Tower A: Shop Office for Sale by Auction (Lelong) in Kuala Lumpur · R3
Tower A, Mercu Summer Suites, No.8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Property Details
- Type
- Shop Office
- Tenure
- Leasehold
- Built-Up
- 1,163 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 3rd auction · lower reserve
- Auctioning Bank
- CIMB Bank Berhad
- Region
- Kuala Lumpur
- Reference
- D45E52A5B2
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 2nd auction | 2 Apr 2026 | RM 612,000 | Unsold |
| 3rd auction | 23 Sep 2026 | RM 551,000 | Unsold |
About This Lelong Shop Office for Sale in Kuala Lumpur
This bank auction (lelong) shop office in Tower A, Kuala Lumpur is for sale by auction with a reserve price of RM551,000, around 19% below market value. Auction properties like this one in Kuala Lumpur can often be bought below market price.
This is a leasehold office unit or retail space at Mercu Summer Suites, Tower A, on Jalan Cendana off Jalan Sultan Ismail in Kuala Lumpur. Offered at a reserve price of RM551,000, which is about 19% below the estimated market value of RM680,247, making it an attractive bank auction (lelong) opportunity. Contact agent Crispina Ng for auction details and to arrange a viewing.
Location
Open in Google Maps ↗Tower A, Mercu Summer Suites, No.8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
FAQ
How much below market value is this Shop Office in Kuala Lumpur?+
The reserve price of RM 551,000 is about 19% below the estimated market value of RM 680,247. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 551,000, set by CIMB Bank 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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