Shop OfficeFreehold51%below market

Menara Safuan: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · 18 Nov

(1 Lot), Level 22, Menara Safuan, No. 80, Jalan Ampang, 50450 Kuala Lumpur

Menara Safuan: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · 18 Nov
Reserve Price
RM 1,215,000
Market Price
RM 2,479,592
You save
RM 1,264,592
51% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
4,917 sqft
Auction Date
18 Nov 2026 · 02:30 PM
Auction Round
6th auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Region
Kuala Lumpur
Reference
E7CF4D61F1

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Menara Safuan, Kuala Lumpur is for sale by auction with a reserve price of RM1,215,000, around 51% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

Freehold office, shop lot or retail space of 4,917 sq ft at Menara Safuan, Jalan Ampang, Kuala Lumpur, going to bank auction (lelong) through CIMB Bank Berhad on 18 November 2026. The reserve price is RM1,215,000 against a market value of RM2,479,592, about 51% below market. Contact Crispina Ng, bank auction property specialist with 12 years in auctions and a former banker, for financing and auction details.

(1 Lot), Level 22, Menara Safuan, No. 80, Jalan Ampang, 50450 Kuala Lumpur

Loading map…

FAQ

How much below market value is this Shop Office in Kuala Lumpur?+

The reserve price of RM 1,215,000 is about 51% below the estimated market value of RM 2,479,592. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 1,215,000, set by CIMB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 18 Nov 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.

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

Similar auction properties

Lelong buying guides

All guides →

Other auctions in Kuala Lumpur

Other auction records in Kuala Lumpur

Nearby bank auctions that have ended: the last round's date, reserve price and outcome. Unit numbers are not shown.

Explore more auctions