Terrace HouseFreehold10%below market

85, Jalan Palas 14: Terrace House for Sale by Auction (Lelong) in Telok Panglima Garang

No. 85, Jalan Palas 14, Taman Dato Hormat, 42500 Telok Panglima Garang, Selangor

85, Jalan Palas 14: Terrace House for Sale by Auction (Lelong) in Telok Panglima Garang
Reserve Price
RM 450,000
Market Price
RM 500,000
You save
RM 50,000
10% below market

Property Details

Type
Terrace House
Tenure
Freehold
Built-Up
2,100 sqft
Auction Date
15 Dec 2026 · 09:00 AM
Auction Round
6th auction · lower reserve
Auctioning Bank
Hong Leong Islamic Bank
Area
Telok Panglima Garang
Region
Selangor
Reference
D840AF55B2

Title & restrictions

State consent to transfer
No restriction in interest stated on the proclamation
Land use (express condition)
Residential
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Auction History

RoundAuction DateReserve PriceResult
5th auction13 Apr 2026RM 500,000Unsold
6th auction15 Dec 2026RM 450,000Upcoming

Recent auction sold prices for terrace house in Telok Panglima Garang

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

PropertySold onRoundReserveSold pricePremium
Jalan Flora 1A/1, Bandar Rimbayu
Terrace House · Telok Panglima Garang
7 Aug 20268th auctionRM 670,680RM 670,680At reserve
Jalan Aman Bayan 3, Bandar Tropicana Aman
Terrace House · Telok Panglima Garang
25 Jun 20264th auctionRM 729,000RM 729,000At reserve
Jalan Aman Elemen 8, Bandar Tropicana Aman (Elemen Residence)
Terrace House · Telok Panglima Garang
24 Feb 20264th auctionRM 1,020,600RM 1,020,600At reserve
Jalan Eco Santuari 6/1B, Eco Santuari
Terrace House · Telok Panglima Garang
13 Jan 20263rd auctionRM 729,000RM 729,000At reserve

Sold Auction Prices in Selangor →

About This Lelong Terrace House for Sale in Telok Panglima Garang

This bank auction (lelong) terrace house in Jalan Palas 14, Telok Panglima Garang is for sale by auction with a reserve price of RM450,000, around 10% below market value. Auction properties like this one in Telok Panglima Garang can often be bought below market price.

This freehold link house / townhouse in Taman Dato Hormat, Telok Panglima Garang, Selangor offers about 2,100 sq ft of built-up space and is being sold through a bank auction by Hong Leong Islamic Bank. The reserve price is RM450,000 against a market value of RM500,000, a 10% below-market entry. Contact Crispina Ng for auction details and financing guidance.

No. 85, Jalan Palas 14, Taman Dato Hormat, 42500 Telok Panglima Garang, Selangor

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FAQ

How much below market value is this Terrace House in Telok Panglima Garang?+

The reserve price of RM 450,000 is about 10% below the estimated market value of RM 500,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 450,000, set by Hong Leong Islamic Bank, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 15 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.

How do I bid on this property in Telok Panglima Garang?+

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.

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: 5 Nov 2026

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