2069 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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Jalan Murni
No. 5-7, Anjung Damai, Jalan Murni, 55000, Kuala Lumpur, Kuala Lumpur
Plaza Sentral
No. 3B-5-7, Block 3B, Plaza Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur.
Jalan Ara SD 7/4E
No. 6, Jalan Ara SD 7/4E, Bandar Sri Damansara, 52200, Petaling Jaya, Selangor
Residensi Bayan Desa Petaling (On site Is Tower
No. C-32-01, Residensi Bayan Desa Petaling (On site Is Tower C, Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Hartamas Regency 2
No. B-3-3, Block B, Hartamas Regency 2, No. 2, Jalan Duta Hartamas, Off Persiaran Dutamas, Sri Hartamas, 50480 Kuala Lumpur
Residensi Renai Jalil @ The Rainz
No. C-28-02, Residensi Renai Jalil @ The Rainz, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Laman Scenaria Kiara
No. A-19-5, Block A, Laman Scenaria Kiara, Jalan 6/38A, 51200 Kuala Lumpur
Wisma Infinitum
No. B-09-07, Wisma Infinitum, No. 18. Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
Menara Inspirasi
No. B-13-06, Menara Inspirasi, No. 30, Jalan 1/65A, Off Jalan Tun Razak, 50400 Kuala Lumpur
Jalan E 5/3
No. 737, Jalan E 5/3, Taman Ehsan, 52100, Kepong, Kuala Lumpur
Kompleks Danau Kota
No. B-10-23, Kompleks Danau Kota, Taman Zeta @ Zetapark, 67, Jalan Taman Ibu Kota, Setapak, 53300, Kuala Lumpur, Kuala Lumpur
Country Heights Damansara
No. B-29-10, 29Th Floor, Block B Residensi Hampton Damansara, Persiaran Tecoma, Country Heights Damansara, 60000 Kuala Lumpur
SkyVogue Residences
No. A-16-02, SkyVogue Residences, No. 23, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Royal Regent
No. B-09-03, Block B, Royal Regent, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Bandar Razak
No. D1-19-08, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Altris
No. A-23A-02, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
M Arisa Residences
No. A-36-06, M Arisa Residences, Jalan Sentul Pasar, 51000 Kuala Lumpur
Tower A2
No. A2-08-03, Tower A2, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300, Kuala Lumpur, Kuala Lumpur
Residensi Skyluxe
No. B-41-03A, Residensi Skyluxe, No. 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur.
Residensi Altris
No. C-23-02, Residensi Altris, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
30th Floor
No. 30-09, 30th Floor, Benteng 8 (skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Tower B
No. B-28-06, Tower B, Residensi M Astra, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. C-15-06, Blok C, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi Altris
No. B-22-03, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 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 2069 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.