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Others Recommended listing of property auction / lelong!, all info you need to know inside......

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SUSAllnGap
post Feb 23 2019, 09:41 AM

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reverse parking for the good shit
SUSAllnGap
post Feb 25 2019, 11:31 AM

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QUOTE(AskarPerang @ Feb 25 2019, 11:12 AM)
Yup, will be updated once Mac listing of available lelong units are out.
Most units taken in the first page except for few units which will be re-auction at an even cheaper pricing in Mac. Cheers.
Thank you.
*
Hi bro,thanks for your efforts here.

Where can get a master list of all the lelong around ??

Thanks
SUSAllnGap
post Feb 25 2019, 12:40 PM

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QUOTE(AskarPerang @ Feb 25 2019, 12:36 PM)
--------------------
There's no one source to search for lelong property. Different banks. Different auctioneers. But a good place with free limited info to search is at:
https://www.lelongtips.com.my/
http://www.auctionlist.com.my/auction/index.php

--------------------
List of auctioneers official website:
https://www.ngchanmau.com/
http://auctions.com.my/
https://leongauctioneer.com/
http://www.ehsanauctioneers.com/
http://www.jtraj.com/
http://www.rajanauctioneers.com/
https://arenaauctioneers.com/
---------------------
*
thank you so much !!!

once i'm ready to hunt will look for your consultation services.
SUSAllnGap
post Aug 1 2019, 03:43 PM

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can help me check if there's unit at Scott Garden ?
Thanks
SUSAllnGap
post Aug 1 2019, 07:23 PM

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QUOTE(AskarPerang @ Aug 1 2019, 07:21 PM)
The Henge? Newly completed.
2 units in the market at the moment.
1100sqft and 1300sqft.
No unit from Scott Garden at the moment.
But got like 3-4 units from Verve Suite located just beside Scott Garden. All above 600k still.
*
Okay, thanks
SUSAllnGap
post Jan 11 2020, 11:15 PM

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QUOTE(malaysiathegreat @ Nov 19 2019, 11:57 PM)
How much cash u can afford to fork out if ur budget is 400k?
No cash, then chances are u can buy new launch which is not cash heavy.

Cash rich, then can consider lelong coz typically can get deal 20-30% below sub sale.

Most importantly, the location have to be good.
*
Actually now got a lot of properties below bank market value.

Good locations with mature residents (older projects) are hard to find in lelong, while the one which is really cheap location is not nice and mostly high density new projects.

Most of the properties can buy back to 2012 prices.
Even if lelong maybe get back slightly lower than launching prices only.
SUSAllnGap
post Feb 13 2020, 09:25 AM

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QUOTE(dkcheong1127 @ Feb 13 2020, 09:10 AM)
after i research a bit on auction, there have some case like before bidding, land search on the property got no caveat, but after won the auction and proceed to apply loan then saw there are new caveat on that property, you have any way can help buyer to avoid such situation ?
*
Thought banks will do all the due diligence ??
How can that happen ??

I see the biggest risk of lelong is that some title problems that cause 90% loan release to delay.
Then cause 10% deposit to be forfeited


SUSAllnGap
post Apr 23 2020, 10:32 PM

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QUOTE(Tavia88 @ Apr 23 2020, 10:18 PM)
For lelong properties, Bank would not do the due diligence. Its the buyer need to do their own due diligence. Its all stated in the Proclamation of Sales clearly that buyer bear their own risk. Thats the reason why alot investor say standby the cash if go for auction, in case unable to disburse your loan on time, can pay cash first, then once the caveat removed, can do refinancing.

Yes, even before auction checked no caveat, but once you bidded during transfer process can have a caveat if there is any private caveator with caveatable interest etc. it might happens.
*
sweat, damn risky if suddenly loan delay / title delay or caveat happens

 

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