Terrace House19%below market

27, Taman Melawati: Terrace House for Sale by Auction (Lelong) in Kuala Lumpur

No. 27, Jalan J1, Taman Melawati, 53100 Kuala Lumpur

27, Taman Melawati: Terrace House for Sale by Auction (Lelong) in Kuala Lumpur
Reserve Price
RM 350,000
Market Price
RM 432,099
You save
RM 82,099
19% below market

Property Details

Type
Terrace House
Land Area
840 sqft
Auction Date
3 Dec 2026 · 09:00 AM
Auction Round
5th auction · lower reserve
Auctioning Bank
Ambank Islamic Berhad
Region
Kuala Lumpur
Reference
2ACA91F6CD

Title & restrictions

State consent to transfer
No restriction in interest stated on the proclamation
Land use (express condition)
Residential
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Auction History

RoundAuction DateReserve PriceResult
4th auction27 Apr 2026RM 387,000Unsold
5th auction3 Dec 2026RM 350,000Upcoming

About This Lelong Terrace House for Sale in Kuala Lumpur

This bank auction (lelong) terrace house in Taman Melawati, Kuala Lumpur is for sale by auction with a reserve price of RM350,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This link house / townhouse / terrace house at Jalan J1, Taman Melawati, 53100 Kuala Lumpur, is a bank auction (lelong) listing with a reserve price of RM350,000 against a market value of RM432,099, about 19% below market. The land area is 840 sq ft and the tenure is not stated in the listing. The auction is set for 3 December 2026 via Ambank Islamic Berhad; contact Crispina Ng for auction details and financing guidance.

No. 27, Jalan J1, Taman Melawati, 53100 Kuala Lumpur

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FAQ

How much below market value is this Terrace House in Kuala Lumpur?+

The reserve price of RM 350,000 is about 19% below the estimated market value of RM 432,099. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 350,000, set by Ambank Islamic Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 3 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.

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.

How long do I have to pay the balance after winning?+

The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.

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: 5 Nov 2026

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