The Scott Garden S-3-52: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur
No. S-3-52, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Freehold
- Land Area
- 2,023 sqft
- Auction Date
- 26 Nov 2026 · 09:00 AM
- Auction Round
- 6th auction · lower reserve
- Auctioning Bank
- United Overseas Bank (Malaysia) Berhad
- Region
- Kuala Lumpur
- Reference
- 43D809EE8E
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.
Against The Scott Garden subsale prices
This reserve is about 6% above the building's JPPH-registered subsale median (scaled to the land area); check the unit size and condition before you bid.
Subsale median RM445,000, JPPH-registered subsale transfers, 36 months.
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 RM585,000, around 42% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This freehold office unit / shop lot / retail space at The Scott Garden, Jalan Klang Lama, Kuala Lumpur is a bank auction (lelong) listing by United Overseas Bank (Malaysia) Berhad. It carries a reserve price of RM585,000 against a market price of RM1,008,621, around 42% below market, with 2,023 sq ft land area and the auction set for 26 November 2026. Contact Crispina Ng for auction details and bidding guidance.
Location
Open in Google Maps ↗No. S-3-52, 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 585,000 is about 42% below the estimated market value of RM 1,008,621. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 585,000, 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 26 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
- Cukai Tanah Negeri Sembilan (Quit Rent): How to Check, Pay and Which Land Office
- Lelong vs Subsale vs New Launch: Which Should You Buy?
- How Much Cheaper Are Lelong Properties? What Auction Data Shows
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