Shop OfficeFreehold20%below market

Shop Office for Sale by Auction (Lelong) in Kuala Selangor · Peninsula Park 20

No. 20, Jalan Peninsula Utama 1, Peninsula Park, 45000 Kuala Selangor, Selangor

Shop Office for Sale by Auction (Lelong) in Kuala Selangor · Peninsula Park 20
Reserve Price
RM 800,000
Market Price
RM 1,000,000
You save
RM 200,000
20% below market

Property Details

Type
Shop Office
Tenure
Freehold
Land Area
2,241 sqft
Auction Date
8 Oct 2026 · 03:30 PM
Auction Round
2nd auction
Auctioning Bank
Malayan Banking Berhad
Area
Kuala Selangor
Region
Selangor
Reference
6656BA8B1F

Auction History

RoundAuction DateReserve PriceResult
1st auction29 Sep 2026RM 1,000,000Unsold
2nd auction8 Oct 2026RM 800,000Upcoming

About This Lelong Shop Office for Sale in Kuala Selangor

This bank auction (lelong) shop office in Peninsula Park, Kuala Selangor is for sale by auction with a reserve price of RM800,000, around 20% below market value. Auction properties like this one in Kuala Selangor can often be bought below market price.

This freehold office unit or shop lot in Kuala Selangor, Selangor is a bank auction (lelong) property with a reserve price of RM800,000 against a market value of RM1,000,000, about 20% below market. The land area is 2,241 sq ft and the auctioning bank is Malayan Banking Berhad (Maybank), with the auction scheduled for 8 October 2026. Contact agent Peter Tan for full auction details and bidding guidance.

No. 20, Jalan Peninsula Utama 1, Peninsula Park, 45000 Kuala Selangor, Selangor

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FAQ

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

The reserve price of RM 800,000 is about 20% below the estimated market value of RM 1,000,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 800,000, set by Malayan Banking Berhad, the minimum bid for the auction. The final price is decided by open bidding.

When is the auction?+

The auction date is 8 Oct 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Kuala Selangor?+

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: 5 Oct 2026

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