Apartment / Condo for Sale by Auction (Lelong) in Cheras
No. 11-03A, Residensi Aster Cheras, No 2A, Jalan Cheras Hartamas, Cheras, 56100 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 850 sqft
- Auction Date
- 17 Sep 2026 · 10:30 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Islamic Bank
- Area
- Cheras
- Region
- Kuala Lumpur
- Reference
- 0A30A91FD5
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 26 Aug 2026 | RM 440,000 | Unsold |
| 2nd auction | 17 Sep 2026 | RM 396,000 | Upcoming |
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. D-26-03A, 26th Floor Apartment / Condo · Cheras | 9 Sep 2026 | 2nd auction | RM 328,000 | RM 424,000 | +29.3% |
| 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% |
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 RM396,000, around 10% below market value. Auction properties like this one in Cheras can often be bought below market price.
This freehold apartment in Cheras, Kuala Lumpur offers a built-up area of 850 sq ft. It is a bank auction (lelong) property by CIMB Islamic Bank, with a reserve price of RM396,000 against a market value of RM440,000, representing a 10% below-market opportunity. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 11-03A, Residensi Aster Cheras, No 2A, Jalan Cheras Hartamas, Cheras, 56100 Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 396,000 is about 10% below the estimated market value of RM 440,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 396,000, set by CIMB Islamic Bank, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 17 Sep 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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