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
Property Details
- Type
- Shop Office
- Built-Up
- 1,651 sqft
- Auction Date
- 26 Oct 2026 · 11:00 AM
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- Standard Chartered Bank Malaysia Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- F3699EBFD4
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 24 Aug 2026 | RM 990,000 | Unsold |
| 2nd auction | 24 Sep 2026 | RM 891,000 | Unsold |
| 3rd auction | 26 Oct 2026 | RM 801,900 | Upcoming |
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 |
|---|---|---|---|---|---|
| No. C-3-3, Block C Shop Office · Kuala Lumpur | 29 Sep 2026 | 6th auction | RM 306,000 | RM 348,000 | +13.7% |
| No. 4-63, Berjaya Times Square Shop Office · Kuala Lumpur | 22 Sep 2026 | 5th auction | RM 1,116,000 | RM 1,116,000 | At reserve |
| Nos. BO2-B-18-1 & 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 |
| No. BO2-B-10-1, Menara 3 Shop Office · Kuala Lumpur | 3 Sep 2026 | 1st auction | RM 3,810,000 | RM 3,810,000 | At reserve |
| No. BO2-B-15-1, Menara 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 RM801,900, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This bank auction (lelong) property is a 1,651 sq ft office unit / shop lot / retail space at The Scott Garden (Kompleks Rimbun Scott), Jalan Kelang Lama, Kuala Lumpur, scheduled for auction on 26 October 2026 by Standard Chartered Bank Malaysia Berhad. The reserve price is RM801,900, roughly 19% below the estimated market value of RM990,000, while the tenure is not stated in the listing. Contact Peter Tan, Real Estate Negotiator (REN 12771), for auction details.
Location
Open in Google Maps ↗No. 2-42, 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 801,900 is about 19% 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 801,900, 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 26 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.
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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