Land for Sale by Auction (Lelong) in Petaling Jaya · Lorong 5/10F
Lorong 5/10F, Seksyen 5, 46000, Petaling Jaya, Selangor
Property Details
- Type
- Land
- Tenure
- Leasehold
- Auction Date
- Date to be confirmed
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Bank Berhad
- Area
- Petaling Jaya
- Region
- Selangor
- Reference
- 3859187C6C
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 26 Feb 2026 | RM 1,450,000 | Unsold |
| 2nd auction | 8 Sep 2026 | RM 1,305,000 | Unsold |
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.
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 to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.
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.
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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