Shop OfficeFreehold95%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City 2-55

No. 2-55, Kompleks Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City 2-55
Reserve Price
RM 67,904
Market Price
RM 1,358,070
You save
RM 1,290,167
95% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
579 sqft
Auction Date
3 Sep 2026 · 09:00 AM
Auction Round
9th auction · lower reserve
Auctioning Bank
Affin Bank Berhad
Region
Kuala Lumpur
Reference
073F88A4F7

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Kompleks Kenanga Wholesale City, Kuala Lumpur is for sale by auction with a reserve price of RM67,904, around 95% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This is a rare opportunity to own a freehold office unit or shop lot in Kuala Lumpur's Kompleks Kenanga Wholesale City, offered at a reserve price of RM 67,903.50. The price is about 95% below the estimated market value of RM 1,358,070.00, making it an attractive investment for a 579 sqft retail space. Contact agent Peter Tan for auction details and viewing.

No. 2-55, Kompleks Kenanga Wholesale City, 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 67,904 is about 95% below the estimated market value of RM 1,358,070. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 67,904, set by Affin Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 3 Sep 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

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: 13 Aug 2026

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