Shop Office10%below market

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · The Scott Garden 2-42

No. 2-42, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58000 Kuala Lumpur

Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · The Scott Garden 2-42
Reserve Price
RM 891,000
Market Price
RM 990,000
You save
RM 99,000
10% below market

Property Details

Type
Shop Office
Built-Up
1,651 sqft
Auction Date
24 Sep 2026 · 11:30 AM
Auction Round
2nd auction
Auctioning Bank
Standard Chartered Bank Malaysia Berhad
Area
Kuala Lumpur
Region
Kuala Lumpur
Reference
534BCF0A2A

Auction History

RoundAuction DateReserve PriceResult
1st auction24 Aug 2026RM 990,000Unsold
2nd auction24 Sep 2026RM 891,000Upcoming

Recent auction sold prices for shop office in Kuala Lumpur

Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.

PropertySold onRoundReserveSold pricePremium
Nos. BO2-B-18-1 & BO2-B-18A-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 7,900,000RM 7,900,000At reserve
No. BO2-B-10-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 3,810,000RM 3,810,000At reserve
No. BO2-B-15-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 5,250,000RM 5,250,000At reserve
No. BO2-B-16-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 5,250,000RM 5,250,000At reserve
No. BO2-B-17-1, Menara 3
Shop Office · Kuala Lumpur
3 Sep 20261st auctionRM 4,950,000RM 4,950,000At reserve

Sold Auction Prices in Kuala Lumpur

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 RM891,000, around 10% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.

This 1,651 sq ft office unit or shop lot at The Scott Garden (Kompleks Rimbun Scott), Jalan Kelang Lama, Kuala Lumpur, is a bank auction (lelong) property by Standard Chartered Bank Malaysia Berhad. The tenure is not stated, and the reserve price is RM891,000, about 10% below the market price of RM990,000, with the auction scheduled for 24 September 2026. Contact agent Peter Tan for auction details.

No. 2-42, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang 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 891,000 is about 10% below the estimated market value of RM 990,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 891,000, set by Standard Chartered 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 24 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 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: 14 Sep 2026

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