The Scott Garden: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM395k
The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur.
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 1,668 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 4th auction · lower reserve
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 11DEEF8B84
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 22 Jul 2026 | RM 540,000 | Unsold |
| 3rd auction | 21 Aug 2026 | RM 486,000 | Unsold |
| 4th auction | 22 Oct 2026 | RM 395,000 | 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 The Scott Garden, Kuala Lumpur is for sale by auction with a reserve price of RM395,000, around 34% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
Freehold office unit or shop lot at The Scott Garden (Kompleks Rimbun Scott) on Jalan Klang Lama, Kuala Lumpur, with a built-up area of about 1,668 sq ft. This bank auction (lelong) property is reserved at RM395,000 against a market value of RM598,485, roughly 34 percent below market. Jalan Klang Lama is a long established commercial corridor in Kuala Lumpur. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur.
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 395,000 is about 34% below the estimated market value of RM 598,485. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 395,000, set by United Overseas 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 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
- Where to Buy Lelong Properties in Kuala Lumpur
- Lelong Kajang Guide: Buying Bank Auction Property in Kajang
- Shah Alam Auction Properties: A Buyer's Guide to Lelong
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