Lelong Condominium · IOI Resort City, Selangor
Condominium at Gems Residences (Unit Gc1-22-02), IOI Resort City
Gc1-22-02 Gems Residences Lebuh Irc Ioi Resort City Putrajaya, IOI Resort City, SelangorCondominium at Gems Residences (Unit Gc1-22-02), IOI Resort City
This condominium at Gems Residences (Unit Gc1-22-02) offers about 1,410 sq ft of built-up space in IOI Resort City, Selangor. With a reserve price of RM750,000, it suits owner-occupiers, families and investors.
The property is being sold through a LACA (Loan Agreement Cum Assignment) auction handled by Ng Chan Mau & Co Sdn Bhd. In a LACA auction, the purchaser takes over the borrower's rights under the sale and purchase agreement, so developer or proprietor consent is usually required for the transfer. Sold strictly on an "as-is-where-is" basis.
- Location Advantage: Located in IOI Resort City, next to Putrajaya, home to IOI City Mall.
- Accessibility: Accessible via the MEX, the North–South Expressway Central Link (ELITE) and the SKVE.
- Property Specs: Condominium, approximately 1,410 sq ft built-up.
- Auction Status: LACA auction on 21 October 2026 — reserve price RM750,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM750,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM75,000) by bank draft |
| Auction Date | |
| Auction Type | LACA (Loan Agreement Cum Assignment) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | Ng Chan Mau & Co Sdn Bhd |
| Solicitor | Che Mokhtar & Ling |
| Tenure | Freehold (verify against the POS) |
| Property Category | High-Rise Residential (Condominium) |
| Unit Address | Gc1-22-02 Gems Residences Lebuh Irc Ioi Resort City Putrajaya 62502 Sepang, Selangor |
Frequently Asked Questions
What is the reserve price of this Gems Residences (Unit Gc1-22-02) condominium?
The reserve price is RM750,000 for the auction on 21 October 2026. Bidding starts from this reserve price.
How much deposit do I need to bid?
You need a 10% deposit of the reserve price (RM75,000), prepared as a bank draft before the auction day.
Can I get a bank loan for this LACA auction property?
Yes, buyers can generally use housing loans for LACA properties. However, you must get your loan pre-approved before bidding, as the balance is typically due within 90 days depending on the Conditions of Sale.
Check Your Loan Eligibility via WhatsApp →
Can I view the interior before the auction?
No, interior viewing is usually not permitted because auction properties are sold strictly "as-is-where-is". You may only inspect the exterior and common areas of the building.
Interested in This IOI Resort City Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
