Pelangi Indah Condominium: Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur
Pelangi Indah Condominium, Batu 4 1/12, Jalan Degong, Off Jalan Ipoh, 51200 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 2,088 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Malaysia Building Society Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 8349795C71
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 7 Apr 2026 | RM 477,000 | Unsold |
| 3rd auction | 23 Sep 2026 | RM 429,300 | Unsold |
Against Pelangi Indah Condominium subsale prices
This reserve is about 30% below the building's JPPH-registered subsale median (scaled to the unit size) (19 transfers, 36 months).
Subsale median RM300,000, RM293 psf, JPPH-registered subsale transfers, 36 months.
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Lelong Apartment / Condo for Sale in Kuala Lumpur
This bank auction (lelong) apartment / condo in Pelangi Indah Condominium, Kuala Lumpur is for sale by auction with a reserve price of RM429,300, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold apartment in Kuala Lumpur is offered via bank auction (lelong). The reserve price is RM429,300, about 19% below the market value of RM530,000. The 2,088 sqft unit is at Pelangi Indah Condominium off Jalan Ipoh; contact agent Crispina Ng for auction details.
Location
Open in Google Maps ↗Pelangi Indah Condominium, Batu 4 1/12, Jalan Degong, Off Jalan Ipoh, 51200 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 429,300 is about 19% below the estimated market value of RM 530,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 429,300, set by Malaysia Building Society 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 Kuala Lumpur?+
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.
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
- Auction Factory or Market Factory? How to Check a Lelong Price in Selangor
- eLelong Kehakiman Gov My: How to Register and Bid on Court Auctions
- Auction Land in Malaysia: How to Buy Land at a Bank or Court Auction
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