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.

My aunt low cost apt in semenyih also no takers for many years. Brand New no one lived before. End up decide to rent it out.

Here is a portal - many properties for auction -

https://ebiz2.lppsa.gov.my/PortalLelong/index.php

And it's also difficult to collect rentals from them.

depending who you rent it to

if it's the boss, they will pay the rent
but if you rent directly to bangla, that i'm not sure

but in both cases, they will NOT take care of your unit for you at all

Some bosses also have the same issue.

Salary rise, food price increased, economy bad, daily expenditure increased, bad debt. Thing process getting more complicated.

need ask the tupai profile pic guy come in for lelong topic

No matter who also same for local. Bangla? Expect slump unless you hire someone to guard&lead them

Lol. What happened to Klang? occupied 90% of Selangor auctions, especially "Pangsapuri Villamas".

Tq bro. For own stay. But now everyday headache 65k cash already / will be spend even before move in. Depo 10%, S&P, lawyer, stamp duty, evaluator, outstanding maintenance, transfer name fee... Some of it I dont want to add in to the home loan. Sure need another minimum 25-30k to make it liveable to move in.

This post has been edited by agigas07: Dec 9 2025, 12:02 PM

tiada wang punya kes... of course bank will lelong their house if kenot pay...
same as cars/motors - kenot pay, bank confiscate, lelong~

gooding for potential bidders~ low2 price.~

When it comes to property the mantra is always location, location, location

So if a lelong unit becomes available but location sucks...no surprise if no takers

On the other hand, if location is great...you'll find the price jack up easily

mesti plan kasi harga jatuh macam durian runtuh. old house sale from 300k to 600k baik beli baru.

Most of the lelong units nowadays the owner still staying in it, less and less lelong units are empty units. You just don’t take risks with units where the previous owner still staying. Too madam to get them out.

Make sure unit is empty also if not confirm headache

Go to any auctioneers website, contact them for proclamation of sale, then go do all your land office checking and other checks then prepare 10% backdraft to auctioneer

20% is really really cutting it close. 25-30% better

A lot of auction at great locations nowadays also no takers

No wonder nobody mau, u should buy it and keep the return, normally those old project are low density and high yield punya

it really depends

think about it, since when you ever see bangla buy cleaning products before?

my neighbor is bangla, i've never seen them clean their toilet/kitchen before, never heard them flush before
their kitchen can view from outside, the whole thing top to bottom is black...before they takeover, it's dirty but not the bad yet

and people wonder why bangla is so rich, there's a lot of thing that we need to pay that they don't, a lot of thing that we need to buy that they don't

johor hot. kl dead

Malaysia’s property divide: Johor and Penang sizzle as Kuala Lumpur cools amid condo glut

Johor leads the country’s housing market in early 2025 on JS-SEZ and RTS Link momentum, though older high-rises keep overhang high
https://www.businesstimes.com.sg/internatio...amid-condo-glut

would buy lelong more if not for the stupid tunggakan maintenance fee have to pay

SO RACIST LIPOT

but i agree.

Hey I'm curious how long works since got this auntie add me into this WhatsApp group where they post a lot of these lelong units in perak.

Is it true got many bank inside ppl pretending to be buyers trying to jack up prices or the unit on sale? Like ppl pretending to bid higher when u raised ur bid just now

Pipul r getting tired & hav stopped buying houses at those stupid prices.

US home costs a lot to maintain yearly.. the number of taxes, types of required insurance will kill if not taken account for...
locally you notice monthly maintenance pun bolih tak bayar.. flats become mansions!.. parking space can chup..
don't go into the neighbors next door yet!

You see the bank want to lend you money or not

Johor a lot buying now are the Singaporeans so no surprise there

This one you pay in advance then submit to the auctioning bank to claim back la. 99% of auction properties are like this, read the clauses in the POS. Rarely got those that you have to bear the previous maintenance fees. You just pay upfront then claim back from the bank fully.

The inside people are not from the banks but from the property sector itself. They don’t want too low price spoil the market.

