Residensi Semarak Platinum: Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur
Residensi Semarak Platinum (Splendor), Kampung Padang Tembak, Jalan Lestari, 54000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 1,184 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- CIMB Islamic Bank
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 72C256E2C4
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 17 Sep 2026 | RM 570,000 | Unsold |
| 2nd auction | 7 Oct 2026 | RM 513,000 | Unsold |
| 3rd auction | 28 Oct 2026 | RM 461,700 | Unsold |
Against Residensi Semarak Platinum subsale prices
This reserve is about 16% below the building's JPPH-registered subsale median (scaled to the unit size) (33 transfers, 36 months).
Subsale median RM470,000, RM465 psf, JPPH-registered subsale transfers, 36 months.
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Lelong Apartment / Condo for Sale in Kuala Lumpur
This bank auction (lelong) apartment / condo in Residensi Semarak Platinum, Kuala Lumpur is for sale by auction with a reserve price of RM461,700, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This 1,184 sq ft apartment at Residensi Semarak Platinum (Splendor) in Kampung Padang Tembak, Kuala Lumpur is a leasehold bank auction property via CIMB Islamic Bank. The reserve price is RM461,700 against a market value of RM570,000, about 19% below market, with the auction set for 28 October 2026. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗Residensi Semarak Platinum (Splendor), Kampung Padang Tembak, Jalan Lestari, 54000 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 461,700 is about 19% below the estimated market value of RM 570,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 461,700, 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
- MRTA vs MLTA for a Lelong Property: Which to Choose, Plus Fire Insurance
- Geran Rumah in English: Malaysian Land Titles Explained
- Types of Houses in Malaysia: Terrace, Semi-D, Bungalow, Condo
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Other auction records in Kuala Lumpur
Nearby bank auctions that have ended: the last round's date, reserve price and outcome. Unit numbers are not shown.
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