Apartment / CondoLeasehold24%below market

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · 8th Floor 08-01

No. 08-01, 8th Floor, Puncak 7 Residences, Jalan Ferum 7/31A, 40000 Shah Alam, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · 8th Floor 08-01
Reserve Price
RM 364,500
Market Price
RM 479,605
You save
RM 115,105
24% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,166 sqft
Auction Date
27 Aug 2026 · 10:30 AM
Auction Round
5th auction · lower reserve
Auctioning Bank
Bank Simpanan Nasional
Area
Shah Alam
Region
Selangor
Reference
F8EE07A8F6

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in 8th Floor, Shah Alam is for sale by auction with a reserve price of RM364,500, around 24% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

This 1,166 sqft apartment in Shah Alam, Selangor is a bank auction (lelong) property with a reserve price of RM 364,500, which is 24% below its estimated market value of RM 479,605. The leasehold unit is located at Puncak 7 Residences and offers a great opportunity for investors or first-time homebuyers. Contact agent Peter Tan for auction details.

No. 08-01, 8th Floor, Puncak 7 Residences, Jalan Ferum 7/31A, 40000 Shah Alam, Selangor

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FAQ

How much below market value is this Apartment / Condo in Shah Alam?+

The reserve price of RM 364,500 is about 24% below the estimated market value of RM 479,605. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 364,500, set by Bank Simpanan Nasional, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 27 Aug 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Shah Alam?+

Register for the auction, pay the 10% deposit, and bid on auction day. Contact Peter Tan to guide you through registration, deposit and bidding.

Is financing available for auction properties?+

Yes, many banks finance auction (lelong) properties. Get loan pre-approval before bidding. Contact Peter Tan for details.

Important note

Prices and auction dates are indicative and subject to change by the auctioning bank. Reserve prices may be revised. Please contact us to confirm the latest details before bidding.

Last updated: 13 Aug 2026

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