Shop OfficeFreehold10%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Jalan Klang Lama 1-55

No. 1-55, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Jalan Klang Lama 1-55
Reserve Price
RM 438,000
Market Price
RM 486,667
You save
RM 48,667
10% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
1,668 sqft
Auction Date
22 Sep 2026 · 03:00 PM
Auction Round
2nd auction
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
693CD02C5E

Auction History

RoundAuction DateReserve PriceResult
1st auction21 Aug 2026RM 486,000Unsold
2nd auction22 Sep 2026RM 438,000Upcoming

Recent auction sold prices for shop office in Kuala Lumpur

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

PropertySold onRoundReserveSold pricePremium
Nos. BO2-B-18-1 & BO2-B-18A-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 7,900,000RM 7,900,000At reserve
No. BO2-B-10-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 3,810,000RM 3,810,000At reserve
No. BO2-B-15-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 5,250,000RM 5,250,000At reserve
No. BO2-B-16-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 5,250,000RM 5,250,000At reserve
No. BO2-B-17-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 4,950,000RM 4,950,000At reserve

Sold Auction Prices in Kuala Lumpur

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Jalan Klang Lama, Kuala Lumpur is for sale by auction with a reserve price of RM438,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold office unit or shop lot on Jalan Klang Lama in Kuala Lumpur offers 1,668 sq ft of built-up space. It is a bank auction (lelong) property through United Overseas Bank, with a reserve price of RM438,000 against a market value of RM486,667, roughly 10% below market. The auction is scheduled for 22 September 2026; contact agent Peter Tan for auction details.

No. 1-55, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur

Loading map…

FAQ

How much below market value is this Shop Office in Kuala Lumpur?+

The reserve price of RM 438,000 is about 10% below the estimated market value of RM 486,667. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 438,000, 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 Kuala Lumpur?+

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: 14 Sep 2026

Similar auction properties

Explore more auctions