If rental could cover monthly installments, most if not all qualified tenants would have bought.

Questions is how many and often?

Any semi Ds for auction in Cyberjaya ?

Symphony hills got 2 units. 2 storey semi D. Posted in that thread there. Different bank but same valuation. Drop from 1.7M.
Currently is at 1.24M.
Expecting to fall below 1M before anyone bids for the unit.

I'm Chinese, but am curious to know where are such bumi semi D units for auction ? Appreciate giving us the link please ?

what happened if u won an auction unit, later u find out the unit outstanding  maintenance fee a few ten thousand? 

who pays?

ahhh okay i got it now~ i tot its the buyer or renter making their own "auction" platform hahahaha!! 

I believe developer developer developer..good developer always can turn shit into gold..they must have clear direction to their masterplan, of course timeframe as well..if this location let other developer like Sunway develope it, today wil be different story..never dare to touch ytl property as they never have clear direction to their masterplan and timeframe to complete the whole township, their project appreciation damn low also..ppl buy their project is gambling and blind worship

thanks again @AskarPerang.

What should I do after I successfully bid for a unit? The before and during auction are kind of well documented in Internet and also book that I read.

But, the steps after I win? Do I go to lawyer first, bank for loan, or developer, or other things first?

Can you shed some light. many thanks first.

Freehold or Leasehold, developer must set aside a percentage of project for Bumi.

So if the property sold under Bumi and got auctioned, then only Bumi eligible to bid

Coz still under master title. Developer needs to fulfill and meet the quota. If oversell out to non bumi, later when want to get individual strata confirm will face problem.

base on my long experience , a condo with 10k monthly rental is better maintain than 5k, 5k is better than 2k, 2k is better than 1k, 1k is better than 0.5k. (due to resident/ tenant profile/attitude, building/fixtures quality  eg lifts, tiles, pipes etc

i can give u example if want

note; many high end condo is more than 80% rented out,  while PPR is more than 80% own stay
so majority rented out doesn't mean no good maintain, own stay doesn't mean good maintain

In lelong,
Hot property wont be cheap.
Cheap property wont be hot. Even buy it cheaply also rental cannot cover your loan installment. We are talking about lelong price here which is below launching price, you got it cheaper than all other owners there.

Example, lakepark residence. Rental market just RM1500.
Developer launching price last time 650k.
Lelong price can get at 400k. Will still bleed negative cash flow.
So is only good for own stay.

Another example, alam sanjung. Rental market just RM1200.
Developer launching price last time 400k.
Lelong price can get at 300k. Will still bleed negative cash flow. So once again this is only good for own stay.

u sure or not... why all my frends have above mil cash... sometime I feel I am damn poor...