Apartment / CondoFreehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Netizen Residensi A-L11-08

No. A-L11-08, Netizen Residensi, Lebuh Utama Tun Hussein Onn, 43200 Cheras, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Netizen Residensi A-L11-08
Reserve Price
RM 388,800
Market Price
RM 480,000
You save
RM 91,200
19% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
924 sqft
Auction Date
26 Aug 2026 · 02:00 PM
Auction Round
4th auction · lower reserve
Auctioning Bank
Hong Leong Bank Berhad
Area
Cheras
Region
Selangor
Reference
D2840C6A33

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Netizen Residensi, Cheras is for sale by auction with a reserve price of RM388,800, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.

Bank auction apartment in Cheras, Selangor. This freehold unit (924 sqft) is offered at RM 388,800, about 19% below its market value of RM 480,000. Located at Netizen Residensi, it presents an attractive investment opportunity. Contact agent Peter Tan for auction details.

No. A-L11-08, Netizen Residensi, Lebuh Utama Tun Hussein Onn, 43200 Cheras, Selangor

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FAQ

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

The reserve price of RM 388,800 is about 19% below the estimated market value of RM 480,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 388,800, 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.

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: 17 Aug 2026

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