Sungai Wang Plaza: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM413k
Sungai Wang Plaza, Jalan Sultan Ismail, 55100 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 635 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Public Bank Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 6A9D22AACD
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 5 Mar 2026 | RM 459,000 | Unsold |
| 3rd auction | 10 Sep 2026 | RM 413,100 | Unsold |
Recent auction sold prices for shop office in Kuala Lumpur
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| Block C, Setiawangsa Business Suite Shop Office · Kuala Lumpur | 29 Sep 2026 | 6th auction | RM 306,000 | RM 348,000 | +13.7% |
| Berjaya Times Square, Block Podium Shop Office · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 1,116,000 | RM 1,116,000 | At reserve |
| & BO2-B-18A-1, Menara 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 7,900,000 | RM 7,900,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 3,810,000 | RM 3,810,000 | At reserve |
| Menara 3, No. 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 5,250,000 | RM 5,250,000 | At reserve |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Sungai Wang Plaza, Kuala Lumpur is for sale by auction with a reserve price of RM413,100, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
Freehold retail space at Sungai Wang Plaza, Kuala Lumpur, offered via bank auction (lelong) at RM413,100, approximately 19% below its RM510,000 market value. This 635 sqft unit is part of a bustling commercial complex along Jalan Sultan Ismail. Contact Crispina Ng for auction details.
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 413,100 is about 19% below the estimated market value of RM 510,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 413,100, set by Public 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 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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Lelong buying guides
- Buying Shop Office at Auction in KL & Selangor: Guide
- Puchong Bank Auction Guide: Tips for Lelong Buyers
- Cheras Auction Guide: Buy Lelong Properties Below Market
- Klang Auction Properties: A Buyer's Guide to Lelong Deals
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