Apartment / CondoLeasehold19%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras

No. 2-08-09, Block 2, Pangsapuri Cheras Utama, Jalan CU 1/A, Taman Cheras Utama, 43200, Cheras, Selangor

📅 No upcoming auction date yet (previous round unsold). Contact Peter Tan to register your interest and be notified of the next auction.
Apartment / Condo for Sale by Auction (Lelong) in Cheras
Reserve Price
RM 235,000
Market Price
RM 290,123
You save
RM 55,123
19% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Land Area
872 sqft
Auction Date
Date to be confirmed
Auction Round
3rd auction · lower reserve
Auctioning Bank
Standard Chartered Bank Malaysia Berhad
Area
Cheras
Region
Selangor
Reference
FB0641E4FB

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Cheras is for sale by auction with a reserve price of RM235,000, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.

No. 2-08-09, Block 2, Pangsapuri Cheras Utama, Jalan CU 1/A, Taman Cheras Utama, 43200, Cheras, Selangor

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FAQ

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

The reserve price of RM 235,000 is about 19% below the estimated market value of RM 290,123. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 235,000, set by Standard Chartered 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 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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