124 Lelong Terrace House in Kuala Lumpur
Looking for a terrace house in Kuala Lumpur? Bank auction properties offer a smart way to buy below market value, with reserve prices often 10-40% lower than market. BidNest Auction features a wide selection of terrace homes across the city's established neighborhoods, from older suburbs to developing areas. These properties are ideal for first-home buyers and investors seeking a good deal. Simply register, pay the 10% deposit, and bid on auction day. Contact Peter Tan for auction dates, reserve prices, and the bidding process.
Jalan Damai Kasih 12
No. 7, Jalan Damai Kasih 12, Alam Damai, 56000 Cheras, Kuala Lumpur
Jalan 1/80B
No. 35, Bangsar Ria Townhouse, Jalan 1/80B, Taman Bandaraya, 59100 Kuala Lumpur
Jalan 6/38A
No. 1, Jalan 6/38A, Laman Scenaria Kiara, 51200, Kuala Lumpur
Jalan P. Ramlee
No. B-33-1, Sky Suites @ KLCC, Jalan P. Ramlee, 50250 Kuala Lumpur
Jalan Desiran Bayu
No. 48, Jalan Desiran Bayu, Taman Desiran Bayu, 53000 Kuala Lumpur
Jalan 52/1
No. 23, Jalan 52/1, Desa Jaya, Kepong, 52100, Kuala Lumpur
Jalan Udang Kertas
No. 2-102, Jalan Udang Kertas, Taman Sri Segambut, 52000, Kuala Lumpur
Jalan Margosa Sd 10/6a
No. 1, Jalan Margosa Sd 10/6a, 52200, Bandar Sri Damansara, Kuala Lumpur
Jalan Bukit Permai 2/1
No. 39, Jalan Bukit Permai 2/1, Taman Bukit Permai 2, 56100 Cheras, Kuala Lumpur
Bandar Putera
No. 13, Bandar Putera, Kebun Nenas 2H/KS07, 51200 Klang, Selangor
Jalan 5/38c
No. 29, Jalan 5/38c, Taman Sri Kepong Baru, 52100, Kuala Lumpur, Kuala Lumpur
Jalan Taman Melati 2
No. 14, Jalan Taman Melati 2, Taman Melati, 53100, Kuala Lumpur
Jalan F14
No. 500, Jalan F14, Taman Melawati, 53100, Kuala Lumpur
Jalan 3/60C
No. 62, Jalan 3/60C, Taman Segambut Muda, 51200 Kuala Lumpur
Jalan TC 1/7
No. 45, Jalan TC 1/7, Taman Cemerlang, 53100 Kuala Lumpur
Lorong Dungun
No. 36, Lorong Dungun, Damansara Heights, 50490 Kuala Lumpur
Lorong Aminuddin Baki 4
No. 1A, Lorong Aminuddin Baki 4, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Bukit Kiara
No. 13, East Residence @ KLGCC, Jalan Bukit Kiara, 60000 Kuala Lumpur
Jalan Sri Hartamas 17
No. D19, KH Villa Hartamas, No. 9, Jalan Sri Hartamas 17, Taman Sri Hartamas, 50480, Kuala Lumpur
Lorong Rahim Kajai 9
No. 21 & 23, Lorong Rahim Kajai 9, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Denai Selatan
No. 39, Jalan Denai Selatan, SouthLake, Desa Parkcity, 52200 Kuala Lumpur
Jalan Terasek 7
No. 83, Jalan Terasek 7, Bangsar Baru, 59100 Kuala Lumpur
Lorong Setiapuspa 2
No. 29, Lorong Setiapuspa 2, Bukit Damansara, 50490 Kuala Lumpur
Jalan Melawati 7B
No. 8, Kuarza 16, Jalan Melawati 7B, Taman Kuarza 16, 53100 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
How many terrace house auctions are there in Kuala Lumpur?+
There are currently 124 bank auction (lelong) terrace house properties in Kuala Lumpur, updated regularly.
How much below market are Kuala Lumpur terrace house auctions?+
Reserve prices for terrace house auctions in Kuala Lumpur are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house 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.