Terrace House for Sale by Auction (Lelong) in Cheras · 13, Jalan Penghulu 12/3
No. 13, Jalan Penghulu 12/3, Seksyen 3, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Property Details
- Type
- Terrace House
- Tenure
- Freehold
- Land Area
- 1,302 sqft
- Auction Date
- 18 Aug 2026 · 09:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 2C93025D05
About This Lelong Terrace House for Sale in Cheras
This bank auction (lelong) terrace house in Jalan Penghulu 12/3, Cheras is for sale by auction with a reserve price of RM540,000, around 7% below market value. Auction properties like this one in Cheras can often be bought below market price.
A freehold terrace house in Bandar Mahkota Cheras, Selangor, is up for bank auction. Priced at RM540,000, it is 7% below the market value of RM580,645. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 13, Jalan Penghulu 12/3, Seksyen 3, Bandar Mahkota Cheras, 43200, Cheras, Selangor
FAQ
How much below market value is this Terrace House in Cheras?+
The reserve price of RM 540,000 is about 7% below the estimated market value of RM 580,645. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 540,000, set by Hong Leong Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 18 Aug 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.
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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