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Auction properties
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leodinouknow
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May 1 2019, 01:51 PM
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QUOTE(DirectorLee @ May 1 2019, 12:07 PM) Lol, so much work for the rental income. emotional stress + time on going here and there + argument with the tenant. ok la, money go in bank account time, everything worth it
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leodinouknow
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May 1 2019, 09:45 PM
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QUOTE(icemanfx @ May 1 2019, 09:10 PM) If timing is critical in property investment, why you still encourage other to buy when on downtrend and supply>demand? Not enough naive BBB/uuus' blood on your hands? Fearful when others are greedy and greedy when others are fearful. *warren buffet
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leodinouknow
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May 4 2019, 03:52 PM
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QUOTE(TOMEI-R @ May 4 2019, 04:26 PM) Can you explain how the syndicate works? I mean if the buyer registers but don't bid until higher bidding price than the said syndicate, then the house will be sold to the syndicate too right? All buyers should have it very clear in mind what price they are willing to pay rather than follow their emotions when purchasing lelong units. something like iphone selling 1000usd, but got people offer at 600usd starting bid and will sold to highest bid. you attract at 600usd, you go bid, but will got someone keep over bid you. over bid you is not buyer, is internal group of seller cause seller dont want to lose money by selling you at the price. at the end, minimum bid will reach 900usd only seller willing stop and let buyer win
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leodinouknow
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May 5 2019, 10:56 AM
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QUOTE(AskarPerang @ May 4 2019, 09:29 PM) Another interesting story: stress case. if im buyer, get refund deposit and chao already
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leodinouknow
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May 7 2019, 09:37 AM
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QUOTE(W.ROOK @ May 6 2019, 09:23 PM) Wow, even with added rooms the owner failed to hold on to the property. No takers for the rooms? thats why not everyone suitable invest property. dont know strategic to rent out to minimise the risk. holding too many risk end up hurting self. except you cash rich able hold very long without tenant
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leodinouknow
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May 7 2019, 11:46 AM
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QUOTE(icemanfx @ May 7 2019, 10:48 AM) If there is acute shortage of supply, tenants may don't have choice but to accept partitioned rooms. Given supply>demand, unless there is a significant discount, why would one choose to stay in a unit with more people? you must havent been stay in theme room before, only one in the area. pay for it or go away This post has been edited by leodinouknow: May 7 2019, 11:46 AM
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leodinouknow
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May 25 2019, 10:01 AM
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QUOTE(rachel_xxx @ May 25 2019, 10:35 AM) if normal subsale, owner need to settle all outstandings? or buyer? by law is owner. but dont know if they got undertable thing as selling lower than reserved lelong. still very fishy case
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leodinouknow
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Jun 21 2019, 12:46 PM
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QUOTE(sai2 @ Jun 21 2019, 01:34 PM) Can someone pls post some auction beginner guide here for newbie. Like how to register, requirement, procedure, rules ? Can know whether the unit is vacant or tenaneted ? Must register which project you want to bid ? If you are the only bider, you must pay for the reserve price even you not bid ? preprare 10% bank draft, then follow auction specialist agent.... they will do all for you.. win only pay, lose then take full refund of 10% learn experience. experience is learn with body de, not by become keyboard warrior
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leodinouknow
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Jun 23 2019, 08:11 PM
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QUOTE(Jay_AX @ Jun 23 2019, 08:04 PM) to know vacant or not just go visit the property. which unit just ask the agent. rules may vary so everything else u can ask the agent. yes dont stingy fee on agent. buy their knowledge to your advantage
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leodinouknow
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Jun 28 2019, 10:57 AM
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QUOTE(se800i @ Jun 28 2019, 09:34 AM) yes correct... that is why i also mentioned tat this project is actually direct full monthly instalment. progressive interests is part of the normal interests that already calculated in the loan installment correct?> Please correct me if I am wrong. progressive interest is a bit only when bank out 20% for developer build the property, out more money pay more progressive interest. while your first installment start upon building complete. example you borrow 500k, you still start pay from 500k. progessive interest which you pay for maybe 2-3years never go into your monthly installment at all
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leodinouknow
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Jun 28 2019, 12:45 PM
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QUOTE(se800i @ Jun 28 2019, 01:15 PM) I thought the progressive interests will be reduced our overall interests in the loan? i also thought my property value will double up in 3years time frame. expectation is far from reality bro
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leodinouknow
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Jul 1 2019, 11:37 AM
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QUOTE(se800i @ Jul 1 2019, 10:20 AM) i am wondering too...... so not suitable for Airbnb la.... since mostly people is long term tenant.... yeah. IT company being stagnant lately ... Not sure why?? Maybe due to slowing down in the market... But I believe that Cyberjaya will boost up very soon if financial crisis is over or some policy announced by government later that benefit the local market.. BIG MAYBE...
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leodinouknow
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Jul 30 2019, 11:29 AM
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QUOTE(hytan @ Jul 30 2019, 12:12 PM) Market sentiment is improving? Why they want to buy lelong units when there are many new available from developers with rebate plus incentives from gov? of course lelong more cheap lohhh
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leodinouknow
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Jul 31 2019, 12:21 AM
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QUOTE(Thasmita @ Jul 30 2019, 05:58 PM) Not necessarily - I have seen many bidders who get emotional and bid at prices higher than market. higher than previous round. not higher than market price for subsales or virgin unit price.
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leodinouknow
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Sep 4 2019, 02:08 PM
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QUOTE(AskarPerang @ Sep 3 2019, 11:40 PM)  Source: https://www.thestar.com.my/metro/metro-news...l-ibs-treatmentLaunch at 42k rumah selangorku sold in the lelong market today. Ground floor unit. Non bumi lot. Brand new condition. Attracted 32 bidders just now. Here the final price: what the.... the ex owner must be laughing til to the bank. maybe purposely lelong it
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leodinouknow
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Jan 16 2020, 06:58 AM
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QUOTE(Asgaard @ Jan 15 2020, 11:37 PM) strata... management office tidur?  money under table
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leodinouknow
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Jan 18 2020, 02:04 PM
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QUOTE(nexona88 @ Jan 17 2020, 01:37 PM) Damn.. Was thinking only landed does this kind of renovation.. High-rise too?? Really respect to the buyer.. Me confirm won't buy such property... Unless I buy both 😑 actually a lot high rise do like this. become bungalow in the sky
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leodinouknow
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Jan 18 2020, 08:27 PM
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QUOTE(AskarPerang @ Jan 18 2020, 04:13 PM) Yes subsale selling for 150k market price today. Of course investors not qualified to buy those low cost unit via normal subsale method. would investor able to buy at subsale price with trust deed? mean loan under people name, but property 100% belong to investor name, while 0% to buyer name.
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leodinouknow
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Jan 18 2020, 08:29 PM
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QUOTE(nexona88 @ Jan 18 2020, 04:38 PM) Interesting.. Only saw in landed esp semi-D.. Buy both become 1  Now I know even condo / high-rise become like this... next time the surprise is on sea level
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