Tower C1: Apartment / Condo for Sale by Auction (Lelong) in Kuala Lumpur
Tower C1, Arte Cheras, No. 689, Jalan Cheras, Taman Midah, Cheras, 56000, Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 868 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Affin Bank Berhad
- Region
- Kuala Lumpur
- Reference
- 67B0F539E6
About This Lelong Apartment / Condo for Sale in Kuala Lumpur
This bank auction (lelong) apartment / condo in Tower C1, Kuala Lumpur is for sale by auction with a reserve price of RM341,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This leasehold apartment at Arte Cheras, Tower C1 on Jalan Cheras in Taman Midah, Cheras, Kuala Lumpur offers 868 sq ft of built-up space and is being sold through a bank auction by Affin Bank Berhad. The reserve price is RM341,000 against a market value of RM420,988, about 19% below market. The next auction date is yet to be announced; contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗Tower C1, Arte Cheras, No. 689, Jalan Cheras, Taman Midah, Cheras, 56000, Kuala Lumpur
FAQ
How much below market value is this Apartment / Condo in Kuala Lumpur?+
The reserve price of RM 341,000 is about 19% below the estimated market value of RM 420,988. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 341,000, set by Affin Bank Berhad, 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 Crispina Ng 013-744 9391 for the latest schedule.
How do I bid on this property in Kuala Lumpur?+
Register for the auction, pay the 5% to 10% deposit, and bid on auction day. Contact Crispina Ng 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 Crispina Ng 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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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Where to Find Lelong Properties in Malaysia: Every Listing Source Compared
- Do You Need a Lelong Agent? How to Choose and Check One
- LPPSA Auction House: Can You Use LPPSA to Buy a Lelong Home?
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