parkkkkk
Others Recommended listing of property auction / lelong!, all info you need to know inside......
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 Jan 1 2019, 07:18 PM
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Junior Member
287 posts Joined: Feb 2009 
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Jan 2 2019, 12:07 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space  
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Now this is called LELONG!!!
Unit thrown at 50% below market pricing. Market rate for 850sqft is at 500k. Can check subsale and also on brickz for record. But exclusive for BUMI only. D-02-03, Seasons Garden Residensi Lot 7, No. 7, Jalan 1/27E, Seksyen 10, Wangsa Maju Reserve price π₯π₯RM 240,000π₯π₯ Leasehold until 2111 850 sqft (3+1 rooms) Auction: 10-Jan-2019 (Thu) *bumi lot  |
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Jan 2 2019, 02:20 PM
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Junior Member
577 posts Joined: Apr 2011
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Nice bro, always excited to see you comment in Property Talk section.
Any landed units at south KV? Bkt Jalil, Seri Kembangan, Cyberjaya for non-Bumi. Thanks  |
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Jan 2 2019, 02:49 PM
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Junior Member
71 posts Joined: Jun 2013
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Good la! thanks for info.
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Jan 2 2019, 04:38 PM
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Junior Member
274 posts Joined: May 2006
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Wa so cool, I totally support AskarPerang make this thread!
If got time this quarter, I hope to kepo the auction houses and see what AskarPerang always post about. QUOTE(AskarPerang @ Dec 23 2018, 02:30 PM) Yes applicable for already got strata/individual title unit. Not neccessarily ah long but any person with interest can place a caveat on such unit. So you are saying its not stated in the auction details, but us people wanting to bid should all go to the land office for a title search for each property we are interested in?Therefore, for already issued strata/individual title unit, you must conduct title search at the land office to make sure the unit is clean from any of such stuff. These already got strata/individual title unit auction will be conducted at high court / land office. Not those auction by the private auctioneer.  Any other checks besides utilities n maintenance fees we should look into? |
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Jan 2 2019, 05:45 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(Zavia/GenX @ Jan 2 2019, 04:38 PM) So you are saying its not stated in the auction details, but us people wanting to bid should all go to the land office for a title search for each property we are interested in? Yes not all will be stated. Need to own do checking. Important stuff will be:Any other checks besides utilities n maintenance fees we should look into? 1. Caveat for individual / strata title property 2. Bumi / non bumi lot 3. Able to finance bank loan or not. Some property master title more than 10 years, developer bankrupt, those units will be hard to obtain any bank loan anymore. Or only limited bank offering loan. |
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Jan 2 2019, 05:59 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(torres09 @ Jan 2 2019, 02:20 PM) Nice bro, always excited to see you comment in Property Talk section. How about this unit? Any landed units at south KV? Bkt Jalil, Seri Kembangan, Cyberjaya for non-Bumi. Thanks Last week a unit sold at reserve price 531k. Win unchallenged. Let's see how a slightly lower reserve price will attract how many bidders? This unit is nearer to the park. Already got confirmed date now:  » Click to show Spoiler - click again to hide... « |
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Jan 2 2019, 11:41 PM
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Junior Member
577 posts Joined: Apr 2011
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QUOTE(AskarPerang @ Jan 2 2019, 05:59 PM) How about this unit? Thanks boss, a bit sceptical on Semenyih for own stay. But will keep an eye for that area. Last week a unit sold at reserve price 531k. Win unchallenged. Let's see how a slightly lower reserve price will attract how many bidders? This unit is nearer to the park. Already got confirmed date now: » Click to show Spoiler - click again to hide... « If buy lelong props can withdraw EPF? |
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Jan 2 2019, 11:44 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(torres09 @ Jan 2 2019, 11:41 PM) Thanks boss, a bit sceptical on Semenyih for own stay. But will keep an eye for that area. Yes, but still you need to use up own cash first to bid. If buy lelong props can withdraw EPF? After that only withdraw from EPF. Depending on your account balance, 90% loan, you can withdraw 20% of the property price. Here the form to fill up (yes got a special section for lelong/auction property in the form itself), can apply once you get bank loan approval of the lelong house: 
