🔥 Save RM 55,000 Auction/Lelong Property! 3R2B @ Southbank Residence, Old Klang Road – Only RM 495,000 🔥
Discover a spacious 980 sqft freehold service apartment at Southbank Residence (Residensi Tebing Selatan), Old Klang Road, Kuala Lumpur. This end-lot unit comes with 2 carparks and is situated on a high floor within an established UOA development, offering modern residential facilities and convenient access to shopping destinations, commercial centres and major highways.
🏢 Freehold Service Apartment (End Lot | 2 Carparks)
📐 Built-Up Area: 980 sqft | 🛏️ 3 Bedrooms | 🛁 2 Bathrooms
💵 Reserve Price: RM 495,000
💰 Market Price: RM 550,000
💳 You Save: RM 55,000 (~10% Below Market)
📅 Auction Date: 22/10/2026
🛣️ Excellent Connectivity & Neighborhood
🚇 KTM Pantai Dalam accessible via the surrounding road network
🏬 Nearby Mid Valley Megamall, The Gardens Mall & Pearl Point Shopping Mall
🛣️ Connectivity via Old Klang Road, NPE, Federal Highway & East-West Link Expressway
🍽️ Surrounded by restaurants, cafés, supermarkets, convenience stores and neighbourhood retail amenities
🏥 Access to Pantai Hospital Kuala Lumpur and surrounding healthcare facilities
📈 Rental Potential & Market Insights
💵 Comparable Rental Asking Range: RM 2,400–RM 2,500/month
📊 Indicative Gross Yield Potential: ~5.8%–6.1% based on Reserve Price
👥 Suitable for families, working professionals, own-stay buyers and long-term residential investors
Rental estimates reflect advertised comparable 3-bedroom units measuring approximately 953–985 sqft within Southbank Residence, including furnished properties. Actual rental income depends on unit condition, furnishing and market demand. Gross yields exclude maintenance charges, financing, vacancy, repairs and other ownership expenses.
⚠️ Important Notes for Buyers
🧾 Estimated legal fees & related costs: ~5%–7% (Loan, SPA & MOT)
💸 10% down payment required (up to 90% financing, subject to bank approval)
👀 External viewing only (no vacant possession)
🌐 Online bidding — highest offer wins
📞 For full details, PM or contact:
📲 012-9989097