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 Bandar Razak
No. D4-42-3A, Block D4, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Pano
No. B-09-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Casa Vista Condominium
No. 17A-4-1, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Casa Vista Condominium
No. 17A-4-2, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Menara Verve Suites
No. A-11-08, Menara Verve Suites, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur.
Residensi Kamar Putra
No. 29-11, Residensi Kamar Putra (Chambers Residence), No.2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Verve Suites KL South
No. A-13A-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Riverville
No. B-22-10, Block B, Residensi Riverville, Jalan Taman Sri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Riverville
No. A-26-08, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000, Kuala Lumpur
Wisma Q Titiwangsa
No. 3-3, Wisma Q Titiwangsa, Jalan Pahang, Persiaran Titiwangsa 1, 53000 Kuala Lumpur
PV 2 (On-Site Is Block A
No. A-9-2, PV 2 (On-Site Is Block A, PV 2 Platinum Hill), Jalan Taman Melati 1, Taman Melati Utama, 53100 Kuala Lumpur
Tower E
No. E-15-3A, Tower E, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Villa Wangsamas Condominium
No. D-15-3A, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Mizumi
No. E-09-05, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Bandar Razak
No. D4-32-3A, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Jalan Bukit Permai 2/1
No. 39, Jalan Bukit Permai 2/1, Taman Bukit Permai 2, 56100 Cheras, Kuala Lumpur
Menara Seni Cheras
No. C2-05-03, Menara Seni Cheras (Arte Cheras), No. 689, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur.
KL Traders Square
No. E-33-09, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Intan Tower
No. N-02-03, Intan Tower, Maskiara Residences, No. 293, Jalan Datuk Sulaiman, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Residensi Tun Razak
No. A-23A-7 (On-Site Tower A), Residensi Tun Razak (On-Site Tr Residence), No 83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Residensi Vyne
No. D-16-03, Tingkat 16, Block D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Extreme Meridian
No. C-16-06, Block C, Residensi Extreme Meridian, Taman Residensi Extreme Meridian, 55000 Kuala Lumpur
Berjaya Times Square
No. 04-04, 4th Floor, Berjaya Times Square, Jalan Imbi, 55100 Kuala Lumpur
Taman Melawati
No. 232, Jalan J3, Taman Melawati, 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 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.