Apartment / CondoFreehold10%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Era Novum C-35-7

No. C-35-7, Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Era Novum C-35-7
Reserve Price
RM 585,000
Market Price
RM 650,000
You save
RM 65,000
10% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
689 sqft
Auction Date
15 Oct 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
CIMB Islamic Bank
Region
Kuala Lumpur
Reference
70AC56A1DA

Auction History

RoundAuction DateReserve PriceResult
1st auction22 Apr 2026RM 650,000Unsold
2nd auction15 Oct 2026RM 585,000Upcoming

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Residensi Era Novum, Kuala Lumpur is for sale by auction with a reserve price of RM585,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold apartment at Residensi Era Novum in Kerinchi, Kuala Lumpur offers 689 sq ft of built-up space. It is a bank auction (lelong) property by CIMB Islamic Bank, with a reserve price of RM585,000 against a market value of RM650,000, about 10% below market. Contact agent Peter Tan for auction details.

No. C-35-7, Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur

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FAQ

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

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 CIMB Islamic Bank, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 15 Oct 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.

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: 10 Sep 2026

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