Shop OfficeLeasehold35%below market

Shop Office for Sale by Auction (Lelong) in Shah Alam · R6

Jalan Tasik Raja Lumu M U4/M, Seksyen U4, 40150, Shah Alam, Selangor

📅 The result of the last auction round has not been confirmed: it may have gone unsold, sold or been called off, and no new date is set yet. Contact Crispina Ng to confirm the current status.
Shop Office for Sale by Auction (Lelong) in Shah Alam · R6
Reserve Price
RM 1,296,000
Market Price
RM 1,993,846
You save
RM 697,846
35% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Land Area
1,650 sqft
Auction Date
Date to be confirmed
Auction Round
6th auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Area
Shah Alam
Region
Selangor
Reference
CB24790F85

Title & restrictions

State consent to transfer
Required: transfer or charge needs State Authority written consent
Land use (express condition)
Commercial
Balance payment period
120 days from the auction date
Court
High Court, Shah Alam

From the High Court proclamation of sale. Confirm with a land title search before bidding.

Auction History

RoundAuction DateReserve PriceResult
5th auction13 Apr 2026RM 1,440,000Unsold
6th auction2 Nov 2026RM 1,296,000Unsold

Recent auction sold prices for shop office in Shah Alam

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

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26 Aug 20265th auctionRM 1,579,500RM 1,600,000+1.3%

Sold Auction Prices in Selangor →

About This Lelong Shop Office for Sale in Shah Alam

This bank auction (lelong) shop office in Shah Alam is for sale by auction with a reserve price of RM1,296,000, around 35% below market value. Auction properties like this one in Shah Alam can often be bought below market price.

This leasehold office unit or shop lot in Seksyen U4, Shah Alam, Selangor, offers 1,650 sq ft of space along Jalan Tasik Raja Lumu M U4/M. It is a bank auction (lelong) property by CIMB Bank Berhad, with the auction set for 2 November 2026 and a reserve price of RM1,296,000 against a market value of RM1,993,846, roughly 35 percent below market. Shah Alam is an established city and the Selangor state capital, giving the address strong commercial context. Contact Crispina Ng for auction details and financing guidance.

Jalan Tasik Raja Lumu M U4/M, Seksyen U4, 40150, Shah Alam, Selangor

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FAQ

How much below market value is this Shop Office in Shah Alam?+

The reserve price of RM 1,296,000 is about 35% below the estimated market value of RM 1,993,846. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 1,296,000, set by CIMB Bank 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 Shah Alam?+

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.

Do I need state consent to buy this property?+

Yes. The title carries a restriction in interest: it cannot be transferred or charged without the State Authority's written consent. Apply right after the auction so the transfer and your loan are not held up, since the balance is due within 120 days.

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.

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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