Lelong Retail Lot · Nilai, Negeri Sembilan
Retail Lot at Pasar Rakyat Nilai 3, Nilai
D-42 Blok D, Pasar Rakyat Nilai 3, Jalan Nilai 3/4, Nilai 3, Nilai, Negeri SembilanRetail Lot at Pasar Rakyat Nilai 3, Nilai
This retail lot at Pasar Rakyat Nilai 3 offers about 151 sq ft of built-up space in Nilai, Negeri Sembilan. With a reserve price of RM16,000, it suits business owners 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 Nilai, a university and industrial town in Negeri Sembilan near KLIA.
- Accessibility: Accessible via the North–South Expressway (Nilai interchanges) and the KTM Komuter Nilai station.
- Property Specs: Retail Lot, approximately 151 sq ft built-up.
- Auction Status: LACA auction on 21 October 2026 — reserve price RM16,000 (16th auction).
Auction Terms & Property Details
| Reserve Price | RM16,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM1,600) by bank draft |
| Auction Date | |
| Auction Type | LACA (Loan Agreement Cum Assignment) |
| Number of Auctions (NOA) | 16 (16th auction) |
| Auctioneer | Ng Chan Mau & Co Sdn Bhd |
| Solicitor | Chan & Chia |
| Tenure | Freehold (verify against the POS) |
| Property Category | Commercial (Retail Lot) |
| Unit Address | D-42 Blok D, Pasar Rakyat Nilai 3, Jalan Nilai 3/4, Nilai 3 71800, Negeri Sembilan |
Frequently Asked Questions
What is the reserve price of this Pasar Rakyat Nilai 3 retail lot?
The reserve price is RM16,000 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 (RM1,600), 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 Nilai Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
