Shop OfficeFreehold44%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City LG-69

No. LG-69, Kompleks Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Kompleks Kenanga Wholesale City LG-69
Reserve Price
RM 616,734
Market Price
RM 1,101,311
You save
RM 484,577
44% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
688 sqft
Auction Date
29 Sep 2026 · 02:00 PM
Auction Round
7th auction · lower reserve
Auctioning Bank
Ambank(M) Berhad
Region
Kuala Lumpur
Reference
9D18206F6E

Auction History

RoundAuction DateReserve PriceResult
6th auction25 Jun 2026RM 685,260Unsold
7th auction29 Sep 2026RM 616,734Upcoming

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 RM616,734, around 44% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

A freehold shop-office or retail unit at Kompleks Kenanga Wholesale City, Jalan Gelugor, Kuala Lumpur, with a built-up area of 688 sqft. This bank auction (lelong) property is offered by Ambank(M) Berhad at a reserve price of RM616,734, which is 44% below its market value of RM1,101,311. Contact agent Peter Tan for auction details.

No. LG-69, 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 616,734 is about 44% below the estimated market value of RM 1,101,311. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 616,734, set by Ambank(M) Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 29 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: 14 Sep 2026

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