LandLeasehold10%below market

Land for Sale by Auction (Lelong) in Petaling Jaya · 11, Lorong 5/10F

No. 11, Lorong 5/10F, Seksyen 5, 46000, Petaling Jaya, Selangor

Land for Sale by Auction (Lelong) in Petaling Jaya · 11, Lorong 5/10F
Reserve Price
RM 1,305,000
Market Price
RM 1,450,000
You save
RM 145,000
10% below market

Property Details

Type
Land
Tenure
Leasehold
Auction Date
8 Sep 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
CIMB Bank Berhad
Area
Petaling Jaya
Region
Selangor
Reference
3859187C6C

About This Lelong Land for Sale in Petaling Jaya

This bank auction (lelong) land in Lorong 5/10F, Petaling Jaya is for sale by auction with a reserve price of RM1,305,000, around 10% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

This is a leasehold land parcel located in Seksyen 5, Petaling Jaya, Selangor, offered via bank auction (lelong) by CIMB Bank. With a reserve price of RM1,305,000, it is valued at RM1,450,000, presenting a 10% below-market opportunity. Contact Peter Tan for auction details.

No. 11, Lorong 5/10F, Seksyen 5, 46000, Petaling Jaya, Selangor

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FAQ

How much below market value is this Land in Petaling Jaya?+

The reserve price of RM 1,305,000 is about 10% below the estimated market value of RM 1,450,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 1,305,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 8 Sep 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Petaling Jaya?+

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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