Auction / Lelong Property And Real Estate In Selangor (26th May 2021)

1) No. 21, Jalan Selasih 5, Taman Saujana Utama 3, 47000 Sungai Buloh, Selangor

2 Storey Terrace House, Intermediate
Auction Price: RM 400,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Leasehold
Land Area: 1,540 sq.ft
Deposit: 10%
Listing Type: Auction


2) No. 17, Jalan MR 1/3, M-Avenue, Taman M Residensi, 48020 Rawang, Selangor

[46% Below Market Value; Vacant Unit + Good Condition; Next to Jalan Tasik Puteri] Freehold 2 Storey Terrace Shop Office, Intermediate

Auction Price: RM 584,586.00
Auction Date: 31-May-2021 (Mon)
Tenure: Freehold
Land Area: 1,650 sq.ft
Deposit: 10%
Listing Type: Auction


3) No. 8, Jalan TP 7H (On Site Jalan TP 7/H), Taman Perindustrian Subang UEP, 47620 UEP Subang Jaya, Selangor

[Vacant unit + Strategically located in Subang Jaya; 12 mins to Bandar Sunway] Freehold 2 Storey Terrace House, Intermediate

Auction Price: RM 495,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Freehold
Land Area: 1,195 sq.ft
Deposit: 10%
Listing Type: Auction


4) No. 36, Jalan Pinggiran Putra 50A, Taman Pinggiran Putra, Seksyen 2, Bandar Putra Permai, 43300 Seri Kembangan, Selangor

2 Storey Detached House

Auction Price: RM 1,700,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Leasehold
Land Area: 5,070 sq.ft
Deposit: 10%
Listing Type: Auction


5) No. 10, Jalan MR 1/6, Taman M-Residensi (M-Avenue), 48020 Rawang, Selangor

Freehold 2 Storey Terrace Shop Office, Intermediate [Vacant Unit; 10 mins to AEON Rawang]

Auction Price: RM 620,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Freehold
Land Area: 1,650 sq.ft
Deposit: 10%
Listing Type: Auction


6) No. 7, Jalan Diamond 3, Diamond Residence, 43500 Semenyih, Selangor

Freehold 3 Storey Super Link House, End Lot [27% Below Market Value; Vacant Unit + Good Condition; 10 mins to University of Nottingham Malaysia]

Auction Price: RM 657,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Freehold
Land Area: 2,239 sq.ft
Deposit: 10%
Listing Type: Auction


7) Unit No. B-03A-08, Magna Ville Selayang (Magna Ville Condominium), Lebuhraya Selayang-Kepong, 68100 Batu Caves, Selangor

Magna Ville Selayang Condominium (Magna Ville Condominium)

Auction Price: RM 235,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Leasehold
Built-up: 1,023 sq.ft
Deposit: 10%
Listing Type: Auction


8) Unit No. A1-12-05, Flexis One South, Jalan OS 2, Taman Serdang Perdana, Seksyen 6, 43300 Seri Kembangan, Selangor

SOHO (Studio Unit)

Auction Price: RM 230,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: Leasehold
Built-up: 450 sq.ft
Deposit: 10%
Listing Type: Auction


9) Unit No. F-04-08, Block F, Apartment Desa Perangsang, No. 1, Jalan PJS 3/56, Taman Desa Perangsang, 46150 Petaling Jaya, Selangor

3 Bedroom Desa Perangsang Apartment [10 mins to Bandar Sunway]

Auction Price: RM 219,000.00
Auction Date: 31-May-2021 (Mon)
Tenure: No Info
Built-up: 750 sq.ft
Deposit: 10%
Listing Type: Auction

Auction / Lelong Property And Real Estate In Perak

No. 27, Jalan Kinding Permai 2, Taman Kinding Permai, 31250 Tanjung Rambutan, Perak

1 Storey Terrace House

RM 140,000.00

Property Code : PB623802

Auction Date : 13-Jul-2020 (Mon)

Land Area : 1,496 sq.ft

Tenure         : Leasehold

Lot 318613, Persiaran Rishah Selatan 1/9, Taman Buntong Ria, 30100 Ipoh, Perak

2 Storey Bungalow House

RM 290,000.00

Property Code : PB623803

Auction Date : 15-Jul-2020 (Wed)

Land Area : 3,595 sq.ft

Tenure         : Leasehold

No. 31, Lapangan Perdana 8, Panaroma Lapangan Perdana, 31650 Ipoh, Perak

3 Storey Terrace House

RM 480,000.00

Property Code : PB623800

Auction Date : 13-Jul-2020 (Mon)

Land Area : 1,615 sq.ft

Tenure         : Freehold

No. 59, Taman Manjung Point, Seksyen 2, 32040 Seri Manjung, Perak

Terrace House

RM 211,500.00

Property Code : PB623797

Auction Date : 13-Jul-2020 (Mon)

Land Area : 1,195 sq.ft

Tenure         : Freehold

No. 19, Laluan Tronoh Jaya 8, Desa Tronoh Jaya, 31750 Tronoh, Perak

1 Storey Detached House

RM 121,500.00

Property Code                 : PB623729

Auction Date                 : 21-Jul-2020 (Tue)

