Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Platinum Lake Condominium A-23-18
No. A-23-18, 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 | Upcoming |
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 |
|---|---|---|---|---|---|
| No. B-33-07, Block B Apartment / Condo · Kuala Lumpur | 9 Sep 2026 | 1st auction | RM 300,000 | RM 300,000 | At reserve |
| No. E-13-12, Residensi M Vertika Apartment / Condo · Kuala Lumpur | 8 Sep 2026 | 2nd auction | RM 370,000 | RM 370,000 | At reserve |
| No. N-10-3A, Residensi M Oscar Petaling Apartment / Condo · Kuala Lumpur | 8 Sep 2026 | 2nd auction | RM 380,000 | RM 391,000 | +2.9% |
| No. S-13-02, South Tower Apartment / Condo · Kuala Lumpur | 27 Aug 2026 | 4th auction | RM 430,100 | RM 430,100 | At reserve |
| No. 12-2, Residensi Armani Raja Uda Apartment / Condo · Kuala Lumpur | 26 Aug 2026 | 2nd auction | RM 450,000 | RM 472,000 | +4.9% |
About This Lelong Apartment / Condo for Sale in Kuala Lumpur
This bank auction (lelong) apartment / condo in Platinum Lake Condominium, Kuala Lumpur is for sale by auction with a reserve price of RM432,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
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 Peter Tan for auction details.
Location
Open in Google Maps ↗No. A-23-18, 23rd Floor, Block A, PV 20, Platinum Lake Condominium, No. 5, Jalan Usahawan 2, off Jalan Genting Kelang, Setapak, 53200 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 432,000 is about 10% below the estimated market value of RM 480,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 432,000, set by Hong Leong Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 15 Sep 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.
How do I bid on this property in Kuala Lumpur?+
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.
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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