Terrace House19%below market

7, Jalan Selasih U12/24: Terrace House for Sale by Auction (Lelong) in Shah Alam

No. 7, Jalan Selasih U12/24, Taman Cahaya Alam, 40170, Shah Alam, Selangor

7, Jalan Selasih U12/24: Terrace House for Sale by Auction (Lelong) in Shah Alam
Reserve Price
RM 607,500
Market Price
RM 750,000
You save
RM 142,500
19% below market

Property Details

Type
Terrace House
Land Area
1,647 sqft
Auction Date
5 Nov 2026 · 09:00 AM
Auction Round
6th auction · lower reserve
Auctioning Bank
CIMB Islamic Bank
Area
Shah Alam
Region
Selangor
Reference
F46CBEA0D4

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
5th auction22 Apr 2026RM 675,000Unsold
6th auction5 Nov 2026RM 607,500Upcoming

Recent auction sold prices for terrace house in Shah Alam

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

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24 Jun 20263rd auctionRM 519,000RM 584,000+12.5%
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18 Mar 20263rd auctionRM 364,500RM 417,000+14.4%

Sold Auction Prices in Selangor →

About This Lelong Terrace House for Sale in Shah Alam

This bank auction (lelong) terrace house in Jalan Selasih U12/24, Shah Alam is for sale by auction with a reserve price of RM607,500, around 19% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

This link house or townhouse in Taman Cahaya Alam, Shah Alam, Selangor, is a bank auction (lelong) listing by CIMB Islamic Bank with a reserve price of RM607,500 against a market value of RM750,000, about 19% below market. The property has approximately 1,647 sq ft of land, and the auction is scheduled for 5 November 2026; tenure is not stated in the listing. Contact Crispina Ng for auction details and guidance on the next steps.

No. 7, Jalan Selasih U12/24, Taman Cahaya Alam, 40170, Shah Alam, Selangor

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FAQ

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

The reserve price of RM 607,500 is about 19% below the estimated market value of RM 750,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 607,500, set by CIMB Islamic Bank, 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 Shah Alam?+

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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