Pro tip: apply for loan from the same bank auctioning off the property, much higher chances for them to give you the loan.

this wan can reach up to 10k

You can claim this back la, just nee cash to pay upfront first.

Bad is not the right word when even bull iherng Sean also have issues with collection from his tenants…Drillz below


Attached thumbnail(s)

No need to pay the accumulated management fees? Could be up to few tens of thousands…..

bought above or below market price?

Shiok la koranks there rental getting lower and lower.

UK here getting moar and moar expensive, really pokai humgarchan one.

I also wanna kick my current tenant and tell them GTFO, each time discuss rental term sudah sampai sure give kao kao reasoning and shits. You thought they gwailou and got good work from Turkey, from Germany and from Malta is gooding but in fact just another Middle East Bharat, Gwailou Bharat, and Srilankan style of Europe bharat.

quote sendiri susah can, quote new rental and property regulation can, quote thorlong can, quote new regulation new price new all cannot. All wanna eat bonuses but spit less. Rental wanna lower and lesser and not adjust, but contract tak nak, move out tak nak, this taknak that taknak, like im their father mother give birth to them must jaga them till they die.

Luckily only a few sohai. Imagine of all my Airbnbs also doing monthly with tenant like this, I die liao.

property better up sia ..if not my friend going to upcar liao.
4 condo on loan...

167k cash? heheheh later lhdn find u

payback for being so greedy

bbb

Deswai I always tell landlord. Speed is key. No point renting higher but at the risk of leaving it empty for months.

Property owner always think we drop the property price.

Klang & Sri Muda = Flood + gangsterism

Semenyih = 2008 era property boom upcar victim

Cyberjaya = 2008 + Mahathir cyberscam upcar victim

Rimbayu = Upcar "New Kota Kemuning" township

Puncak Alam = "Shah Alam" padahal Rawang

At least cyberjaya liveable with amenities.
If you dont mind living in condo, it's a good place to stay. CC doomsday max_cavalera

Semenyih only good if you also plan to die and get buried there

apartment gonna be 30% down before buy.
sometimes 4th or 5th auction before bidder arrive.

landed house 10-20%. typically unless shit neighbourhood 2nd or 3rd auction will have bidder already.

Supply and Demand.
We aren't building much more new landed houses in Klang Valley, but the whole point of apartments is to build more units

If cannot get bank loan how?

Burn 10% lo

Usually test loan first with banker one la

If you don't kick out your tenant, re agent has no business.

Re agent is one of the least trustworthy professional.

Richfag game

Burn 10% woso dey dun care

maybe got caveat or something

luckily not much. around RM1k+

market price RM210k. So below market price by RM40k.

Congrate.

APA KO MEREPEK

MAHDAHNI SAID ECONOMY STRONK!!!!!!!


MYR IS STRONKER AGAINST USD!!!!!!!!!

claim from property agent or condo management, which buyer is dumb enough to sambung bayar hhnngghh

This post has been edited by keyibukeyi: Dec 10 2025, 12:39 PM

the world is healing

Healing is a feveret word among your generation…

Claim from the auctioning bank la. It’s literally there ins the terms of the POS when they release the auction.

is it easy to claim?

saw an ad for a condo unit in hartamas, 450k, freehold, looks nice....but too nice to be true lol...mesti got somehting fishy

Quite easy, I claimed twice before from both auction houses I bought. Just get the payment receipt from management and then pass to your lawyer. Within 1 month the auctioning bank will send a cheque to your lawyer for the refund.

Lelong skyrise banyak..landed mana ada ?

All this while I thought sendiri telan punya, nice.

Will there be issues if non-bumi wanna auction a bumi unit ?

where to access kangtao on bank lelong units ? ask at bank ?

pls tell how the process


got ppl keep scaring me tht lelong property means expect lots of sabotage, like toilet pipes all caked with cement

bcoz the b40 wanna sabotage the bank for asking back their money which they owed...

This post has been edited by Knnbuccb: Dec 12 2025, 08:16 PM

Near taruc ?

Pv ?

Which state?

https://www.propertyguru.com.my/property-fo.../p/lelong-house

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