Apartment / CondoLeasehold27%below market

Pangsapuri Pinang Heights: Apartment / Condo for Sale by Auction (Lelong) in Shah Alam

Pangsapuri Pinang Heights, Jalan Pinang Raja 18/2, Seksyen 18, 40200, Shah Alam, Selangor

📅 The result of the last auction round has not been confirmed: it may have gone unsold, sold or been called off, and no new date is set yet. Contact Crispina Ng to confirm the current status.
Pangsapuri Pinang Heights: Apartment / Condo for Sale by Auction (Lelong) in Shah Alam
Reserve Price
RM 315,000
Market Price
RM 431,507
You save
RM 116,507
27% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,238 sqft
Auction Date
Date to be confirmed
Auction Round
4th auction · lower reserve
Auctioning Bank
Alliance Bank Malaysia Berhad
Area
Shah Alam
Region
Selangor
Reference
565C80EF59

Title & restrictions

State consent to transfer
Required: transfer or charge needs State Authority written consent
Land use (express condition)
Residential
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Auction History

RoundAuction DateReserve PriceResult
3rd auction21 Apr 2026RM 349,000Unsold
4th auction3 Nov 2026RM 315,000Unsold

Against Pangsapuri Pinang Heights subsale prices

This reserve is about 31% below the building's JPPH-registered subsale median (scaled to the unit size) (7 transfers, 60 months).

Subsale median RM499,000, RM369 psf, JPPH-registered subsale transfers, 60 months.

Recent auction sold prices for apartment / condo in Shah Alam

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
Residensi Hijauan, No. 4
Apartment / Condo · Shah Alam
28 Oct 20262nd auctionRM 289,000RM 300,000+3.8%
Block A, Suria Residence
Apartment / Condo · Shah Alam
28 Oct 20262nd auctionRM 425,000RM 425,000At reserve
Block B, Pangsapuri Nadayu 801
Apartment / Condo · Shah Alam
22 Oct 20264th auctionRM 405,000RM 405,000At reserve
Rimbun Sanctuary, Jalan Birai U8/54
Apartment / Condo · Shah Alam
7 Oct 20267th auctionRM 303,100RM 364,000+20.1%
Dsara Sentral, Jalan Welfare
Apartment / Condo · Shah Alam
7 Oct 20263rd auctionRM 433,500RM 433,500At reserve

Sold Auction Prices in Selangor →

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in Pangsapuri Pinang Heights, Shah Alam is for sale by auction with a reserve price of RM315,000, around 27% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

This leasehold apartment at Pangsapuri Pinang Heights, Seksyen 18, Shah Alam offers 1,238 sq ft of built-up space and is being auctioned by Alliance Bank Malaysia Berhad. The reserve price is RM315,000 against a market value of RM431,507, a 27% below-market opportunity in an established Selangor township. Contact Crispina Ng for auction details.

Pangsapuri Pinang Heights, Jalan Pinang Raja 18/2, Seksyen 18, 40200, 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 315,000 is about 27% below the estimated market value of RM 431,507. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 315,000, set by Alliance Bank Malaysia 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 Crispina Ng 013-744 9391 for the latest schedule.

How do I bid on this property in Shah Alam?+

Register for the auction, pay the 5% to 10% deposit, and bid on auction day. Contact Crispina Ng 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 Crispina Ng for details.

Do I need state consent to buy this property?+

Yes. The title carries a restriction in interest: it cannot be transferred or charged without the State Authority's written consent. Apply right after the auction so the transfer and your loan are not held up, since the balance is due within 120 days.

How long do I have to pay the balance after winning?+

The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.

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 Nov 2026

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