Apartment / CondoFreehold28%below market

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Kondominium Ken Rimba 1 A-23A-3A

No. A-23A-3A, Kondominium Ken Rimba 1, Jalan Lengkuas 16/26, Seksyen 16, 40200 Shah Alam, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Kondominium Ken Rimba 1 A-23A-3A
Reserve Price
RM 360,000
Market Price
RM 500,000
You save
RM 140,000
28% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
1,195 sqft
Auction Date
19 Aug 2026 · 09:00 AM
Auction Round
8th auction · lower reserve
Auctioning Bank
Bank Simpanan Nasional
Area
Shah Alam
Region
Selangor
Reference
C2739938F7

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in Kondominium Ken Rimba 1, Shah Alam is for sale by auction with a reserve price of RM360,000, around 28% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

A freehold condominium in Shah Alam, Selangor, is up for bank auction. Located at Kondominium Ken Rimba 1, Seksyen 16, this 1,195 sqft unit has a reserve price of RM360,000, 28% below market value. Contact Peter Tan for auction details.

No. A-23A-3A, Kondominium Ken Rimba 1, Jalan Lengkuas 16/26, Seksyen 16, 40200 Shah Alam, Selangor

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FAQ

How much below market value is this Apartment / Condo in Shah Alam?+

The reserve price of RM 360,000 is about 28% 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 360,000, set by Bank Simpanan Nasional, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 19 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 Shah 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: 13 Aug 2026

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