Apartment / CondoLeasehold34%below market

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Pangsapuri Merak M1-4-10

No. M1-4-10, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Pangsapuri Merak M1-4-10
Reserve Price
RM 148,050
Market Price
RM 224,318
You save
RM 76,268
34% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
861 sqft
Auction Date
13 Aug 2026 · 09:00 AM
Auction Round
5th auction · lower reserve
Auctioning Bank
Hong Leong Islamic Bank
Area
Shah Alam
Region
Selangor
Reference
417D2ACF66

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in Pangsapuri Merak, Shah Alam is for sale by auction with a reserve price of RM148,050, around 34% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

This leasehold condominium in Pangsapuri Merak, Shah Alam (Section U5) is being auctioned by Hong Leong Islamic Bank. With a built-up area of 861 sqft, the reserve price of RM 148,050 is 34% below the estimated market value of RM 224,318. Contact property agent Peter Tan for auction details.

No. M1-4-10, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor

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FAQ

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

The reserve price of RM 148,050 is about 34% below the estimated market value of RM 224,318. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 148,050, set by Hong Leong 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 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 Shah Alam?+

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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