Fraser Place: Shop Office Auction in Kuala Lumpur Called Off
Fraser Place, Jalan Perak, 50450 Kuala Lumpur
Property Details
- Type
- Shop Office
- Built-Up
- 14,370 sqft
- Auction Date
- 26 Aug 2026
- Auction Round
- 1st auction
- Auctioning Bank
- Malayan Banking Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- F016B262B5
Recent auction sold prices for shop office in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Block C, Setiawangsa Business Suite Shop Office · Kuala Lumpur | 29 Sep 2026 | 6th auction | RM 306,000 | RM 348,000 | +13.7% |
| Berjaya Times Square, Block Podium Shop Office · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 1,116,000 | RM 1,116,000 | At reserve |
| & BO2-B-18A-1, Menara 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 7,900,000 | RM 7,900,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 3,810,000 | RM 3,810,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 5,250,000 | RM 5,250,000 | At reserve |
About This Shop Office Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) shop office in Fraser Place, Kuala Lumpur was called off, at a reserve price of RM17,500,000. A call-off usually means the borrower settled or the case was withdrawn, so the property is no longer open to bids. The details below are kept as a reference for auction buyers in Kuala Lumpur.
Bank auction (lelong) office unit and retail space at Fraser Place, Jalan Perak, Kuala Lumpur. Built-up area of 14,370 sq ft with a reserve price of RM 17,500,000. Ideal for commercial use. Contact agent Crispina Ng for auction details.
FAQ
Why was this shop office auction in Kuala Lumpur cancelled?+
The auction was marked Call Off (cancelled), originally set for 26 Aug 2026. That usually means the borrower cleared the arrears before auction day, reached a settlement with the bank, or the case was withdrawn.
Can I still buy this property?+
Not for now. A called-off auction has no scheduled next round, though a property can return to auction if the loan defaults again. Contact Crispina Ng 013-744 9391 and we will watch for similar auction properties in Kuala Lumpur.
What is the difference between "called off" and "unsold"?+
Unsold means the auction went ahead but no bid met the reserve, and it usually returns at a lower reserve. Called off means the auction was withdrawn before it took place, with no next round scheduled. Postponed means a new date is still to be announced.
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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Lelong buying guides
- Buying Shop Office at Auction in KL & Selangor: Guide
- Malay Reserve Land: What It Means, Bumi Lots and Auctions
- Cukai Tanah (Quit Rent) in Malaysia: How to Check and Pay by State
- Cukai Pintu (Assessment Tax) in Malaysia: Formula and How to Pay
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