Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM436k
Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 635 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 6th auction · lower reserve
- Auctioning Bank
- Standard Chartered Saadiq Berhad(SCB)
- Region
- Kuala Lumpur
- Reference
- 529FC0F891
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 5th auction | 27 Apr 2026 | RM 484,056 | Unsold |
| 6th auction | 21 Oct 2026 | RM 435,650 | Unsold |
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 RM435,650, around 48% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit or shop lot in Kenanga Wholesale City, Kuala Lumpur, offers 635 sq ft of built-up space. It is a bank auction (lelong) property by Standard Chartered Saadiq Berhad, with a reserve price of RM435,650.40 against a market value of RM837,789.00, roughly 48% below market. Contact agent Crispina Ng for auction details and viewing arrangements.
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 435,650 is about 48% below the estimated market value of RM 837,789. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 435,650, set by Standard Chartered Saadiq Berhad(SCB), 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.
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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Lelong buying guides
- Buying Shop Office at Auction in KL & Selangor: Guide
- Is Buying Lelong Property in Malaysia Safe? Risks, Benefits and Real Auction Data
- Bank Auction Properties for First-Time Buyers: What to Know
- Maximising ROI: Investing in Lelong Properties in KL & Selangor
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