30/09/2026
๐ก Winning Bid Went Above Reserve โ Yet Still ~27% Below Market Value
Not every auction property is secured at its reserve price.
For M Centura, the auction started at RM 308,500 and the successful bidder eventually secured the winning bid at RM 342,000.
๐ฐ Reserve Price: RM 308,500
๐จ Winning Bid: RM 342,000
๐ท๏ธ Estimated Market Value: RM 470,000
๐ต Difference from Market Value: RM 128,000 (~27%)
Even though the final price increased by RM 33,500 from the reserve price, it remained substantially below the estimated market value.
Congratulations to the successful bidder, and to Amy Sachdev on the successful case! Wishing the bidder a smooth process ahead. โจ
For auction buyers, the reserve price is only the starting point โ understanding the propertyโs estimated value before bidding can help you decide how far youโre comfortable going.
โน For more information or to express your interest, feel free to message Amy
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