Apartment / CondoLeasehold10%below market

Apartment / Condo for Sale by Auction (Lelong) in Selangor · Residensi 1 Utara (Lakepark Residence @KL B-18-08

No. B-18-08, Block B, Residensi 1 Utara (Lakepark Residence @KL, No. 42, Jalan 1/2B, Selayang, 68100 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Selangor · Residensi 1 Utara (Lakepark Residence @KL B-18-08
Reserve Price
RM 585,000
Market Price
RM 650,000
You save
RM 65,000
10% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,281 sqft
Auction Date
17 Aug 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
Hong Leong Bank Berhad
Region
Selangor
Reference
3A88FBACD6

About This Lelong Apartment / Condo for Sale in Selangor

This bank auction (lelong) apartment / condo in Residensi 1 Utara (Lakepark Residence @KL, Selangor is for sale by auction with a reserve price of RM585,000, around 10% below market value. Auction properties like this one in Selangor can often be bought below market price.

This leasehold condominium at Residensi 1 Utara in Selayang, Kuala Lumpur, is being auctioned by Hong Leong Bank. With a built-up area of 1,281 sqft and a reserve price of RM585,000, it is offered 10% below the estimated market value of RM650,000. Contact property agent Peter Tan for auction details.

No. B-18-08, Block B, Residensi 1 Utara (Lakepark Residence @KL, No. 42, Jalan 1/2B, Selayang, 68100 Kuala Lumpur

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FAQ

How much below market value is this Apartment / Condo in Selangor?+

The reserve price of RM 585,000 is about 10% below the estimated market value of RM 650,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 585,000, 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 17 Aug 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Selangor?+

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.

Important note

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.

Last updated: 13 Aug 2026

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