Kepong Industrial Park: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
Jalan KIP 2, Kepong Industrial Park, 52200 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 1,647 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 2nd auction
- Auctioning Bank
- Maybank Islamic Berhad
- Region
- Kuala Lumpur
- Reference
- B327FA7A29
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Kepong Industrial Park, Kuala Lumpur is for sale by auction with a reserve price of RM1,539,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold shop-office unit at Jalan KIP 2, Kepong Industrial Park, 52200 Kuala Lumpur is a bank auction property by Maybank Islamic Berhad. It sits on 1,647 sq ft of land, with a reserve price of RM1,539,000 against a market value of RM1,900,000, roughly 19% below market. Contact agent Crispina Ng for auction details.
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 1,539,000 is about 19% below the estimated market value of RM 1,900,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 1,539,000, 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 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
- Avoid These Mistakes When Buying Lelong Property
- Auction Property Timeline: From Winning Bid to Keys
- Why Do Banks Auction Properties in Malaysia? A Guide to Lelong
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