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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Taman Angkasa
No. 32, Jalan 6/153A, Jalan Puchong, Taman Angkasa, 58200 Kuala Lumpur
Residensi Pano
No. B-09-07, Residensi Pano, 556, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Jalan Damai Budi 6
No. 42A, Jalan Damai Budi 6, Alam Damai, 56000, Cheras, Wilayah Persekutuan Kuala Lumpur
Solaris Dutamas
No. D5-2-5, Block D5, Solaris Dutamas, No. 1, Jalan Dutamas 1, Off Jalan Duta, 50480 Kuala Lumpur
188 Suites (on-site is Tower Two
No. B-20-01, 188 Suites (on-site is Tower Two, Sfera Residence), Jalan Chendana, 50250 Kuala Lumpur.
Idaman Robertson 2
No. S-13-11, Idaman Robertson 2, Jalan Robertson, 50150 Kuala Lumpur
Jalan Damai Rasa 2
No. 20, Jalan Damai Rasa 2, Alam Damai, 56000 Kuala Lumpur
Belangkas Dua
No. 10, Belangkas Dua, Kg Pandan, 55100 Kuala Lumpur
Residensi Bayan Desa Petaling
No. D-17-10, Block D, Residensi Bayan Desa Petaling, No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Taman Melawati
No. 73, Jalan F4, Taman Melawati, 53100, Kuala Lumpur
Arte Mont Kiara
No. MK3-33A-08, Block MK3, Arte Mont Kiara, No. 15, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur
Residensi Fera
No. A-08-02, Residensi Fera, No. 1, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Ceriaan Kiara
No. A-12-02, Block A, Ceriaan Kiara, Jalan Kiara 3, Mont' Kiara, 50480 Kuala Lumpur
Jalan Permata 20
No. 2427, Jalan Permata 20, Taman Permata, 53300, Kuala Lumpur
Kondominium Irama Wangsa
No. C-13A-6, Kondominium Irama Wangsa, No. 5, Jalan 3/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
M-City
No. 2-17-01, M-City, Jalan Ampang, 50450 Kuala Lumpur
Residensi Chambers
No. 26-03, Residensi Chambers (Also Known As Residensi Kamar Putra), Jalan Ipoh Kecil, 50350 Kuala Lumpur
Taman Seri Keramat Tengah
No. 12, Lorong AU 4/17C, Taman Seri Keramat Tengah, 54200 Kuala Lumpur
Kompleks Rimbun Scott Garden
No. B-23A-02, Blok B, Kompleks Rimbun Scott Garden, No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Verve Suites KL South
No. A-11-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Jalan Bukit Pandan Bistari 6
No. 27, Jalan Bukit Pandan Bistari 6, Bukit Pandan Bistari, 56100 Kuala Lumpur
Residensi Rimba Pantai Dalam
No. B-09-16, Residensi Rimba Pantai Dalam, No. 6, Jalan Pantai Sentral 3, Pantai Dalam, 59200 Kuala Lumpur
Pinnacle Sri Petaling
No. B-26-05, Block B, Pinnacle Sri Petaling, No. 1, Jalan Radin Anum 1, Sri Petaling, 57000 Kuala Lumpur
Lorong Malinja 1
No. 19, Lorong Malinja 1, Taman Bunga Raya, 53000 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.