7, Jalan Permaisuri 8/6: Terrace House for Sale by Auction (Lelong) in Cheras
No. 7, Jalan Permaisuri 8/6, Seksyen 6, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Property Details
- Type
- Terrace House
- Tenure
- Freehold
- Land Area
- 1,076 sqft
- Auction Date
- 10 Nov 2026 · 09:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- Malayan Banking Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 29554680AE
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Residential
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Shah Alam
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 7 Apr 2026 | RM 500,000 | Unsold |
| 2nd auction | 10 Nov 2026 | RM 450,000 | 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 Permaisuri 8/6, Cheras is for sale by auction with a reserve price of RM450,000, around 10% 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 sits on a 1,076 sq ft land area and offers a practical foothold in an established township. It is a bank auction (lelong) property with a reserve price of RM450,000 against a market value of RM500,000, roughly 10 percent below market, and the auction is scheduled for 10 November 2026. Contact Crispina Ng for auction details and guidance on arranging financing.
Location
Open in Google Maps ↗No. 7, Jalan Permaisuri 8/6, Seksyen 6, Bandar Mahkota Cheras, 43200 Cheras, Selangor
FAQ
How much below market value is this Terrace House in Cheras?+
The reserve price of RM 450,000 is about 10% below the estimated market value of RM 500,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 450,000, set by Malayan Banking Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 10 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.
How long do I have to pay the balance after winning?+
The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.
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
- Winning Bid vs Reserve: Why Median Is the Reserve
Other auctions in Cheras
- Jalan Hijauan Residen 1B, Hijauan ResidenBungalow & Semi-D · CherasReserve RM 1,080,000
- Residensi Sembilan Cheras, Jalan Suria ResidenApartment / Condo · CherasReserve RM 810,000
- No. 12A, Jalan Hijauan Residen 2BBungalow & Semi-D · CherasReserve RM 855,000
- Block B, Jalan Sayang 1Apartment / Condo · CherasReserve RM 540,000
- Block B, Windows On The ParkApartment / Condo · CherasReserve RM 584,000
- Residensi Sembilan Cheras, Jalan Suria ResidenApartment / Condo · CherasReserve RM 394,000
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.
- The Resident @ Cempaka, Jalan Bunga Cempaka 2Apartment / Condo · 2nd auction · 24 Sep 2026Reserve RM 380,000Called off
- Jalan Damai Perdana 9/2J, Bandar Damai PerdanaTerrace House · 1st auction · 28 Sep 2026Reserve RM 600,000Called off
- Jalan You City, You CityApartment / Condo · 4th auction · 5 Oct 2026Reserve RM 453,600Sold RM 453,600
- Blok A, Residensi Cheras Selatan 2Apartment / Condo · 2nd auction · 12 Oct 2026Reserve RM 400,000Called off
- Arte Cheras, No. 689Apartment / Condo · 1st auction · 20 Oct 2026Reserve RM 480,000Called off
- Residensi Rimbunan, Jalan MahkotaApartment / Condo · 3rd auction · 20 Oct 2026Reserve RM 530,000Called off