Shop OfficeFreehold27%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City 3-53A

No. 3-53A, Kompleks Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City 3-53A
Reserve Price
RM 656,100
Market Price
RM 898,767
You save
RM 242,667
27% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
657 sqft
Auction Date
8 Sep 2026 · 09:00 AM
Auction Round
4th auction · lower reserve
Auctioning Bank
OCBC Bank Malaysia Berhad
Region
Kuala Lumpur
Reference
B30A5160BA

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 RM656,100, around 27% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

Bank auction (lelong) freehold retail unit at Kompleks Kenanga Wholesale City, Jalan Gelugor, Kuala Lumpur. This 657 sqft office or shop space is offered at RM656,100, about 27% below its market value of RM898,767. Contact agent Peter Tan for auction details.

No. 3-53A, 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 656,100 is about 27% below the estimated market value of RM 898,767. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 656,100, 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 8 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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