9 Semi-Detached for Sale by Auction (Lelong) in Cheras, Selangor
Cheras is a mature, well-connected suburb in Selangor, popular with families and investors seeking spacious semi-detached homes. Bank auction properties in Cheras offer a rare opportunity to secure such a house at below-market prices, often 10-40% less than market value. With a small but select inventory currently available through our auction house, buyers can register, pay the required 10% deposit, and bid on auction day. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Jalan Suasana 5/2
No. 26, Jalan Suasana 5/2, Bandar Tun Hussein Onn, 43200 Cheras, Selangor
Jalan Sering 8
No. 19, Jalan Sering 8, Sering 12 Avenue, Taman Sungai Sering, 43200, Cheras, Selangor
Jalan Hijauan Residen 3C
No. 3, Jalan Hijauan Residen 3C, Taman Hijauan Residen, 43200 Cheras, Selangor
Jalan Puncak Perdana 2A
No. 19, Jalan Puncak Perdana 2A, Pandan Heights, Taman Cheras Perdana, 43200, Cheras, Selangor
Jalan Pahlawan 4B/3
No. 1, Jalan Pahlawan 4B/3, Cassia Grove, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Jalan Suadamai 2/4
No. 21, Jalan Suadamai 2/4, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Jalan Pakis 3
No. 7071, Jalan Pakis 3, Taman Fern Grove, 43200 Cheras, Selangor
Jalan Hijauan Residen 2B
No. 12A, Jalan Hijauan Residen 2B, Taman Hijauan Residen, 43200, Cheras, Selangor
Jalan Puncak Perdana
No. 17, Jalan Puncak Perdana, Puncak Perdana (Perdana Heights), Taman Cheras Perdana, 43200, Cheras, Selangor
How to Buy an Auction Property in Cheras
- 1Shortlist properties
Browse auction listings in Cheras, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ · Cheras Semi-Detached
How many semi-detached auctions are there in Cheras?+
There are currently 9 bank auction (lelong) semi-detached listings in Cheras, Selangor, updated regularly.
How much below market are Cheras semi-detached auctions?+
Reserve prices for semi-detached auctions in Cheras are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong semi-detached in Cheras?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Cheras?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Cheras?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.