Terrace HouseLeasehold10%below market

22, Jalan LEP 1/14: Terrace House for Sale by Auction (Lelong) in Seri Kembangan

No 22, Jalan LEP 1/14, Taman Lestari Putra, 43300, Seri Kembangan, Selangor

22, Jalan LEP 1/14: Terrace House for Sale by Auction (Lelong) in Seri Kembangan
Reserve Price
RM 810,000
Market Price
RM 900,000
You save
RM 90,000
10% below market

Property Details

Type
Terrace House
Tenure
Leasehold
Land Area
2,100 sqft
Auction Date
5 Nov 2026 · 09:00 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
Ambank(M) Berhad
Area
Seri Kembangan
Region
Selangor
Reference
B4EAB46909

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

RoundAuction DateReserve PriceResult
2nd auction30 Apr 2026RM 900,000Unsold
3rd auction5 Nov 2026RM 810,000Upcoming

Recent auction sold prices for terrace house in Seri Kembangan

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

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Blok C, Hayat Villa (on-site is Jia Hayat Villa)
Terrace House · Seri Kembangan
26 Aug 20263rd auctionRM 900,000RM 910,000+1.1%
Jalan LEP 7/21, Seksyen 7
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5 Aug 20264th auctionRM 315,900RM 315,900At reserve
Jalan SE 6, Sunway Eastwood (Park Villa)
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5 May 202617th auctionRM 648,000RM 755,000+16.5%
Jalan SR 4, Senja Residence
Terrace House · Seri Kembangan
15 Apr 20266th auctionRM 1,104,700RM 1,280,000+15.9%
Tingkat Bawah, Jalan Sungai Besi Indah 1/22
Terrace House · Seri Kembangan
28 Jan 20262nd auctionRM 318,860RM 362,000+13.5%

Sold Auction Prices in Selangor →

About This Lelong Terrace House for Sale in Seri Kembangan

This bank auction (lelong) terrace house in Jalan LEP 1/14, Seri Kembangan is for sale by auction with a reserve price of RM810,000, around 10% below market value. Auction properties like this one in Seri Kembangan can often be bought below market price.

This leasehold link house and terrace property in Taman Lestari Putra, Seri Kembangan, Selangor, sits on 2,100 sq ft of land and is scheduled for bank auction (lelong) on 5 November 2026 through Ambank(M) Berhad. The reserve price is RM810,000 against a market value of RM900,000, an indicative 10% below market. Contact Crispina Ng for auction details and financing guidance.

No 22, Jalan LEP 1/14, Taman Lestari Putra, 43300, Seri Kembangan, Selangor

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FAQ

How much below market value is this Terrace House in Seri Kembangan?+

The reserve price of RM 810,000 is about 10% below the estimated market value of RM 900,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 810,000, set by Ambank(M) Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 5 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 Seri Kembangan?+

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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