Shop OfficeFreehold19%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · The Scott Garden 2-3A

No. 2-3A, The Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · The Scott Garden 2-3A
Reserve Price
RM 607,500
Market Price
RM 750,000
You save
RM 142,500
19% below market

Property Details

Type
Shop Office
Tenure
Freehold
Built-Up
1,636 sqft
Auction Date
21 Oct 2026 · 09:00 AM
Auction Round
3rd auction · lower reserve
Auctioning Bank
Alliance Bank Malaysia Berhad
Region
Kuala Lumpur
Reference
71157D8920

Auction History

RoundAuction DateReserve PriceResult
2nd auction26 Feb 2026RM 675,000Unsold
3rd auction21 Oct 2026RM 607,500Upcoming

About This Lelong Shop Office for Sale in Kuala Lumpur

This bank auction (lelong) shop office in The Scott Garden, Kuala Lumpur is for sale by auction with a reserve price of RM607,500, around 19% below market value. 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 The Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur offers 1,636 sq ft of built-up area. It is a bank auction (lelong) property by Alliance Bank Malaysia Berhad with a reserve price of RM607,500, about 19% below its RM750,000 market value. The auction is set for 21 October 2026; contact agent Peter Tan for auction details.

No. 2-3A, The Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur

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FAQ

How much below market value is this Shop Office in Kuala Lumpur?+

The reserve price of RM 607,500 is about 19% below the estimated market value of RM 750,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 607,500, 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 21 Oct 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Kuala Lumpur?+

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: 10 Sep 2026

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