Apartment / CondoLeasehold39%below market

Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 8 B8/J/8-16

No. B8/J/8-16, Tower 8 (Palazo Caprini), Venice Hill Condominium, Persiaran Puteri Satu, Taman Puteri, 43200, Cheras, Selangor

📅 No upcoming auction date yet (previous round unsold). Contact Peter Tan to register your interest and be notified of the next auction.
Apartment / Condo for Sale by Auction (Lelong) in Cheras · Tower 8 B8/J/8-16
Reserve Price
RM 175,500
Market Price
RM 287,705
You save
RM 112,205
39% below market

Property Details

Type
Apartment / Condo
Tenure
Leasehold
Built-Up
1,539 sqft
Auction Date
Date to be confirmed
Auction Round
6th auction · lower reserve
Auctioning Bank
CIMB Islamic Bank
Area
Cheras
Region
Selangor
Reference
6890B02203

About This Lelong Apartment / Condo for Sale in Cheras

This bank auction (lelong) apartment / condo in Tower 8, Cheras is for sale by auction with a reserve price of RM175,500, around 39% below market value. Auction properties like this one in Cheras can often be bought below market price.

No. B8/J/8-16, Tower 8 (Palazo Caprini), Venice Hill Condominium, Persiaran Puteri Satu, Taman Puteri, 43200, Cheras, Selangor

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FAQ

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

The reserve price of RM 175,500 is about 39% below the estimated market value of RM 287,705. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 175,500, 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 to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.

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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