Anneh notice recently the past 1 year… pooperty lelong machem no more bullish…

price keep dropping lower and lower but no investor biting the bullet 🤔🤔

Example my old apartment, got a unit started lelong from rm300k reserve price until now no takers, drop into below rm180k price woredi still no taker.

Some more rental not bad can get rm1.4k. If u willing rent out to bangla/nepal construction/guard workers, the bos even willing pay rent up to rm1.7-1.8k…

So most poorpertyy investor that untung flip many poorperty cash have run out woredi ka? 🤔🤔

This post has been edited by max_cavalera: Dec 9 2025, 10:45 AM

me just bought a lelong apartment very2 near to my landed home last month... 741sqft, 3 rooms 1 bathroom, 1st floor - RM167k... CIMB bank lelong.
Gooding.

This post has been edited by CyberSetan: Dec 9 2025, 11:08 AM

maybe want buy first pooperty next year

good timing?

Noice. You take financing or paid full cash? Coz lelong gip only 3 months to settle everything right?

No monet have to buy overprice brand new pooperty from developer.

Got monet can play lelong game buy way below market vellu

been paying attention to some lelong for a while

maybe if see good deal at desirable location can bite bullet

How to get into lelong btw?

now bad market value, some property that lelong might look cheap and great deal, but once you in put in market sentiment, you know the price now will just go cheaper. hence people not entering the market. hell even gold is better bet

Property flippers padan mukak.

renting it out to foreigners basically means you just allowed them to destroy your unit

the rental and deposit will not be able to cover all of the restoration

Good luck play property now

U got cash?

Prepare 20% cash upfront for everything.. maybe 30% is better

Which include 10% deposit, then lawyer fee and stuff and reno, stamp duty upfront pay also

This post has been edited by Boomwick: Dec 9 2025, 11:24 AM

meanwhile US bising their house price 300-400k usd, while us selamba ja already goes to the millions. show how fakap property kena goreng in asian country.

I just bought 1 unit in setapak last oct thru NCM auction. 350k sole bidder. Previous owner bought new few years back 560k. Pity that guy even that become my gain. Life is hard for some.

Congrats bruh

If <200k sure got, which platform you go for viewing?

As more new development comes up ppl have more choices. Ex. Jalan Kuching side so many new dev, lelong price getting lower and less taker. Need to lelong few round for some

Lose it shine woredi eh?

Me loan 100% Bank Rakyat for RM158k for 20y. (minus initial deposit to join the auction 5%)
Rate is 3.7%.

So monthly around RM1015~

Rent hopefully will pay for it (with extra RM100+)...
Rental rate for apartment around my area is RM1200-RM1300.

walking distance to shops.

...so me slow2 pay it off...

This post has been edited by CyberSetan: Dec 9 2025, 11:39 AM

since last year the property agent keep pumping up the rental price.

My contract for rental property expire late last year they keep telling me market rate 30% extra bantai only. Already 7k per month, they keep tell me new TA all 9k.

In the end i settle for 7.5k for another 2 years. Reason? i go drive around the area, see the car/foot traffic condition. And how many shops with rental/sale banner. What i see is, rental 9k is wishful thinking for those agent. Of course they want UUU, they lose nothing and gain a lot. My shop empty 3 months i rugi 21k just like that. New tenant i need pay another month commission, and on top of that need take risk cos dunno what extreme imbecile i might get. No thank you lor. Now the rental collected is enough to offset my monthly installment and tenant paying on time never miss no sob story kasi chan type i happy enough. Dont be too greedy.

Luckily i go with my instinct. Cos right after new TA signed, the shop beside empty until now almost 6 months already. roughly rugi 45k just like that, because u want the "extra" 2k per month. totally not worth.