Shop OfficeFreehold34%below market

Kompleks Kenanga Wholesale City: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM1313k

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 · RM1313k

Reserve Price

RM 1,313,000

Market Price

RM 1,989,394

You save

RM 676,394

34% below market

Property Details

Type: Shop Office
Tenure: Freehold
Built-Up: 936 sqft
Auction Date: Date to be confirmed
Auction Round: 5th auction · lower reserve
Auctioning Bank: OCBC Bank Malaysia Berhad
Region: Kuala Lumpur
Reference: F6A0EFBF9B

Auction History

Round	Auction Date	Reserve Price	Result
4th auction	17 Mar 2026	RM 1,458,000	Unsold
5th auction	15 Oct 2026	RM 1,313,000	Unsold

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 RM1,313,000, around 34% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold shop-office unit in Kompleks Kenanga Wholesale City, Jalan Gelugor, Kuala Lumpur offers 936 sq ft of built-up space. It is a bank auction (lelong) property by OCBC Bank Malaysia Berhad, with a reserve price of RM1,313,000 against a market value of RM1,989,394, about 34% below market, and the auction is scheduled for 15 October 2026. Contact agent 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 1,313,000 is about 34% below the estimated market value of RM 1,989,394. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 1,313,000, 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 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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