Shop OfficeFreehold10%below market

Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM495k

Second Floor, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

📅 The result of the last auction round has not been confirmed: it may have gone unsold, sold or been called off, and no new date is set yet. Contact Crispina Ng to confirm the current status.
Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM495k
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
Date to be confirmed
Auction Round
2nd auction
Auctioning Bank
United Overseas Bank (Malaysia) Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
805E92F2B8

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
Block C, Setiawangsa Business Suite
Shop Office · Kuala Lumpur
29 Sep 20266th auctionRM 306,000RM 348,000+13.7%
Berjaya Times Square, Block Podium
Shop Office · Kuala Lumpur
22 Sep 20265th auctionRM 1,116,000RM 1,116,000At reserve
& BO2-B-18A-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 7,900,000RM 7,900,000At reserve
Menara 3, No. 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 3,810,000RM 3,810,000At reserve
Menara 3, No. 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 5,250,000RM 5,250,000At reserve

Sold Auction Prices in Kuala Lumpur →

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in 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 Crispina Ng for auction details.

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 to be confirmed. Contact Crispina Ng 013-744 9391 for the latest schedule.

How do I bid on this property in Kuala Lumpur?+

Register for the auction, pay the 5% to 10% deposit, and bid on auction day. Contact Crispina Ng 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 Crispina Ng 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 Nov 2026

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