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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Lorong Enggang 13
No. 4, Lorong Enggang 13, Dato Keramat Tambahan, 54200, Kuala Lumpur
Royalle Condominium
No. 09-06, Royalle Condominium, No. 28, Jalan 3/61 Segambut, 51200 Kuala Lumpur
Jalan 52/1
No. 23, Jalan 52/1, Desa Jaya, Kepong, 52100, Kuala Lumpur
Jalan Jalil Perkasa 7
No. B-20-08, Blok B, Covillea Bukit Jalil, Jalan Jalil Perkasa 7, Bukit Jalil, 57000 Kuala Lumpur
Residensi Kamar Putra
No. 28-11, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Jalan Udang Kertas
No. 2-102, Jalan Udang Kertas, Taman Sri Segambut, 52000, Kuala Lumpur
Plaza KLTS
No. C-13-08, Plaza KLTS, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Riverville
No. A-05-3A, 5th Floor, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Parklane OUG Service Apartment Block C1
No. C1-7-10, Parklane OUG Service Apartment Block C1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
The Scott Garden Soho
No. B-16-25, 16th Floor, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Kelang Lama, 58000, Kuala Lumpur
Robson Condominium
No. 10-09-3A, Robson Condominium, Blok A, Persiaran Syed Putra 2, 50460 Kuala Lumpur
Parklane OUG Service Apartment
No. C2-19-3, Block C2, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Desa Aman Puri
No. B-15-8, Block Baris @ Amanja, Jalan Desa 2/2, Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Parklane OUG Service Apartment
No. A2-26-9, 26th Floor, Blok A2, Parklane OUG Service Apartment, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Lorong Pandan Tambahan 2
No. 9, Lorong Pandan Tambahan 2, 55100, Kuala Lumpur
Residensi Awani 3
No. C-39-07, Block C, Residensi Awani 3 (sky Awani III Residence), No. 2, Jalan Santuari 2, 53200, Setapak, Kuala Lumpur
Jalan Dato Senu 3
No. 27-09, Residensi Awani V (Sky Awani V Residence), Jalan Dato Senu 3, Setapak, 51000 Kuala Lumpur
Perdana Putri Apartment
No. I-7-2, Perdana Putri Apartment, Jalan Putri, Desa Aman Puri, 52100, Kuala Lumpur, Kuala Lumpur
Residensi Max Kolam Air
No. A-10-07, Residensi Max Kolam Air, No. 61, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Parklane OUG Service Apartment
No. E3-16-7, Block E3, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Puncak Banyan
No. A-1-3, Blok A, Puncak Banyan, Jalan 3/118B, Taman Seri Cendekia, 56000 Kuala Lumpur
Rampai Court APT Blok F
No. 107-1, Rampai Court APT Blok F, Jalan 35/26, Taman Sri Rampai, 53300, Kuala Lumpur
Endah Regal Condominium
No. A-6-5, Endah Regal Condominium, Blok A, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Jade Tower
No. 14-E, Jade Tower, O.G. Heights Condominium, Jalan Awan Cina, 58200 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.