Shop OfficeFreehold67%below market

Kompleks Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · R12

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 · R12
Reserve Price
RM 425,160
Market Price
RM 1,288,364
You save
RM 863,204
67% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
603 sqft
Auction Date
Date to be confirmed
Auction Round
12th auction · lower reserve
Auctioning Bank
OCBC Al Amin Bank Berhad
Region
Kuala Lumpur
Reference
1B06979691

Auction History

RoundAuction DateReserve PriceResult
11th auction19 Mar 2026RM 472,400Unsold
12th auction15 Oct 2026RM 425,160Unsold

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 RM425,160, around 67% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold office unit, shop lot or retail space in Kompleks Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur, offers 603 sq ft of built-up space. It is a bank auction (lelong) property by OCBC Al Amin Bank Berhad, with a reserve price of RM425,160, which is about 67% below the market value of RM1,288,364, and the auction is set for 15 October 2026. Contact agent Crispina Ng for auction details.

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 425,160 is about 67% below the estimated market value of RM 1,288,364. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 425,160, set by OCBC Al Amin Bank 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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