Kenanga Wholesale City 3A-76: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. 3A-76, 4, Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 366 sqft
- Auction Date
- 18 Nov 2026 · 09:00 AM
- Auction Round
- 8th auction · lower reserve
- Auctioning Bank
- OCBC Bank Malaysia Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 05030ABC12
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 |
|---|---|---|---|
| 7th auction | 7 May 2026 | RM 342,630 | Unsold |
| 8th auction | 18 Nov 2026 | RM 308,367 | 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 RM308,367, around 47% 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 at Kenanga Wholesale City in Kuala Lumpur offers 366 sq ft of retail or office space in an established wholesale and commercial building. It is a bank auction (lelong) property by OCBC Bank Malaysia Berhad, with a reserve price of RM308,367 against a market value of RM581,825, around 47% below market. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗No. 3A-76, 4, Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 308,367 is about 47% below the estimated market value of RM 581,825. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 308,367, set by OCBC 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 18 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
- Buying a Semi-D House at Lelong Auction in KL & Selangor
- Auction Factory or Market Factory? How to Check a Lelong Price in Selangor
- eLelong Kehakiman Gov My: How to Register and Bid on Court Auctions
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