Shop OfficeFreehold72%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Pusat Komersial Southgate B-02-07

No. B-02-07, Pusat Komersial Southgate, No. 2, Jalan Dua, Off Jalan Chan Sow Lin, 55200 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · Pusat Komersial Southgate B-02-07
Reserve Price
RM 285,000
Market Price
RM 1,017,857
You save
RM 732,857
72% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
1,539 sqft
Auction Date
8 Sep 2026 · 10:30 AM
Auction Round
31st auction · lower reserve
Auctioning Bank
OCBC Bank Malaysia Berhad
Region
Kuala Lumpur
Reference
0309A94186

Auction History

RoundAuction DateReserve PriceResult
29th auction28 Jul 2026RM 351,000Unsold
30th auction18 Aug 2026RM 316,000Unsold
31st auction8 Sep 2026RM 285,000Upcoming

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in Pusat Komersial Southgate, Kuala Lumpur is for sale by auction with a reserve price of RM285,000, around 72% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This freehold retail/office unit in Southgate commercial complex, Jalan Chan Sow Lin, Kuala Lumpur is being sold via bank auction. With a built-up area of 1,539 sqft, the reserve price is RM285,000, reflecting a 72% discount from the market value of RM1,017,857. Contact Peter Tan for auction details and to arrange a viewing.

No. B-02-07, Pusat Komersial Southgate, No. 2, Jalan Dua, Off Jalan Chan Sow Lin, 55200 Kuala Lumpur

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FAQ

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

The reserve price of RM 285,000 is about 72% below the estimated market value of RM 1,017,857. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 285,000, set by OCBC 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 8 Sep 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 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: 3 Sep 2026

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