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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Arte Cheras
No. C2-10-02, Arte Cheras, No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.
Gurney Heights Condominium
No. B-19-4, Block B, Gurney Heights Condominium, Jalan Bukit Keramat, 54000 Kuala Lumpur
The Vistana Condominium
No. 23-B3, The Vistana Condominium, No. 32, Jalan Taiping, 50400 Kuala Lumpur
Jalan Udang Kertas
No. 2-102, Jalan Udang Kertas, Taman Sri Segambut, 52000, Kuala Lumpur
Residensi Stellar 8 Sri Petaling
No. B-10-12, Residensi Stellar 8 Sri Petaling, No. 1, Jalan Naga Emas, Sri Petaling, 57000, Kuala Lumpur
Jalan Api-Api 1
No. 47, Jalan Api-Api 1, Kepong Baru, 52100 Kuala Lumpur
Apartment Servis J Dupion
No. B-32-01, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Residensi Riverville
No. B-17-10, Blok B, Residensi Riverville, Jalan Taman Sri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Riverville
No. A-21-08, Block A, Residensi Riverville, Jalan Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Parkhill
No. D-28-08, Residensi Parkhill, No. 12, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
6th Floor
No. E1B-06-6, Block B, 6th Floor, The Tamarind, Jalan Sentul Indah, 51100 Kuala Lumpur
The Scott Garden
No. 1-55, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur.
SkyVogue Residences
No. A-16-02, SkyVogue Residences, No. 23, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Tower 2
No. 2-11-5, Tower 2, Suite Sentral, No. 248, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Residensi Mizumi
No. E-33A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
Taman Setapak Indah
No. 18, Jalan 9C/6, Taman Setapak Indah, 53300 Kuala Lumpur
Residensi Bintang Bukit Jalil
No. 1-23-06, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi Bandar Razak
No. D4-31-3, Residensi Bandar Razak, (on-site is No. D4-31-03, RC Residences), Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Jalan Udang Batu
No. 1-18, Jalan Udang Batu, Taman Sri Segambut, 52000, Kuala Lumpur
South Tower
No. S-32-08, South Tower, Swiss Garden Residences, No. 2A, Jalan Galloway, 50150 Kuala Lumpur
Taman Cemerlang
No. 100, Jalan TC 1/5, Taman Cemerlang, 53100 Selangor
Residensi Piksel Permaisuri
No. 15-10, Residensi Piksel Permaisuri, No. 10, Jalan Sri Permaisuri 10, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Laman Scenaria Kiara
No. B-13-3A, Laman Scenaria Kiara, Jalan 6/38A, 51200 Kuala Lumpur
Menara 3
No. T2A-13A-08, Menara 3, No. 296, Jalan Ampang, 50450 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.