Last sekali, isu market value. Siapakah yang tentukan market value utk hartanah yang ada? REN? Lawyer? Youtuber? Tukang lelong?Penulis ebook? Selebriti fesbuk? Pemaju? Valuer? Bank? Caprice? Semua mungkin ada teori dan pendapat masing masing pasal market value. Tetapi bagi saya yang kita boleh pakai dan ada kegunaan, hanya dari VALUER dan BANK sahaja. Pendapat yang lain hanyalah pendapat sahaja yang tiada nilai dimata bank.

Never in the history of any property transactions in msia where banks can form an opinion on the value of a property and is NEVER their job in the first place.

not to be racist..but i wont consider that unit. keep searching other unit.

It's not subsale now competitive but too many amateur in auction property

The experience ones will only bid for properties that are at least 20% below subsale, but nowadays many inexperience people only look at SPA price and sometimes even bid with emotions.

still, a simple google will yield result on the estimate price  now in market. bidder failed to do due diligence and there's no one else to blame.

At 250 psf is basically paid for land price; with 18k sf, one could demolish and rebuild condo of >50m gdv.

Secret to auction is plenty of homework, discipline and acumen.

1. Not, caveat can be found at land search, so its totally preventable before enter the bidding hall, so its not consider cheating.
2. third party caveat is the most headache thing. mostly the reason like, family dynamic (inherit issues among family), Divorces case, illegal / loan shark / liability owner / LHDN caveat if not paying tax / etc etc.

Hi all sifu2 here,

got 1 question, if the auction unit we interested have TNB outstanding let's say 15K and TNB deposit paid by previous owner just 1k,

do we as the successful bidder have to pay to TNB remaining 14K?

or can directly change TNB to our name without paying single cents?

My case:
I have bid for this house back in October 2023. Upon signing my lawyer informed me this will be double transfer, even though I check in POS the strata title has yet to be issued (my bad i should've check with land office). Fast forward to after 90 days, my lawyer said still pending with auction bank's lawyer, they need to get their client's consent/instruction before proceeding. I don't understand why bank want to delay this part? I have been granted extension for additional 90 days until April 2024 without penalty but i'm getting restless with bank's delay. Appreciate your constructive advice.

Woah so inspiring 👏🏻 I sent email to their general enquiry address they have replied and asked for document. let's see if their officer can help me. If you have copy of your letter to CEO, would you mind sharing with me please? 🙏🏻 thank you!

where is the best source (without bleeding my wallet) to see the history of transacted auction price for any particular property.

Hi Askar perang, recently i win a bidding and the lawyer quote me Proclamation of Sale Legal fee & the standard loan legal fee.

Thought from your comment here mention no S&P, so legal cost will be lower? at 1st my impression is there wont be any S&P/POS legal fee related legal fee, only loan legal fees.

LACA, still master title

If high court auction no DOA, the legal fee is cheaper? no legal fee for POS/DOA ?

Lelong unit sold just now.

Attracted 20 bidders fight.
Crazy.
Size 947sqft.
From reserve price of 344K.

More than 100K++ increased in price.
Why last round everybody sleeping?

Sold at 455K.
Not a good catch.