Jalan Sungai Penchala: Land for Sale by Auction (Lelong) in Kuala Lumpur
Off Jalan Sungai Penchala, Sungai Penchala, 60000 Kuala Lumpur
Property Details
- Type
- Land
- Tenure
- Freehold
- Land Area
- 43,056 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 8th auction · lower reserve
- Auctioning Bank
- Hong Leong Bank Berhad
- Region
- Kuala Lumpur
- Reference
- 1F6381FA8F
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 7th auction | 13 Apr 2026 | RM 2,520,000 | Unsold |
| 8th auction | 8 Oct 2026 | RM 2,268,000 | Unsold |
About This Lelong Land for Sale in Kuala Lumpur
This bank auction (lelong) land in Jalan Sungai Penchala, Kuala Lumpur is for sale by auction with a reserve price of RM2,268,000, around 24% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
Bank auction for freehold land in Sungai Penchala, Kuala Lumpur. This 43,056 sqft property is offered at a reserve price of RM2,268,000, which is 24% below its market value of RM2,984,211. Contact agent Crispina Ng for auction details.
Location
Open in Google Maps ↗Off Jalan Sungai Penchala, Sungai Penchala, 60000 Kuala Lumpur
FAQ
How much below market value is this Land in Kuala Lumpur?+
The reserve price of RM 2,268,000 is about 24% below the estimated market value of RM 2,984,211. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 2,268,000, set by Hong Leong Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is to be confirmed. Contact Crispina Ng 013-744 9391 for the latest schedule.
How do I bid on this property in Kuala Lumpur?+
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.
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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Lelong buying guides
- Malay Reserve Land: What It Means, Bumi Lots and Auctions
- Auction Land in Malaysia: How to Buy Land at a Bank or Court Auction
- Can You Buy a Lelong Property Directly From the Bank?
- MRTA vs MLTA for a Lelong Property: Which to Choose, Plus Fire Insurance
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