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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Berjaya Times Square
No. A-39-16, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur
Residensi Mutiara Condominium
No. 7-5, Residensi Mutiara Condominium, No. 69 Jalan Thamby Abdullah, Brickfields, 50470, Kuala Lumpur
Jalan Gombak
Lot 1189, Off Jalan Gombak, Kampong Sungai Chinchin, 9th Mile, 53100, Ulu Gombak, Selangor
Solaris Dutamas
No. B1-7-7, Solaris Dutamas (Blok-B1), Jalan Dutamas 1, Off Jalan Duta, 50480 Kuala Lumpur
Bangsar Ria Townhouse
No. 35, Bangsar Ria Townhouse, Jalan 1/80B, Taman Bandaraya, 59100 Kuala Lumpur
Villa Puteri Condominium
No. 33D-32-4, Block D, Villa Puteri Condominium, Jalan Tun Ismail, 50480 Kuala Lumpur
Residensi Pavilion Bukit Ceylon
No. C-25-05, Residensi Pavilion Bukit Ceylon, No. 5, Changkat Raja Chulan, 50200 Kuala Lumpur
Jalan Saga SD 8/2A
No. 2, Jalan Saga SD 8/2A, Bandar Sri Damansara, 52200 Petaling Jaya, Selangor
Embassyview Condosuites
No. A-16-3a, Embassyview Condosuites No.273, Jalan Ampang, 50450, Kuala Lumpur
Suasana Sentral Condominium
No. A-23-06, Block A, Suasana Sentral Condominium,Jalan Stesen Sentral 5, 50470 Kuala Lumpur
Kondominium 328 Tun Razak
No. 18-09, 18th Floor, Kondominium 328 Tun Razak (Three28 Tun Razak), 328, Jalan Tun Razak, 50400 Kuala Lumpur
Jalan Kangsar
No. 22, Jalan Kangsar, Taman Rainbow, 51100 Kuala Lumpur
Setia Sky Residences
No. A-30-3A, Setia Sky Residences, No. 76, Jln Raja Muda Abdul Aziz, Off Jln Tun Razak, 50300 Kuala Lumpur
Wisma Infinitum
No. A-13A-09, Wisma Infinitum, Jalan Sultan Sulaiman, 50300 Kuala Lumpur
The Scott Garden
No. 2-42, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Tria Seputeh
No. A-29-09, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Renai Jalil @The Rainz
No. B-09-03, Residensi Renai Jalil @The Rainz, No. 3, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
1st Floor
No. C-01-02, 1st Floor, Brunsfield Embassyview, 273, Jalan Ampang, 50450 Kuala Lumpur.
Tower 2
No. B-20-11, Tower 2 (Block B), 188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Tower 2
No. B-18-11, Tower 2 (Block B), 188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Setia Sky Residences
No. B-17-5, Setia Sky Residences, No. 76, Jalan Raja Muda Abdul Aziz, Off Jalan Tun Razak, 50300 Kuala Lumpur
Menara Permata Damansara
No. 16-5, Menara Permata Damansara, Jalan Damansara, 60000 Kuala Lumpur
8 Petaling
No. 5-15, 8 Petaling, Jalan Radin 5, Bandar Baru Sri Petaling, 57000 Kuala Lumpur
Taman Sejahtera
No. 1, Jalan 6/42A, Taman Sejahtera, 51200 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.