Kondominium Riana Selatan: Apartment / Condo Auction in Kuala Lumpur Sold for RM525,000
Kondominium Riana Selatan, No. 2, Jalan Mandarina Damai 1, Bukit Mandarina, 56000 Kuala Lumpur.
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 1,647 sqft
- Auction Date
- 21 Aug 2026 · 10:30 AM
- Auction Round
- 3rd auction
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 4CA18980CB
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 22 Jul 2026 | RM 549,000 | Unsold |
| 3rd auction | 21 Aug 2026 | RM 495,000 | Sold RM 525,000 |
Final hammer price RM 525,000, RM 30,000 above the last-round reserve.
Against Kondominium Riana Selatan subsale prices
This reserve is about 53% below the building's JPPH-registered subsale median (scaled to the unit size) (6 transfers, 36 months).
Subsale median RM611,500, RM635 psf, JPPH-registered subsale transfers, 36 months.
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Sold Lelong Apartment / Condo in Kuala Lumpur
This bank auction (lelong) apartment / condo in Kondominium Riana Selatan, Kuala Lumpur was sold at auction on 21 Aug 2026 for RM525,000 (reserve price RM495,000). The record is kept as a price reference for auction buyers in Kuala Lumpur.
This freehold condominium in Bukit Mandarina, Kuala Lumpur, offers 1,647 sqft of living space and is up for auction by United Overseas Bank. With a reserve price of RM495,000 against a market value of RM611,111, it presents a 19% discount for buyers. Interested parties can contact agent Crispina Ng for full auction details.
Location
Open in Google Maps ↗Kondominium Riana Selatan, No. 2, Jalan Mandarina Damai 1, Bukit Mandarina, 56000 Kuala Lumpur.
FAQ
What did this Apartment / Condo in Kuala Lumpur sell for at auction?+
It sold for RM 525,000 on 21 Aug 2026 against a reserve price of RM 495,000, about 6.1% above reserve.
Can I still buy this property?+
No, this auction has concluded. Contact Crispina Ng 013-744 9391 to be notified of upcoming apartment / condo auctions in Kuala Lumpur.
How far below market do auction properties in Kuala Lumpur sell?+
Reserve prices are usually set below market value and drop roughly 10% after each unsold round. See the BidNest market report for current clearance rates and discounts.
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
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Bank Auction Properties for First-Time Buyers: What to Know
- Maximising ROI: Investing in Lelong Properties in KL & Selangor
- How to Buy a Bank Auction Property in Malaysia: 7 Steps
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