Apartment / CondoFreehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Emerald Residence 6-22

No. 6-22, Emerald Residence, Jalan Mutiara Cheras 1, 43200 Cheras, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Emerald Residence 6-22
Reserve Price
RM 324,000
Market Price
RM 400,000
You save
RM 76,000
19% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
1,130 sqft
Auction Date
17 Sep 2026 · 10:30 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Area
Cheras
Region
Selangor
Reference
46CEDAEC20

Auction History

RoundAuction DateReserve PriceResult
1st auction29 Jul 2026RM 400,000Unsold
2nd auction26 Aug 2026RM 360,000Unsold
3rd auction17 Sep 2026RM 324,000Upcoming

Recent auction sold prices for apartment / condo in Cheras

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
No. A-L11-08, Netizen Residensi
Apartment / Condo · Cheras
26 Aug 20264th auctionRM 388,800RM 446,000+14.7%
No. A-10-9, 10th Floor
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28 Jul 20266th auctionRM 486,000RM 486,000At reserve
No. 13A-3A, Medan Connaught (The Annex)
Apartment / Condo · Cheras
28 Jul 20262nd auctionRM 408,000RM 410,000+0.5%
No. C-28-03, Residensi Emerald Damai
Apartment / Condo · Cheras
17 Jul 20263rd auctionRM 429,300RM 480,000+11.8%
No. 23-11, Residensi Neksus Taman Pertama
Apartment / Condo · Cheras
15 Jul 20262nd auctionRM 414,000RM 422,000+1.9%

Sold Auction Prices in Selangor

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Emerald Residence, Cheras is for sale by auction with a reserve price of RM324,000, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.

Bank auction (lelong) property in Cheras: a freehold condominium at Emerald Residence with 1,130 sq ft built-up. Reserve price is RM 324,000, a 19% discount from the RM 400,000 market value. Perfect for investment or own stay. Contact Peter Tan for auction details.

No. 6-22, Emerald Residence, Jalan Mutiara Cheras 1, 43200 Cheras, Selangor

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FAQ

How much below market value is this Apartment / Condo in Cheras?+

The reserve price of RM 324,000 is about 19% below the estimated market value of RM 400,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 324,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 17 Sep 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Cheras?+

Register for the auction, pay the 10% deposit, and bid on auction day. Contact Peter Tan to guide you through registration, deposit and bidding.

Is financing available for auction properties?+

Yes, many banks finance auction (lelong) properties. Get loan pre-approval before bidding. Contact Peter Tan for details.

Important note

Prices and auction dates are indicative and subject to change by the auctioning bank. Reserve prices may be revised. Please contact us to confirm the latest details before bidding.

Last updated: 7 Sep 2026

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