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1170
  • 15th Oct 2025
  • Auction Date
Past Auction Sold 1st Auction Sold
D-53-07, Residensi M Vertika, No. 555 Jalan Cheras Batu 2 1/2 Cheras, 56000 Kuala Lumpur
  • RM482,000
  • RM500,000

Details

Updated on October 17, 2025 at 7:29 pm
  • Price RM482,000
  • Land Area 850
  • Bedrooms 3
  • Bathrooms 2
  • Property Type Service Residence, Service Suite, Residential
  • Property Status Past Auction, Sold
  • Auction Date 15th Oct 2025
  • Tenure Leasehold

Description

M Vertica (D-53-07) @ Taman Maluri, Cheras, Kuala Lumpur for Auction

Lelong Price: RM450,000
Sold At: RM482,000
Market Price: RM500,000
Lelong Date: 15th Oct 2025

Address: D-53-07, Residensi M Vertika, No. 555 Jalan Cheras Batu 2 1/2 Cheras, 56000 Kuala Lumpur

✅ Service Apartment
✅ Land Area : 850 sqft
✅ 3 Bedrooms, 2 Bathrooms
✅ Very High Rental Return (Between RM2,800 ~ RM3,300)
✅ High AirBnB Demand
✅ Walking Distance to LRT Station
✅ Leasehold
✅ 1st Auction
✅ Bank Lelong Case (LACA)

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Address

Open on Google Maps
  • Address: D-53-07, Residensi M Vertika, No. 555 Jalan Cheras Batu 2 1/2 Cheras, 56000 Kuala Lumpur
  • City: Cheras, KL City, Pudu
  • State/county: Selangor
  • Zip/Postal Code: 56000
  • Area: M Vertica, Cheras, KL City, Pudu, Taman Maluri
  • Country: Malaysia

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Frequently Asked Questions

For auction cases, you generally need 10% of the reserve price.

In some LACA cases, the bank may allow for 5% deposit to participate.

For auction properties, you  cannot view the interiors of the property.

However, you can view the property from outside. If it is a condominium / service apartment, viewing outside the gate is subjected to management approval.

Yes, you can take loan when buying auction properties, just like how you would take loan for buying any property in Malaysia. Loans up to 90% can be taken from the bank.

However, no mark-up loan is available for auction units. You can only take loan based on the successfully bided price.

It is recommended that you prepare up to 20% of auction sold price to comfortably acquire the auction property. 

Case to case basis, each auction unit may require different amount of cash on hand.

We will advise you based on the due diligence checking.

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Our team will assist you to do the due diligence and uncover whatever hidden cost that the unit may face.

Please do not hesitate to contact our team to participate in a property that you are interested in.

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Even with good reasons such as 
1. Bumi lot (unable to transfer title to your name)

2. Caveated unit (unable to disburse the remaining 90% via loan)

3. Developer under liquidation (lawyers unable to process the documentation within the time frame)

And any other reasons you can find.

Do consult us before participating in any auction unit as we will help you uncover these details and advise whether it is safe to proceed or not.