Shop Office10%below market

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

Shop Office for Sale by Auction (Lelong) in Shah Alam · SOVO Tower S1-22-10
Reserve Price
RM 324,000
Market Price
RM 360,000
You save
RM 36,000
10% below market

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.

PropertySold onRoundReserveSold pricePremium
No. 3-03-08, No. 1
Shop Office · Shah Alam
26 Aug 20265th auctionRM 1,579,500RM 1,600,000+1.3%
No. CO-11-11, Menara Sunsuria
Shop Office · Shah Alam
5 Aug 20263rd auctionRM 404,600RM 404,600At reserve
No. A-09-07, Pejabat Radia
Shop Office · Shah Alam
24 Jun 20265th auctionRM 316,000RM 340,000+7.6%
No. 2-G-02, Ground Floor
Shop Office · Shah Alam
28 Apr 20263rd auctionRM 1,080,000RM 1,080,000At reserve
No. SV-15-06, Dataran Prestij (also known as SqWhere)
Shop Office · Shah Alam
23 Apr 20263rd auctionRM 316,000RM 367,000+16.1%

Sold Auction Prices in Selangor

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.

No. S1-22-10, SOVO Tower, Dsara Sentral, Jalan Welfare, Bandar Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor

Loading map…

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.

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: 17 Sep 2026

Similar auction properties

Explore more auctions