Shop OfficeFreehold47%below market

Shop Office for Auction in Kuala Lumpur · Kenanga Wholesale City

No. 6-19, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

Shop Office for Auction in Kuala Lumpur · Kenanga Wholesale City
Reserve Price
RM 559,000
Market Price
RM 1,054,717
You save
RM 495,717
47% below market

Property Details

TypeShop Office
TenureFreehold
Land Area570 sqft
RegionKuala Lumpur
Auction Date9 Jul 2026 · 09:00 AM
Auction Round8th auction · lower reserve
Auctioning BankAlliance Islamic Bank Berhad
Reference3D3254F071
Proclamation of SalePDF ↓

Overview

This freehold shop office unit at Kenanga Wholesale City, Kuala Lumpur, is being auctioned by Alliance Islamic Bank Berhad. With a reserve price of RM559,000, it is 47% below the market value of RM1,054,717. Contact agent Tan for auction details.

No. 6-19, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

Map of No. 6-19, Kenanga Wholesale City

FAQ

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

The reserve price of RM 559,000 is about 47% below the estimated market value of RM 1,054,717. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 559,000, set by Alliance Islamic Bank Berhad — the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 9 Jul 2026. Dates and reserve prices may be revised by the bank — contact 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 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 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: 5 Jul 2026

Similar auction properties