Taman Cemerlang: Land for Sale by Auction (Lelong) in Kuala Lumpur
Jalan TC 2B/1, Taman Cemerlang, 53100 Selangor
Property Details
- Type
- Land
- Tenure
- Leasehold
- Land Area
- 12,163 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 2nd auction
- Auctioning Bank
- Public Islamic Bank
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 9276BDC557
About This Lelong Land for Sale in Kuala Lumpur
This bank auction (lelong) land in Taman Cemerlang, Kuala Lumpur is for sale by auction with a reserve price of RM1,296,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This leasehold land in Taman Cemerlang, Selangor (Kuala Lumpur area) measures 12,163 sq ft and is offered via bank auction by Public Islamic Bank, with a reserve price of RM1,296,000 against a market value of RM1,440,000, about 10% below market. The next auction date is yet to be announced. Contact Crispina Ng for auction details.
FAQ
How much below market value is this Land in Kuala Lumpur?+
The reserve price of RM 1,296,000 is about 10% below the estimated market value of RM 1,440,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 1,296,000, set by Public 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
- Auction Land in Malaysia: How to Buy Land at a Bank or Court Auction
- Malay Reserve Land: What It Means, Bumi Lots and Auctions
- How to Buy a Bank Auction Property in Malaysia: 7 Steps
- Are Auction Property Titles Clear? Understanding Charge, Caveat & Legal Status
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