Seksyen 7

BANK AUCTION
============
The subject property is a 2-STOREY CORNER TERRACED HOUSE.

Address
No.2, Jalan Paladium 7/33, Seksyen 7, 40000 Shah Alam, Selangor.

Auction Date 11 / 11 / 2026
Register by 09 / 11 / 2026

- Corner Lot with Extra Land - can extend sideways, garden, parking 2-3 cars + extra bikes. Most in-demand in Seksyen 7.
- Mature Freehold-ish Area: Seksyen 7 is hot area - next to i-City, i-City Mall, Hospital Shah Alam, UiTM, UNISEL, MAZ International School
- Connectivity: 3 mins to Federal Highway, NKVE, Shapadu Highway, LRT3 Seksyen 7 station
- Rental Demand: High for UiTM students, Hospital staff, i-City workers - easy to rent.
- Auction Margin: Low entry RM590k vs MV RM900k = instant equity RM300k+ for refinancing later.
- Renovation Potential: Original house in photo looks unrenovated - easy to do modern design and flip

TO PARTICIPATE IN THE AUCTION, THE BIDDER MUST DEPOSIT A BANK DRAFT EQUIVALENT TO 10% OF THE PROPERTY'S RESERVE PRICE WITH THE HIGH COURT. THE DRAFT SHOULD BE MADE PAYABLE TO THE AUCTIONING BANK.

THE BIDDER'S FULL NAME, IC NUMBER, ADDRESS & EMAIL ARE REQUIRED FOR BANK REGISTRATION.

AUCTION PROCEDURES
1. The auction property is sold on an "as-is, where-is" basis.
2. Prospective bidders should conduct their own due diligence & inspections.
3. Bidding for this property will be conducted online.
4. If the bidder's bid is successful, the 10% bank draft will serve as bidder's down payment.
5. If the bidder is unsuccessful, the bank draft will be refunded.
6. Before participating in the auction, it is crucial for the bidder to consult banks to confirm their loan eligibility.
7. Bidder will have 120 days to secure a bank loan for the remaining balance of the purchase price.
8. Please note that the deposit will not be refunded if the bidder fails to secure a loan within the 120-day period.
9. I will provide full auction details & guide the bidder through the online bidding process.