2, Jalan Penghulu 8/3: Terrace House for Sale by Auction (Lelong) in Cheras
No. 2, Jalan Penghulu 8/3, Seksyen 3, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Property Details
- Type
- Terrace House
- Tenure
- Freehold
- Auction Date
- 5 Nov 2026 · 10:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 149CA40C18
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 30 Jul 2026 | RM 1,050,000 | Unsold |
| 2nd auction | 5 Nov 2026 | RM 850,800 | Upcoming |
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 |
|---|---|---|---|---|---|
| Jalan Hulubalang 9/4, The Vantage Terrace House · Cheras | 26 Feb 2026 | 3rd auction | RM 335,700 | RM 335,700 | At reserve |
About This Lelong Terrace House for Sale in Cheras
This bank auction (lelong) terrace house in Jalan Penghulu 8/3, Cheras is for sale by auction with a reserve price of RM850,800, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.
This freehold link house in Bandar Mahkota Cheras, Cheras, Selangor is offered through a bank auction by Hong Leong Bank Berhad, with the auction set for 5 November 2026. The reserve price is RM850,800 against an estimated market value of RM1,050,370, a potential entry around 19% below market. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗No. 2, Jalan Penghulu 8/3, 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 850,800 is about 19% below the estimated market value of RM 1,050,370. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 850,800, 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 5 Nov 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
How do I bid on this property in Cheras?+
Register for the auction, pay the 5% to 10% deposit, and bid on auction day. Contact Crispina Ng 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 Crispina Ng 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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Lelong buying guides
- Cheras Auction Guide: Buy Lelong Properties Below Market
- Buying a Terrace House at Auction in KL & Selangor: Guide
- Types of Houses in Malaysia: Terrace, Semi-D, Bungalow, Condo
- Avoid These Mistakes When Buying Lelong Property
Other auctions in Cheras
- Jalan Mas 3, Taman Cheras MasTerrace House · CherasReserve RM 648,000
- Block A, Residensi SembilanApartment / Condo · CherasReserve RM 391,000
- Tower D, Emerald 9 CherasApartment / Condo · CherasReserve RM 365,500
- No. A-08-07, Blok AApartment / Condo · CherasReserve RM 500,000
- No. 2, Jalan Awana 25Terrace House · CherasReserve RM 800,000
- Block D, Emerald 9 CherasApartment / Condo · CherasReserve RM 540,000
Other auction records in Cheras
Nearby bank auctions that have ended: the last round's date, reserve price and outcome. Unit numbers are not shown.
- Block A, Emerald 9 CherasApartment / Condo · 4th auction · 28 Oct 2026Reserve RM 473,900Sold RM 502,000
- Emerald Residence, Jalan Mutiara Cheras 1Apartment / Condo · 5th auction · 28 Oct 2026Reserve RM 262,500Sold RM 262,500
- Netizen Residensi, Lebuh Utama Tun Hussein OnnApartment / Condo · 1st auction · 28 Oct 2026Reserve RM 450,000Called off