Shop OfficeLeasehold33%below market

Sunway Nexis A-G-01: Shop Office for Sale by Auction (Lelong) in Petaling Jaya

No. A-G-01 & A-1-01 &A-2-01, Sunway Nexis, No. 1, Jalan PJU 5/1, Kota Damansara, 47810, Petaling Jaya, Selangor

Sunway Nexis A-G-01: Shop Office for Sale by Auction (Lelong) in Petaling Jaya
Reserve Price
RM 5,589,000
Market Price
RM 8,341,791
You save
RM 2,752,791
33% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Built-Up
6,566 sqft
Auction Date
2 Dec 2026 · 09:00 AM
Auction Round
10th auction · lower reserve
Auctioning Bank
Public Islamic Bank
Area
Petaling Jaya
Region
Selangor
Reference
CBC4BDFFFB

Title & restrictions

State consent to transfer
Required: transfer or charge needs State Authority written consent
Land use (express condition)
Commercial
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Auction History

RoundAuction DateReserve PriceResult
9th auction8 Jun 2026RM 6,210,000Unsold
10th auction2 Dec 2026RM 5,589,000Upcoming

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About This Lelong Shop Office for Sale in Petaling Jaya

This bank auction (lelong) shop office in Sunway Nexis, Petaling Jaya is for sale by auction with a reserve price of RM5,589,000, around 33% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

This leasehold office and retail space at Sunway Nexis, Kota Damansara in Petaling Jaya, Selangor, offers 6,566 sq ft and is being sold through a bank auction by Public Islamic Bank. The reserve price of RM5,589,000 is about 33% below the estimated market value of RM8,341,791, with the auction set for 2 December 2026. Contact Crispina Ng for auction details and financing guidance.

No. A-G-01 & A-1-01 &A-2-01, Sunway Nexis, No. 1, Jalan PJU 5/1, Kota Damansara, 47810, Petaling Jaya, Selangor

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FAQ

How much below market value is this Shop Office in Petaling Jaya?+

The reserve price of RM 5,589,000 is about 33% below the estimated market value of RM 8,341,791. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 5,589,000, set by Public Islamic Bank, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 2 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 Petaling Jaya?+

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.

Do I need state consent to buy this property?+

Yes. The title carries a restriction in interest: it cannot be transferred or charged without the State Authority's written consent. Apply right after the auction so the transfer and your loan are not held up, since the balance is due within 120 days.

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.

Important note

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.

Last updated: 4 Nov 2026

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