Bid of the day at HSBC mega auction today.
Yes people willing to wait for cheapest ever price, and all rush to bid up the price. Usual scene today. 
Here example of 2 cases:

-----------------------------------
Case 1:
This is the bid of the day!!!
Point #1: Facing cemetery view
Point #2: Owner still occupy unit

Let's see the history of this lelong unit first:

8th lelong - Rp 174,380 ---> Latest 27-May
7th lelong - Rp 193,760
6th lelong - Rp 203,960
5th lelong - Rp 214,690
4th lelong - Rp 225,990
3rd lelong - Rp 251,100
2nd lelong - Rp 279,000
1st lelong - RP 310,000
So reserve price down to 174,380 today. Guess sold how much.
Sold at 248k. What a surprise. So many months nobody interested suddenly today, ppl willing to bid up the price.
Dont understand. 

--------------------------------------------
Case #2:
Total 3 same size active lelong units in the market. All below 700k. This unit first to lelong.
The other 2 units details here: https://forum.lowyat.net/index.php?showtopi...post&p=92795794

4 bidders just now.
Sold at 780k. 

OMG!!! Buyer market is still very strong.
Not a good catch. Higher than last month reserve price. Why last month 740k nobody interested?