Shop OfficeFreehold19%below market

Kompleks Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · R3

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

📅 The result of the last auction round has not been confirmed: it may have gone unsold, sold or been called off, and no new date is set yet. Contact Crispina Ng to confirm the current status.

Kompleks Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · R3

Reserve Price

RM 769,500

Market Price

RM 950,000

You save

RM 180,500

19% below market

Property Details

Type: Shop Office
Tenure: Freehold
Built-Up: 366 sqft
Auction Date: Date to be confirmed
Auction Round: 3rd auction · lower reserve
Auctioning Bank: Maybank Islamic Berhad
Area: Kuala Lumpur
Region: Kuala Lumpur
Reference: CF8981517A

Auction History

Round	Auction Date	Reserve Price	Result
2nd auction	5 Mar 2026	RM 855,000	Unsold
3rd auction	8 Sep 2026	RM 769,500	Unsold

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

Sold Auction Prices in Kuala Lumpur →

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 RM769,500, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

Freehold office unit/shop lot in Kompleks Kenanga Wholesale City, Kuala Lumpur, offered via bank auction (lelong). With a built-up area of 366 sqft, the reserve price is RM769,500, approximately 19% below the market value of RM950,000. This presents an attractive investment opportunity in a prime wholesale district. Contact Crispina Ng for auction details.

Location

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Kompleks Kenanga Wholesale City, No. 2, 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 769,500 is about 19% below the estimated market value of RM 950,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 769,500, 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.

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: 4 Nov 2026

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