Apartment / CondoLeasehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · (on-site is Tower D D-11-08

No. D-11-08, (on-site is Tower D, M Vertica), Residensi M Vertika, Batu 2 1/2, Jalan Cheras, 56000 Kuala Lumpur.

Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur · (on-site is Tower D D-11-08
Reserve Price
RM 365,000
Market Price
RM 450,617
You save
RM 85,617
19% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
850 sqft
Auction Date
26 Aug 2026 · 10:30 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
Alliance Islamic Bank Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
34C8DFF07F

About This Lelong Apartment / Condo for Sale in Kuala Lumpur

This bank auction (lelong) apartment / condo in (on-site is Tower D, Kuala Lumpur is for sale by auction with a reserve price of RM365,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This is a leasehold apartment in Cheras, Kuala Lumpur, offered as a bank auction (lelong) property by Alliance Islamic Bank Berhad. With a built-up area of 850 sq ft, the reserve price is RM365,000, which is 19% below the estimated market value of RM450,617. The auction is scheduled for 26 August 2026; contact agent Peter Tan for details.

No. D-11-08, (on-site is Tower D, M Vertica), Residensi M Vertika, Batu 2 1/2, Jalan Cheras, 56000 Kuala Lumpur.

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FAQ

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

The reserve price of RM 365,000 is about 19% below the estimated market value of RM 450,617. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 365,000, set by Alliance Islamic 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 Kuala Lumpur?+

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: 20 Aug 2026

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