Shop OfficeLeasehold16%below market

Shop Office for Sale by Auction (Lelong) in Petaling Jaya · Tropicana Avenue A-08-03

No. A-08-03, Block A, Tropicana Avenue, No. 12, Persiaran Tropicana Golf & Country Resort, PJU 3, 47410 Petaling Jaya, Selangor

Shop Office for Sale by Auction (Lelong) in Petaling Jaya · Tropicana Avenue A-08-03
Reserve Price
RM 420,000
Market Price
RM 500,000
You save
RM 80,000
16% below market

Property Details

Type
Shop Office
Tenure
Leasehold
Built-Up
710 sqft
Auction Date
26 Aug 2026 · 10:30 AM
Auction Round
4th auction · lower reserve
Auctioning Bank
CIMB Bank Berhad
Area
Petaling Jaya
Region
Selangor
Reference
3723752BAD

About This Lelong Shop Office for Sale in Petaling Jaya

This bank auction (lelong) shop office in Tropicana Avenue, Petaling Jaya is for sale by auction with a reserve price of RM420,000, around 16% below market value. Auction properties like this one in Petaling Jaya can often be bought below market price.

This 710 sq ft office unit or retail space in Tropicana Avenue, Petaling Jaya is offered via bank auction (lelong) by CIMB Bank. Leasehold tenure, with a reserve price of RM 420,000, which is 16% below the estimated market value of RM 500,000. Contact agent Peter Tan for auction details and to arrange a viewing.

No. A-08-03, Block A, Tropicana Avenue, No. 12, Persiaran Tropicana Golf & Country Resort, PJU 3, 47410 Petaling Jaya, Selangor

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FAQ

How much below market value is this Shop Office in Petaling Jaya?+

The reserve price of RM 420,000 is about 16% below the estimated market value of RM 500,000. Auction properties can often be bought below market.

What is the reserve price?+

The reserve price is RM 420,000, 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 26 Aug 2026. Dates and reserve prices may be revised by the bank, contact Peter Tan to confirm.

How do I bid on this property in Petaling Jaya?+

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.

Important note

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.

Last updated: 13 Aug 2026

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