Apartment / Condo for Sale by Auction (Lelong) in Cheras · Pangsapuri Mahkota Residence 1-08
No. 1-08, Pangsapuri Mahkota Residence, Persiaran Mahkota Residence, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 1,076 sqft
- Auction Date
- 8 Oct 2026 · 09:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Ambank(M) Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- A57D36D0B7
Recent auction sold prices for apartment / condo in Cheras
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. A-L11-08, Netizen Residensi Apartment / Condo · Cheras | 26 Aug 2026 | 4th auction | RM 388,800 | RM 446,000 | +14.7% |
| No. A-10-9, 10th Floor Apartment / Condo · Cheras | 28 Jul 2026 | 6th auction | RM 486,000 | RM 486,000 | At reserve |
| No. 13A-3A, Medan Connaught (The Annex) Apartment / Condo · Cheras | 28 Jul 2026 | 2nd auction | RM 408,000 | RM 410,000 | +0.5% |
| No. C-28-03, Residensi Emerald Damai Apartment / Condo · Cheras | 17 Jul 2026 | 3rd auction | RM 429,300 | RM 480,000 | +11.8% |
| No. 23-11, Residensi Neksus Taman Pertama Apartment / Condo · Cheras | 15 Jul 2026 | 2nd auction | RM 414,000 | RM 422,000 | +1.9% |
About This Lelong Apartment / Condo for Sale in Cheras
This bank auction (lelong) apartment / condo in Pangsapuri Mahkota Residence, Cheras is for sale by auction with a reserve price of RM280,000, around 20% below market value. Auction properties like this one in Cheras can often be bought below market price.
This freehold apartment in Bandar Mahkota Cheras, Cheras, Selangor is offered via bank auction at a reserve price of RM280,000, which is 20% below its estimated market value of RM350,000. With a built-up area of 1,076 sqft, this property presents a potentially attractive investment opportunity. Contact agent Peter Tan for full auction details and viewing arrangements.
Location
Open in Google Maps ↗No. 1-08, Pangsapuri Mahkota Residence, Persiaran Mahkota Residence, Bandar Mahkota Cheras, 43200, Cheras, Selangor
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 280,000 is about 20% below the estimated market value of RM 350,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 280,000, set by Ambank(M) Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 8 Oct 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.
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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