Verve Suites KL South: Apartment / Condo Auction in Kuala Lumpur Ended · 21 Aug
Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 872 sqft
- Auction Date
- 21 Aug 2026 · 03:30 PM
- Auction Round
- 4th auction · lower reserve
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 5AA0953162
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 22 Jul 2026 | RM 588,000 | Unsold |
| 3rd auction | 22 Jul 2026 | RM 588,000 | Unsold |
| 4th auction | 21 Aug 2026 | RM 530,000 | Unsold |
Against Verve Suites KL South subsale prices
This reserve is about 39% below the building's JPPH-registered subsale median (scaled to the unit size) (25 transfers, 36 months).
Subsale median RM958,000, RM1000 psf, JPPH-registered subsale transfers, 36 months.
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 |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Apartment / Condo Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) apartment / condo in Verve Suites KL South, Kuala Lumpur has ended (21 Aug 2026), at a last-round reserve of RM530,000. That round went unsold and no new date has been set. Banks often bring such properties back at a lower reserve; the record is kept as a reference for auction buyers in Kuala Lumpur.
Bank auction (lelong) apartment in Verve Suites KL South, Kuala Lumpur. Freehold tenure with 872 sqft built-up area, reserve price RM530,000 versus market value RM726,027, offering 27% below market. Contact agent Crispina Ng for auction details.
Location
Open in Google Maps ↗Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
FAQ
What happened at this apartment / condo auction in Kuala Lumpur?+
The round went unsold (no bid met the reserve), auction date 21 Aug 2026, last-round reserve RM 530,000. No newer round is listed.
Can I still buy this property?+
There is no auction open for it right now. Banks often relist such properties at a reserve about 10% lower. Contact Crispina Ng 013-744 9391 to hear if it returns, or when a similar apartment / condo in Kuala Lumpur comes up.
How much cheaper is the next round?+
The reserve usually drops by about 10% after each unsold round, at the bank's discretion. See the BidNest market report for current clearance rates and discounts.
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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