Terrace HouseLeasehold10%below market

5, Jalan Tun Teja 5: Terrace House for Sale by Auction (Lelong) in Rawang

No. 5, Jalan Tun Teja 5, Taman Tun Teja, 48000, Rawang, Selangor

5, Jalan Tun Teja 5: Terrace House for Sale by Auction (Lelong) in Rawang
Reserve Price
RM 450,000
Market Price
RM 500,000
You save
RM 50,000
10% below market

Property Details

Type
Terrace House
Tenure
Leasehold
Land Area
1,400 sqft
Auction Date
26 Nov 2026 · 09:00 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
Standard Chartered Bank Malaysia Berhad
Area
Rawang
Region
Selangor
Reference
981D19C4BE

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
2nd auction28 Jan 2026RM 500,000Unsold
3rd auction26 Nov 2026RM 450,000Upcoming

Recent auction sold prices for terrace house in Rawang

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

PropertySold onRoundReserveSold pricePremium
Jalan TP 1/2, Tiara Putra
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22 Oct 202610th auctionRM 352,000RM 412,000+17%
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Jalan KE 11/3, Kota Emerald
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29 Sep 20263rd auctionRM 432,000RM 432,000At reserve
Jalan M Panora 1/3, Taman M-Residensi
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17 Sep 20266th auctionRM 436,500RM 436,500At reserve
Jalan MR 2/9, Taman M-Residensi 2
Terrace House · Rawang
8 Sep 202612th auctionRM 386,000RM 413,000+7%

Sold Auction Prices in Selangor →

About This Lelong Terrace House for Sale in Rawang

This bank auction (lelong) terrace house in Jalan Tun Teja 5, Rawang is for sale by auction with a reserve price of RM450,000, around 10% below market value. Auction properties like this one in Rawang can often be bought below market price.

This leasehold link house in Taman Tun Teja, Rawang, Selangor, sits on approximately 1,400 sq ft of land and is being offered through a bank auction by Standard Chartered Bank Malaysia Berhad. The reserve price is RM450,000 against a market value of RM500,000, a 10 percent below-market entry point for a terrace home in this established Selangor town. The auction is scheduled for 26 November 2026, so contact Crispina Ng for the auction details and bidding requirements.

No. 5, Jalan Tun Teja 5, Taman Tun Teja, 48000, Rawang, Selangor

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FAQ

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

The reserve price of RM 450,000 is about 10% below the estimated market value of RM 500,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 450,000, set by Standard Chartered Bank Malaysia Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 26 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 Rawang?+

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: 5 Nov 2026

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