Terrace House for Sale by Auction (Lelong) in Cheras · 7, Jalan Damai Kasih 12
No. 7, Jalan Damai Kasih 12, Alam Damai, 56000 Cheras, Kuala Lumpur
Property Details
- Type
- Terrace House
- Tenure
- Leasehold
- Land Area
- 3,197 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 10th auction · lower reserve
- Auctioning Bank
- Bank Simpanan Nasional
- Area
- Cheras
- Region
- Kuala Lumpur
- Reference
- 650E47B8EE
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 9th auction | 26 Feb 2026 | RM 1,350,000 | Unsold |
| 10th auction | 20 Aug 2026 | RM 1,215,000 | Unsold |
Recent auction sold prices for terrace house in Cheras
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. 11A, Jalan Hulubalang 9/4 Terrace House · Cheras | 26 Feb 2026 | 3rd auction | RM 335,700 | RM 335,700 | At reserve |
| No. 19, Jalan 4 Terrace House · Cheras | 9 Sep 2025 | 8th auction | RM 469,800 | RM 525,800 | +11.9% |
About This Lelong Terrace House for Sale in Cheras
This bank auction (lelong) terrace house in Jalan Damai Kasih 12, Cheras is for sale by auction with a reserve price of RM1,215,000, around 20% below market value. Auction properties like this one in Cheras can often be bought below market price.
This leasehold terrace house in Alam Damai, Cheras, Kuala Lumpur is being auctioned by Bank Simpanan Nasional at a reserve price of RM1,215,000, which is 20% below the market value of RM1,518,750. The property sits on a 3,197 sqft land and offers a great opportunity for buyers. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 7, Jalan Damai Kasih 12, Alam Damai, 56000 Cheras, Kuala Lumpur
FAQ
How much below market value is this Terrace House in Cheras?+
The reserve price of RM 1,215,000 is about 20% below the estimated market value of RM 1,518,750. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 1,215,000, set by Bank Simpanan Nasional, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.
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.
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.
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