Built up / Land Area     : 1,224 sq.ft / 4,004 sq.ft

Tenure                         : Leasehold

No. 2F, Persiaran Murni 8, Taman Indah Tanjung Rambutan, 31250 Ipoh, Perak

1 Storey Terrace House

RM 150,000.00

Property Code : PB623697

Auction Date : 20-Jul-2020 (Mon)

Land Area : 2,616 sq.ft

Tenure         : Leasehold

No. 4, Persiaran Bemban Raya 20, Taman Bemban Raya, 31000 Batu Gajah, Perak

1 Storey Terrace House

RM 140,000.00

Property Code : PB623632

Auction Date : 27-Aug-2020 (Thu)

Land Area : 1,615 sq.ft

Tenure         : Leasehold

No. 3, Jalan Lahat Indah 6, Taman Lahat Indah, 31500 Ipoh, Perak

1 Storey Terrace House

RM 126,000.00

Property Code : PB623631

Auction Date : 01-Sep-2020 (Tue)

Land Area : 1,399 sq.ft

Tenure             : Leasehold

No. 773, Laluan Kledang 3/2, Taman Kledang, 31100 Sungai Siput (U), Perak

1 Storey Terrace House

RM 120,000.00

Property Code : PB623630

Auction Date : 19-Aug-2020 (Wed)

Land Area : 1,399 sq.ft

Tenure         : Leasehold

Unit No. 53A-1, Blok 53A, Aras 1, Persiaran Residensi, Bandar Agacia, 31910 Kampar, Perak

Town Villa

RM 290,000.00

Property Code : PB623609

Auction Date : 09-Jul-2020 (Thu)

Built up         : 1,099 sq.ft

Tenure         : Leasehold

Auction / Lelong Property And Real Estate In Penang

Unit No. 1-4-32, Lebuh Bukit Kecil 6, Taman Sri Nibong, 11900 Bayan Lepas, Penang

Commercial Unit

RM 370,000.00

Property Code : PB623772

Auction Date : 17-Aug-2020 (Mon)

Built up         : 1,030 sq.ft

Tenure         : Leasehold

Unit No. 1-5-25, Lebuh Bukit Kecil 6, Taman Sri Nibong, 11900 Bayan Lepas, Penang

Commercial Unit

RM 320,000.00

Property Code : PB623771

Auction Date : 17-Aug-2020 (Mon)

Built up     : 1,030 sq.ft

Tenure         : Leasehold

Unit No. 83D-3-5, The Maven, Jalan Sungai Pinang, 11000 Balik Pulau, Penang

Town House

RM 550,000.00

Property Code : PB623700

Auction Date : 06-Jul-2020 (Mon)

Built up         : 1,166 sq.ft

No. 19, Lorong Seri Tanjung 3, Taman Seri Tanjung, 13400 Butterworth, Penang

2 Storey Terrace House

RM 665,000.00

Property Code : PB623628

Auction Date : 08-Jul-2020 (Wed)

Land Area : 1,894 sq.ft

Tenure         : Freehold

Unit No. 88C-8-16, Taman Sri Relau, Jalan Relau, 11900 Bayan Lepas, Penang

Flat

RM 180,000.00

Property Code : PB623627

Auction Date : 08-Jul-2020 (Wed)

Built up         : 689 sq.ft

Tenure         : Freehold

No. 22, Lorong Tambun Emas 4, Taman Tambun Emas, 14100 Simpang Ampat, Penang

3 Storey Terrace House

RM 364,500.00

Property Code                 : PB623483

Auction Date             : 04-Jul-2020 (Sat)

Built up / Land Area     : 2,579 sq.ft / 1,367 sq.ft

Tenure                         : Freehold

Unit No. 18-6-9, Taman Terubong Jaya Apartment, Tingkat Paya Terubong 2, 11060, Penang

Apartment

RM 207,000.00

Property Code : PB623482

Auction Date : 04-Jul-2020 (Sat)

Built up         : 860 sq.ft

Tenure         : Leasehold

Premises No. 9A-16-01, Taman Sri Idaman, Lorong Semarak Api 3, 11500 Bandar Baru Air Itam, Penang

Flat

RM 100,800.00

Property Code : PB623481

Auction Date : 04-Jul-2020 (Sat)

Built up         : 490 sq.ft

Tenure         : Freehold

Unit No. 3 (S-07-08), Setia Tri-Angle, Persiaran Kelicap, 11900 Bayan Lepas, Penang

Office

RM 420,000.00

Property Code : PB623354

Auction Date : 04-Jul-2020 (Sat)

Built up         : 741 sq.ft

Tenure         : Freehold

Unit No. 2-02, Taman Tanjung Indah, Lorong Tanjung Indah 2, 12300 Butterworth, Penang

Flat

RM 140,000.00

Property Code : PB623351

Auction Date : 04-Jul-2020 (Sat)

Built up         : 646 sq.ft

Tenure         : Freehold

*Please contact me for the latest update or availability. Thank you.

