Terrace HouseLeasehold34%below market

Terrace House for Sale by Auction (Lelong) in Cheras · 2, Lorong Mewah 10

No. 2, Lorong Mewah 10, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur

📅 No upcoming auction date yet (previous round unsold). Contact Peter Tan to register your interest and be notified of the next auction.
Terrace House for Sale by Auction (Lelong) in Cheras · 2, Lorong Mewah 10
Reserve Price
RM 367,500
Market Price
RM 556,818
You save
RM 189,318
34% below market

Property Details

Type
Terrace House
Tenure
Leasehold
Land Area
1,894 sqft
Auction Date
Date to be confirmed
Auction Round
5th auction · lower reserve
Auctioning Bank
Hong Leong Bank Berhad
Area
Cheras
Region
Kuala Lumpur
Reference
BC7DD371B9

About This Lelong Terrace House for Sale in Cheras

This bank auction (lelong) terrace house in Lorong Mewah 10, Cheras is for sale by auction with a reserve price of RM367,500, around 34% below market value. Auction properties like this one in Cheras can often be bought below market price.

No. 2, Lorong Mewah 10, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur

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FAQ

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

The reserve price of RM 367,500 is about 34% below the estimated market value of RM 556,818. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 367,500, 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 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.

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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