2033 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 Dutamas
No. B-3A-5, Residensi Dutamas, No. 5, Jalan Dutamas Dahlia, 51200 Kuala Lumpur
Menara UP
No. 3-01, Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur.
Kondominium Dua Menjalara
No. 01-01, Kondominium Dua Menjalara, Jalan 2/62B, 52200, Bandar Sri Menjalara, Kuala Lumpur
Vila Kristal
No. A-25-02, Vila Kristal (Villa Crystal), No. 1, Jalan 6/38A, Taman Sri Sinar, Segambut, 51200 Kuala Lumpur
Damansara Seresta
No. B-29-7, Block B, Damansara Seresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Petaling Jaya, Selangor
Jalan Lemak 2
Premises No. 78, Jalan Lemak 2, Taman Segar, 56100 Kuala Lumpur
Residensi Riyang
No. R-20-08, Residensi Riyang, No. 28, Jalan Gembira, Taman Gembira, 58200 Kuala Lumpur
Pusat Komersial Southgate
No. B-01-05, Pusat Komersial Southgate, No 2, Jalan Dua, Off Jalan Chan Sow Lin, 55200 Kuala Lumpur
Pangsapuri Aria
No. A-11-02, Pangsapuri Aria, No. 213, Jalan Tun Razak, 50400 Kuala Lumpur
Jalan Harmonis
Lot 2815, Jalan Harmonis, Taman Harmonis, 53100 Gombak, Selangor
Richmond Kiara 3
No. 10-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Tower C
No. C1-3-1, St Mary Residences, Tower C, No. 1, Jalan Tengah, 50250 Kuala Lumpur
Residensi VIVO
No. A-30-03A, Residensi VIVO, 9 Seputeh, No. 29, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Lorong Pantai Prima
Lot 56095, Along Lorong Pantai Prima, 59200 Kuala Lumpur
Lorong Pantai Prima
Lot 56094, Along Lorong Pantai Prima, 59200 Kuala Lumpur
188 Suites
No. B-36-10, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Residensi Pantai Sentral 2
No. 39-1, Residensi Pantai Sentral 2, Jalan Pantai Murni 7, off Jalan Pantai Dalam, Pantai Sentral, 59200, Kuala Lumpur
Senada Kiara
No. A-13A-03A, Senada Kiara, Jalan Bukit Kiara 1, Bukit Kiara, 60000 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
Mutiara Residency Condominium
No. 16-2, Mutiara Residency Condominium, No. 69, Jalan Thamby Abdullah, Brickfields, 50470 Kuala Lumpur
Era Segambut
No. B-45-08, Era Segambut, No. 208, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Riana Green East
No. C-4-8, Riana Green East, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
Bougainvilla Apartment
No. 9B, Bougainvilla Apartment, No. 27, Jalan 1/77B, Off Jalan Changkat Thambi Dollah, 55100 Kuala Lumpur
The Scott Garden
No. 2-18, No. 289, The Scott Garden (Kompleks Rimbun Scott), Jalan Klang Lama, 58000 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 2033 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.