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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Greenpark Condominium
No. A16-01, 16th Floor, Block A, Greenpark Condominium, Jalan Awan Pintal, Taman Yarl, 58200 Kuala Lumpur
Taman Melawati
No. 12, Jalan F3, Taman Melawati, 53100 Kuala Lumpur
Berjaya Times Square
No. 7-69, Level 7, Berjaya Times Square, No. 1, Jalan Imbi, 55100 Kuala Lumpur
Residensi Riverville
No. B-05-03, Block B, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000 Kuala Lumpur
Pangsapuri Vista Amani
No. B-18-3, Pangsapuri Vista Amani, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Kuarza 16 Apartment
No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur
Imbi Plaza
No. 5.18, Imbi Plaza, Jalan Imbi, 55100 Kuala Lumpur
Catalina Villa
No. 312A-1-2, Jalan Ampang, Catalina Villa, 50450 Kuala Lumpur
Taman Angkasa
No. 27, Jalan 2/153A, Taman Angkasa, 58200 Kuala Lumpur
Residensi Legenda
No. B-21-08, Block B, Residensi Legenda (Legend Heights @ Sri Segambut), No. 61, Jalan Udang Siar, Taman Sri Segambut, 52200 Kuala Lumpur
Residensi Tebing Selatan
No. B-33A-11, Residensi Tebing Selatan, No. 179, Jalan Klang Lama, 58000 Kuala Lumpur
Jalan Lang Perut Putih 6
No. 5, Jalan Lang Perut Putih 6, Kepong Baru, 52100 Kuala Lumpur
Apartment Servis J. Dupion
No. B-37-02, Block B, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, 56000 Kuala Lumpur
Residensi SkyMeridien
No. A-23-11, Residensi SkyMeridien, No. 1, Jalan 1/48A, Sentul Timur, 51000 Kuala Lumpur
Sri Impian Condominium
No. 9-7, Sri Impian Condominium, No. 38, Jalan Ang Seng, Brickfields, 50470 Kuala Lumpur
Residensi Kamar Putra
No. 23-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Crescent Court
No. 10C, Crescent Court, Lengkok Tun Sambanthan, Brickfields, 50470 Kuala Lumpur
Residensi Vyne
No. D-6-3, Tingkat 6, Block D, Residensi Vyne, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Pearl Suria @ Menara Pearl Point 2
No. S-12-13A, Pearl Suria @ Menara Pearl Point 2, Jalan Sepadu, Off Jalan Klang Lama, 58200 Kuala Lumpur
Idaman Robertson
No. S-43A-09, Idaman Robertson, No. 2, Jalan Robertson, 50150 Kuala Lumpur
Residensi Kamar Putra
No. 27-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Tower 1
No. 1-15-13, Tower 1, Suite Sentral, No. 248, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Jalan Jalil Perkasa 7
No. B-20-08, Blok B, Covillea Bukit Jalil, Jalan Jalil Perkasa 7, Bukit Jalil, 57000 Kuala Lumpur
Sungei Wang Plaza
No. KF-6, Sungei Wang Plaza, Jalan Bukit Bintang, 55100 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.