buyes market is back?? my foot....
buying in auction is a difficult and stupid decision....not easy..u hv 101 thing to worry about especially eviction, caveat, consent etc etc etc ...bad times like this even worse defaulters die2 dont want move

buy for investment in this kind of market is a big NO....is a torture to manage property and tenant
buy for own stay....well u can always rent thousand of choices...cheap and new...can always move to new ones by even paying cheaper rent
buy from auction lagi No...cos open mkt throwing price like crazy....view and bargain until u ngam....y TLG need to suffer buyinh auction

This post has been edited by Donald Trump: Mar 13 2019, 07:19 PM

Sifu Askarperang, do you know if the 2 units at Ion Delemen got any bidder yesterday?

While this is a sad story, this is also an account of greed. I used to be in oil and gas as well. And at the upstream side, as an inspection engineer with CSWIP 3.1U. I don’t think I earn anything less than her but I don’t go and buy 7 houses, instead I bought an agricultural land and just a condominium. I lost my job in 2016 and that’s when I make the move into IT.

So really, there’s no one to blame but herself, not even the economy.

OSRAM is currently cutting headcount and Renesas increasing production downtime (forced leave without pay), PayPal and WD Production leaving Malaysia. Better use on what is necessary.

This post has been edited by Harry_Bobinski: Mar 14 2019, 10:17 AM

personally anyone bought more than 2 properties in a year is GREED....nothing else.


buy 1 - ok....maybe its a good buy and possible good for ownstay

buy 2 - ok...maybe for investment


buy 3 - what is the reason to buy 3rd property in a year?????

you make it sound like that buyer is a sohai.

To be honest occupied auction house for me is a big no no. good luck to the buyer

Nowadays better not go for auction units...
The final pricing is crazy.. Not worth...

For higher priced ones, not too bad, like 800k+. Those I’ve yet to see anyone bid higher than the previous price except for very few rare occasions.

One of the recent ones is:

Mont Kiara Hijauan Kiara sold at Reserved Price RM 1.24 Mil today.
This unit with private left and lobby already vacant for 2 years and the Malay owner previously brought from Singaporean.
Bank had cover all the outstanding fees including utilities fees and RM 26k maintenance fees.
I would said it's a pretty GOOD DEAL!

Why u get so worked up, let the new fish swim inside let them try themselves. Nobody will listen cos always got ppl promote auction unit bloody easy like buy vege only.

One particular race already quota full so now hantam majority race one let them taste it

Same thing like all those guru, property up all come out Cari makan, property down shadow also cannot see

All lanjiao one la

woah... calm down..

~unite against racism~

but I agree about the property guru thingy... from nowhere they appear.. say all good thing.. many people fall for it

Well buyer market is back. Here is a better example:



The first lot. Dedaun Residences, Off Jalan Ampang.
Reserve price: 2.49M.
Attracted 4 bidders.

Sold at 2.89M.

You only lose a bit of time, a few ringgit if u lose the bid. But, if you are lucky and get a property 20-30% below developer price then the effort is worth it

No one is holding a gun at property auction forcing u to bid. You have a choice to bid and stop at the price you find that is reasonable.

I have personally bid and won a property (vacant) that is 25% lower than what the developer is selling after rebates (balance unit).

lucky u

from what I see now.. the current final price is above the previous round reserved pricing.. already few time I see the same thing happen..

example. previous round reserved is 320k. now final winning bid is 410k

Bidding for a property takes time and effort, very rare someone can bid and win a property first time (unless super lucky)

If there happens to be some sohai who bid too high for the property that u wanted, just sit back, relax and let them continue.

There will be another day or another property on auction later next week, next month or even next year.

with the number of young, inexperienced property buyer nowadays + overpriced property by developer, there will be a lot more property that will be coming to auction house every week or month

alamak school boy trick....askar if the mkt is so gd and auction rebut2...u no need to every other day post also got people ask and q up waiting for u to bring them there....
OUT OF 31....THERE WILL ONLY BE A VERY FEW GENUINE BUYER....ALMOST ALL CARI MAKAN KAKI....SOME LIKE VAMPIRE SUCK BLOOD...MAYB MORE LIKE BEGGER

but having said that...there will be some sohai belief in wayang2 alsoo amid getting less and less

opps i forgot...askar kalau tak dapat loan atau margin tak cukup boleh refund 10% tak???

more like kesian these people....dont know head dont know tail..masuk trap also dont know

i m not saying auction got no good deal but this bloxxdy country law(or should i say no law) to protect u.....all -ve u bear....bank, agent, auction house, lawyers, kaki vampire pocket money bye bye

This post has been edited by Donald Trump: Mar 15 2019, 06:57 PM

I am not askar bUt i can answer you.

No. Say bye bye to yr 10%.

For the 6th time re-auction back after successfully sold.

Newbie here. Would like to ask, if a unit if tenanted. Is it hard to chase the tenant away? Anythings that stop the bid winner to get them to move out?