Setapak

BANK AUCTION
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The subject property is a SINGLE STOREY DETACHED HOUSE.

Address
No.25, Jalan Ladang Maktab, 54000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.

- 10,944 sq.ft MASSIVE freehold land - Rare in KL, can build 2.5-storey bungalow + pool + 4-5 car parks
- Freehold + No Restriction - Sekatan Tiada, anyone can buy, no DBKL consent needed, fast transfer
- Single Storey Detached - Low cost to rebuild / renovate, can extend to 3-storey (DBKL allow 50% plot ratio)
- Location - 5 min to LRT Taman Melati, 8 min to KL East Mall, 10 min to Duke Highway, Gombak, Melawati, Wangsa Maju
- Individual Title Geran 33880 - Not master title, bank can loan 90%
- Auction discount 20-30% -
- Land alone worth RM4.5M
- No flood, quiet kampung road - Good for own stay or developer build 2 bungalows (subject to DBKL subdivision)

Auction Date 15 / 12 / 2026
Register by 10 / 12 / 2026

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.