Apartment / CondoLeasehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Tower A A-15-06

No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Tower A A-15-06
Reserve Price
RM 648,000
Market Price
RM 800,000
You save
RM 152,000
19% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,256 sqft
Land Area
1,356 sqft
Auction Date
15 Oct 2026 · 09:00 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Region
Kuala Lumpur
Reference
4F9B37E0E7

Auction History

RoundAuction DateReserve PriceResult
2nd auction22 Apr 2026RM 720,000Unsold
3rd auction15 Oct 2026RM 648,000Upcoming

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in Tower A, Kuala Lumpur is for sale by auction with a reserve price of RM648,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This leasehold apartment or SOHO unit at Mercu Summer Suites, Jalan Cendana off Jalan Sultan Ismail in Kuala Lumpur, offers a built-up area of 1,256 sq ft. It is a bank auction (lelong) property by CIMB Bank Berhad, scheduled for 15 October 2026, with a reserve price of RM648,000, about 19% below the estimated market value of RM800,000. For auction details, contact agent Peter Tan.

No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur

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FAQ

How much below market value is this Apartment / Condo in Kuala Lumpur?+

The reserve price of RM 648,000 is about 19% below the estimated market value of RM 800,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 648,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 15 Oct 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Kuala Lumpur?+

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: 10 Sep 2026

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