Shop Office for Sale by Auction (Lelong) in Shah Alam · SOVO Tower S1-22-10
No. S1-22-10, SOVO Tower, Dsara Sentral, Jalan Welfare, Bandar Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Property Details
- Type
- Shop Office
- Built-Up
- 753 sqft
- Auction Date
- 29 Sep 2026 · 10:30 AM
- Auction Round
- 2nd auction
- Auctioning Bank
- Maybank Islamic Berhad
- Area
- Shah Alam
- Region
- Selangor
- Reference
- B7A7214693
Recent auction sold prices for shop office in Shah Alam
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. 3-03-08, No. 1 Shop Office · Shah Alam | 26 Aug 2026 | 5th auction | RM 1,579,500 | RM 1,600,000 | +1.3% |
| No. CO-11-11, Menara Sunsuria Shop Office · Shah Alam | 5 Aug 2026 | 3rd auction | RM 404,600 | RM 404,600 | At reserve |
| No. A-09-07, Pejabat Radia Shop Office · Shah Alam | 24 Jun 2026 | 5th auction | RM 316,000 | RM 340,000 | +7.6% |
| No. 2-G-02, Ground Floor Shop Office · Shah Alam | 28 Apr 2026 | 3rd auction | RM 1,080,000 | RM 1,080,000 | At reserve |
| No. SV-15-06, Dataran Prestij (also known as SqWhere) Shop Office · Shah Alam | 23 Apr 2026 | 3rd auction | RM 316,000 | RM 367,000 | +16.1% |
About This Lelong Shop Office for Sale in Shah Alam
This bank auction (lelong) shop office in SOVO Tower, Shah Alam is for sale by auction with a reserve price of RM324,000, around 10% below market value. Auction properties like this one in Shah Alam can often be bought below market price.
This office unit or retail space in SOVO Tower, Dsara Sentral, Bandar Baru Sungai Buloh, Shah Alam, Selangor, is a bank auction property from Maybank Islamic Berhad, with tenure not specified in the listing. It has a built-up area of 753 sqft and is reserved at RM324,000, about 10% below the estimated market value of RM360,000. The auction is scheduled for 29 September 2026; contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. S1-22-10, SOVO Tower, Dsara Sentral, Jalan Welfare, Bandar Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
FAQ
How much below market value is this Shop Office in Shah Alam?+
The reserve price of RM 324,000 is about 10% below the estimated market value of RM 360,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 324,000, 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 29 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 Shah Alam?+
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.
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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