Apartment / Condo for Sale by Auction (Lelong) in Cheras · You City B-24-06
No. B-24-06, You 3, Jalan You City , You City, 43200 Cheras, Selangor
Property Details
- Type
- Apartment / Condo
- Tenure
- Leasehold
- Built-Up
- 893 sqft
- Auction Date
- 10 Sep 2026 · 10:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Hong Leong Bank Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 2F0BB4DE15
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 29 Apr 2026 | RM 560,000 | Unsold |
| 2nd auction | 21 Aug 2026 | RM 560,000 | Unsold |
| 3rd auction | 10 Sep 2026 | RM 504,000 | Upcoming |
Recent auction sold prices for apartment / condo in Cheras
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. A-L11-08, Netizen Residensi Apartment / Condo · Cheras | 26 Aug 2026 | 4th auction | RM 388,800 | RM 446,000 | +14.7% |
| No. A-10-9, 10th Floor Apartment / Condo · Cheras | 28 Jul 2026 | 6th auction | RM 486,000 | RM 486,000 | At reserve |
| No. 13A-3A, Medan Connaught (The Annex) Apartment / Condo · Cheras | 28 Jul 2026 | 2nd auction | RM 408,000 | RM 410,000 | +0.5% |
| No. C-28-03, Residensi Emerald Damai Apartment / Condo · Cheras | 17 Jul 2026 | 3rd auction | RM 429,300 | RM 480,000 | +11.8% |
| No. 23-11, Residensi Neksus Taman Pertama Apartment / Condo · Cheras | 15 Jul 2026 | 2nd auction | RM 414,000 | RM 422,000 | +1.9% |
About This Lelong Apartment / Condo for Sale in Cheras
This bank auction (lelong) apartment / condo in You City, Cheras is for sale by auction with a reserve price of RM504,000, around 10% below market value. Auction properties like this one in Cheras can often be bought below market price.
This leasehold condominium in Cheras, Selangor is offered as a bank auction (lelong) property. With a built-up area of 893 sqft, the reserve price is RM504,000, which is 10% below the estimated market value of RM560,000. Cheras is a well-established township, making this a potentially attractive investment. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. B-24-06, You 3, Jalan You City , You City, 43200 Cheras, Selangor
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 504,000 is about 10% below the estimated market value of RM 560,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 504,000, set by Hong Leong Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 10 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.
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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