All the pictures are actually belong to the owner, he adv it in mudah, iprop, etc tried to sell it at 565,000 somewhere in April, May.

Dunno what this agent try to do by uploading nice2 pic, fake hype?

If the borrower had let go at outstanding loan amount in subsale, his losses would be limited. Bank will recover shortfall from him, not sure how he is going to live to fullest.

Same story?

Closest example will be Savanna Southville City and BSP 21.
Savanna Block D S&P price 500k++.
Lelong can get around 250k plus a little.

BSP 21 S&P price at close to 500k.
Lelong can get at below 300k.

Not 1 or 2 units. But many units to choose from.
Newly completed. Mostly still brand new virgin condition unit.

Ohh sifu

Where can i get info on past auction?

- if auction done and transacted price
- if auction was called off
auctionlist.com.my - need to pay RM 490/year to get data
- anyone here use it, any good?

As mention before, low cost unit lelong market, investors willing to buy at way above market value.
Coz investors can only buy low cost via lelong.
Here an example today:



KL address low cost flat.
Not near any LRT station.
Non bumi lot.
Attracted total 5 bidders. Sold at 214k.
Subsale value can get at 150k.

Yes subsale selling for 150k market price today. Of course investors not qualified to buy those low cost unit via normal subsale method.

12 bidders fight for bumi lot unit + required double transfer:
from reserve price 478k. sold at 630k.

Self proclaimed "teacher". I feel he's shallow on important stuff

Remember this unit?
Sold in Jan early this year.
Now re-auction again coz fail to transfer name to the successful bidder.
non bumi bought over bumi lot unit (not stated inside the POS, bank will not check this info for you).

Loss RM41 k.

Likely went in by himself

Agent wouldnt be getting anythg until the property is successfully sold, so there is absolutely no incentive for them to mislead