Tiara Faber Condominium: Apartment / Condo Auction in Kuala Lumpur Called Off
Tiara Faber Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 1,249 sqft
- Auction Date
- 22 Oct 2026 · 11:00 AM
- Auction Round
- 12th auction · lower reserve
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Region
- Kuala Lumpur
- Reference
- 85F992678D
Against Tiara Faber Condominium subsale prices
This reserve is about 14% below the building's JPPH-registered subsale median (scaled to the unit size) (17 transfers, 36 months).
Subsale median RM440,000, RM352 psf, JPPH-registered subsale transfers, 36 months.
About This Apartment / Condo Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) apartment / condo in Tiara Faber Condominium, Kuala Lumpur was called off, at a reserve price of RM380,000. A call-off usually means the borrower settled or the case was withdrawn, so the property is no longer open to bids. The details below are kept as a reference for auction buyers in Kuala Lumpur.
This 1,249 sq ft apartment at Tiara Faber Condominium, Jalan Desa Utama, Taman Desa, Kuala Lumpur is a freehold bank auction (lelong) property. The reserve price is RM380,000 against a market value of RM500,000, about 24% below market. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗Tiara Faber Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
FAQ
Why was this apartment / condo auction in Kuala Lumpur cancelled?+
The auction was marked Call Off (cancelled), originally set for 22 Oct 2026. That usually means the borrower cleared the arrears before auction day, reached a settlement with the bank, or the case was withdrawn.
Can I still buy this property?+
Not for now. A called-off auction has no scheduled next round, though a property can return to auction if the loan defaults again. Contact Crispina Ng 013-744 9391 and we will watch for similar auction properties in Kuala Lumpur.
What is the difference between "called off" and "unsold"?+
Unsold means the auction went ahead but no bid met the reserve, and it usually returns at a lower reserve. Called off means the auction was withdrawn before it took place, with no next round scheduled. Postponed means a new date is still to be announced.
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
- Are Auction Property Titles Clear? Understanding Charge, Caveat & Legal Status
- e-Lelong Court Auction vs Bank Auction: Key Differences for Buyers
- Buying an Auction Property with a Tenant: What You Must Know
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