948 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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Amberhill
No. 47, Jalan K7, Amberhill, Taman Melawati, 53100 Kuala Lumpur
Setapak
No. 237, Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur
Connaught Avenue
No. F-G-7, F-1-7 & F-2-7, Blok F, Connaught Avenue, Jalan 4/142, Alam Damai, 56000, Kuala Lumpur
Parklane Oug Service Apartment - Block A4
No. A4-0-41, A4-1-41 & A4-2-41, Parklane Oug Service Apartment - Block A4, No 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
6 Capsquare Condominium
No. S-20-2, 6 Capsquare Condominium, No. 6, Persiaran Capsquare, Capital Square, 50100 Kuala Lumpur
The Treez-Jalil Residen @ Bukit Jalil
No. 21-05, The Treez-Jalil Residen @ Bukit Jalil, No. 5, Jalan 13/155C, Bandar Bukit Jalil, 57000 Kuala Lumpur
Nos. 18
Nos. 18, 18-1 & 18-2, Jalan 3/93A, Warisan Cityview, Off Batu 2½ Jalan Cheras, 56100 Kuala Lumpur.
Pusat Perdagangan Kuchai
No. C-0-8 & C-1-8, Block C, Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, Off Jalan Kuchai Lama, 58200, Kuala Lumpur
Plaza Central
No. 3B-3-7, Level 3, Blok 3B, Plaza Central, Jalan Stesen Sentral 5, 50470 Kuala Lumpur
Jalan Sarikei
No. 47, 47A-C, Jalan Sarikei, Off Jalan Pahang, 53000 Kuala Lumpur
Anggun Residences
No. 35-05, Anggun Residences, No. 8, Jalan Medan Tuanku Utama, 50300 Kuala Lumpur
Residensi Duta Kiara
No. E-G-02, Residensi Duta Kiara, No. 7, Jalan Duta Hartamas, 50480 Kuala Lumpur
Jalan Desa Melawati
No. 95, Montana Melawati, Jalan Desa Melawati, Desa Melawati, 53100 Kuala Lumpur
The Pearl @ KLCC
No. A-36-03, The Pearl @ KLCC, Jalan Stonor, 50450 Kuala Lumpur
The Corinthian
No. 5-17-2, The Corinthian, Jalan Binjai, 50450, Kuala Lumpur
The Corinthian
No. 5-17-1, The Corinthian, Jalan Binjai, 50450, Kuala Lumpur
Nos. A-19-05 & A-20-05
Nos. A-19-05 & A-20-05, Block A, Seri Kuchai (Arte @ Kuchai Lama), No. 6, Jalan Kuchai Lama Maju 12, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
The Capsquare Residences
No. 35-01, The Capsquare Residences, No. 2, Persiaran Capsquare, 50100 Kuala Lumpur
The Scott Garden
No. 1-18, No. 289, The Scott Garden (Kompleks Rimbun Scott), Jalan Klang Lama, 58000 Kuala Lumpur
Lorong Setiapuspa 2
No. 29, Lorong Setiapuspa 2, Bukit Damansara, 50490 Kuala Lumpur
Taman Melawati
No. 508, Jalan B 12, Taman Melawati, 53100, Kuala Lumpur
The Pearl
No. 15-2, The Pearl, No. 2A, Jalan Stonor, 50450, Kuala Lumpur
Residensi Km1
No. B-13-03A, Block B, Residensi Km1 (East), Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur
Jalan Desiran Bayu
No. 18, Jalan Desiran Bayu, Taman Desiran Bayu, 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 948 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.