Apartment / CondoFreehold19%below market

Apartment / Condo for Auction in Cheras · Residensi Emerald Damai

No. C-28-03, Residensi Emerald Damai, No. 2, Jalan Desa Cheras 10, Taman Desa Cheras, 56000 Cheras, Kuala Lumpur

Apartment / Condo for Auction in Cheras · Residensi Emerald Damai
Reserve Price
RM 429,300
Market Price
RM 530,000
You save
RM 100,700
19% below market

Property Details

TypeApartment / Condo
TenureFreehold
Built-Up893 sqft
AreaCheras
RegionKuala Lumpur
Auction Date17 Jul 2026 · 03:30 PM
Auction Round3rd auction · lower reserve
Auctioning BankHong Leong Bank Berhad
Reference2B09852EF1

Overview

This freehold apartment in Cheras, Kuala Lumpur, is a bank auction (lelong) property with a reserve price of RM429,300, which is 19% below the estimated market value of RM530,000. The unit offers 893 sqft of built-up space and is located at Residensi Emerald Damai. Contact agent Tan for auction details.

No. C-28-03, Residensi Emerald Damai, No. 2, Jalan Desa Cheras 10, Taman Desa Cheras, 56000 Cheras, Kuala Lumpur

Map of No. C-28-03, Residensi Emerald Damai

FAQ

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

The reserve price of RM 429,300 is about 19% below the estimated market value of RM 530,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 429,300, set by Hong Leong Bank Berhad — the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 17 Jul 2026. Dates and reserve prices may be revised by the bank — contact 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 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 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: 5 Jul 2026

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