Affordable homes now slowly entering the lelong market.
Investors not qualify to apply RUMAHWIP, RUMAH SELANGORKU, PR1MA, PPA1M? Need to find proxy, use other ppl name to apply?
Now worry no more. You can legally collect stock up those affordable houses via the lelong market. All under your name.

A-21-16, Residensi Pandanmas (RUMAHWIP)
Reserve price: 🔥🔥RM 280,000🔥🔥
Leasehold
850 sqft (no balcony unit), 1 car park
Auction : 13-Dec-18 (Thursday)


C-33A-07, Block C, Residensi Pandanmas 2 (RUMAHWIP)
Reserve price 🔥🔥RM350,000🔥🔥
900 sqft
Facing swimming pool & pandanmas 1 block
Leasehold
Auction: 21-Dec-2018 (Fri)


A2-17-03, Residensi PR1MA Alam Damai
Reserve price 🔥🔥RM 390,000🔥🔥
Leasehold
995 sqft
Auction: 28-Dec-2018 (Fri)


A-06-23A, 6th Floor, Block A, Masreca 19 (RUMAH SELANGORKU)
Reserve price 🔥🔥RM 290,000🔥🔥
850 sqft
Freehold
Auction:  28-Dec-2018 (Fri)


......more to come.

Affordable homes now slowly entering the lelong market.
Investors not qualify to apply RUMAHWIP, RUMAH SELANGORKU, PR1MA, PPA1M? Need to find proxy, use other ppl name to apply?
Now worry no more. You can legally collect stock up those affordable houses via the lelong market. All under your name.

A-21-16, Residensi Pandanmas (RUMAHWIP)
Reserve price: 🔥🔥RM 280,000🔥🔥
Leasehold
850 sqft (no balcony unit), 1 car park
Auction : 13-Dec-18 (Thursday)


C-33A-07, Block C, Residensi Pandanmas 2 (RUMAHWIP)
Reserve price 🔥🔥RM350,000🔥🔥
900 sqft
Facing swimming pool & pandanmas 1 block
Leasehold
Auction: 21-Dec-2018 (Fri)


A2-17-03, Residensi PR1MA Alam Damai
Reserve price 🔥🔥RM 390,000🔥🔥
Leasehold
995 sqft
Auction: 28-Dec-2018 (Fri)


A-06-23A, 6th Floor, Block A, Masreca 19 (RUMAH SELANGORKU)
Reserve price 🔥🔥RM 290,000🔥🔥
850 sqft
Freehold
Auction:  28-Dec-2018 (Fri)


......more to come.

there is no requirement for bid rumawip? for example first time home buyer only

if not wrong, it been remind in koyak condition? duplex without staircase? fully partition a lot room to fetch better rental income? also how many tenant now and izit is blackie tenant? single tenant per month $200 also tenant le😅

well no deny the price is very attractive

Rm200 per tenant will be tough business. But put in 15-20 people in 2266 sf, still have 3000-4000 per month. Comfortable enough for the price of rm300k property.

you is want cheap advertisment here?

if for sharing please not your face, but which property she win and at what price

hi sifu,

auction property non-bumi lot but bumi owner, leasehold.

can bid? transfer title, land office ok?
@AskarPerang

Leasehold property,
depending auction conducted where:

NON LACA (high court / land office)
meaning individual strata title completed.
non bumi can buy from bumi owner (non bumi lot unit).

LACA (public auction)
meaning still under master title or individual strata title yet to complete (beware the need to do double transfer)
depend on the developer. need to check with developer.
coz developer hold the title.
developer can still convert bumi owner unit into bumi lot if they suddenly oversell the project to non bumi and fail to meet the bumi quota.
for some project, maybe developer already paid up the penalty to the authority. meaning majority units already being converted into open unit. no longer got bumi quota.
So conclusion, only developer holds the answer to your question if the lelong unit fall under this case.

Hi AskarPerang, always heard of after bought the auction property already but owner don't wan to move out, really got such thing?

Affordable homes now slowly entering the lelong market.
Investors not qualify to apply RUMAHWIP, RUMAH SELANGORKU, PR1MA, PPA1M? Need to find proxy, use other ppl name to apply?
Now worry no more. You can legally collect stock up those affordable houses via the lelong market. All under your name.

A-21-16, Residensi Pandanmas (RUMAHWIP)
Reserve price: 🔥🔥RM 280,000🔥🔥
Leasehold
850 sqft (no balcony unit), 1 car park
Auction : 13-Dec-18 (Thursday)


C-33A-07, Block C, Residensi Pandanmas 2 (RUMAHWIP)
Reserve price 🔥🔥RM350,000🔥🔥
900 sqft
Facing swimming pool & pandanmas 1 block
Leasehold
Auction: 21-Dec-2018 (Fri)


A2-17-03, Residensi PR1MA Alam Damai
Reserve price 🔥🔥RM 390,000🔥🔥
Leasehold
995 sqft
Auction: 28-Dec-2018 (Fri)


A-06-23A, 6th Floor, Block A, Masreca 19 (RUMAH SELANGORKU)
Reserve price 🔥🔥RM 290,000🔥🔥
850 sqft
Freehold
Auction:  28-Dec-2018 (Fri)


B-3A-10, Pangsapuri Asteria, Bandar Parklands (RUMAH SELANGORKU)
Reserve price 🔥🔥RM 207,000🔥🔥
Freehold
850 sqft
Auction:  19-Dec-2018 (Wed)



......more to come.

Yes. It happened.

Always happen and it is pain in the ass to evict - at least 6 months of process unless you have illegal ways to do it which I don't condone.

So I always only bid when the house is vacant possession.

Always happen and it is pain in the ass to evict - at least 6 months of process unless you have illegal ways to do it which I don't condone.

So I always only bid when the house is vacant possession.

May I know what is the legal method that one can take after the 6 months? Sorry if i misunderstood

I would say is the same like chasing out your non-paying-rental-tenant.
No experience going through legal court process yet. As I would say is just easy to deal direct with the owner/tenant occupying the house.
Unless you really face such case keras kepala (stubborn to the max ppl) example as below:

I would say is the same like chasing out your non-paying-rental-tenant.
No experience going through legal court process yet. As I would say is just easy to deal direct with the owner/tenant occupying the house.
Unless you really face such case keras kepala (stubborn to the max ppl) example as below:

Anybody has tried the "friendly" way, eg giving the ex-owner a sum of 5k or something for him to quit, or find him a new rental location and pay him his initial deposit+first month rental ?

Would it work or would it make thing worse (he might ask for more ) ?