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 Auction properties

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BooYa
post Dec 18 2018, 10:58 AM

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Theres one unit at KL traders square 940sqf , reserve price @ 378k.

and another one at residensi lakeville 978sqf @ 486k

any of this 2 unit a good buy?
BooYa
post Dec 19 2018, 10:14 PM

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QUOTE(AskarPerang @ Dec 19 2018, 04:35 AM)
Very likely both units will not have any bidder.
December end of year is dry season. Less ppl interested in hunting for houses.
Go holidays / prepare next year early year commitment etc.

Another 10% drop and re-auction next year time only will attract many bidders coz is too cheap. Price gonna end up higher than this current price. Haha.
Plenty of such cases. Ppl never learn.
omg.. should i just get both units tomorow lol. havent really do much research yet, might as well wait for next auction sad.gif

i tried to check transaction price on brickz but nothing came out for both property, weird
BooYa
post Dec 21 2018, 10:41 AM

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QUOTE(AskarPerang @ Dec 21 2018, 01:08 AM)
As per my prediction.
Both units no bidder today.
Come January next year only ppl will come out fighting when price drop further 10% cheaper. And price will end much higher than the price today.
Haha.  doh.gif
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Ya. really no bidder rclxms.gif will it be a good buy say both on reserve price next jan lakeville 340k and klts 437k or will it drop further?

This post has been edited by BooYa: Dec 21 2018, 10:42 AM
BooYa
post Jan 2 2019, 03:06 PM

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more and more good deals in auction nowdays, are we in recession? or heading into recession?
BooYa
post Feb 16 2019, 02:27 PM

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QUOTE(AskarPerang @ Feb 16 2019, 02:21 PM)
Another interesting case to share today.
Last month Jan auction at 648k, nobody interested.
Price drop to below 600k today, attracted 14 bidders. Haha.
No point guessing the price end up how much.
Plus this is not the only house from that area available in the lelong market, still got other choices.  doh.gif


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bidders got too much money.. likes to fight fight fight rclxms.gif

 

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