Residensi Peel: Apartment / Condo Auction in Kuala Lumpur Sold for RM700,000
Residensi Peel, No. 2, Lorong Peel, Maluri, 55100 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 1,012 sqft
- Auction Date
- 28 Oct 2025 · 11:00 AM
- Auction Round
- 3rd auction
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Region
- Kuala Lumpur
- Reference
- 2C9E748061
Against Residensi Peel subsale prices
This reserve is about 48% below the building's JPPH-registered subsale median (scaled to the unit size) (8 transfers, 60 months).
Subsale median RM1,376,650, RM1300 psf, JPPH-registered subsale transfers, 60 months.
About This Sold Lelong Apartment / Condo in Kuala Lumpur
This bank auction (lelong) apartment / condo in Residensi Peel, Kuala Lumpur was sold at auction on 28 Oct 2025 for RM700,000 (reserve price RM689,000). The record is kept as a price reference for auction buyers in Kuala Lumpur.
Location
Open in Google Maps ↗Residensi Peel, No. 2, Lorong Peel, Maluri, 55100 Kuala Lumpur
FAQ
What did this Apartment / Condo in Kuala Lumpur sell for at auction?+
It sold for RM 700,000 on 28 Oct 2025 against a reserve price of RM 689,000, about 1.6% above reserve.
Can I still buy this property?+
No, this auction has concluded. Contact Crispina Ng 013-744 9391 to be notified of upcoming apartment / condo auctions in Kuala Lumpur.
How far below market do auction properties in Kuala Lumpur sell?+
Reserve prices are usually set below market value and drop roughly 10% after each unsold round. See the BidNest market report for current clearance rates and discounts.
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
- Klang Auction Properties: A Buyer's Guide to Lelong Deals
- Bungalow Auction in KL & Selangor: What Buyers Must Know
- Buying a Terrace House at Auction in KL & Selangor: Guide
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