Apartment / CondoLeasehold27%below market

Apartment / Condo for Auction in Shah Alam · Pangsapuri Merak

No. M2-3-19, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor

Apartment / Condo for Auction in Shah Alam · Pangsapuri Merak
Reserve Price
RM 196,830
Market Price
RM 269,630
You save
RM 72,800
27% below market

Property Details

TypeApartment / Condo
TenureLeasehold
Built-Up861 sqft
AreaShah Alam
RegionSelangor
Auction Date13 Jul 2026 · 09:00 AM
Auction Round4th auction · lower reserve
Auctioning BankCIMB Islamic Bank
ReferenceB140BF503C
Proclamation of SalePDF ↓

Overview

This is a 861 sqft flat house (apartment) in Pangsapuri Merak, Shah Alam, Selangor, offered via bank auction (lelong) by CIMB Islamic Bank. The leasehold property has a reserve price of RM196,830, which is 27% below the estimated market value of RM269,630. Contact agent Tan for auction details.

No. M2-3-19, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor

Map of No. M2-3-19, Pangsapuri Merak

FAQ

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

The reserve price of RM 196,830 is about 27% below the estimated market value of RM 269,630. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 196,830, set by CIMB Islamic Bank — the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 13 Jul 2026. Dates and reserve prices may be revised by the bank — contact 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 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 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: 5 Jul 2026

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