Terrace HouseFreehold19%below market

Terrace House for Sale by Auction (Lelong) in Cheras · 52, Jalan Penghulu 12/3

No. 52, Jalan Penghulu 12/3, Bandar Mahkota Cheras, 43200 Cheras, Selangor

Terrace House for Sale by Auction (Lelong) in Cheras · 52, Jalan Penghulu 12/3
Reserve Price
RM 469,800
Market Price
RM 580,000
You save
RM 110,200
19% below market

Property Details

Type
Terrace House
Tenure
Freehold
Land Area
1,302 sqft
Auction Date
7 Sep 2026 · 09:00 AM
Auction Round
6th auction · lower reserve
Auctioning Bank
Ambank Islamic Berhad
Area
Cheras
Region
Selangor
Reference
D71FC25D91

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 RM469,800, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.

Freehold terrace house in Bandar Mahkota Cheras, Selangor, available through a bank auction. Offered at a reserve price of RM 469,800, roughly 19% below the estimated market value of RM 580,000. Contact agent Peter Tan for details on this lelong property and auction procedures.

No. 52, Jalan Penghulu 12/3, Bandar Mahkota Cheras, 43200 Cheras, Selangor

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FAQ

How much below market value is this Terrace House in Cheras?+

The reserve price of RM 469,800 is about 19% below the estimated market value of RM 580,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 469,800, set by Ambank Islamic Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 7 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: 13 Aug 2026

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