Verve Suites KL South: Apartment / Condo Auction in Kuala Lumpur Sold for RM463,000 · 22 Oct
Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 871 sqft
- Auction Date
- 22 Oct 2026 · 03:00 PM
- Auction Round
- 7th auction
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Region
- Kuala Lumpur
- Reference
- 1871419956
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 4th auction | 22 Jul 2026 | RM 584,000 | Unsold |
| 5th auction | 21 Aug 2026 | RM 526,000 | Unsold |
| 6th auction | 22 Sep 2026 | RM 474,000 | Unsold |
| 7th auction | 22 Oct 2026 | RM 427,000 | Sold RM 463,000 |
Final hammer price RM 463,000, RM 36,000 above the last-round reserve.
Against Verve Suites KL South subsale prices
This reserve is about 51% 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.
About This Sold Lelong Apartment / Condo in Kuala Lumpur
This bank auction (lelong) apartment / condo in Verve Suites KL South, Kuala Lumpur was sold at auction on 22 Oct 2026 for RM463,000 (reserve price RM427,000). The record is kept as a price reference for auction buyers in Kuala Lumpur.
This freehold apartment at Verve Suites KL South on Jalan Klang Lama, Kuala Lumpur, has 871 sq ft of built-up space and is scheduled for bank auction on 22 October 2026 through United Overseas Bank (Malaysia) Berhad. The reserve price is RM427,000 against a market value of RM805,660, a discount of about 47 percent. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
FAQ
What did this Apartment / Condo in Kuala Lumpur sell for at auction?+
It sold for RM 463,000 on 22 Oct 2026 against a reserve price of RM 427,000, about 8.4% above reserve.
Can I still buy this property?+
No, this auction has concluded. Contact Crispina Ng 013-744 9391 to be notified of upcoming apartment / condo auctions in Kuala Lumpur.
How far below market do auction properties in Kuala Lumpur sell?+
Reserve prices are usually set below market value and drop roughly 10% after each unsold round. 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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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Bungalow Auction in KL & Selangor: What Buyers Must Know
- Buying a Terrace House at Auction in KL & Selangor: Guide
- Buying a Semi-D House at Lelong Auction in KL & Selangor
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