Lelong Condominium · Batu Caves, Selangor
Condominium at Menara Penaga, Raintree, Batu Caves
B-22-05 Menara Penaga, Jalan Ariza Off Jln Raintree, Batu Caves, SelangorCondominium at Menara Penaga, Raintree, Batu Caves
This condominium at Menara Penaga, Raintree offers about 926 sq ft of built-up space in Batu Caves, Selangor. With a reserve price of RM280,000, 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 Batu Caves in the Gombak district, home to the well-known Batu Caves temple.
- Accessibility: Served by the KTM Komuter Batu Caves station, MRR2 and the Selayang–Kepong highway.
- Property Specs: Condominium, approximately 926 sq ft built-up.
- Auction Status: LACA auction on 21 October 2026 — reserve price RM280,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM280,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM28,000) 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 | Sidek Teoh Wong & Dennis |
| Tenure | Leasehold (verify against the POS) |
| Property Category | High-Rise Residential (Condominium) |
| Unit Address | B-22-05 Menara Penaga, Jalan Ariza Off Jln Raintree 68100 Batu Caves Selayang, Selangor |
Frequently Asked Questions
What is the reserve price of this Menara Penaga, Raintree condominium?
The reserve price is RM280,000 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 (RM28,000), 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.
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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 Batu Caves Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.