A look at auction properties listed on EdgeProp.my revealed some deals that had reserve prices of at least 30% below market value (according to the respective agents handling the deals). Here are some of them.

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Brand new properties going under the hammer

*The latest auction dates have yet to be determined due to the MCO, please contact agents for more information.

Double-storey terraced house in Seksyen 7, Shah Alam, Selangor

Built-up: NA

Land area: 1,647 sqft

Bed/baths: 4 bedrooms and 4 bathrooms

Tenure: Leasehold

Reserve price: RM440,000 (33% below market value)

Bungalow house in Taman Yarl, KL

Built-up: 5,187 sqft

Land area: 4,822 sqft

Bed/baths: 6 bedrooms and 6 bathrooms

Tenure: Freehold

Reserve price: RM1,749,600 (38% below market value)

Duplex penthouse in G Residence Condominium, Kuchai Lama, KL

Built-up: 2,303 sq ft

Bed/baths: 4+1 bedrooms and 4 bathrooms

Tenure: Freehold

Reserve price: RM874,800 (33% below market value)

Unit at Central Residence Condominium, Jalan Sungai Besi, KL

Built-up: 1,089 sq ft

Bed/baths: 3 bedrooms and 2 bathrooms

Tenure: Freehold

Reserve price: RM417,600 (36% below market value)

Three-storey terraced house in Mutiara Bukit Jalil, KL

Built-up: 2,495 sqft

Land area: 1,399 sqft

Bed/baths: 5 bedrooms and 5 bathrooms

Tenure: Freehold

Reserve price: RM754,560 (37% below market value)

Serviced apartment at Sunway Nexis, Kota Damansara, Selangor

Built-up: 872 sq ft

Bed/baths: 1+1 bedrooms

and 2 bathrooms

Tenure: Leasehold

Reserve price: RM548,000 (45% below market value)

Three-storey corner terraced house in Reed Lakefields, Sungai Besi, KL

Built-up: 3,502 sq ft

Land area: 3,571 sq ft

Bed/baths: 5 bedrooms and 5 bathrooms

Tenure: Leasehold

Reserve price: RM1.18 million (35% below market value)

1.5-storey terraced house in Taman Impian Emas, Skudai, Johor

Built-up: 2,328 sq ft

Land area: 4,586 sq ft

Bed/baths: 5 bedrooms and 5 bathrooms

Tenure: Freehold

Reserve price: RM620,000  (30% below market value)

Unit at Residensi Encorp condominium, Puteri Harbour, Johor Bahru

Built-up: 695 sq ft

Bed/baths: 1 bedroom and 1 bathroom

Tenure: Freehold

Reserve price: RM308,500 (64% below market value)

Double-storey semidee house in Sunway Mutiara, Penang

Built-up: 2,552 sq ft

Land area: 3,552 sq ft

Bed/baths: 4 bedrooms and 3 bathrooms

Tenure: Freehold

Reserve price: RM974,300 (41% below market value)

2.5-storey semidee house in Taman Murai Jaya, Simpang Ampat, Penang

Built-up: 1,992 sq ft

Land area: 4,585 sq ft

Bed/baths: 4 bedrooms and 3 bathrooms

Tenure: Freehold

Reserve price: RM446,000 (34% below market value)

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This story first appeared in the EdgeProp.my e-Pub on June 5, 2020. You can access back issues here.

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