Lelong Condominium · Kota Kinabalu, Sabah
Condominium at Jesselton Residences, Kota Kinabalu
Parcel No. C-20-C2 (Dbkk Unit No. C-20-05), Block C, Level 20, Jesselton Residences, Jalan Haji Saman, Kota Kinabalu, SabahCondominium at Jesselton Residences, Kota Kinabalu
This condominium at Jesselton Residences offers about 965 sq ft of built-up space in Kota Kinabalu, Sabah. With a reserve price of RM825,000, 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: Condominium, approximately 965 sq ft built-up.
- Auction Status: LACA auction on 23 October 2026 — reserve price RM825,000 (1st auction).
Auction Terms & Property Details
| Reserve Price | RM825,000 |
|---|---|
| Deposit Required | 10% of reserve price (RM82,500) 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 (Condominium) |
| Unit Address | Parcel No. C-20-C2 (Dbkk Unit No. C-20-05), Block C, Level 20, Jesselton Residences, Jalan Haji Saman, 88000 Kota Kinabalu, Sabah |
Frequently Asked Questions
What is the reserve price of this Jesselton Residences condominium?
The reserve price is RM825,000 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 (RM82,500), 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 Kota Kinabalu Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.
