Damai 88: Apartment / Condo Auction in Kuala Lumpur Sold for RM494,000 · 22 Sep
Damai 88, Jalan Damai, 50450 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 990 sqft
- Auction Date
- 22 Sep 2026 · 10:30 AM
- Auction Round
- 5th auction
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 4F18E51096
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 3rd auction | 22 Jul 2026 | RM 608,000 | Unsold |
| 4th auction | 21 Aug 2026 | RM 548,000 | Unsold |
| 5th auction | 22 Sep 2026 | RM 494,000 | Sold RM 494,000 |
Final hammer price RM 494,000, RM 0 above the last-round reserve.
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Sold Lelong Apartment / Condo in Kuala Lumpur
This bank auction (lelong) apartment / condo in Damai 88, Kuala Lumpur was sold at auction on 22 Sep 2026 for RM494,000 (reserve price RM494,000). The record is kept as a price reference for auction buyers in Kuala Lumpur.
This freehold condominium or SOHO unit at Damai 88, Jalan Damai in Kuala Lumpur offers a built-up area of 990 sq ft and is being sold through a bank auction (lelong) by United Overseas Bank (Malaysia) Berhad. The reserve price is RM494,000 against a market value of RM748,485, which works out to roughly 34% below market value, a strong entry point for buyers looking at the Kuala Lumpur city area. The auction is scheduled for 22 September 2026. Contact agent Crispina Ng for full auction details and bidding requirements.
FAQ
What did this Apartment / Condo in Kuala Lumpur sell for at auction?+
It sold for RM 494,000 on 22 Sep 2026 against a reserve price of RM 494,000, at the reserve price.
Can I still buy this property?+
No, this auction has concluded. Contact Crispina Ng 013-744 9391 to be notified of upcoming apartment / condo auctions in Kuala Lumpur.
How far below market do auction properties in Kuala Lumpur sell?+
Reserve prices are usually set below market value and drop roughly 10% after each unsold round. See the BidNest market report for current clearance rates and discounts.
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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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Bank Lelong Property in Malaysia: How Each Bank Runs Its Auctions
- Can You Buy a Lelong Property Directly From the Bank?
- MRTA vs MLTA for a Lelong Property: Which to Choose, Plus Fire Insurance
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