Apartment / CondoLeasehold23%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Mentari Condo C-12-4

No. C-12-4, Blok C, Mentari Condo, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur

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Apartment / Condo for Sale by Auction (Lelong) in Cheras · Mentari Condo C-12-4
Reserve Price
RM 387,000
Market Price
RM 502,597
You save
RM 115,597
23% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,001 sqft
Auction Date
Date to be confirmed
Auction Round
4th auction · lower reserve
Auctioning Bank
Malaysia Building Society Berhad
Area
Cheras
Region
Kuala Lumpur
Reference
302EB54F5E

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Mentari Condo, Cheras is for sale by auction with a reserve price of RM387,000, around 23% below market value. Auction properties like this one in Cheras can often be bought below market price.

No. C-12-4, Blok C, Mentari Condo, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur

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FAQ

How much below market value is this Apartment / Condo in Cheras?+

The reserve price of RM 387,000 is about 23% below the estimated market value of RM 502,597. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 387,000, set by Malaysia Building Society 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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