Shop Office for Sale by Auction (Lelong) in Kampung Baru · Jalan Raja Abdullah 160
No. 160, Jalan Raja Abdullah, 50300 Kampung Baru, Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 16,727 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Small Medium Enterprise Development Bank Malaysia Berhad
- Area
- Kampung Baru
- Region
- Kuala Lumpur
- Reference
- A3D6BBC739
About This Lelong Shop Office for Sale in Kampung Baru
This bank auction (lelong) shop office in Jalan Raja Abdullah, Kampung Baru is for sale by auction with a reserve price of RM16,000,000, around 20% below market value. Auction properties like this one in Kampung Baru can often be bought below market price.
This freehold shop/office lot in Kampung Baru, Kuala Lumpur is being auctioned by SME Bank at a reserve price of RM16,000,000, which is 20% below the market price of RM20,000,000. Located on Jalan Raja Abdullah, the property sits on 16,727 sqft of land and offers excellent business potential in a prime area. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 160, Jalan Raja Abdullah, 50300 Kampung Baru, Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kampung Baru?+
The reserve price of RM 16,000,000 is about 20% below the estimated market value of RM 20,000,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 16,000,000, set by Small Medium Enterprise Development 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 to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.
How do I bid on this property in Kampung Baru?+
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.
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