Sungei Wang Plaza: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
S 065, Tingkat 2, Sungei Wang Plaza, Jalan Sultan Ismail, 50250, Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 850 sqft
- Auction Date
- 9 Dec 2026 · 09:00 AM
- Auction Round
- 1st auction
- Auctioning Bank
- Alliance Bank Malaysia Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 09120697DB
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Commercial
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
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 Sungei Wang Plaza, Kuala Lumpur is for sale by auction with a reserve price of RM1,600,000. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit, shop lot or retail space at Sungei Wang Plaza, Jalan Sultan Ismail, Kuala Lumpur is offered via bank auction (lelong) by Alliance Bank Malaysia Berhad. It has an 850 sq ft land area and a reserve price of RM 1,600,000, with the auction set for 9 December 2026. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗S 065, Tingkat 2, Sungei Wang Plaza, Jalan Sultan Ismail, 50250, Kuala Lumpur
FAQ
What is the reserve price?+
The reserve price is RM 1,600,000, set by Alliance Bank Malaysia Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 9 Dec 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
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.
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.
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
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- Avoid These Mistakes When Buying Lelong Property
- Auction Property Timeline: From Winning Bid to Keys
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