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 Wangsa 1/8
No. 60, Jalan Wangsa 1/8, Taman Wangsa Permai, 52200 Kuala Lumpur
Jalan Lemak 2
Premises No. 78, Jalan Lemak 2, Taman Segar, 56100 Kuala Lumpur
Jalan Makmur
No. 109, Jalan Makmur, Taman Mulia, 56000 Kuala Lumpur
Jalan 38
No. 1531, Jalan 38, Taman Kepong Tambahan, 52100 Kuala Lumpur
Jalan Selangat
No. 96, Jalan Selangat, Taman Cantik, 56100 Kuala Lumpur
Jalan Taman Melati 6
No. 11, Jalan Taman Melati 6, Taman Melati, 53100 Kuala Lumpur
Jalan 2
No. 2, Jalan 2, Taman Kepong, 52100 Kuala Lumpur
Jalan Belangkas
No. 8, Jalan Belangkas, Kampung Pandan, 55100 Kuala Lumpur
Jalan Tasik Selatan 15
No. 55, Jalan Tasik Selatan 15, Bandar Tasik Selatan, 57100 Kuala Lumpur
Jalan 26/39
No. 455, Jalan 26/39, Taman Petaling, Kepong Baru, 52100 Kuala Lumpur
Jalan Bukit Setiawangsa 2
No. 8, Jalan Bukit Setiawangsa 2, Taman Setiawangsa, 54200 Kuala Lumpur
Jalan Damai Bakti 3
No. 54, Jalan Damai Bakti 3, Alam Damai, Cheras, 56000 Kuala Lumpur
Jalan Perdana 2/10
No. 10, Jalan Perdana 2/10, Pandan Perdana, 55300 Kuala Lumpur
Jalan 6/153A
No. 32, Jalan 6/153A, Jalan Puchong, Taman Angkasa, 58200 Kuala Lumpur
Jalan Maju 1/10
No. 32, Jalan Maju 1/10, Taman Lembah Maju, 56100 Kuala Lumpur
Jalan Damai Budi 6
No. 42A, Jalan Damai Budi 6, Alam Damai, 56000, Cheras, Wilayah Persekutuan Kuala Lumpur
Jalan Damai Rasa 2
No. 20, Jalan Damai Rasa 2, Alam Damai, 56000 Kuala Lumpur
Kg Pandan
No. 10, Belangkas Dua, Kg Pandan, 55100 Kuala Lumpur
Jalan F4
No. 73, Jalan F4, Taman Melawati, 53100, Kuala Lumpur
Jalan Permata 20
No. 2427, Jalan Permata 20, Taman Permata, 53300, Kuala Lumpur
Lorong AU 4/17C
No. 12, Lorong AU 4/17C, Taman Seri Keramat Tengah, 54200 Kuala Lumpur
Jalan Bukit Pandan Bistari 6
No. 27, Jalan Bukit Pandan Bistari 6, Bukit Pandan Bistari, 56100 Kuala Lumpur
Lorong Malinja 1
No. 19, Lorong Malinja 1, Taman Bunga Raya, 53000 Kuala Lumpur
Lorong Udang Ketak 1
No. 5-4, Lorong Udang Ketak 1, Taman Sri Segambut, Segambut 52000, 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.