The Scott Garden: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM309k
The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur.
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 2,120 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
- CE985F6FF6
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 22 Jul 2026 | RM 423,000 | Unsold |
| 3rd auction | 21 Aug 2026 | RM 381,000 | Unsold |
| 4th auction | 22 Oct 2026 | RM 309,000 | 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 RM309,000, around 34% 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 on Jalan Klang Lama in Kuala Lumpur offers 2,120 sq ft of built-up space and is being sold via bank auction (lelong) by United Overseas Bank (Malaysia) Berhad. The reserve price is RM309,000 against a market value of RM468,182, a 34% below-market opportunity, with the auction set for 22 October 2026. 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 309,000 is about 34% below the estimated market value of RM 468,182. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 309,000, 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
- Shah Alam Auction Properties: A Buyer's Guide to Lelong
- Puchong Bank Auction Guide: Tips for Lelong Buyers
- Cheras Auction Guide: Buy Lelong Properties Below Market
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