2nd Floor 41-2: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. 41-2, 2nd Floor, Jalan Setiawangsa 11A, Taman Setiawangsa, Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 1,354 sqft
- Auction Date
- 15 Dec 2026 · 09:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- CIMB Bank Berhad
- Region
- Kuala Lumpur
- Reference
- 03E98442B2
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Commercial
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 9 Feb 2026 | RM 440,000 | Unsold |
| 2nd auction | 15 Dec 2026 | RM 396,000 | Upcoming |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in 2nd Floor, Kuala Lumpur is for sale by auction with a reserve price of RM396,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit or shop lot on the second floor at Jalan Setiawangsa 11A, Taman Setiawangsa, Kuala Lumpur, offers about 1,354 sq ft of built-up space. It is a CIMB Bank Berhad auction property with a reserve price of RM396,000 against a market value of RM440,000, roughly 10% below market. Contact Crispina Ng for auction details.
Location
Open in Google Maps ↗No. 41-2, 2nd Floor, Jalan Setiawangsa 11A, Taman Setiawangsa, Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 396,000 is about 10% below the estimated market value of RM 440,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 396,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 15 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
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.
How long do I have to pay the balance after winning?+
The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.
What can this property be used for?+
The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.
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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