Shop OfficeFreehold21%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Mercu Summer Suites B-17-17

No. B-17-17, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur

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Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Mercu Summer Suites B-17-17
Reserve Price
RM 341,000
Market Price
RM 431,646
You save
RM 90,646
21% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
495 sqft
Auction Date
Date to be confirmed
Auction Round
4th auction · lower reserve
Auctioning Bank
OCBC Al Amin Bank Berhad
Region
Kuala Lumpur
Reference
3C4955E45D

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Mercu Summer Suites, Kuala Lumpur is for sale by auction with a reserve price of RM341,000, around 21% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold shop office unit in Mercu Summer Suites, Kuala Lumpur, is being auctioned by OCBC Al Amin Bank. With a reserve price of RM341,000, it is 21% below the estimated market value of RM431,646. Contact Peter Tan for auction details.

No. B-17-17, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur

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FAQ

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

The reserve price of RM 341,000 is about 21% below the estimated market value of RM 431,646. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 341,000, set by OCBC Al Amin Bank 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 Peter Tan 016-666 6872 for the latest schedule.

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: 13 Aug 2026

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