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Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Raja Rina
  • Real Estate Professional
  • Alor Gajah, Malacca
0
Votes |
4
Posts

Selling property below market price

Raja Rina
  • Real Estate Professional
  • Alor Gajah, Malacca
Posted

hi, I am trying to sell one house of mine, it is actually inherited and its market value is MYR710,000 (malaysian ringgit). Mortgage all paid up, its freehold, very hot area for university students. Currently rented out. However ita beside a treatment plant opposite the electricity and I have problem selling at market value. I got an investor offering 35% below market. What do u think? The house is old abt 50 years, basic, really a lot to fix. What do you think? 

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