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
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 1,166 sqft
- Auction Date
- 24 Sep 2026 · 10:30 AM
- Auction Round
- 6th auction · lower reserve
- Auctioning Bank
- Bank Simpanan Nasional
- Area
- Shah Alam
- Region
- Selangor
- Reference
- 3109617C75
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 4th auction | 28 Jul 2026 | RM 405,000 | Unsold |
| 5th auction | 27 Aug 2026 | RM 364,500 | Unsold |
| 6th auction | 24 Sep 2026 | RM 328,050 | Upcoming |
Recent auction sold prices for apartment / condo in Shah Alam
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. A-26-07, Residensi Sini Apartment / Condo · Shah Alam | 11 Sep 2026 | 2nd auction | RM 400,000 | RM 400,000 | At reserve |
| No. B-18-07, Residensi Sini Apartment / Condo · Shah Alam | 9 Sep 2026 | 4th auction | RM 364,500 | RM 391,000 | +7.3% |
| No. B-09-03A, Residensi Sini Apartment / Condo · Shah Alam | 9 Sep 2026 | 4th auction | RM 473,900 | RM 473,900 | At reserve |
| No. SA-27-06, Dataran Prestij Apartment / Condo · Shah Alam | 27 Aug 2026 | 1st auction | RM 550,000 | RM 550,000 | At reserve |
| No. H1-21-3A, Hana Residence Apartment / Condo · Shah Alam | 26 Aug 2026 | 3rd auction | RM 324,000 | RM 374,000 | +15.4% |
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 RM328,050, around 32% below market value. Auction properties like this one in Shah Alam can often be bought below market price.
A leasehold apartment at Puncak 7 Residences, Jalan Ferum 7/31A, 40000 Shah Alam, Selangor, with a built-up area of 1,166 sq ft. This bank auction property, auctioned by Bank Simpanan Nasional on 24 September 2026, has a reserve price of RM328,050 against a market value of RM482,426, about 32% below market. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 08-01, 8th Floor, Puncak 7 Residences, Jalan Ferum 7/31A, 40000 Shah Alam, Selangor
FAQ
How much below market value is this Apartment / Condo in Shah Alam?+
The reserve price of RM 328,050 is about 32% below the estimated market value of RM 482,426. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 328,050, 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 24 Sep 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.
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.
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