Shop OfficeLeasehold52%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 720,000
Market Price
RM 1,500,000
You save
RM 780,000
52% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Built-Up
2,499 sqft
Auction Date
22 Sep 2026 · 11:00 AM
Auction Round
11th auction · lower reserve
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Petaling Jaya
Region
Selangor
Reference
E15C73BEA5

Auction History

RoundAuction DateReserve PriceResult
9th auction22 Jul 2026RM 887,000Unsold
10th auction21 Aug 2026RM 799,000Unsold
11th auction22 Sep 2026RM 720,000Upcoming

Recent auction sold prices for shop office in Petaling Jaya

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
No. G-P-01, Encorp Strand Garden Office
Shop Office · Petaling Jaya
12 Aug 20265th auctionRM 362,000RM 362,000At reserve
No. S-01-26, Emporis Kota Damansara
Shop Office · Petaling Jaya
28 Jul 20265th auctionRM 721,700RM 721,700At reserve
No. J-2-01, Pacific Place @ Ara Damansara
Shop Office · Petaling Jaya
22 Jul 20265th auctionRM 536,000RM 536,000At reserve
No. 3A-2B, Jalan PJU 8/3A
Shop Office · Petaling Jaya
7 Jul 20268th auctionRM 314,000RM 314,000At reserve
No. 5-12-03, Block 5
Shop Office · Petaling Jaya
29 Jun 202610th auctionRM 335,400RM 350,000+4.4%

Sold Auction Prices in Selangor

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 RM720,000, around 52% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

This leasehold office unit or retail space in Encorp Strand Garden, Kota Damansara, Petaling Jaya, offers 2,499 sq ft of built-up area. It is a bank auction (lelong) property by United Overseas Bank (Malaysia) Berhad, with a reserve price of RM720,000 against a market value of RM1,500,000, about 52% below market. 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 720,000 is about 52% below the estimated market value of RM 1,500,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 720,000, 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 22 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.

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: 17 Sep 2026

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