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 Vyne
No. A-05-01, Residensi Vyne, Jalan 1/108D, Taman Sungai Besi, 57100 Kuala Lumpur
Residensi Era
No. C-37-03, Block C, Residensi Era, No. 208, Jalan Segambut, 51200 Kuala Lumpur
Anggun Residences
No. 18-07, Anggun Residences, No. 8, Jalan Medan Tuanku Utama, 50300 Kuala Lumpur
Residensi Tria Seputeh
No. A-09-03A, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur.
Kompleks Danau Kota
No. B-09-12, Kompleks Danau Kota, Taman Zeta @ Zetapark, 67, Jalan Taman lbu Kota, Setapak, 53300 Kuala Lumpur
Menara Verve Suite
No. B-05-02, Block B, Menara Verve Suite, Jalan Klang Lama, 58000 Kuala Lumpur
Alam Puri Condominium
No. 6-3A, Alam Puri Condominium, Jalan Kampung Batu, Batu 5, Off Jalan Ipoh, 51200, Kuala Lumpur
Royal Domain Sri Putramas II
No. A1-3A-05, Block A1, Royal Domain Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200, Kuala Lumpur
Tower 2
No. 2-13-08, Tower 2, M City, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. B-18-1, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Westminster Park
No. D-11-1, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Menara Polo
No. H6-0-5, Menara Polo, Jalan 2/76E, Desa Pandan, 55100 Kuala Lumpur
Residence 8 Condominium
No. B-12-03A, Block B, Residence 8 Condominium, No. 8, Jalan Sri Jati 3, 58200 Kuala Lumpur
Residensi Bandar Razak
No. D1-45-11, 45th Floor, Block D1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Tower E
No. E-41-13, Tower E (Sakura), Mizumi Residences (Residensi Mizumi Kepong), No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Minest
No. B-26-17, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur.
Residensi Tun Razak
No. A-29-12, Residensi Tun Razak, No.83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Platinum OUG Residence
No. B-23-11, Platinum OUG Residence, No. 2, Jalan Jalil Muhibah, Kampung Muhibah, Bukit OUG, 58200 Kuala Lumpur
Residensi Herz
No. B-13-10, Residensi Herz, No. 2, Jalan 3/33A, Kepong Baru, 51200 Kuala Lumpur
Razakcity Residences
No. D4-37-07, Razakcity Residences, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Royalle Condominium
No. 10-05, Royalle Condominium, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur.
Parkview Service Apartment
No. 33-2, 33th Floor, Parkview Service Apartment, No. 5, Changkat Perak, Off Lorong Perak, 50250 Kuala Lumpur
Condo Bukit Cheras
No. A2-3-8, Blok A2, Condo Bukit Cheras, Jalan Bukit Cheras 18, Taman Bukit Cheras, 56000 Kuala Lumpur
Kondominium Villa Scott
No. 33-27-9, Kondominium Villa Scott, Jalan Scott, Brickfields, 50470 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.