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
- 7 Oct 2026 · 10:30 AM
- Auction Round
- 6th auction · lower reserve
- Auctioning Bank
- CIMB Bank Berhad
- Area
- Petaling Jaya
- Region
- Selangor
- Reference
- 161913D523
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 | Unsold |
| 6th auction | 7 Oct 2026 | RM 318,960 | 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. B-G-7, Boulevard 51 Shop Office · Petaling Jaya | 23 Sep 2026 | 2nd auction | RM 800,000 | RM 800,000 | At reserve |
| No. B-G-8, Boulevard 51 Shop Office · Petaling Jaya | 23 Sep 2026 | 3rd auction | RM 800,000 | RM 800,000 | At reserve |
| No. E-23A-21, Crown Tower (Block E) Shop Office · Petaling Jaya | 22 Sep 2026 | 10th auction | RM 313,000 | RM 313,000 | At reserve |
| No. C-13A-07, 19 Sentral Shop Office · Petaling Jaya | 22 Sep 2026 | 5th auction | RM 569,000 | RM 610,000 | +7.2% |
| 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 |
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 RM318,960, around 41% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.
This office unit, shop lot or retail space at Cova Square, Kota Damansara, Petaling Jaya, Selangor, is a bank auction (lelong) property by CIMB Bank Berhad, scheduled for 7 October 2026. It offers a built-up area of 1,345 sq ft, a reserve price of RM318,960, and is 41% below the market value of RM540,610, with tenure unspecified. Contact Peter Tan for 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 318,960 is about 41% below the estimated market value of RM 540,610. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 318,960, 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 7 Oct 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.
Similar auction properties
8-2 & 8-3
No. 8-1, 8-2 & 8-3, Jalan Tasik Raja Lumu M U4/M, Seksyen U4, 40150, Shah Alam, Selangor
Selayang Capitol Complex
No. LG 10 - LG 12, Selayang Capitol Complex, 68100 Batu Caves, Selangor
Podium Block
No. 1-015, Podium Block, PJ Centretage, No. 1, Jalan 13/1, Seksyen 13, 46200 Petaling Jaya, Selangor
SB Perdana
No. 8, Jalan SBP 2, SB Perdana, 45200, Sabak Bernam, Selangor