Pelangi Damansara: Apartment / Condo for Sale by Auction (Lelong) in Petaling Jaya · 3 Dec
No. PS-10-01, Blok Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800, Petaling Jaya, Selangor
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 1,023 sqft
- Auction Date
- 3 Dec 2026 · 09:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Bank Berhad
- Area
- Petaling Jaya
- Region
- Selangor
- Reference
- 6810BDE832
Title & restrictions
- State consent to transfer
- Required: transfer or charge needs State Authority written consent
- Land use (express condition)
- Commercial
- 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
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 19 May 2026 | RM 430,000 | Unsold |
| 2nd auction | 3 Dec 2026 | RM 387,000 | Upcoming |
Recent auction sold prices for apartment / condo in Petaling Jaya
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Block A, Armanee Terrace Condominium Apartment / Condo · Petaling Jaya | 28 Oct 2026 | 4th auction | RM 578,000 | RM 578,000 | At reserve |
| Block A, Dataran Sentral Damansara (D'Clover Residences) Apartment / Condo · Petaling Jaya | 22 Oct 2026 | 4th auction | RM 526,000 | RM 526,000 | At reserve |
| Block C, 19 Sentral (also known as The Hub SS2) Apartment / Condo · Petaling Jaya | 12 Oct 2026 | 3rd auction | RM 506,300 | RM 540,000 | +6.7% |
| Block B, Armanee Condominium Apartment / Condo · Petaling Jaya | 8 Oct 2026 | 3rd auction | RM 309,600 | RM 309,600 | At reserve |
| Residensi Ryan & Miho, No. 74 Apartment / Condo · Petaling Jaya | 7 Oct 2026 | 3rd auction | RM 550,800 | RM 585,000 | +6.2% |
About This Lelong Apartment / Condo for Sale in Petaling Jaya
This bank auction (lelong) apartment / condo in Pelangi Damansara, Petaling Jaya is for sale by auction with a reserve price of RM387,000, around 10% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.
This leasehold apartment at Pelangi Damansara, Petaling Jaya, Selangor offers approximately 1,023 sq ft of built-up space. It is a CIMB Bank Berhad bank auction (lelong) property with a reserve price of RM387,000, about 10% below the RM430,000 market value, and the auction date is 3 December 2026. Contact Crispina Ng for auction details.
Location
Open in Google Maps ↗No. PS-10-01, Blok Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800, Petaling Jaya, Selangor
FAQ
How much below market value is this Apartment / Condo in Petaling Jaya?+
The reserve price of RM 387,000 is about 10% below the estimated market value of RM 430,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 387,000, 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 3 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
How do I bid on this property in Petaling Jaya?+
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.
What can this property be used for?+
The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.
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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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Buying a Semi-D House at Lelong Auction in KL & Selangor
- Buying Shop Office at Auction in KL & Selangor: Guide
- Auction Factory or Market Factory? How to Check a Lelong Price in Selangor
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Other auction records in Petaling Jaya
Nearby bank auctions that have ended: the last round's date, reserve price and outcome. Unit numbers are not shown.
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- Azure Residensi, Jalan SS 7/26aApartment / Condo · 4th auction · 29 Oct 2026Reserve RM 513,000Called off
- Edelweiss SOFO, Tropicana GardensApartment / Condo · 4th auction · 4 Nov 2026Reserve RM 329,000Ended (outcome not published)
- Atria SOFO Suites, Atria DamansaraShop Office · 2nd auction · 4 Nov 2026Reserve RM 360,000Ended (outcome not published)
- Neo Damansara, No. 1Shop Office · 7th auction · 4 Nov 2026Reserve RM 393,700Ended (outcome not published)
- Pangsapuri Paramount, Jalan 22/44Apartment / Condo · 2nd auction · 3 Nov 2026Reserve RM 650,000Called off