Shop OfficeFreehold41%below market

Parklane OUG Serviced Apartment E2-0-17: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur

No. E2-0-17 & E2-1-17, Premises No. 17, Block E2, Parklane OUG Serviced Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur

Parklane OUG Serviced Apartment E2-0-17: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
Reserve Price
RM 1,180,980
Market Price
RM 2,001,661
You save
RM 820,681
41% below market

Property Details

Type
Shop Office
Tenure
Freehold
Land Area
3,197 sqft
Auction Date
9 Dec 2026 · 10:30 AM
Auction Round
6th auction · lower reserve
Auctioning Bank
Alliance Bank Malaysia Berhad
Region
Kuala Lumpur
Reference
B6FBF0BA33

Auction History

RoundAuction DateReserve PriceResult
5th auction28 Jul 2026RM 1,312,200Unsold
6th auction9 Dec 2026RM 1,180,980Upcoming

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Parklane OUG Serviced Apartment, Kuala Lumpur is for sale by auction with a reserve price of RM1,180,980, around 41% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold office unit, shop lot or retail space at Parklane OUG Serviced Apartment in Taman OUG, Kuala Lumpur, is offered via bank auction (lelong) by Alliance Bank Malaysia Berhad, with a reserve price of RM1,180,980 against a market value of RM2,001,661, or 41% below market. Scheduled for 9 December 2026, this auction presents a freehold commercial opportunity in an established Kuala Lumpur township. Contact Crispina Ng for auction details and financing guidance.

No. E2-0-17 & E2-1-17, Premises No. 17, Block E2, Parklane OUG Serviced Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur

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FAQ

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

The reserve price of RM 1,180,980 is about 41% below the estimated market value of RM 2,001,661. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 1,180,980, set by Alliance 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.

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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