20, Jalan Damai Rasa 2: Terrace House for Sale by Auction (Lelong) in Kuala Lumpur
No. 20, Jalan Damai Rasa 2, Alam Damai, 56000 Kuala Lumpur
Property Details
- Type
- Terrace House
- Tenure
- Leasehold
- Land Area
- 1,647 sqft
- Auction Date
- 12 Nov 2026 · 09:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- CIMB Bank Berhad
- Region
- Kuala Lumpur
- Reference
- BA42E71DD2
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, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 16 Apr 2026 | RM 675,000 | Unsold |
| 3rd auction | 12 Nov 2026 | RM 607,500 | Upcoming |
About This Lelong Terrace House for Sale in Kuala Lumpur
This bank auction (lelong) terrace house in Jalan Damai Rasa 2, Kuala Lumpur is for sale by auction with a reserve price of RM607,500, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This leasehold link house in Alam Damai, Kuala Lumpur, is a bank auction (lelong) property via CIMB Bank Berhad, with a reserve price of RM607,500 against a market price of RM750,000, about 19% below market. It has 1,647 sq ft of land and is scheduled for auction on 12 November 2026. Contact Crispina Ng for auction details and financing guidance.
FAQ
How much below market value is this Terrace House in Kuala Lumpur?+
The reserve price of RM 607,500 is about 19% below the estimated market value of RM 750,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 607,500, 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 12 Nov 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
How do I bid on this property in Kuala Lumpur?+
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.
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
- Types of Houses in Malaysia: Terrace, Semi-D, Bungalow, Condo
- Buying a Terrace House at Auction in KL & Selangor: Guide
- Malay Reserve Land: What It Means, Bumi Lots and Auctions
- Cukai Tanah (Quit Rent) in Malaysia: How to Check and Pay by State
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