Terrace House for Sale by Auction (Lelong) in Rawang · 7, Jalan Pelangi 16
No. 7, Jalan Pelangi 16, Taman Pelangi, 48000 Rawang, Selangor
Property Details
- Type
- Terrace House
- Tenure
- Freehold
- Land Area
- 1,265 sqft
- Auction Date
- 13 Aug 2026 · 03:00 PM
- Auction Round
- 2nd auction
- Auctioning Bank
- Hong Leong Islamic Bank
- Area
- Rawang
- Region
- Selangor
- Reference
- B9F89C9C33
About This Lelong Terrace House for Sale in Rawang
This bank auction (lelong) terrace house in Jalan Pelangi 16, Rawang is for sale by auction with a reserve price of RM190,000, around 24% below market value. Auction properties like this one in Rawang can often be bought below market price.
This is a freehold terrace house in Taman Pelangi, Rawang, Selangor, offered at a bank auction with a reserve price of RM190,000, which is 24% below its estimated market value of RM250,000. The property sits on a 1,265 sqft land. Perfect for first-time buyers or investors. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 7, Jalan Pelangi 16, Taman Pelangi, 48000 Rawang, Selangor
FAQ
How much below market value is this Terrace House in Rawang?+
The reserve price of RM 190,000 is about 24% below the estimated market value of RM 250,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 190,000, 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 13 Aug 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.
How do I bid on this property in Rawang?+
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.
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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