SSD_PMB_BP_D5_V022018_01032018.pdf ( 331.32k )
Number of downloads: 92 |
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Jan 3 2019, 10:10 AM
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Junior Member
577 posts Joined: Apr 2011
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QUOTE(AskarPerang @ Jan 2 2019, 11:44 PM) Yes, but still you need to use up own cash first to bid. So you mean if 500k property and I manage to get 90% loan = 450k, I can only withdraw 100k from my EPF account 2?After that only withdraw from EPF. Depending on your account balance, 90% loan, you can withdraw 20% of the property price. Here the form to fill up (yes got a special section for lelong/auction property in the form itself), can apply once you get bank loan approval of the lelong house:
SSD_PMB_BP_D5_V022018_01032018.pdf ( 331.32k )
Number of downloads: 92 |
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Jan 3 2019, 11:03 AM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(torres09 @ Jan 3 2019, 10:10 AM) So you mean if 500k property and I manage to get 90% loan = 450k, I can only withdraw 100k from my EPF account 2? Yes. Provided you got such amount of money inside. |
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Jan 3 2019, 11:26 AM
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Senior Member
1,037 posts Joined: Jul 2009
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thanks askar, nice compilations.
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 Jan 3 2019, 11:52 AM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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Cheap recommended lelong unit for this month (will be updated in the 2nd post, 1st page):
1. Central Residence, Sg Besi (non bumi lot, anyone can buy) » Click to show Spoiler - click again to hide... « 2. Damai Apartment, Seksyen 25 Shah Alam (non bumi lot, anyone can buy) » Click to show Spoiler - click again to hide... « 3. Mutiara Ville, Cyberjaya (non bumi lot, anyone can buy) » Click to show Spoiler - click again to hide... « 4. OUG Parklane (bumi lot) » Click to show Spoiler - click again to hide... « 5. KL Traders Square (bumi lot) » Click to show Spoiler - click again to hide... « 6. Lakeville Residence (non bumi lot, anyone can buy) » Click to show Spoiler - click again to hide... « 7. Bandar Sierra 16, 2 storey landed house (non bumi lot, anyone can buy) » Click to show Spoiler - click again to hide... « |
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Jan 4 2019, 03:51 PM
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Junior Member
108 posts Joined: Oct 2018
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Nice thread. Can I request listing around Sri Permaisuri / Bandar Tun Razak / Pandan?
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Jan 4 2019, 07:16 PM
Show posts by this member only | IPv6 | Post
#35
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Junior Member
195 posts Joined: May 2015
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Bro.. nice thread always follow ur jalan ampang comment...
Is there any good in Penang? Sorry bro if too far |
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Jan 4 2019, 08:54 PM
Show posts by this member only | IPv6 | Post
#36
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Junior Member
79 posts Joined: Mar 2017 From: 2120
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parking
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Jan 4 2019, 09:01 PM
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Junior Member
540 posts Joined: Jan 2008
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need to pay for snp agreement?
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Jan 5 2019, 02:50 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space
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QUOTE(WhiteFlag @ Jan 4 2019, 09:01 PM) need to pay for snp agreement? Yes need to hire lawyer to assist and do the Deed of Assignment. The lelong Proclamation of Sales (POS) is the S&P. The legal fees involved buying from lelong is slightly cheaper compare to buying via normal subsale method actually. |
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Jan 7 2019, 11:17 AM
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Newbie
12 posts Joined: Sep 2012
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parking
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Jan 8 2019, 09:30 PM
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Junior Member
237 posts Joined: Aug 2011
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Follow, where you have got those info lelong from?
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