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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Residensi Altris
No. B-33-03, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Pusat Komersial Southgate
No. B-02-07, Pusat Komersial Southgate, No. 2, Jalan Dua, Off Jalan Chan Sow Lin, 55200 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-16-01, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi Bandar Razak
No. D2-43-06, Residensi Bandar Razak (Razak City Residences) No. 1, Jalan Razak Mansion Sungai Besi, 57100 Kuala Lumpur
Residensi Altris
No. C-29-02, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Aman Tiga Apartment
No. AT1-3A-l, 3a, Block AT1, Jalan Aman, Aman Tiga Apartment, Desa Aman Puri, Kepong, 52100, Kuala Lumpur, Kuala Lumpur
Astrum Ampang
No. S-19-23, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur
Ac4
No. E-2-5 (9-2-5), Block E, Ac4, Jalan Taman Seri Sentosa, Taman Seri Sentosa, Off Jalan Klang Lama 58000 Kuala Lumpur
Astrum Ampang
No. S-35-23, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Pandan Lakeview Apartment
No. E-402, Pandan Lakeview Apartment, Jalan Perdana 5/1, Pandan Perdana, 55100, Cheras, Kuala Lumpur
Taman Jinjang Baru
No. 8-3-7, Block 8, Jalan 9/32, Taman Jinjang Baru, 52000 Kuala Lumpur.
Desa Aman Puri
No. 2-7E, Jalan Desa 1/3, Desa Aman Puri, 52100, Kuala Lumpur, Kuala Lumpur
The Katana Residences
No. 03-04, Jalan Madge, The Katana Residences, 55000, Kuala Lumpur
Residensi Vyne
No. B-7-3A, Residensi Vyne, Jalan 1/108D Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne
No. D-16-03, Tingkat 16, Block D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Bayu Tasik Condominium
No. A-1-10, Blok A, Bayu Tasik Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Taman Segar
No. B-3-6, Blok B, Jalan 1A, Taman Segar, 56100 Kuala Lumpur
Bandar Baru Wangsa Maju
No. 501, Block G18, Seksyen 2, Bandar Baru Wangsa Maju, 53300 Kuala Lumpur
Maju Junction Shopping Complex
22, 15, Maju Junction Shopping Complex, Jalan Sultan Ismail, 50250, Kuala Lumpur
Jalan Rosa 4
No. 20, Jalan Rosa 4, Idamansara, Damansara Heights, 50490, Kuala Lumpur
Jalan Simpoh
Lot 129, Jalan Simpoh, Country Heights Damansara, 60000 Kuala Lumpur
Jalan Damai Kasih 12
No. 7, Jalan Damai Kasih 12, Alam Damai, 56000 Cheras, Kuala Lumpur
Jalan 1/80B
No. 35, Bangsar Ria Townhouse, Jalan 1/80B, Taman Bandaraya, 59100 Kuala Lumpur
Kuarza 16 Apartment
No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 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.