Apartment / Condo for Auction in Cheras · Silk Residence
No. 7-09, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200 Cheras, Selangor Darul Ehsan.
Property Details
Overview
This 1,066 sqft freehold apartment in Cheras, Selangor, is a bank auction (lelong) property with a reserve price of RM319,140, which is 41% below the market value of RM540,915. Located at Silk Residence along Lebuhraya Silk, it offers great potential for investors or homeowners. Contact agent Tan for auction details.
Location
Open in Google Maps ↗No. 7-09, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200 Cheras, Selangor Darul Ehsan.
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 319,140 is about 41% below the estimated market value of RM 540,915. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 319,140, set by Standard Chartered Bank Malaysia Berhad — the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 15 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.
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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