Apartment / CondoLeasehold10%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Iris Apartment

No. A-8-5, Block A, Iris Apartment, Jalan 2/109C, Taman Abadi Indah, Off Jalan Kelang Lama, 58100 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Iris Apartment
Reserve Price
RM 189,000
Market Price
RM 210,000
You save
RM 21,000
10% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
624 sqft
Auction Date
22 Jul 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
Bank Kerjasama Rakyat Malaysia Berhad
Proclamation of Sale
PDF ↓
Region
Kuala Lumpur
Reference
4574616135

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Iris Apartment, Kuala Lumpur is for sale by auction with a reserve price of RM189,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

FAQ

How much below market value is this Apartment / Condo in Kuala Lumpur?+

The reserve price of RM 189,000 is about 10% below the estimated market value of RM 210,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 189,000, 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 22 Jul 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

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: 8 Jul 2026

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