Lelong 1-Storey Terrace House · Tuaran, Sabah
1-Storey Terrace House at Taman Orchid 2, Tuaran
Lot No. 8, Taman Orchid 2, Off Jalan Sulaman, Tuaran, Sabah1-Storey Terrace House at Taman Orchid 2, Tuaran
This intermediate-lot 1-storey terrace house at Taman Orchid 2 offers about 1,380 sq ft in Tuaran, Sabah. With a reserve price of RM370,000, it suits upgraders, owner-occupiers and investors.
The property is being sold through a LACA (Loan Agreement Cum Assignment) auction handled by Arena. 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 the Tuaran / Telipok area north of Kota Kinabalu.
- Accessibility: Accessible via Jalan Tuaran and the Pan Borneo Highway.
- Property Specs: 1-Storey Terrace House, intermediate lot, approximately 1,380 sq ft.
- Auction Status: LACA auction on 23 October 2026 — reserve price RM370,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM370,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM37,000) by bank draft |
| Auction Date | |
| Auction Type | LACA (Loan Agreement Cum Assignment) |
| Number of Auctions (NOA) | 1 (1st auction) |
| Auctioneer | Arena |
| Solicitor | Dr. Yee, Tan & Associates (Kota Kinabalu) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | Landed Residential (1-Storey Terrace) |
| Unit Address | Lot No. 8, Taman Orchid 2, Off Jalan Sulaman, 89200 Tuaran, Sabah |
Frequently Asked Questions
What is the reserve price of this Taman Orchid 2 terrace house?
The reserve price is RM370,000 for the auction on 23 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 (RM37,000), 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 the surrounding neighbourhood.
Interested in This Tuaran Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
