Lelong market is hot

This unit sold at RP last week. Single bidder win at 734,900.

Another unit also sold yesterday.
Unit A-12-06. Same unit size.
At RP as well 735k. Single bidder win.

wow why la so many lelong for this development?? so near KLCC yet reasonable or should I say slightly under the value??

Curious why so many lelong units for this condo?

delayed for so long already..all buyer die already haha
no la heard that a lot of foreigner buyer lo..
exterior looks bad

Anymore lelong can help share here pls ?

Crest Residency : Urgent / Fire Sale

http://www.propertyguru.com.my/property-listing/27942245

https://youtu.be/WqWma91Ygs0

Anyone interest, can PM me. Owner is willing to selling below his purchase price.

About here is the link of the advertisement in property guru and a video taken from the actual unit.

Unit A-12-06 re-auction again.
No idea what happen. Sold in Apr this year. Buyer failed complete the process.
Details as below:

A-12-06, The Crest Residences
Reserve price 🔥🔥RM 735,000🔥🔥
Leasehold
1182 sq.ft
Auction: 18-Jan-2020 (Sat)
*developer charging 2% admin fees for transfer. 2% based on the original S&P price (about 1M) of the unit = around 20k.

Anyone know the maintenance?

wah the developer really makan duit lo..why need to pay the developer since they already handover the property? is it because the title still under their name?
also heard that the developer is winding up..so what will happen after this?

it's RM 0.28 psf for maintenance and RM 0.03 psf sinking fund

2% amount is still way cheaper compare if you are required to go through double transfer process.
Strata title already issued. So those already done perfection no problem even if the developer bankrupt. But those yet to do may face problem in the future.

1 registered bidder on Saturday but refuse to bid and grab at reserve price.
Therefore, unit declared as no bidder.
Further price drop. Below 700k now.
Details as below:

A-12-06, The Crest Residences
Reserve price 🔥🔥RM 661,500🔥🔥
Leasehold
1182 sq.ft
Auction: 15-Feb-2020 (Sat)
*developer charging 2% admin fees for direct transfer. 2% based on the original S&P price (about 1M) of the unit = around 20k.

oh you have a unit there?? how to get the strata title? my friend's friend have a unit there..think 616 sqft

confirm the developer is winding up
will it be more lelong units?

I am new to this condo. But attracted by the entry price. Any idea why need to pay developer 2% after buying from CIMB? I thought CIMB suppose to pay all outstanding bill and 2%. Anyone can share their opinion? Tq for your advance help.

Attracted 4 bidders just now.
Sold at 675k. Still cheaper than last round reserve price.

Good luck to the bidder- If he use a bank loan then he will have problem getting the land transfer if the property developer is winding up.

Seriously?


So who to pay ?

Yes developer bankrupt.
More difficult to buy sell now unless the unit already done title perfection.


Anyway, lelong unit check in at below 600k.

A-13-02, Crest, Jalan Sultan Ismail
Reserve price 🔥🔥RM 595,400🔥🔥
Leasehold
1182 sq.ft
Auction: 29-Aug-2020 (Sat)
*title issued but perfection not done