Shop OfficeFreehold

Kompleks Kenanga Wholesale City 1-90: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur

No. 1-90, Kompleks Kenanga Wholesale City, Jalan Gelugor, No. 2, 55200, Kuala Lumpur

Reserve Price

RM 1,000,000

Property Details

Type: Shop Office
Tenure: Freehold
Land Area: 506 sqft
Auction Date: 9 Dec 2026 · 09:00 AM
Auction Round: 1st auction
Auctioning Bank: United Overseas Bank (Malaysia) Berhad
Area: Kuala Lumpur
Region: Kuala Lumpur
Reference: D22A7E08F4

Title & restrictions

State consent to transfer: No restriction in interest stated on the proclamation
Land use (express condition): Commercial
Balance payment period: 120 days from the auction date
Court: High Court, Kuala Lumpur

From the High Court proclamation of sale. Confirm with a land title search before bidding.

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 RM1,000,000. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold shop-office/retail space is located at Kompleks Kenanga Wholesale City on Jalan Gelugor in Kuala Lumpur. It is offered as a bank auction (lelong) property through United Overseas Bank (Malaysia) Berhad, with a reserve price of RM1,000,000 and a land area of 506 sq ft, auctioning on 9 December 2026. Contact Crispina Ng for auction details.

Location

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No. 1-90, Kompleks Kenanga Wholesale City, Jalan Gelugor, No. 2, 55200, Kuala Lumpur

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FAQ

What is the reserve price?+

The reserve price is RM 1,000,000, set by United Overseas 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 9 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.

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.

How long do I have to pay the balance after winning?+

The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.

What can this property be used for?+

The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.

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: 5 Nov 2026

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