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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Residensi Pano
No. A-19-3A, Residensi Pano, No. 556, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Kiara I
No. 35-09, Kiara I, Jalan Kiara, Mon't Kiara, 50480 Kuala Lumpur
Seri Raja Chulan Condominium
No. 12-4-2, Seri Raja Chulan Condominium, No. 12 Changkat Raja Chulan, 50200, Kuala Lumpur
Residensi Pasir Emas
No. B2-08-3A, Residensi Pasir Emas (D'Sands Residence), No. 6, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kuala Lumpur
Kondominium Royalle
No. 13-05, Kondominium Royalle, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur
Damansara Villa
No. 89-7-2, Damansara Villa, Jalan Bukit Ledang, Off Jalan Duta, 50480 Kuala Lumpur
Lorong Udang Ketak 1
No. 5-4, Lorong Udang Ketak 1, Taman Sri Segambut, Segambut 52000, Kuala Lumpur
Solaris Dutamas
No. B1-12-3A, Solaris Dutamas, Jalan Dutamas 1, 50480 Kuala Lumpur
Wisma Infinitum
No. B-29-07, Block B, Wisma Infinitum, No. 18, Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur.
Residensi Xtreme Meridian
No. D-20-03A, Blok D, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 Kuala Lumpur
Jalan Perdana 7/3
No. 21, Jalan Perdana 7/3, Taman Pandan Perdana, 55300, Kuala Lumpur
Sucasa Corporate Apartment
No. 3-03, Sucasa Corporate Apartment, No. 2, Jalan Ampang, 50450 Kuala Lumpur
Jalan Damai Jasa 13
No. 3, Jalan Damai Jasa 13, Alam Damai, Cheras, Kuala Lumpur
Residensi Bennington
No. B-13-09, Residensi Bennington, No. 1, Jalan Arena 1,, Setapak, 53200 Kuala Lumpur
Residensi Vyne
No. C-8-8 (on-site No. C.08.08, Block C), Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Tower 1
No. A-18-3A, Tower 1 (Block A),188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Residensi Agile Delima
No. C-10-3A, Residensi Agile Delima, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Residensi Waltz
No. N-8-05, Residensi Waltz, Jalan Awan Besar, Taman Overseas Union, 58200 Kuala Lumpur.
Residensi Pano
No. A-18-3A, Residensi Pano, No. 556, Batu 3 ½, Jalan Ipoh, 51200, Kuala Lumpur
Tower A
No. A-35-03, Tower A, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, 56000 Kuala Lumpur
Era Segambut
No. A-11-09, Era Segambut, No. 208, Jalan Segambut, 51200, Kuala Lumpur
The Elements
No. B-08-01, The Elements, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Kompleks Kenanga Wholesale City
No. LG-69, Kompleks Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur
Kenanga Wholesale City
No. 3-19, Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 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.