Platinum Lake Condominium 23RD: Apartment / Condo Auction in Kuala Lumpur Called Off
23rd Floor, Block A, PV 20, Platinum Lake Condominium, No. 5, Jalan Usahawan 2, off Jalan Genting Kelang, Setapak, 53200 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Built-Up
- 1,389 sqft
- Auction Date
- 15 Sep 2026 · 03:30 PM
- Auction Round
- 2nd auction
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- B822B2081C
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 26 Aug 2026 | RM 480,000 | Unsold |
| 2nd auction | 15 Sep 2026 | RM 432,000 | Called off |
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 Apartment / Condo Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) apartment / condo in Platinum Lake Condominium, Kuala Lumpur was called off, at a reserve price of RM432,000. A call-off usually means the borrower settled or the case was withdrawn, so the property is no longer open to bids. The details below are kept as a reference for auction buyers in Kuala Lumpur.
This apartment at PV 20, Platinum Lake Condominium in Setapak, Kuala Lumpur has a built-up area of 1,389 sq ft. It is a bank auction (lelong) property by Hong Leong Bank Berhad, scheduled for 15 September 2026, with a reserve price of RM432,000 against a market value of RM480,000, approximately 10% below market. The tenure is not stated in the listing; contact agent Crispina Ng for auction details.
Location
Open in Google Maps ↗23rd Floor, Block A, PV 20, Platinum Lake Condominium, No. 5, Jalan Usahawan 2, off Jalan Genting Kelang, Setapak, 53200 Kuala Lumpur
FAQ
Why was this apartment / condo auction in Kuala Lumpur cancelled?+
The auction was marked Call Off (cancelled), originally set for 15 Sep 2026. That usually means the borrower cleared the arrears before auction day, reached a settlement with the bank, or the case was withdrawn.
Can I still buy this property?+
Not for now. A called-off auction has no scheduled next round, though a property can return to auction if the loan defaults again. Contact Crispina Ng 013-744 9391 and we will watch for similar auction properties in Kuala Lumpur.
What is the difference between "called off" and "unsold"?+
Unsold means the auction went ahead but no bid met the reserve, and it usually returns at a lower reserve. Called off means the auction was withdrawn before it took place, with no next round scheduled. Postponed means a new date is still to be announced.
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
- Lelong vs Subsale vs New Launch: Which Should You Buy?
- How Much Cheaper Are Lelong Properties? What Auction Data Shows
- How to Get a Bank Loan for Lelong Auction Property in Malaysia
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