948 Rumah Lelong Kuala Lumpur · Bank Auction Properties
Kuala Lumpur, Malaysia's bustling capital, offers a dynamic property market where bank auctions present unique opportunities for buyers. Whether you're searching for a condominium in the city center or a landed home in the suburbs, auction houses regularly feature a wide selection of properties for sale at reserve prices often 10-40% below market value. These bank-lelong events are an excellent avenue for first-home buyers and savvy investors to secure affordable homes. To participate, register in advance, pay a 10% deposit, and bid on auction day. For auction dates, reserve prices, and guidance on the bidding process, reach out to Peter Tan, your trusted auction specialist.
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Residensi Pavilion Bukit Ceylon
No. C-31-03, Residensi Pavilion Bukit Ceylon, No. 5, Changkat Raja Chulan, 50200 Kuala Lumpur
Taman Sri Endah
No. 23, Jalan 1/149H, Taman Sri Endah, 57000, Kuala Lumpur
Residensi Riverville
No. A-05-03, Residensi Riverville, Block A, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000, Kuala Lumpur
The Scott Garden
No. 3-05, The Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Shamelin Star
No. R-16-3A, Residensi Shamelin Star, No. 36A, Jalan 4/91, Taman Shamelin Perkasa, 56100, Kuala Lumpur
Residensi Vivo
No. A-31-03, Block A, Residensi Vivo, 9 Seputeh, Jalan Telok Datok, Off Jalan Klang Lama, 58000 Kuala Lumpur
Regalia Service Apartment
No. C-29-10, Block C, Regalia Service Apartment, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Tower 2
No. 2-10-07, Tower 2, Residensi Bintang, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Henge
No. E-31-03, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Menara Verve Suites
No. A-17-07, Menara Verve Suites, Jalan Klang Lama, 58000, Kuala Lumpur
KL Traders Square
No. A-17-12, Block A, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Regalia Service Apartments
No. C-28-09, Block C, Regalia Service Apartments, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Residensi M Astra
No. B-10-25, Residensi M Astra, No. 1, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Jalan Sri Hartamas 17
No. 83, Jalan Sri Hartamas 17, Taman Sri Hartamas, 50480, Kuala Lumpur
Solaris Dutamas
No. B2-21-2, Block B2, Solaris Dutamas, Jalan Dutamas 1, off Jalan Duta, 50480 Kuala Lumpur
G Residence
No. A-15-13, Block A, G Residence, Jalan Desa Pandan, Desa Pandan, 55100 Kuala Lumpur
Tower 1
No. 1-37-12, 37th Floor, Tower 1, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Kamar Putra
No 31-02, Level 31, Residensi Kamar Putra (Residensi Chambers), No 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Wisma Infinitum
No. B-09-07, Wisma Infinitum, No. 18. Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
Tower B
No. B-17-01, Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Arena Hijau – Blok B
No. B-13A-15, Pangsapuri Arena Hijau – Blok B, Jalan 1/155a, Bukit Jalil, 57000, Kuala Lumpur
Villa Wangsamas Condominium
No. F-13A-5, Block F, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300, Kuala Lumpur
PV6 Platinum Hill Condo
No. B-06-05, PV6 Platinum Hill Condo, No. 3, Jalan Melati 3, Taman Melati Utama, 53100, Setapak, Kuala Lumpur
Midfields Condominium
No. A2-1-2, Block A2, Midfields Condominium, No. 3, Jalan Besi Kawi, Off Lebuhraya Sungai Besi, 57100 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 · Kuala Lumpur
How many auction properties are there in Kuala Lumpur?+
There are currently 948 bank auction (lelong) properties in Kuala Lumpur, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Kuala Lumpur?+
Reserve prices in Kuala Lumpur are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Kuala Lumpur?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so 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.