Apartment / CondoFreehold12%below market

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Urbano E-09-20

No. E-09-20, Urbano, Jalan Kontraktor U1/14, Seksyen U1, 40150 Shah Alam, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Shah Alam · Urbano E-09-20
Reserve Price
RM 420,000
Market Price
RM 477,273
You save
RM 57,273
12% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
883 sqft
Auction Date
26 Aug 2026 · 10:30 AM
Auction Round
2nd auction
Auctioning Bank
CIMB Islamic Bank
Area
Shah Alam
Region
Selangor
Reference
F50F847D9E

About This Lelong Apartment / Condo for Sale in Shah Alam

This bank auction (lelong) apartment / condo in Urbano, Shah Alam is for sale by auction with a reserve price of RM420,000, around 12% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

Bank auction (lelong) condominium/apartment in Shah Alam, Selangor. This freehold property with 883 sqft built-up is listed with a reserve price of RM420,000, approximately 12% below its market value of RM477,273. Contact agent Peter Tan for auction details.

No. E-09-20, Urbano, Jalan Kontraktor U1/14, Seksyen U1, 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 420,000 is about 12% below the estimated market value of RM 477,273. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 420,000, set by CIMB Islamic Bank, 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: 13 Aug 2026

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