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Mama Kucing Blogs

Sunday, 25 November 2012

KL Property Auction

Have you ever saw the signboard "Bank Lelong" (Auction by Bank) along the road or hanging on lamp pole? Price usually pretty attractive. One of Mamarazzi's friend had tried to call those numbers and found out the hard way that there are trickery involved.

Her friend wanted an auctioned property because it's usually cheaper that the Market Value. Banks usually auctions property 80% -85% of the Market Value and if the first auction is not successful, they will do a second , third and so on auction. But the problem is her friend does not have time to chase after all the auction or buy so many newspapers daily to hunt for the Auction Property advertisement.

Anyway, Mamarazzi found an easier way for her to hunt the property of her choice without leaving her home or office.

It is so easy. Her friend just have to go to Malaysia number one property website, Propwall. It is Malaysia's largest FREE property resources website. There are over 3,000 property analysis articles and 600,000 high quality property photos in there.

It is so easy to hunt for auction homes in Propwall website.

User just need to click "Classified" tab. They will see a list of Property for Sale in Malaysia.

Then user can narrow down his/her specification by going to the Classified Search box on the left hand side of the page. From there, user can use Keyword search to narrow down the location where he/she is interest in or the type of property

User may also select the price range so that he/she would not need to waste time viewing properties that is out of their budget

For those like Mamarazzi's friend who is interested in auction property, they  just need to check the "auction" box. A list of the applicable property will appear.

Click on the property that you are interested in and you will see some important details such as price, land area, built up area, leasehold or freehold and some even with photographs of the property mentioned. 




The website even provided mortgage calculator for user to estimate the instalments that they will need to pay in the event that they are using Bank Loans to finance the purchase.

Everything is just a click of a button away.

Propwall is not only for those who are interested to purchase property but it's also for those who wish to sell their property or rent out the property. It's a universal website for seller and buyer to meet. Let's hope Mamarazzi's friend will be able to get a good house soon.







34 comments:

  1. Whao! Super convenient and super helpful site!

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  2. Very good information here, Kathy!!

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  3. eventhough it is auction the price of house is still damn expesive....

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  4. in future the new generation just got to rent a room or just stay in parents house..

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    Replies
    1. I kinda agree with your statement, Simple Person. The price of properties these days is ridiculous!

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    2. how to rent room if got wife and kids. If can, it's better to use the money for house rental to opay instalment than pay rent lor

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    3. Property price increase and still have to stay somewhere. At least here we can choose what price we want

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  5. Hmm, me not interested in auction thingy but I am sure this website is useful to others~

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  6. Wow, u're a tycoon now! Nice review!

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  7. nice ads and just the fact that this was coming from you? assurance was indeed a guarantee haha

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  8. i know nothing about banking or property issues auctiuon or what ever all i know that if you give you heart out on struggling for a better future you will be sucessful

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  9. as of now there are some basics things that has to be done some minor steps so when my time comes everything will be perfcet

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    Replies
    1. sure someday you will own a big house

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  10. I haven't been to any auction before..

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    Replies
    1. sometimes it's fun to sit in an auction to see people bidding but usually property not much will be happening

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  11. have a great day and happy bloggin small kucing god bless you and your family and please do take the best of care always

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  12. These days not many ppl can afford to buy house, so those bank lelong houses is a good option. Thank you for sharing this.

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    Replies
    1. ya....if can get cheaper price its good

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  13. This is definitely informative. Would come in handy because some of my friends have been searching and evaluating various options as well. Thanks for sharing Kathy ! :)

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  14. Thanks for the great infor which I never knew about. Anyway, I have always had the thought that auctions houses banks does come with a catch along inside.

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