Residensi Emerald Damai: Apartment / Condo Auction in Kuala Lumpur Called Off
Residensi Emerald Damai, No. 2, Jalan Desa Cheras 10, Taman Desa Cheras, 56000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 893 sqft
- Auction Date
- 12 Nov 2026 · 03:00 PM
- Auction Round
- 2nd auction
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 49F2554D01
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 22 Oct 2026 | RM 530,000 | Unsold |
| 2nd auction | 12 Nov 2026 | RM 477,000 | Called off |
Against Residensi Emerald Damai subsale prices
This reserve is about 12% below the building's JPPH-registered subsale median (scaled to the unit size) (22 transfers, 36 months).
Subsale median RM558,500, RM604 psf, JPPH-registered subsale transfers, 36 months.
Recent auction sold prices for apartment / condo in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Residensi Agile Delima, Jalan Delima Apartment / Condo · Kuala Lumpur | 29 Oct 2026 | 7th auction | RM 506,000 | RM 630,000 | +24.5% |
| Residensi Ascenda, Jalan Arena 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 1st auction | RM 410,000 | RM 410,000 | At reserve |
| RC Residences (Residensi Bandar Razak), No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 3rd auction | RM 388,800 | RM 400,000 | +2.9% |
| Residensi Bandar Razak, No. 1 Apartment / Condo · Kuala Lumpur | 28 Oct 2026 | 6th auction | RM 235,100 | RM 340,000 | +44.6% |
| Verticas Residensi, No. 10 Apartment / Condo · Kuala Lumpur | 27 Oct 2026 | 4th auction | RM 1,275,800 | RM 1,285,000 | +0.7% |
About This Apartment / Condo Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) apartment / condo in Residensi Emerald Damai, Kuala Lumpur was called off, at a reserve price of RM477,000. A call-off usually means the borrower settled or the case was withdrawn, so the property is no longer open to bids. The details below are kept as a reference for auction buyers in Kuala Lumpur.
This freehold apartment at Residensi Emerald Damai in Taman Desa Cheras, Kuala Lumpur offers 893 sq ft and is scheduled for bank auction (lelong) on 12 November 2026. The reserve price is RM477,000 against a market price of RM530,000, about 10% below market. Contact Crispina Ng for auction details.
Location
Open in Google Maps ↗Residensi Emerald Damai, No. 2, Jalan Desa Cheras 10, Taman Desa Cheras, 56000 Kuala Lumpur
FAQ
Why was this apartment / condo auction in Kuala Lumpur cancelled?+
The auction was marked Call Off (cancelled), originally set for 12 Nov 2026. That usually means the borrower cleared the arrears before auction day, reached a settlement with the bank, or the case was withdrawn.
Can I still buy this property?+
Not for now. A called-off auction has no scheduled next round, though a property can return to auction if the loan defaults again. Contact Crispina Ng 013-744 9391 and we will watch for similar auction properties in Kuala Lumpur.
What is the difference between "called off" and "unsold"?+
Unsold means the auction went ahead but no bid met the reserve, and it usually returns at a lower reserve. Called off means the auction was withdrawn before it took place, with no next round scheduled. Postponed means a new date is still to be announced.
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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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Is Buying Lelong Property in Malaysia Safe? Risks, Benefits and Real Auction Data
- Bank Auction Properties for First-Time Buyers: What to Know
- Maximising ROI: Investing in Lelong Properties in KL & Selangor
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