The Scott Garden S-2-53: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. S-2-53, The Scott Garden (Kompleks Rimbun Scott), 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Built-Up
- 1,636 sqft
- Auction Date
- 5 Nov 2026 · 09:00 AM
- Auction Round
- 9th auction · lower reserve
- Auctioning Bank
- RHB Bank Berhad
- Area
- Kuala Lumpur
- Region
- Kuala Lumpur
- Reference
- 957119A7FE
Title & restrictions
- State consent to transfer
- No restriction in interest stated on the proclamation
- Land use (express condition)
- Commercial
- Balance payment period
- 120 days from the auction date
- Court
- High Court, Kuala Lumpur
From the High Court proclamation of sale. Confirm with a land title search before bidding.
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 8th auction | 7 May 2026 | RM 383,500 | Unsold |
| 9th auction | 5 Nov 2026 | RM 346,000 | 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 |
|---|---|---|---|---|---|
| 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 RM346,000, around 57% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold shop-office unit at The Scott Garden on Jalan Kelang Lama in Kuala Lumpur offers 1,636 sq ft of built-up space. It is a bank auction (lelong) property by RHB Bank Berhad with a reserve price of RM346,000 against a market value of RM804,651, around 57% below market. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗No. S-2-53, The Scott Garden (Kompleks Rimbun Scott), 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 346,000 is about 57% below the estimated market value of RM 804,651. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 346,000, set by RHB Bank Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is 5 Nov 2026. Dates and reserve prices may be revised by the bank, contact Crispina Ng to confirm.
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.
How long do I have to pay the balance after winning?+
The court proclamation gives 120 days from the auction date to pay the balance of the purchase price. Line up your loan before auction day.
What can this property be used for?+
The title's express condition is commercial use. Commercial titles usually pay commercial rates for quit rent and assessment.
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
- How Auction Rounds Affect Lelong Property Buying
- Winning Bid vs Reserve: Why Median Is the Reserve
- How to Read a Proclamation of Sale for Lelong Property
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