Apartment / CondoLeasehold12%below market

Cova Villa B-13A-06: Apartment / Condo for Sale by Auction (Lelong) in Petaling Jaya

No. B-13A-06, Blok B, Cova Villa, Jalan Teknologi, Kota Damansara, 47810, Petaling Jaya, Selangor

Cova Villa B-13A-06: Apartment / Condo for Sale by Auction (Lelong) in Petaling Jaya
Reserve Price
RM 440,000
Market Price
RM 500,000
You save
RM 60,000
12% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Auction Date
8 Dec 2026 · 09:00 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
Bank Kerjasama Rakyat Malaysia Berhad
Area
Petaling Jaya
Region
Selangor
Reference
1EDF711CC7

Title & restrictions

State consent to transfer
Required: transfer or charge needs State Authority written consent
Land use (express condition)
Residential
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Recent auction sold prices for apartment / condo in Petaling Jaya

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
Block A, Armanee Terrace Condominium
Apartment / Condo · Petaling Jaya
28 Oct 20264th auctionRM 578,000RM 578,000At reserve
Block A, Dataran Sentral Damansara (D'Clover Residences)
Apartment / Condo · Petaling Jaya
22 Oct 20264th auctionRM 526,000RM 526,000At reserve
Block C, 19 Sentral (also known as The Hub SS2)
Apartment / Condo · Petaling Jaya
12 Oct 20263rd auctionRM 506,300RM 540,000+6.7%
Block B, Armanee Condominium
Apartment / Condo · Petaling Jaya
8 Oct 20263rd auctionRM 309,600RM 309,600At reserve
Residensi Ryan & Miho, No. 74
Apartment / Condo · Petaling Jaya
7 Oct 20263rd auctionRM 550,800RM 585,000+6.2%

Sold Auction Prices in Selangor →

About This Lelong Apartment / Condo for Sale in Petaling Jaya

This bank auction (lelong) apartment / condo in Cova Villa, Petaling Jaya is for sale by auction with a reserve price of RM440,000, around 12% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

This leasehold apartment at Cova Villa, Jalan Teknologi, Kota Damansara, Petaling Jaya, Selangor is a bank auction (lelong) property offered via Bank Kerjasama Rakyat Malaysia Berhad, with the auction scheduled for 8 December 2026. The reserve price is RM440,000 against an estimated market value of RM500,000, about 12% below market. Contact Crispina Ng for auction details and financing guidance.

No. B-13A-06, Blok B, Cova Villa, Jalan Teknologi, Kota Damansara, 47810, Petaling Jaya, Selangor

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FAQ

How much below market value is this Apartment / Condo in Petaling Jaya?+

The reserve price of RM 440,000 is about 12% below the estimated market value of RM 500,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 440,000, set by Bank Kerjasama Rakyat Malaysia Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 8 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.

How do I bid on this property in Petaling Jaya?+

Register for the auction, pay the 5% to 10% deposit, and bid on auction day. Contact Crispina Ng 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 Crispina Ng for details.

Do I need state consent to buy this property?+

Yes. The title carries a restriction in interest: it cannot be transferred or charged without the State Authority's written consent. Apply right after the auction so the transfer and your loan are not held up, since the balance is due within 120 days.

How long do I have to pay the balance after winning?+

The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.

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: 4 Nov 2026

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