Terrace HouseFreehold24%below market

Terrace House for Sale by Auction (Lelong) in Rawang · 7, Jalan Pelangi 16

No. 7, Jalan Pelangi 16, Taman Pelangi, 48000 Rawang, Selangor

Terrace House for Sale by Auction (Lelong) in Rawang · 7, Jalan Pelangi 16
Reserve Price
RM 190,000
Market Price
RM 250,000
You save
RM 60,000
24% below market

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.

No. 7, Jalan Pelangi 16, Taman Pelangi, 48000 Rawang, Selangor

Loading map…

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.

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: 13 Aug 2026

Similar auction properties

Explore more auctions