Apartment / CondoFreehold20%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi M Arisa Pelangi B-16-01

No. B-16-01, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi M Arisa Pelangi B-16-01
Reserve Price
RM 304,000
Market Price
RM 380,000
You save
RM 76,000
20% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
710 sqft
Auction Date
18 Aug 2026 · 02:30 PM
Auction Round
2nd auction
Auctioning Bank
Maybank Islamic Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
BB17DADDBA

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Residensi M Arisa Pelangi, Kuala Lumpur is for sale by auction with a reserve price of RM304,000, around 20% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold apartment in Kuala Lumpur is up for bank auction, offered at a reserve price of RM304,000, approximately 20% below its estimated market value of RM380,000. The 710 sqft unit is located at Residensi M Arisa Pelangi in Sentul, providing convenient city living. Interested buyers are encouraged to contact agent Peter Tan for full auction particulars.

No. B-16-01, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur

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FAQ

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

The reserve price of RM 304,000 is about 20% below the estimated market value of RM 380,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 304,000, set by Maybank Islamic Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 18 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 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: 13 Aug 2026

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