Apartment / CondoLeasehold34%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Peel 25-05

No. 25-05, Residensi Peel, No. 2, Lorong Peel, Maluri, 55100 Kuala Lumpur.

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Peel 25-05
Reserve Price
RM 559,000
Market Price
RM 846,970
You save
RM 287,970
34% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,055 sqft
Auction Date
21 Aug 2026
Auction Round
5th auction · lower reserve
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Region
Kuala Lumpur
Reference
975A4F0241

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Residensi Peel, Kuala Lumpur is for sale by auction with a reserve price of RM559,000, around 34% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This leasehold condominium apartment at Residensi Peel, Maluri, Kuala Lumpur is up for bank auction. With a built-up area of 1,055 sqft and a reserve price of RM559,000, it sits 34% below the market value of RM846,970. The auction is on 21 August 2026; contact agent Peter Tan for details.

No. 25-05, Residensi Peel, No. 2, Lorong Peel, Maluri, 55100 Kuala Lumpur.

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FAQ

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

The reserve price of RM 559,000 is about 34% below the estimated market value of RM 846,970. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 559,000, set by United Overseas Bank (Malaysia) Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 21 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: 14 Aug 2026

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