Lelong Apartment · Cheras, Selangor
Apartment at Pangsapuri Teratai, Bandar Mahkota Cheras, Cheras
No. L7-05-19, Block L7, Pangsapuri Teratai, Jalan Penggawa Seksyen 2, Bandar Mahkota Cheras, Cheras, SelangorApartment at Pangsapuri Teratai, Bandar Mahkota Cheras, Cheras
This 3-bedroom apartment at Pangsapuri Teratai, Bandar Mahkota Cheras offers about 657 sq ft of built-up space in Cheras, Selangor. With a reserve price of RM129,600, it suits owner-occupiers, families and investors.
The property is being sold through a bank (Charge) auction handled by e-Lelong (online court auction). Sold strictly on an "as-is-where-is" basis.
- Location Advantage: Located in Cheras, Selangor, a mature suburb bordering Kuala Lumpur with plenty of everyday amenities.
- Accessibility: Served by the MRT Kajang Line, Grand Saga Highway, SILK and MRR2.
- Property Specs: Apartment, 3 bedrooms, approximately 657 sq ft built-up.
- Auction Status: Bank auction (Charge) on 25 November 2026 — reserve price RM129,600 (3rd auction).
Auction Terms & Property Details
| Reserve Price | RM129,600 |
|---|---|
| Deposit Required | 10% of reserve price (RM12,960) by bank draft |
| Auction Date | |
| Auction Type | Charge — Bank Auction (High Court) |
| Number of Auctions (NOA) | 3 (3rd auction) |
| Auctioneer | e-Lelong (online court auction) |
| Solicitor | B H Gan, Nor & Kim (KL) |
| Tenure | Refer to Proclamation of Sale (POS) |
| Property Category | High-Rise Residential (Apartment) |
| Unit Address | No. L7-05-19, Block L7, Pangsapuri Teratai, Jalan Penggawa Seksyen 2, Bandar Mahkota Cheras, 43200 Cheras, Selangor |
Frequently Asked Questions
What is the reserve price of this Pangsapuri Teratai, Bandar Mahkota Cheras apartment?
The reserve price is RM129,600 for the auction on 25 November 2026. Bidding starts from this reserve price.
How much deposit do I need to bid?
You need a 10% deposit of the reserve price (RM12,960), prepared as a bank draft before the auction day.
Can I get a bank loan for this auction property?
Yes, buyers can generally use housing loans. However, you must get your loan pre-approved before bidding, as the balance is typically due within 90 to 120 days depending on the Conditions of Sale.
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Can I view the interior before the auction?
No, interior viewing is usually not permitted because auction properties are sold strictly "as-is-where-is". You may only inspect the exterior and common areas of the building.
Interested in This Cheras Auction Property?
Enquire for the latest auction status, official auction documents, and available property information before making a bidding decision.