Apartment / Condo for Sale by Auction (Lelong) in Cheras · Mahkota Garden B-3-01
No. B-3-01, Block B, Mahkota Garden, Jalan Mahkota Garden, Off Persiaran Mahkota Residence, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 1,425 sqft
- Auction Date
- 26 Aug 2026 · 02:00 PM
- Auction Round
- 7th auction · lower reserve
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 8E882CC703
About This Lelong Apartment / Condo for Sale in Cheras
This bank auction (lelong) apartment / condo in Mahkota Garden, Cheras is for sale by auction with a reserve price of RM396,000, around 14% below market value. Auction properties like this one in Cheras can often be bought below market price.
This freehold condominium apartment in Cheras, Selangor, is being auctioned by Hong Leong Bank Berhad. With a reserve price of RM396,000, it is priced 14% below the estimated market value of RM460,465. Built-up area is 1,425 sqft. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. B-3-01, Block B, Mahkota Garden, Jalan Mahkota Garden, Off Persiaran Mahkota Residence, Bandar Mahkota Cheras, 43200 Cheras, Selangor
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 396,000 is about 14% below the estimated market value of RM 460,465. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 396,000, 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 26 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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