know Hong Leong is  foreign bank.

How about OCBC?

Look at the top 12 property auction in the list, is there any with close walking distance to LRT / MRT station?