LandFreehold10%below market

Land for Sale by Auction (Lelong) in Klang · 103394, Glenmarie Cove

PT 103394, Glenmarie Cove, (No. 75 Jalan Damar Bayu 4 Teluk Glenmarie), 42000, Klang, Selangor

Land for Sale by Auction (Lelong) in Klang · 103394, Glenmarie Cove
Reserve Price
RM 765,000
Market Price
RM 850,000
You save
RM 85,000
10% below market

Property Details

Type
Land
Tenure
Freehold
Auction Date
14 Oct 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
CIMB Bank Berhad
Area
Klang
Region
Selangor
Reference
BB074FD883

Auction History

RoundAuction DateReserve PriceResult
1st auction7 Apr 2026RM 850,000Unsold
2nd auction14 Oct 2026RM 765,000Upcoming

About This Lelong Land for Sale in Klang

This bank auction (lelong) land in Glenmarie Cove, Klang is for sale by auction with a reserve price of RM765,000, around 10% below market value. Auction properties like this one in Klang can often be bought below market price.

This is a freehold land parcel in Glenmarie Cove, Klang, Selangor, offered via a bank auction (lelong) by CIMB Bank Berhad. The reserve price is RM765,000, about 10% below the market value of RM850,000, with the auction scheduled for 14 October 2026. Contact agent Peter Tan for auction details and assistance.

PT 103394, Glenmarie Cove, (No. 75 Jalan Damar Bayu 4 Teluk Glenmarie), 42000, Klang, Selangor

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FAQ

How much below market value is this Land in Klang?+

The reserve price of RM 765,000 is about 10% below the estimated market value of RM 850,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 765,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 14 Oct 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Klang?+

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: 5 Oct 2026

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