Apartment / CondoFreehold10%below market

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

No. 11-03A, Residensi Aster Cheras, No 2A, Jalan Cheras Hartamas, Cheras, 56100 Kuala Lumpur

Apartment / Condo for Sale by Auction (Lelong) in Cheras
Reserve Price
RM 396,000
Market Price
RM 440,000
You save
RM 44,000
10% below market

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

RoundAuction DateReserve PriceResult
1st auction26 Aug 2026RM 440,000Unsold
2nd auction17 Sep 2026RM 396,000Upcoming

Recent auction sold prices for apartment / condo in Cheras

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
No. D-26-03A, 26th Floor
Apartment / Condo · Cheras
9 Sep 20262nd auctionRM 328,000RM 424,000+29.3%
No. A-L11-08, Netizen Residensi
Apartment / Condo · Cheras
26 Aug 20264th auctionRM 388,800RM 446,000+14.7%
No. A-10-9, 10th Floor
Apartment / Condo · Cheras
28 Jul 20266th auctionRM 486,000RM 486,000At reserve
No. 13A-3A, Medan Connaught (The Annex)
Apartment / Condo · Cheras
28 Jul 20262nd auctionRM 408,000RM 410,000+0.5%
No. C-28-03, Residensi Emerald Damai
Apartment / Condo · Cheras
17 Jul 20263rd auctionRM 429,300RM 480,000+11.8%

Sold Auction Prices in Kuala Lumpur

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.

No. 11-03A, Residensi Aster Cheras, No 2A, Jalan Cheras Hartamas, Cheras, 56100 Kuala Lumpur

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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.

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: 14 Sep 2026

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