Apartment / Condo for Sale by Auction (Lelong) in Cheras
No. A-22-03, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Auction Date
- 24 Sep 2026 · 10:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Islamic Bank
- Area
- Cheras
- Region
- Selangor
- Reference
- AFD80BB506
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 23 Apr 2026 | RM 450,000 | Unsold |
| 2nd auction | 24 Sep 2026 | RM 364,500 | 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. B-09-03A, Damai Hillpark Apartment / Condo · Cheras | 14 Sep 2026 | 4th auction | RM 288,000 | RM 320,000 | +11.1% |
| 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% |
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 RM364,500, around 19% below market value. Auction properties like this one in Cheras can often be bought below market price.
This freehold apartment in Cheras, Selangor, is a bank auction (lelong) unit at Residensi Sembilan Cheras, offered by CIMB Islamic Bank. With a reserve price of RM364,500 against a market value of RM450,000, it presents a 19% below-market opportunity. Contact agent Peter Tan for auction details; the auction date is 24 September 2026.
Location
Open in Google Maps ↗No. A-22-03, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 364,500 is about 19% below the estimated market value of RM 450,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 364,500, 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 24 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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