Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · Tower B B-17-01
No. B-17-01, Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 926 sqft
- Auction Date
- 6 Oct 2026 · 10:30 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- OCBC Bank Malaysia Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 4678C66C82
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 22 Sep 2026 | RM 540,000 | Unsold |
| 2nd auction | 6 Oct 2026 | RM 486,000 | Upcoming |
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. B2-21-01, Block B2 Apartment / Condo · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 381,000 | RM 433,000 | +13.6% |
| No. 17-5, Damai 88 Apartment / Condo · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 494,000 | RM 494,000 | At reserve |
| No. D-9-11, Block D Apartment / Condo · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 323,000 | RM 350,000 | +8.4% |
| No. B-21-08, Block B Apartment / Condo · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 540,000 | RM 540,000 | At reserve |
| No. B-41-07, Residensi Altris Apartment / Condo · Kuala Lumpur | 17 Sep 2026 | 3rd auction | RM 339,600 | RM 339,600 | At reserve |
About This Lelong Apartment / Condo for Sale in Kuala Lumpur
This bank auction (lelong) apartment / condo in Tower B, Kuala Lumpur is for sale by auction with a reserve price of RM486,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold apartment unit at Residensi Rimbunan (Petalz Residence), off Jalan Klang Lama in Kuala Lumpur, offers 926 sq ft of built-up space. It is a bank auction (lelong) property by OCBC Bank Malaysia Berhad, with a reserve price of RM486,000 against a market value of RM540,000, about 10% below market. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. B-17-01, Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 486,000 is about 10% below the estimated market value of RM 540,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 486,000, set by OCBC 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 6 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.
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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