Shop OfficeLeasehold10%below market

Shop Office for Sale by Auction (Lelong) in Cheras

Menara Seni Cheras (Arte Cheras), No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.

📅 No upcoming auction date yet (previous round unsold). Contact Crispina Ng to register your interest and be notified of the next auction.
Shop Office for Sale by Auction (Lelong) in Cheras
Reserve Price
RM 423,000
Market Price
RM 470,000
You save
RM 47,000
10% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Built-Up
940 sqft
Auction Date
Date to be confirmed
Auction Round
2nd auction
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Cheras
Region
Kuala Lumpur
Reference
C29171BC19

Auction History

RoundAuction DateReserve PriceResult
1st auction22 Sep 2026RM 470,000Unsold
2nd auction22 Oct 2026RM 423,000Unsold

About This Lelong Shop Office for Sale in Cheras

This bank auction (lelong) shop office in Cheras is for sale by auction with a reserve price of RM423,000, around 10% below market value. Auction properties like this one in Cheras can often be bought below market price.

This 940 sq ft office unit or shop lot at Menara Seni Cheras (Arte Cheras), Jalan Cheras in Taman Midah, Cheras, Kuala Lumpur, is a leasehold bank auction property. The reserve price is RM423,000 against a market value of RM470,000, about 10% below market, with the auction set for 22 October 2026. Contact Crispina Ng for auction details and financing guidance.

Menara Seni Cheras (Arte Cheras), No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.

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FAQ

How much below market value is this Shop Office in Cheras?+

The reserve price of RM 423,000 is about 10% below the estimated market value of RM 470,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 423,000, set by United Overseas Bank (Malaysia) 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 Crispina Ng 013-744 9391 for the latest schedule.

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.

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: 4 Nov 2026

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