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 Desiran Bayu
No. 18, Jalan Desiran Bayu, Taman Desiran Bayu, 53300 Kuala Lumpur
Jalan Desiran Bayu 1
No. 72, Jalan Desiran Bayu 1, Taman Desiran Bayu, 53300 Kuala Lumpur
Jalan Damai Impian 2
No. 12, Jalan Damai Impian 2, Alam Damai, 56000 Kuala Lumpur
Lorong 4
No. H-11, Lorong 4, 19 Trees, Taman Melawati, 53100 Kuala Lumpur
Jalan Tasik Damai 5
No. 37, Jalan Tasik Damai 5, Taman Tasik Damai, Sungai Besi, 57000 Sungai Besi, Kuala Lumpur
Jalan Melawati 7B
No.10, Quartz 16, Jalan Melawati 7B, Taman Melawati 53100 Hulu Klang, Selangor Darul Ehsan
Jalan Damai Jasa 8
No. 19, Jalan Damai Jasa 8, Alam Damai, 56000 Kuala Lumpur
Jalan 7/149L
No. 21, Jalan 7/149L, Bandar Baru Seri Petaling, 57000 Kuala Lumpur
Lorong Beluntas 2
No. 28, Lorong Beluntas 2, Medan Damansara, 50490 Kuala Lumpur
Jalan Kenanga SD 9/9B
No. 6, Jalan Kenanga SD 9/9B, Bandar Sri Damansara (52200 Kuala Lumpur), 52200, Petaling Jaya, Selangor
Lorong Abang Haji Openg 1
No. 16, Lorong Abang Haji Openg 1, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Tasik 5
No. 8, Jalan Tasik 5, Taman Tasik Damai, Sungai Besi, 57000 Kuala Lumpur
Jalan Saga Sd 8/1
No. 12, Jalan Saga Sd 8/1, 52200, Bandar Sri Damansara, Kuala Lumpur
Jalan Ara Sd 7/3E
No. 28, Jalan Ara Sd 7/3E, 52200 Petaling Jaya, Selangor
Jalan Berlian
No. 7064, Jalan Berlian, Taman Setia Gombak, 53100 Kuala Lumpur
Jalan Damai Perdana 17/1A
No. 8, Jalan Damai Perdana 17/1A, Bandar Damai Perdana, 56000 Cheras, Kuala Lumpur
Lorong Ibu Kota Kanan 2
No. 10, Lorong Ibu Kota Kanan 2, Taman Ibu Kota Gombak, 53100 Kuala Lumpur
Jalan Kangsar
No. 22, Jalan Kangsar, Taman Rainbow, 51100 Kuala Lumpur
Jalan Saga SD 8/2A
No. 2, Jalan Saga SD 8/2A, Bandar Sri Damansara, 52200 Petaling Jaya, Selangor
Jalan Halamanda
No. 90, Jalan Halamanda, Taman Halamanda, 53100 Gombak, Selangor
Jalan 6/42A
No. 1, Jalan 6/42A, Taman Sejahtera, 51200 Kuala Lumpur
Jalan Hujan Abu 5
No. 6, Jalan Hujan Abu 5, Taman Overseas Union, 58200 Kuala Lumpur
Jalan Sri Hartamas 2
No. 173B, Jalan Sri Hartamas 2, Taman Sri Hartamas, 50480 Kuala Lumpur
Jalan Pria 1
No. 18, Jalan Pria 1, Taman Maluri, 55100 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.