Auction / Lelong Property And Real Estate In Perlis And Kedah

No. 72, Lorong Teja 6/2, Bandar Perdana, 08000 Sungai Petani, Kedah

1 Storey Terrace House

RM 130,000.00

Property Code                 : PB623723

Auction Date             : 02-Jul-2020 (Thu)

Built up / Land Area     : 1,292 sq.ft / 1,539 sq.ft

Tenure                         : Freehold

Unit No. 330, Third Floor, Serviced Apartment, Langkawi Lagoon, 07100 Langkawi, Kedah

Serviced Apartment

RM 105,100.00

Property Code : PB623484

Auction Date : 04-Jul-2020 (Sat)

Built up         : 414 sq.ft

Tenure         : Leasehold

Lot No. 26 (GRN 82598), Bukit Menaw, Bandar Gurun, Kedah

Agricultural Land

RM 20,630,000.00

Property Code : PB623305

Auction Date : 09-Jul-2020 (Thu)

Land Area : 14,669,326 sq.ft

Tenure         : Freehold

No. 91, Jalan MBI Desaku 7/1, Taman MBI Desaku, 09400 Padang Serai, Kedah

1.5 Storey Detached House

RM 324,000.00

Property Code : PB623026

Auction Date : 30-Jun-2020 (Tue)

Built up     : 4,284 sq.ft

No. 32, Taman Jitra, Jitra, Kedah

1 Storey Bungalow

RM 300,000.00

Property Code                 : PB622743

Auction Date                 : 09-Sep-2020 (Wed)

Built up / Land Area     : 1,975 sq.ft / 4,518 sq.ft

Tenure                         : Freehold

No. 617, Jalan Seroja 2/12, 08000 Sungai Petani, Kedah

1 Storey Terrace House

RM 100,000.00

Property Code : PB622712

Auction Date : 02-Jul-2020 (Thu)

Land Area : 1,195 sq.ft

Tenure         : Freehold

No. 383, Jalan Bukit Puteri 12/12, 08000 Bandar Puteri Jaya, Kedah

Terrace House

RM 170,000.00

Property Code : PB622696

Auction Date : 06-Jul-2020 (Mon)

Land Area : 1,400 sq.ft

Tenure         : Freehold

No. 200A, Jalan Bujang Indah 1/4, Taman Lembah Bujang Indah, 08100 Bedong, Kedah

Terrace House

RM 155,000.00

Property Code : PB622690

Auction Date : 06-Jul-2020 (Mon)

Land Area : 1,300 sq.ft

Tenure         : Freehold

No. 1029, Lorong Ria 5/6, Taman Ria III, 09400 Padang Serai, Kedah

Terrace House

RM 155,000.00

Property Code : PB622676

Auction Date : 06-Jul-2020 (Mon)

Land Area : 1,399 sq.ft

Tenure         : Freehold

No. 779A, Lorong Astana 38/3, Bandar Seri Astana, 08000 Sungai Petani, Kedah

1 Storey Terrace House

RM 130,000.00

Property Code : PB622669

Auction Date : 30-Jun-2020 (Tue)

Land Area : 1,302 sq.ft

Tenure         : Freehold

*Please contact me for the latest update or availability. Thank you.

Stamp Duty Exemption on Rescheduling or Restructuring of Bank Loans

The Covid-19 pandemic has affected businesses and individual ability to service loans with financial institution. In view thereof, the government has come out with various special measures such as the six-months’ moratorium on selected type of loans to help affected businesses and borrowers to weather to adverse effects of Covid-19. While the granting of the automatic 6 month’s moratorium is one of the rescheduling exercise, loans may be rescheduled or restructured in many other ways to suit the financial circumstances of the borrower.

Rescheduling a loan refers to the modification of loan repayment terms where the principal terms and conditions of the contract are not changed significantly, namely lengthening the loan tenure and revision of monthly instalments. Restructuring, on the other hand, is the modification of the principal terms and conditions of the facility which includes a change in the type or structure of the loan or other significant change to its terms.

Depending on the extent of the rescheduling and restructuring of a loan, a borrower will be required to execute an instrument to reflect the rescheduling or restructuring exercise. If the borrower is applying for additional loan sum, he would be required to execute a facility agreement or any other security document for the additional loan sum and such instrument will be subject to ad-valorem stamp duty.

In order to help businesses affected by the Covid-19 pandemic, Malaysia has announced its Economic Stimulus Package 2020 on 27 February 2020 where one of the measures is to provide exemption on stamp duty for rescheduling or restructuring of business loans. This was followed by gazette PU(A) 165 on 21 May 2020 stipulating a 100% exemption of stamp duty to be granted on the loan/facility agreement entered into between the borrower and the financial institution for the purpose of restructuring or rescheduling of their business loan. This exemption is applicable only if the stamp duty on the original loan agreement has been paid and only for loan restructuring and rescheduling agreements executed from 1 March 2020 to 31 December 2020.

Where the rescheduling or restructuring of loan involves variation to the terms of the existing loan that is secured by third party security such as a guarantee, consent from the third party to such variation needs to be obtained, otherwise there may be an issue of whether the liability of such third party is discharged pursuant to Section 86 of the Contracts Act 1950.

Disclaimer: Halim Hong & Quek