Residensi Era Novum: Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur
Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 689 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Islamic Bank
- Region
- Kuala Lumpur
- Reference
- 70AC56A1DA
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 22 Apr 2026 | RM 650,000 | Unsold |
| 2nd auction | 15 Oct 2026 | RM 585,000 | Unsold |
Against Residensi Era Novum subsale prices
This reserve is about 10% below the building's JPPH-registered subsale median (scaled to the unit size) (18 transfers, 36 months).
Subsale median RM880,834, RM947 psf, JPPH-registered subsale transfers, 36 months.
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 Crispina Ng for auction details.
Location
Open in Google Maps ↗Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
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 to be confirmed. Contact Crispina Ng 013-744 9391 for the latest schedule.
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.
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
- Why Do Banks Auction Properties in Malaysia? A Guide to Lelong
- Best Areas in Selangor for Lelong Properties
- Where to Buy Lelong Properties in Kuala Lumpur
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