Lelong 2-Storey Terrace House · Miri, Sarawak
2-Storey Terrace House at Milea Residences 2, Miri
Lot 2879, Milea Residences 2, Parkcity Eastwood, Off Miri By-Pass*, Miri, Sarawak2-Storey Terrace House at Milea Residences 2, Miri
This corner-lot 2-storey terrace house at Milea Residences 2 offers about 1,332 sq ft in Miri, Sarawak. With a reserve price of RM480,000, it suits upgraders, owner-occupiers and investors.
The property is being sold through a LACA (Loan Agreement Cum Assignment) auction handled by PMSB. 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 Miri, a resort and oil city in northern Sarawak.
- Accessibility: Accessible via the Pan Borneo Highway and Miri Airport.
- Property Specs: 2-Storey Terrace House, corner lot, approximately 1,332 sq ft.
- Auction Status: LACA auction on 21 October 2026 — reserve price RM480,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM480,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM48,000) by bank draft |
| Auction Date | |
| Auction Type | LACA (Loan Agreement Cum Assignment) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | PMSB |
| Solicitor | S.K. Ling & Tan Advocates (Kuching) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | Landed Residential (2-Storey Terrace) |
| Unit Address | Lot 2879, Milea Residences 2, Parkcity Eastwood, Off Miri By-Pass*, 98000 Miri, Sarawak |
Frequently Asked Questions
What is the reserve price of this Milea Residences 2 terrace house?
The reserve price is RM480,000 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 (RM48,000), 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 the surrounding neighbourhood.
Interested in This Miri Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
