PV 20 B-9-15: Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur
No. B-9-15, PV 20, Platinum Lake Condominum, No. 5, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 1,464 sqft
- Auction Date
- 12 Nov 2026 · 09:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Alliance Islamic Bank Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 87C3F953CD
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, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
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 PV 20, Kuala Lumpur is for sale by auction with a reserve price of RM405,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This leasehold apartment at PV 20, Platinum Lake Condominium in Setapak, Kuala Lumpur offers 1,464 sq ft of built-up space and is being auctioned by Alliance Islamic Bank Berhad on 12 November 2026. The reserve price is RM405,000 against a market value of RM500,000, a 19% below-market opportunity. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗No. B-9-15, PV 20, Platinum Lake Condominum, No. 5, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 405,000 is about 19% below the estimated market value of RM 500,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 405,000, set by Alliance Islamic Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 12 Nov 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
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.
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.
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
- LPPSA Auction House: Can You Use LPPSA to Buy a Lelong Home?
- Bank Lelong Property in Malaysia: How Each Bank Runs Its Auctions
- Can You Buy a Lelong Property Directly From the Bank?
Other auctions in Kuala Lumpur
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- No. 196 (pt 4566), Jalan G1Bungalow & Semi-D · Kuala LumpurReserve RM 550,000
- No. C-36-08, Block CApartment / Condo · Kuala LumpurReserve RM 440,000
- No. B-10-5, 10th FloorApartment / Condo · Kuala LumpurReserve RM 1,650,000
- No. 3A-83, Kenanga Wholesale CityShop Office · Kuala LumpurReserve RM 972,000
- No. 03-13-02, 13th FloorApartment / Condo · Kuala LumpurReserve RM 650,000
Other auction records in Kuala Lumpur
Nearby bank auctions that have ended: the last round's date, reserve price and outcome. Unit numbers are not shown.
- Residensi Vivo, 9 SeputehApartment / Condo · 2nd auction · 12 Nov 2026Reserve RM 468,000Called off
- Residensi Henge, Jalan Metro Perdana BaratApartment / Condo · 2nd auction · 12 Nov 2026Reserve RM 396,000Called off
- Block E, Concerto North KiaraApartment / Condo · 1st auction · 3 Nov 2026Reserve RM 891,000Ended (outcome not published)