Shop Office for Sale by Auction (Lelong) in Petaling Jaya · Cova Square L1-16
No. L1-16, Cova Square, Jalan Teknologi Kota Damansara, 47810 Petaling Jaya, Selangor
Property Details
- Type
- Shop Office
- Built-Up
- 1,345 sqft
- Auction Date
- 17 Sep 2026 · 10:30 AM
- Auction Round
- 5th auction · lower reserve
- Auctioning Bank
- CIMB Bank Berhad
- Area
- Petaling Jaya
- Region
- Selangor
- Reference
- A27F21EC80
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 15 Jul 2026 | RM 486,000 | Unsold |
| 3rd auction | 29 Jul 2026 | RM 437,400 | Unsold |
| 4th auction | 26 Aug 2026 | RM 393,700 | Unsold |
| 5th auction | 17 Sep 2026 | RM 354,400 | Upcoming |
Recent auction sold prices for shop office in Petaling Jaya
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. G-P-01, Encorp Strand Garden Office Shop Office · Petaling Jaya | 12 Aug 2026 | 5th auction | RM 362,000 | RM 362,000 | At reserve |
| No. S-01-26, Emporis Kota Damansara Shop Office · Petaling Jaya | 28 Jul 2026 | 5th auction | RM 721,700 | RM 721,700 | At reserve |
| No. J-2-01, Pacific Place @ Ara Damansara Shop Office · Petaling Jaya | 22 Jul 2026 | 5th auction | RM 536,000 | RM 536,000 | At reserve |
| No. 3A-2B, Jalan PJU 8/3A Shop Office · Petaling Jaya | 7 Jul 2026 | 8th auction | RM 314,000 | RM 314,000 | At reserve |
| No. 5-12-03, Block 5 Shop Office · Petaling Jaya | 29 Jun 2026 | 10th auction | RM 335,400 | RM 350,000 | +4.4% |
About This Lelong Shop Office for Sale in Petaling Jaya
This bank auction (lelong) shop office in Cova Square, Petaling Jaya is for sale by auction with a reserve price of RM354,400, around 34% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.
This shop-office unit at Cova Square, Kota Damansara, Petaling Jaya is offered via bank auction by CIMB Bank. The reserve price is RM354,400, well below the market value of RM536,970, making it an attractive investment. With a built-up area of 1,345 sqft, contact Peter Tan for full auction details.
Location
Open in Google Maps ↗No. L1-16, Cova Square, Jalan Teknologi Kota Damansara, 47810 Petaling Jaya, Selangor
FAQ
How much below market value is this Shop Office in Petaling Jaya?+
The reserve price of RM 354,400 is about 34% below the estimated market value of RM 536,970. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 354,400, 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 17 Sep 2026. Dates and reserve prices may be revised by the bank, contact Peter 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 Peter 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 Peter Tan for details.
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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