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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Royal Regent
No. B-09-03, Block B, Royal Regent, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 51200 Kuala Lumpur
12th Floor
No. C-12-10, 12th Floor, Block C, Putra Majestik, Jalan Kasipillay, 51200 Kuala Lumpur
Residensi Inspiria Setapak
No. 34-19, Residensi Inspiria Setapak, Jalan Gombak, 53000, Kuala Lumpur
Westbank Terrace
No. 20, Westbank Terrace, No. 2 Persiaran Persekutuan, Sri Bukit Persekutuan, 50480 Kuala Lumpur
Pavilion Hilltop Mont' Kiara
No. C-03-06, Pavilion Hilltop Mont' Kiara, No. 5, Changkat Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Jalan Perdana 6/16
No. 10, Jalan Perdana 6/16, Pandan Perdana, Kuala Lumpur
Tower A
No. A-21-2, Tower A, Menara UOA Bangsar, No. 5, Jalan Bangsar Utama 1, 59000 Kuala Lumpur
Residensi Gen
No. 3A-03, Residensi Gen, Jalan Kuchai 3, Taman Lian Hoe, 58200 Kuala Lumpur
Sky Suites @ KLCC
No. C-30-5, Sky Suites @ KLCC, Jalan P Ramlee, Kuala Lumpur
Tower B
No. B-13A-01, Tower B, Residensi Sentral Kuchai (Kuchai Sentral), No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58100 Kuala Lumpur
Millerz Square
No. A-41-08, Millerz Square, No 357, Jalan Kelang Lama, 58000 Kuala Lumpur
Twy Condominium
No. S-19-10, South Block, Twy Condominium, No. 21, Jalan Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Residensi PV18
No. B-13A-3A, Block B, Residensi PV18, No. 52, Jalan Langkawi, Setapak, Kuala Lumpur
Residensi Semarak Platinum
No. C-09-02, Residensi Semarak Platinum (Splendor), Kampung Padang Tembak, Jalan Lestari, 54000 Kuala Lumpur
Condo Bukit Cheras
No. A2-12-10, Block A2, Condo Bukit Cheras, Jalan Bukit Cheras 18, Taman Bukit Cheras, 56000 Kuala Lumpur
Residensi Damai Indah
No. 32-09, Residensi Damai Indah, No. 326, Jalan Sungai Besi, 57100, Kuala Lumpur
Residensi Henna
No. C-09-02, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi M Vertika
No. E-40-12, Residensi M Vertika, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi Pano
No. B-07-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. C-L17-05, Residensi Hijauan Bukit Jalil, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Tower B
No. B-38-08, Tower B, Residensi Trofi 1 (Also Known as Trion @ KL), No 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
Residensi Shamelin Star
No. R-23-09, Residensi Shamelin Star, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Residensi Shamelin Star
No. C-18-11, Residensi Shamelin Star, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Residensi Ascenda
No. A-27-03A, Residensi Ascenda, No. 3, Jalan Arena 1, 53200 Setapak, 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.