Kenanga Wholesale City 3A-83: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. 3A-83, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 904 sqft
- Auction Date
- 12 Nov 2026 · 09:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Malayan Banking Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 036632D5A9
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Commercial
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 7 May 2026 | RM 1,080,000 | Unsold |
| 3rd auction | 12 Nov 2026 | RM 972,000 | Upcoming |
Recent auction sold prices for shop office in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Block C, Setiawangsa Business Suite Shop Office · Kuala Lumpur | 29 Sep 2026 | 6th auction | RM 306,000 | RM 348,000 | +13.7% |
| Berjaya Times Square, Block Podium Shop Office · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 1,116,000 | RM 1,116,000 | At reserve |
| & BO2-B-18A-1, Menara 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 7,900,000 | RM 7,900,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 3,810,000 | RM 3,810,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 5,250,000 | RM 5,250,000 | At reserve |
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 RM972,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit, shop lot or retail space is located at Kenanga Wholesale City on Jalan Gelugor in Kuala Lumpur, with a built-up area of 904 sq ft. It is offered through a bank auction by Malayan Banking Berhad on 12 November 2026, with a reserve price of RM972,000 against a market value of RM1,200,000, about 19% below market. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗No. 3A-83, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 972,000 is about 19% below the estimated market value of RM 1,200,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 972,000, set by Malayan Banking Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 12 Nov 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
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.
How long do I have to pay the balance after winning?+
The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.
What can this property be used for?+
The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.
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.
Similar auction properties
Berjaya Times Square
4th Floor, Berjaya Times Square, Jalan Imbi, 55100 Kuala Lumpur
Kompleks Kenanga Wholesale City
Kompleks Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur
Menara UP
Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur
Menara UP
Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur
Lelong buying guides
- Buying Shop Office at Auction in KL & Selangor: Guide
- MRTA vs MLTA for a Lelong Property: Which to Choose, Plus Fire Insurance
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- Geran Rumah in English: Malaysian Land Titles Explained
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