Menara 3: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · R6
Menara 3, No. 296, Jalan Ampang, 50450 Kuala Lumpur.
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 689 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 6th auction · lower reserve
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 21A1BC5672
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 5th auction | 22 Sep 2026 | RM 480,000 | Unsold |
| 6th auction | 22 Oct 2026 | RM 432,000 | Unsold |
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 |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Menara 3, Kuala Lumpur is for sale by auction with a reserve price of RM432,000, around 28% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
Freehold office unit or shop lot at Menara 3, Jalan Ampang, in the heart of Kuala Lumpur, with a built-up area of about 689 sq ft. This bank auction (lelong) property is offered by United Overseas Bank (Malaysia) Berhad at a reserve price of RM432,000 against an estimated market value of RM600,000, roughly 28 percent below market. Jalan Ampang is a well established commercial corridor in the city. Contact Crispina Ng for the auction details and bidding process.
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 432,000 is about 28% below the estimated market value of RM 600,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 432,000, 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 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.
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.
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Lelong buying guides
- Buying Shop Office at Auction in KL & Selangor: Guide
- Winning Bid vs Reserve: Why Median Is the Reserve
- How to Read a Proclamation of Sale for Lelong Property
- Bumi Lot Auction Guide: Rules and Discounts Explained
Other auctions in Kuala Lumpur
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