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Agent 45
post Oct 9 2018, 05:11 PM

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QUOTE(finger_waverz @ Oct 9 2018, 04:24 PM)
cost 250 psft sell at 700 psft

i work in the industry
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landed or highrise? 250/sqft including land cost, consultant fees, contribution, marketing and etc? hmm.gif
Agent 45
post Oct 10 2018, 09:17 AM

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QUOTE(gld998 @ Oct 9 2018, 10:08 PM)
I just bought at 150sqf? so means I got a very good deal?? icon_rolleyes.gif
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your 150/ft2 is low cost flat? have to see what types of property u bought and the location.
Agent 45
post Nov 25 2021, 09:38 PM

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hi all, for auction property, if developer allow for direct transfer of title, how likely is the process can be completed within 90 days, considering the fact that we are still dealing with the covid pandemic? because i read on previous post that land office might experience some delay in this period of time.

i am interested with a property up for auction, so i just get in contact with the agent that posted the ad and he will guide me throughout the process?
Agent 45
post Nov 26 2021, 10:07 AM

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QUOTE(michaelchang @ Nov 25 2021, 09:45 PM)
My personal experience, bid for a leasehold property in KL, direct transfer from developer as it's brand new unit before handover of key.

Very important to get an experience lawyer if u are getting a loan and must settle within 90 days.

I use a cheap lawyer but I buy cash for my properties so it's not a problem. The process took almost 6 months for me to get keys after settling all paperwork.
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The unit for auction is freehold, just VP on end of June but still with master title. Usually when to get a lawyer? After auction or before auction?
Agent 45
post Nov 26 2021, 10:53 AM

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QUOTE(Timmy Tan @ Nov 26 2021, 10:39 AM)
Direct transfer very likely to be able to complete within 90 days, but need to move fast with your loan application so that lawyers can also start their work. Now I heard land office already almost back to full force, just that they have backlogs to clear. Should be quite safe already unless another lockdown happens.

As for agents, I initially contacted one of the famous one with Facebook page that has a lot of followers, but he won't work and reply to messages during weekend. So I just called up a few other agents and choose one that I find most patient and courteous. So far so good with this agent and had 1 successful bid and unit opening already.
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Can you share what does the agent do throughout the process? How about agent fee? Pay by bank? notworthy.gif
Agent 45
post Nov 26 2021, 01:34 PM

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Attached Image
can anyone explain what does it mean by this clause?
Agent 45
post Nov 28 2021, 05:58 PM

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QUOTE(Timmy Tan @ Nov 26 2021, 03:11 PM)
Need to be careful also. Make sure developer is not in the midst of issuing strata title already. There are cases under master title, but after bidding suddenly finds out strata title just only issued, buta buta kena 2 times MOT.
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the developer is applying for strata title, the title might be out by early next year, what do i need to take note in this case?
Agent 45
post Feb 17 2022, 02:59 PM

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Anyone can explain what is a private treaty?
Agent 45
post Feb 17 2022, 03:21 PM

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QUOTE(mini orchard @ Feb 17 2022, 03:04 PM)
Subsale....where price concluded is not 'public' and tnc are agreeable to both.
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meaning private treaty = subsale? everything is the same as subsale?
Agent 45
post Feb 18 2022, 12:31 PM

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QUOTE(mini orchard @ Feb 17 2022, 03:29 PM)
Yes.
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i checked with the agent, he told me that it is a private treaty by bank, what does it mean?
Agent 45
post Apr 30 2025, 03:53 PM

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For non bumi lot but owner is bumi, is there any problem for non bumi to bid for the unit?

 

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