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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Verticas Residensi
No. B-10-02, Verticas Residensi, No. 10, Jalan Ceylon, Bukit Ceylon, 50200 Kuala Lumpur.
Taman Shamelin Perkasa
No. 27, Jalan 5/91, Taman Shamelin Perkasa, 56100 Cheras, Kuala Lumpur
Jalan Margosa Sd 10/6a
No. 1, Jalan Margosa Sd 10/6a, 52200, Bandar Sri Damansara, Kuala Lumpur
Hartamas Regency 2
No. B-12-3, Block B, Hartamas Regency 2, No. 2, Jalan Duta Hartamas, Sri Hartamas, 50480, Kuala Lumpur
Jalan Seroja
No. 3, Jalan Seroja, Taman P. Ramlee, 53000 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 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
Menara Safuan
(1 Lot), Level 22, Menara Safuan, No. 80, Jalan Ampang, 50450, Kuala Lumpur
Parklane OUG Serviced Apartment
No. E2-0-17 & E2-1-17, Premises No. 17, Block E2, Parklane OUG Serviced Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Westside 3 Condominium
No. 38-07, Westside 3 Condominium, Jalan Residen Utama, Desa Parkcity, 52200 Kuala Lumpur
Jalan Ayer Molek 1
No. 9, Jalan Ayer Molek 1, Off Jalan Titiwangsa, Setapak, Kuala Lumpur
Desa Kudalari
No. 802, Desa Kudalari, Lorong Kuda, 50450 Kuala Lumpur
Kiaraville
No. A-3-6, Kiaraville, Changkat Duta Kiara, 50480 Mont' Kiara, Kuala Lumpur
Taman Cemerlang
Lot 226, Jalan TC 2B/1, Taman Cemerlang, 53100 Selangor
Intan Kenny Condominum
No. 31-2-2, Intan Kenny Condominum, Persiaran Bukit Tunku, Bukit Tunku, 50480, Kuala Lumpur
Jalan Damai Jasa 8
No. 19, Jalan Damai Jasa 8, Alam Damai, 56000 Kuala Lumpur
Dorsett Residensi Bukit Bintang
No. 19-09, Dorsett Residensi Bukit Bintang, No. 172A, Jalan Imbi, Pudu, 55100 Kuala Lumpur
Megan Avenue II
No. B-15-9, Block B, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Taman Melawati
No. 33, Jalan K7, Taman Melawati, 53100 Kuala Lumpur
Binjai Residency
No. B-16-2, Binjai Residency, No. 1, Lorong Binjai, 50450 Kuala Lumpur
Lorong Beluntas 2
No. 28, Lorong Beluntas 2, Medan Damansara, 50490 Kuala Lumpur
Jalan Damai Kasih 12
No. 7, Jalan Damai Kasih 12, Alam Damai, 56000 Cheras, 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.