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 Perdana 7/3
No. 21, Jalan Perdana 7/3, Taman Pandan Perdana, 55300, Kuala Lumpur
Jalan Jaya
No. 6, Jalan Jaya, Taman Midah, 56100, Kuala Lumpur
Jalan Damai Jasa 13
No. 3, Jalan Damai Jasa 13, Alam Damai, Cheras, Kuala Lumpur
Jalan F3
No. 12, Jalan F3, Taman Melawati, 53100 Kuala Lumpur
Jalan 2/153A
No. 27, Jalan 2/153A, Taman Angkasa, 58200 Kuala Lumpur
Jalan Dato Haji 1
No. 96, Jalan Dato Haji 1, Taman Tan Yew Lai, Kuala Lumpur
Jalan Lang Perut Putih 6
No. 5, Jalan Lang Perut Putih 6, Kepong Baru, 52100 Kuala Lumpur
Jalan Padang Rengas
No. 31, Jalan Padang Rengas, Taman Kok Lian, 51200 Kuala Lumpur
Jalan 21/62B
No. 31, Jalan 21/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Lorong Selangat
No. 21, Lorong Selangat, Taman Pertama, 56100 Kuala Lumpur
Jalan Harmonis 2
No. 5, Jalan Harmonis 2, Taman Harmonis, 53100 Gombak, Selangor
Jalan Pandan Indah 4/20
No. 7, Jalan Pandan Indah 4/20, Pandan Indah, 55100 Kuala Lumpur
Jalan Jiran 6
No. 1243, Jalan Jiran 6, Taman Gembira, 58200 Kuala Lumpur
Jalan Arasakesari 3
No. 17, Jalan Arasakesari 3, Taman Taynton, 56000, Kuala Lumpur
Jalan Teratai 2/1
No. 57, Jalan Teratai 2/1, Taman Bukit Teratai, 56100 Kuala Lumpur
Lorong Pikrama 4
No. 6, Lorong Pikrama 4, Sri Petaling, 57000 Kuala Lumpur
Jalan 47/26
No. 44, Jalan 47/26, Taman Sri Rampai, 53300 Kuala Lumpur
Jalan E 4/10
No. 1176, Jalan E 4/10, Taman Ehsan Kepong, 52100 Kuala Lumpur
Jalan Pandan Indah 1/8
No. 32, Jalan Pandan Indah 1/8, Pandan Indah, 55100 Kuala Lumpur
Jalan Damai Impian 5
No. 17, Jalan Damai Impian 5, Taman Damai Impian, 56000 Kuala Lumpur
Jalan Api-Api 1
No. 47, Jalan Api-Api 1, Kepong Baru, 52100 Kuala Lumpur
Jalan 9C/6
No. 18, Jalan 9C/6, Taman Setapak Indah, 53300 Kuala Lumpur
Jalan Udang Batu
No. 1-18, Jalan Udang Batu, Taman Sri Segambut, 52000, Kuala Lumpur
Jalan TC 1/5
No. 100, Jalan TC 1/5, Taman Cemerlang, 53100 Selangor
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.