Terrace HouseLeasehold23%below market

Terrace House for Sale by Auction (Lelong) in Bandar Puncak Alam · 31, Jalan Ritma 2/7

No. 31, Jalan Ritma 2/7, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor

Terrace House for Sale by Auction (Lelong) in Bandar Puncak Alam · 31, Jalan Ritma 2/7
Reserve Price
RM 394,200
Market Price
RM 511,948
You save
RM 117,748
23% below market

Property Details

Type
Terrace House
Tenure
Leasehold
Land Area
1,200 sqft
Auction Date
6 Oct 2026 · 03:00 PM
Auction Round
4th auction · lower reserve
Auctioning Bank
Ambank Islamic Berhad
Area
Bandar Puncak Alam
Region
Selangor
Reference
1B878F1B45

Auction History

RoundAuction DateReserve PriceResult
2nd auction4 Aug 2026RM 515,000Unsold
3rd auction2 Sep 2026RM 438,000Unsold
4th auction6 Oct 2026RM 394,200Upcoming

Recent auction sold prices for terrace house in Bandar Puncak Alam

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

PropertySold onRoundReserveSold pricePremium
No. 49, Jalan Myra Alam 1/5
Terrace House · Bandar Puncak Alam
29 Sep 20263rd auctionRM 343,440RM 346,000+0.7%
No. 52, Jalan Hillpark Iris 11/1C
Terrace House · Bandar Puncak Alam
29 Sep 20264th auctionRM 369,000RM 430,000+16.5%
No. 61, Jalan Irama 9
Terrace House · Bandar Puncak Alam
17 Sep 20265th auctionRM 259,900RM 328,000+26.2%
No. 23, Jalan Ritma 2/9
Terrace House · Bandar Puncak Alam
26 Aug 20264th auctionRM 305,700RM 328,000+7.3%
No. 35, Jalan Eco Grandeur 6/2H
Terrace House · Bandar Puncak Alam
26 Aug 20264th auctionRM 801,900RM 801,900At reserve

Sold Auction Prices in Selangor →

About This Lelong Terrace House for Sale in Bandar Puncak Alam

This bank auction (lelong) terrace house in Jalan Ritma 2/7, Bandar Puncak Alam is for sale by auction with a reserve price of RM394,200, around 23% below market value. Auction properties like this one in Bandar Puncak Alam can often be bought below market price.

This leasehold link house in Bandar Puncak Alam, Selangor, is a bank auction (lelong) property with a land area of 1,200 sq ft. The reserve price is RM394,200 against a market value of RM511,948, offering a below-market value of about 23%. Contact agent Peter Tan for auction details on this Ambank Islamic Berhad listing.

No. 31, Jalan Ritma 2/7, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor

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FAQ

How much below market value is this Terrace House in Bandar Puncak Alam?+

The reserve price of RM 394,200 is about 23% below the estimated market value of RM 511,948. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 394,200, set by Ambank Islamic Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 6 Oct 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Bandar Puncak Alam?+

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: 1 Oct 2026

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