Lelong Apartment · Kota Kinabalu, Sabah
Apartment at Taman Wangsa Phase 1, Kota Kinabalu
Unit No. G16-1, Block G, First Floor, Taman Wangsa Phase 1, Kota Kinabalu, SabahApartment at Taman Wangsa Phase 1, Kota Kinabalu
This apartment at Taman Wangsa Phase 1 offers about 1,164 sq ft of built-up space in Kota Kinabalu, Sabah. With a reserve price of RM250,000, it suits owner-occupiers, families 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 Kota Kinabalu, Sabah's state capital.
- Accessibility: Accessible via the Pan Borneo Highway and close to Kota Kinabalu International Airport.
- Property Specs: Apartment, approximately 1,164 sq ft built-up.
- Auction Status: LACA auction on 23 October 2026 — reserve price RM250,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM250,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM25,000) 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 | High-Rise Residential (Apartment) |
| Unit Address | Unit No. G16-1, Block G, First Floor, Taman Wangsa Phase 1, 88450 Kota Kinabalu, Sabah |
Frequently Asked Questions
What is the reserve price of this Taman Wangsa Phase 1 apartment?
The reserve price is RM250,000 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 (RM25,000), 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 Kota Kinabalu Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
