Shop Office for Sale by Auction (Lelong) in Cheras
Menara Seni Cheras (Arte Cheras), No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.
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
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 22 Sep 2026 | RM 470,000 | Unsold |
| 2nd auction | 22 Oct 2026 | RM 423,000 | Unsold |
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.
Location
Open in Google Maps ↗Menara Seni Cheras (Arte Cheras), No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.
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.
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 Shop Office at Auction in KL & Selangor: Guide
- Financing Shortfall in Lelong? Manage the Gap After Winning
- Avoid These Mistakes When Buying Lelong Property
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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.
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