LandFreehold19%below market

Land for Sale by Auction (Lelong) in Kuala Lumpur · 240, Bandar Kuala Lumpur

Lot No 240, Seksyen 63, Bandar Kuala Lumpur, 50450 Kuala Lumpur

📅 No upcoming auction date yet (previous round unsold). Contact Peter Tan to register your interest and be notified of the next auction.
Land for Sale by Auction (Lelong) in Kuala Lumpur · 240, Bandar Kuala Lumpur
Reserve Price
RM 76,950,000
Market Price
RM 95,000,000
You save
RM 18,050,000
19% below market

Property Details

Type
Land
Tenure
Freehold
Land Area
35,283 sqft
Auction Date
Date to be confirmed
Auction Round
4th auction · lower reserve
Auctioning Bank
Malayan Banking Berhad
Region
Kuala Lumpur
Reference
B0371408DB

About This Lelong Land for Sale in Kuala Lumpur

This bank auction (lelong) land in Bandar Kuala Lumpur, Kuala Lumpur is for sale by auction with a reserve price of RM76,950,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

Freehold land parcel of 35,283 sqft in Kuala Lumpur, available via bank auction (lelong). Reserve price of RM76,950,000 is 19% below estimated market value of RM95,000,000. Located at Lot 240, Seksyen 63, 50450 Kuala Lumpur. Auction by Malayan Banking Berhad on 10 August 2026. Contact agent Peter Tan for auction details.

Lot No 240, Seksyen 63, Bandar Kuala Lumpur, 50450 Kuala Lumpur

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FAQ

How much below market value is this Land in Kuala Lumpur?+

The reserve price of RM 76,950,000 is about 19% below the estimated market value of RM 95,000,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 76,950,000, set by Malayan Banking Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.

How do I bid on this property in Kuala Lumpur?+

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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