Apartment / CondoLeasehold10%below market

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · The Vue @ Monterez A-05-02

No. A-05-02 (Developer’s Parcel No. A-05-02), The Vue @ Monterez, Jalan Merah Kesumba U9/18, Kelab Golf Monterez, Seksyen U9, 40150 Shah Alam, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · The Vue @ Monterez A-05-02
Reserve Price
RM 504,000
Market Price
RM 560,000
You save
RM 56,000
10% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,173 sqft
Auction Date
26 Aug 2026 · 10:30 AM
Auction Round
2nd auction
Auctioning Bank
Alliance Bank Malaysia Berhad
Area
Shah Alam
Region
Selangor
Reference
3E1D1125AD

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in The Vue @ Monterez, Shah Alam is for sale by auction with a reserve price of RM504,000, around 10% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

Bank auction condominium in Shah Alam, Selangor, leasehold tenure. This 1,173 sqft unit at The Vue @ Monterez is priced at RM504,000, 10% below its RM560,000 market value. Contact Peter Tan for auction details.

No. A-05-02 (Developer’s Parcel No. A-05-02), The Vue @ Monterez, Jalan Merah Kesumba U9/18, Kelab Golf Monterez, Seksyen U9, 40150 Shah Alam, Selangor

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FAQ

How much below market value is this Apartment / Condo in Shah Alam?+

The reserve price of RM 504,000 is about 10% below the estimated market value of RM 560,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 504,000, set by Alliance 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 26 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 Shah Alam?+

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: 20 Aug 2026

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