127 Lelong Shop Office in Kuala Lumpur
Kuala Lumpur is a vibrant business hub, making shop offices here a prime investment. At BidNest Auction, we offer a wide selection of shop office properties available through bank auction. These auction properties often have reserve prices 10-40% below market value, a smart way for buyers and investors to find a good deal. To participate, register with us, pay the 10% deposit, and bid on auction day. For auction dates, reserve prices, and the bidding process, contact Peter Tan.
35 shop office lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 580,000, 71.4% at exactly the reserve. See sold prices
Menara UP
No. 13-02 & 13-03, Menara UP, Jalan Puchong, 58200 Kuala Lumpur
Menara RA
No. Suite 1-3, Menara RA, No. 18, Jalan Dataran SD 2, Dataran SD, PJU 9, 52200 Kuala Lumpur
Tower E
No. E-13A-06, Tower E, Bangsar Trade Centre, Plaza Pantai, Jalan Pantai Baru, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Tower E
No. E-13A-03A, Tower E, Bangsar Trade Centre, Plaza Pantai, No. 5, Jalan 4/83A, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Menara UP
No. 15-03, Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur
Jalan 3/62A
No. 77-3, Jalan 3/62A, 52200 Bandar Menjalara, Kuala Lumpur
Arte+ @ Jalan Ampang
No. T1-39-06, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
How to Buy an Auction Property in Kuala Lumpur
- 1Shortlist properties
Browse auction listings in Kuala Lumpur, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ
What do shop office auctions in Kuala Lumpur actually sell for?+
35 shop office lots sold at auction in Kuala Lumpur in the last 12 months, median sold price RM 580,000, 71.4% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many shop office auctions are there in Kuala Lumpur?+
There are currently 127 bank auction (lelong) shop office properties in Kuala Lumpur, updated regularly.
How much below market are Kuala Lumpur shop office auctions?+
Reserve prices for shop office auctions in Kuala Lumpur are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong shop office in Kuala Lumpur?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Kuala Lumpur?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Kuala Lumpur?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.