Shop OfficeFreehold57%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kenanga Wholesale City R6

Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur

📅 No upcoming auction date yet (previous round unsold). Contact Peter Tan to register your interest and be notified of the next auction.
Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kenanga Wholesale City R6
Reserve Price
RM 581,000
Market Price
RM 1,351,163
You save
RM 770,163
57% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
915 sqft
Auction Date
Date to be confirmed
Auction Round
6th auction · lower reserve
Auctioning Bank
Maybank Islamic Berhad
Region
Kuala Lumpur
Reference
4659BB8F18

Auction History

RoundAuction DateReserve PriceResult
5th auction28 Jul 2026RM 645,000Unsold
6th auction29 Sep 2026RM 581,000Unsold

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 RM581,000, around 57% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold retail office unit at Kenanga Wholesale City in Kuala Lumpur is now available through bank auction. With a built-up area of 915 sq ft, the reserve price is RM581,000, significantly below the market value of RM1,351,163. Contact agent Peter Tan for auction details.

Kenanga Wholesale City, No. 2, 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 581,000 is about 57% below the estimated market value of RM 1,351,163. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 581,000, set by Maybank Islamic 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 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: 15 Oct 2026

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