The Scott Garden: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · RM632k
The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Shop Office
- Built-Up
- 1,748 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Standard Chartered Bank Malaysia Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- D3EAB72419
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 24 Aug 2026 | RM 780,000 | Unsold |
| 2nd auction | 24 Sep 2026 | RM 702,000 | Unsold |
| 3rd auction | 26 Oct 2026 | RM 631,800 | 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 RM631,800, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This 1,748 sq ft office or retail unit at The Scott Garden, Jalan Kelang Lama in Kuala Lumpur is a bank auction (lelong) property scheduled for 26 October 2026. The reserve price is RM631,800 against a market value of RM780,000, about 19% below market, and tenure is not stated in the listing. Contact Crispina Ng for auction details and guidance on financing.
Location
Open in Google Maps ↗The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58000 Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 631,800 is about 19% below the estimated market value of RM 780,000. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 631,800, 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 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
- Before You Rent a Factory: How to Check for a Bank Charge, Caveats and Auction Risk
- Won a Factory at Auction: Who Insures It Before You Get the Keys?
- Where to Find Lelong Properties in Malaysia: Every Listing Source Compared
Other auctions in Kuala Lumpur
- No. 2-2301, Villa Pandan 2Apartment / Condo · Kuala LumpurReserve RM 500,000
- The Scott Garden (Kompleks Rimbun Scott), No. 289Shop Office · Kuala LumpurReserve RM 801,900
- The Scott Garden (Kompleks Rimbun Scott), No. 289Apartment / Condo · Kuala LumpurReserve RM 1,093,500
- No. 28, Jalan Ara Sd 7/3eTerrace House · Kuala LumpurReserve RM 990,000
- Plaza KLTS, Block BShop Office · Kuala LumpurReserve RM 680,400
- Plaza KLTS, Block BShop Office · Kuala LumpurReserve RM 939,600
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