Apartment / CondoLeasehold10%below market

Apartment / Condo for Sale by Auction (Lelong) in Ampang · Kuarza 16 Apartment 06-03

No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Ampang · Kuarza 16 Apartment 06-03
Reserve Price
RM 603,000
Market Price
RM 670,000
You save
RM 67,000
10% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,432 sqft
Auction Date
20 Aug 2026 · 10:00 AM
Auction Round
2nd auction
Auctioning Bank
RHB Islamic Bank Berhad
Area
Ampang
Region
Kuala Lumpur
Reference
E32F907D65

About This Lelong Apartment / Condo for Sale in Ampang

This bank auction (lelong) apartment / condo in Kuarza 16 Apartment, Ampang is for sale by auction with a reserve price of RM603,000, around 10% below market value. Auction properties like this one in Ampang can often be bought below market price.

Offered as a bank auction (lelong) property, this leasehold condominium in Ampang, Kuala Lumpur has a built-up area of 1,432 sqft. The reserve price is RM603,000 against a market value of RM670,000, presenting a 10% discount. Contact Peter Tan for auction details and viewing arrangements.

No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur

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FAQ

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

The reserve price of RM 603,000 is about 10% below the estimated market value of RM 670,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 603,000, set by RHB Islamic Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 20 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 Ampang?+

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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