2069 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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Pangsapuri Mawar
No. B-19-8, Pangsapuri Mawar, No. 1, Jalan 7/48A, Sentul Perdana, Bandar Baru Sentul, 51000, Kuala Lumpur
Tower A
No. A-23A-03, Tower A, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Danau Idaman Condominium
No. A -19-8, 19th Floor, Block A, Danau Idaman Condominium, Jalan 2/109F, Taman Danau Desa, 58100 Kuala Lumpur
Mawar Sari
No. E-4-1, Block E, Mawar Sari, Jalan 17/56, Ampang, Ulu Klang, 54200 Kuala Lumpur
Apartment Vista Angkasa
No. 4-14-8, Block 4, Apartment Vista Angkasa, Jalan Kerinchi, 59200, Kuala Lumpur
Residensi MH Platinum 2
No. A-13A-05, Residensi MH Platinum 2, Jalan Usahawan 6, Setapak Jaya, 53200 Kuala Lumpur
Wangsa 118
No. L12A-19, Wangsa 118, Jalan Wangsa Delima, 53300 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 13-15, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Pangsapuri Delima
No. J4-2-5, Pangsapuri Delima, Blok J4, Desa Pandan, Jalan Kampung Pandan, 55100 Kuala Lumpur
Ayuman Suites
No. A-17-25, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Nadayu 62
No. B-06-08, Nadayu 62, Jalan Melawati 8A, Taman Nadayu, 53100 Kuala Lumpur.
Pangsapuri Damai Vista
No. A-20-9, Block A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur
Desa Pandan
No. F2-0-3, Block F2, Jalan 4/76D, Desa Pandan, 55100 Kuala Lumpur
Apartment Seri Ceria 1
No. G-11-12, Block G, Apartment Seri Ceria 1, Ppr Pinggiran Bukit Jalil, Jalan Bukit Jalil Indah, 57000 Kuala Lumpur
Sentul Murni Apartment
No. 209-3-10, Sentul Murni Apartment, Block 209, Jalan Dato Senu 26, Taman Sentul Utama, 51100 Kuala Lumpur
Kasturi Apartment
No. 5-6-18, Kasturi Apartment, Jalan Tasik Permaisuri 3, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Pangsapuri Sri Langkawi 2
No. 33-03-17, Pangsapuri Sri Langkawi 2, Blok 33, Off Jalan Gombak, 53000, Kuala Lumpur
Pandan Jaya
No. 43-3A, Jalan Pandan 3/10, Pandan Jaya, Kuala Lumpur
Pudu Impian 1
No. 109-7-11, Pudu Impian 1, No. 109, Jalan Pudu Ulu, Cheras, 56100 Kuala Lumpur
Desa Seri Puteri
No. F-5-2, Block F, Desa Seri Puteri, Jalan 2/125G, Desa Petaling, 57100 Kuala Lumpur
Taman U Thant
No. 9, Lingkungan U Thant, Taman U Thant, 55000 Kuala Lumpur
Jalan Seroja
No. 3, Jalan Seroja, Taman P. Ramlee, 53000 Kuala Lumpur
Jalan Desiran Bayu
No. 48, Jalan Desiran Bayu, Taman Desiran Bayu, 53000 Kuala Lumpur
Everett Tower
No. 15B-29-4, Everett Tower (15B), Mont' Kiara Pines, Jalan Kiara, 50480 Mont Kiara, 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 2069 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.