Shop OfficeFreehold10%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kenanga Wholesale City 2-67

No. 2-67, Second Floor, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kenanga Wholesale City 2-67
Reserve Price
RM 495,000
Market Price
RM 550,000
You save
RM 55,000
10% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
360 sqft
Auction Date
1 Oct 2026 · 09:00 AM
Auction Round
2nd auction
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
805E92F2B8

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Kenanga Wholesale City, Kuala Lumpur is for sale by auction with a reserve price of RM495,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

Bank auction shop-office unit at Kenanga Wholesale City, Kuala Lumpur. Freehold tenure, priced at RM495,000, 10% below market value of RM550,000. Contact agent Peter Tan for auction details.

No. 2-67, Second Floor, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

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FAQ

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

The reserve price of RM 495,000 is about 10% below the estimated market value of RM 550,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 495,000, 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 1 Oct 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: 24 Aug 2026

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