Apartment / CondoFreehold27%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 7 B7/J/12-5

No. B7/J/12-5, Tower 7 (Palazo Trissini), Persiaran Puteri 1, Taman Puteri (Venice Hills), 43200, Cheras, Selangor

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 7 B7/J/12-5
Reserve Price
RM 189,540
Market Price
RM 259,644
You save
RM 70,104
27% below market

Property Details

Type
Apartment / Condo
Tenure
Freehold
Built-Up
1,539 sqft
Auction Date
27 Aug 2026 · 09:00 AM
Auction Round
4th auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Area
Cheras
Region
Selangor
Reference
7904B28CB1

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Tower 7, Cheras is for sale by auction with a reserve price of RM189,540, around 27% below market value. Auction properties like this one in Cheras can often be bought below market price.

Freehold condominium in Cheras, Selangor available via bank auction (lelong). Located at Palazo Trissini, Tower 7 in Taman Puteri (Venice Hills), this 1,539 sqft unit has a reserve price of RM189,540, which is 27% below the market value of RM259,644. Contact Peter Tan for auction details.

No. B7/J/12-5, Tower 7 (Palazo Trissini), 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 189,540 is about 27% below the estimated market value of RM 259,644. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 189,540, set by CIMB Bank 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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