Apartment / CondoLeasehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Premium 1 G-25-08

No. G-25-08, Residensi Premium 1, KL Gateway, No. 2, Jalan Kerinchi, Gerbang Kerinchi Lestari, 59200 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Residensi Premium 1 G-25-08
Reserve Price
RM 729,000
Market Price
RM 900,000
You save
RM 171,000
19% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,206 sqft
Auction Date
21 Aug 2026 · 03:00 PM
Auction Round
3rd auction · lower reserve
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
9FC978F8EE

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Residensi Premium 1, Kuala Lumpur is for sale by auction with a reserve price of RM729,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This is a 1,206 sqft condominium apartment at KL Gateway in Kuala Lumpur, offered via a bank auction (lelong). The reserve price is RM729,000 against a market value of RM900,000, a 19% discount. This leasehold property is ideal for investors. Contact agent Peter Tan for auction details.

No. G-25-08, Residensi Premium 1, KL Gateway, No. 2, Jalan Kerinchi, Gerbang Kerinchi Lestari, 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 729,000 is about 19% below the estimated market value of RM 900,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 729,000, 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: 13 Aug 2026

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