Shop OfficeLeasehold47%below market

Shop Office for Sale by Auction (Lelong) in Petaling Jaya · Encorp Strand Garden A-5-03

No. A-5-03, Encorp Strand Garden, No. 12, Jalan PJU 5/1, Kota Damansara, 47810 Petaling Jaya, Selangor

Shop Office for Sale by Auction (Lelong) in Petaling Jaya · Encorp Strand Garden A-5-03
Reserve Price
RM 799,000
Market Price
RM 1,507,547
You save
RM 708,547
47% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Built-Up
2,499 sqft
Auction Date
21 Aug 2026 · 11:00 AM
Auction Round
10th auction · lower reserve
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Petaling Jaya
Region
Selangor
Reference
109D8831C1

About This Lelong Shop Office for Sale in Petaling Jaya

This bank auction (lelong) shop office in Encorp Strand Garden, Petaling Jaya is for sale by auction with a reserve price of RM799,000, around 47% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

Bank auction for a leasehold office unit in Kota Damansara, Petaling Jaya. This 2,499 sqft retail space is offered at a reserve price of RM799,000, well below its estimated market value of RM1,507,547 (47% of market value). Contact agent Peter Tan for auction details.

No. A-5-03, Encorp Strand Garden, No. 12, 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 799,000 is about 47% below the estimated market value of RM 1,507,547. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 799,000, set by United Overseas Bank (Malaysia) Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 21 Aug 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.

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: 13 Aug 2026

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