Pusat Niaga Velodrom: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
Pusat Niaga Velodrom, Jalan Dataran Velodrom, 56100, Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 1,540 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Maybank Islamic Berhad
- Region
- Kuala Lumpur
- Reference
- 484618BF3E
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 7 Apr 2026 | RM 1,800,000 | Unsold |
| 3rd auction | 21 Oct 2026 | RM 1,620,000 | Unsold |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Pusat Niaga Velodrom, Kuala Lumpur is for sale by auction with a reserve price of RM1,620,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit or shop lot at Pusat Niaga Velodrom, Jalan Dataran Velodrom, 56100 Kuala Lumpur is offered via bank auction (lelong) by Maybank Islamic Berhad, with a reserve price of RM1,620,000 against a market value of RM2,000,000, about 19% below market. The auction is scheduled for 21 October 2026. Contact agent Crispina Ng for auction details.
Location
Open in Google Maps ↗Pusat Niaga Velodrom, Jalan Dataran Velodrom, 56100, Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 1,620,000 is about 19% below the estimated market value of RM 2,000,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 1,620,000, set by Maybank Islamic 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 Crispina Ng 013-744 9391 for the latest schedule.
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.
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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- Buying Shop Office at Auction in KL & Selangor: Guide
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