Apartment / CondoFreehold4%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 1 B1/A/11-3

No. B1/A/11-3, Tower 1, Persiaran Puteri 1, Taman Puteri (Venice Hills), 43200, Cheras, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 1 B1/A/11-3
Reserve Price
RM 250,000
Market Price
RM 260,417
You save
RM 10,417
4% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
1,539 sqft
Auction Date
9 Sep 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
CIMB Islamic Bank
Area
Cheras
Region
Selangor
Reference
0860FE60E2

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Tower 1, Cheras is for sale by auction with a reserve price of RM250,000, around 4% below market value. Auction properties like this one in Cheras can often be bought below market price.

Bank auction (lelong) for a freehold condominium in Cheras, Selangor. This spacious unit offers 1,539 sqft of built-up area with a reserve price of RM250,000, approximately 4% below market value. Contact Peter Tan for auction details.

No. B1/A/11-3, Tower 1, Persiaran Puteri 1, Taman Puteri (Venice Hills), 43200, Cheras, Selangor

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FAQ

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

The reserve price of RM 250,000 is about 4% below the estimated market value of RM 260,417. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 250,000, 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 9 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.

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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