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THIS WEEK AUCTION ENTRY - 447
RM
  • No. 20, Jalan Sari 8, Taman Ge...
    140,000
  • Lot 748, PM 140, Near Taman Te...
    900,000
  • Unit No. A3-18-3A, St Mary Res...
    1,150,000
  • No. 25, Lintasan Pegoh 2, Band...
    400,000
  • Lot 5349, Jalan Panchor, Taman...
    232,000
  • No. 33-2, 33, Parkview Service...
    486,000
  • Unit No. M-03, Residensi Jalil...
    1,170,000
  • No. 1530, Jalan Politeknik 29,...
    210,000
  • No. 1-4-04, 3rd Floor, Gold Co...
    131,220
  • No. 21, Jalan Pelangi 14, Tama...
    250,000
  • No. 45, Jalan Setia Wawasan U1...
    900,000
  • Unit No. A-10-9, 10th Floor, B...
    360,000
  • No. 35, Jalan Tun H S Lee
    3,000,000
  • No. 652, Laluan Kledang 5/8, T...
    100,000
  • No. 45, Jalan SM 5A/7, Bandar ...
    189,000
  • No. 1182, Jalan Lavendar Heigh...
    526,500
  • Unit No. 67-3, Block 67, Aras ...
    260,000
  • Unit No. 19-1A, Jalan Bandar D...
    256,000
  • No. 4, Jalan Desa Gombak 2, De...
    612,000
  • No. 4, Jalan Desa Gombak 2, De...
    612,000
  • No. 114, Perindustrian Lukut I...
    234,000
  • Unit No. 16-06, Block A, Pangs...
    308,000
  • #07-08, Blok A, Bayu Puteri 2,...
    235,000
  • Lot 7553, PM 1259, Teloi Kanan
    100,000
  • No. 264, Jalan Kebun Sultan, S...
    649,200
  • PT 262, Mukim Pulai Condong
    70,000
  • No. 41, Lorong Emas, Off Jala...
    350,000
  • 2329, Jalan SJ 2/2B, Taman Ser...
    180,000
  • No. 25-03-01, 4, Blok B2, Loro...
    160,000
  • B2-3-11, 4, Blok B, Residensi ...
    500,000
THIS MONTH AUCTION ENTRY - 2,991
RM
  • No. 7, Jalan Semenyih Mewah 7,...
    475,000
  • No. 3, Jalan Limau Bali, Taman...
    1,000,000
  • No. 133, Jalan Kolam Air Lama,...
    1,000,000
  • No. 14, Jalan Jiran 6, Happy G...
    1,000,000
  • No. 112, Jalan Springhill 9/1,...
    210,000
  • No. 101, Jalan Saujana Indah 2...
    470,000
  • No. 20, Jalan Sari 8, Taman Ge...
    140,000
  • No. 5, Jalan Jinjang Aman 16, ...
    972,000
  • No. 7, Jalan Jinjang Aman 16, ...
    1,053,000
  • No. 3, Jalan Jinjang Aman 16, ...
    1,053,000
  • No. 44, Jalan PR 2/3, Taman Pe...
    931,500
  • No. 812, Lorong Harmoni 2, Ban...
    270,000
  • 37, Jalan BK 4/1K, Bnadar Kinr...
    330,000
  • No. R22, Jalan Kelubi, Taman K...
    200,000
  • No. 105, Jalan Utama 70, Taman...
    260,000
  • No. 2, Jalan Amanah 3/12, Tama...
    400,000
  • Lot Nos 1683, PTD 421A dan PTD...
    237,070,800
  • Lot 748, PM 140, Near Taman Te...
    900,000
  • Unit No. A3-18-3A, St Mary Res...
    1,150,000
  • No. 20, Persiaran Murni 7, Tam...
    144,000
  • No. 25, Lintasan Pegoh 2, Band...
    400,000
  • No. 23, Jalan Teruntong, Bukit...
    10,826,100
  • Lot 5349, Jalan Panchor, Taman...
    232,000
  • No. 33-2, 33, Parkview Service...
    486,000
  • No. 371, Jalan Jasper Jaya 11,...
    250,000
  • No. 176, Jalan Rasa Sayang 6, ...
    120,000
  • No. 5582, Jalan Pinggiran Feld...
    108,000
  • No. 116, Persiaran Venice Sute...
    350,000
  • No. 548, Laluan Kledang 5/5, T...
    110,000
  • No. 18 (PT 5316), Jalan U19/11...
    416,000
HOT AUCTION HIGHLIGHTS - 1
RM
  • No. 1, Jalan Peguam U1/25, Sek...
    15,200,000
PROPERTY FOR SALE - 42
RM380,000
Condominium
Tenure
: Leasehold
Property Size
: 1,006 sq. ft.
Location
: Puchong
PROPERTY TO RENT - 17
RM1,650
Apartment
Tenure
: Leasehold
Property Size
: 771 sq. ft.
Location
: Shah Alam
NEWS

The Edge - Gasing Heights three-storey bungalow\'s reserve price drops 36%

Date: 19/02/2016

PETALING JAYA (Feb 17): A three-storey bungalow in Gasing Heights, Petaling Jaya, which couldn’t find a new owner in the auction market saw its reserve price dipping to RM10.5 million in Dec 2015 from RM16.5 million in August 2015.

According to the online auction listing platform AuctionGuru.com.my, the freehold bungalow which went under hammer on Dec 14, 2015, however, remained unsold.

This seven-bedroom, six-bathroom bungalow with a land area of 29,622 sq ft has a reserve price of RM10.5 million, or an average of RM354.50 psf.

The bungalow is close to Bukit Gasing Forest Reserve which is one of the urban green lungs in Kuala Lumpur.

The platform’s executive director Gary Chia told TheEdgeProperty.com that although the reserve price had decreased, it still remained the highest value residential property in the auction market last year.

A recent listing dated Feb 4 in TheEdgeProperty.com shows that a three-storey bungalow in Gasing Heights with a land area of 30,000 sq ft has an asking price of RM27.8 million or RM926.70 psf.

The data of the highest value residential property in the auction market last year also showed a two-storey bungalow in Taman Tun Dr Ismail (TTDI), which has a land area of 10,807 sq ft, had a reserve price of RM6.6 million or an average of RM610.70 psf.

According to TheEdgeProperty.com, a three-storey bungalow with a similar land area located in TTDI Hills is asking for RM9 million or RM869 psf.

Besides this, another three-storey bungalow with a built-up size of 25,078 sq ft in Persiaran Bukit Tunku is also being put up for auction with a reserve price of RM8.45 million, or RM336.95 psf.

Chia said despite the attractive pricing, it is still far beyond the purchasing ability of many people, making it less appealing to the auction property buyers.

“New bungalow developments with modern designs and attractive promotion packages are competing for buyers’ attention in the market. With the current market condition, auction buyers will take a wait-and-see approach for better bargains,” he added.


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