Shop Office10%below market

Shop Office for Auction in Petaling Jaya · Cova Square

No. L1-16, Cova Square, Jalan Teknologi Kota Damansara, 47810 Petaling Jaya, Selangor

Shop Office for Auction in Petaling Jaya · Cova Square
Reserve Price
RM 486,000
Market Price
RM 540,000
You save
RM 54,000
10% below market

Property Details

TypeShop Office
Built-Up1,345 sqft
AreaPetaling Jaya
RegionSelangor
Auction Date15 Jul 2026 · 10:30 AM
Auction Round2nd auction
Auctioning BankCIMB Bank Berhad
ReferenceB59B30CD18

Overview

This shop-office unit at Cova Square, Kota Damansara, Petaling Jaya is up for bank auction with a reserve price of RM486,000, 10% below market value. The built-up area is 1,345 sqft. Contact agent Tan for auction details.

No. L1-16, Cova Square, Jalan Teknologi Kota Damansara, 47810 Petaling Jaya, Selangor

Map of No. L1-16, Cova Square

FAQ

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

The reserve price of RM 486,000 is about 10% below the estimated market value of RM 540,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 486,000, 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 Jul 2026. Dates and reserve prices may be revised by the bank — contact Tan to confirm.

How do I bid on this property in Petaling Jaya?+

Register for the auction, pay the 10% deposit, and bid on auction day. Contact Tan 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 Tan for details.

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: 5 Jul 2026

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