Here's another interesting case.

no internal site visit allowed for auction properties, if you are lucky you get a nice one inside.

Probably yes but the main factor is nobody buying. Meaning you are seeing the same unit entering the auction market again and again and again.

Bayu Sentul probably worth looking at. Vacant unit. Reauction #7. First auction 750k. Now drop till less than 400k.

Im always check pricing on mudah & property guru, cause i got two property at there. Hmmm i try find back if the link still have.

What i know is the pricing lelong is attractive, but as i see the area, a lot empty unit for rent/sale.... only few unit occupy it even front row, middle & behind row i think no need to say anymore rite? Something like ghost town, maybe need 5-10years more for the area if you ask me.

My question is worth to buy it now to hold? Just for potential grow, cause i believe hard to rent out over supply

I will say dont touch jb property. A lot people burn hand. Except you got extra cash to buy and hold. Hard to rent out even advertise at lower than monthly installment loan

company acc lah.....

meaning houses for foreign workers (incl expat) on shorter term.

most companies are not in the biz in buying properties for their staffes.

am talking about the above case nia.....

who knows what happens in 4yrs time.

No economists ever accurately predicted the future.....

http://www.starproperty.my/index.php/artic...do-you-survive/

A very long article but interesting read

Can cari makan by telling serious bidders to pay me RM5K so I won't bid also ?

Tomorrow going for auction for first time. Have some questions.

I bought bank draft for the auction. Let say, 1 hour before the auction, I have a change of heart due to whatever reason, will my bank draft be forfieted by the bank?

I registered through an agent (auctionlist.com.my) for this auction.

Haha these days the more famous the developer the less profit u make.
For own staying, yes, you should choose the best developer u can afford
But for invest, the biggest developers always charge a premium that there is "no meat left" for appreciation.

Both examples above: brand new virgin condition unit.
Can see the exposed wiring, nothing being fitted.
Is exactly the same like buying leftover developer units.

Is the new trend. Even you can find lelong house keys still with developer. Nobody come and collect yet.
Example: Galleria Equine studio auction last week below 200k. Below launching price.

and due to great insight, Ms Icy managed to sold off in 2012, reinvested all in FB. hence, she is now the 3% of the 3% 

Few crazy bidding video.
Morale of the story: Be smart next time. Enter when the price is not too low.
Possible buyer market is back also?

Maybe desperate n green ownstay buyers?

U guys should stop encouraging home buyers to get involved in auction.

Apa good for ownstay not good for investment statement.

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

Its about capital appreciation... not rental, u can nvr get rich by rental

I dunno how u invest, at 5% might as well put at FD.. ZERO risk.  Or everyday try my luck try to buy Amanah Saham Malaysia or Wawasan, Last year payout was 6%

Again almost zero risk and very little effort.