Apartment / CondoLeasehold27%below market

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

No. B-17-03, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 43200 Cheras, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Cheras
Reserve Price
RM 262,500
Market Price
RM 359,589
You save
RM 97,089
27% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
602 sqft
Auction Date
27 Aug 2026 · 11:30 AM
Auction Round
7th auction · lower reserve
Auctioning Bank
Malaysia Building Society Berhad
Area
Cheras
Region
Selangor
Reference
EADA4CD18F

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 RM262,500, around 27% below market value. Auction properties like this one in Cheras can often be bought below market price.

This is a leasehold condominium/apartment in Cheras, Selangor, offered at a bank auction (lelong) with a reserve price of RM262,500, which is about 27% below the estimated market value of RM359,589. The unit, located at The Mark @ Cheras, has a built-up area of 602 sqft. Contact agent Peter Tan for auction details and viewing.

No. B-17-03, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 43200 Cheras, Selangor

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FAQ

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

The reserve price of RM 262,500 is about 27% below the estimated market value of RM 359,589. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 262,500, set by Malaysia Building Society Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 27 Aug 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: 13 Aug 2026

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