Plaza Permata 1207: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. 1207, 1208, 1209 & 1210, 12th Floor, Plaza Permata, No. 6, Jalan Kampar, 50400 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 1,001 sqft
- Auction Date
- 9 Dec 2026 · 09:00 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- Malayan Banking Berhad
- Region
- Kuala Lumpur
- Reference
- BFCCF586F1
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Commercial
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 9 Apr 2026 | RM 1,206,000 | Unsold |
| 2nd auction | 9 Dec 2026 | RM 1,085,400 | Upcoming |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Plaza Permata, Kuala Lumpur is for sale by auction with a reserve price of RM1,085,400, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
Four office units (Nos. 1207 to 1210) on the 12th floor of Plaza Permata, Jalan Kampar, Kuala Lumpur, are offered through a bank auction (lelong) on freehold title. The reserve price is RM1,085,400 against a market value of RM1,206,000, roughly 10% below market, with a land area of 1,001 sq ft. Contact Crispina Ng for auction details and help with financing.
Location
Open in Google Maps ↗No. 1207, 1208, 1209 & 1210, 12th Floor, Plaza Permata, No. 6, Jalan Kampar, 50400 Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 1,085,400 is about 10% below the estimated market value of RM 1,206,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 1,085,400, 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 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.
How long do I have to pay the balance after winning?+
The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.
What can this property be used for?+
The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.
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
- Bank Lelong Property in Malaysia: How Each Bank Runs Its Auctions
- Can You Buy a Lelong Property Directly From the Bank?
- MRTA vs MLTA for a Lelong Property: Which to Choose, Plus Fire Insurance
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