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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Tower A
No. A-20-2, Tower A, Residensi Inspirasi Mont' Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur
Jalan Selangat
No. 96, Jalan Selangat, Taman Cantik, 56100 Kuala Lumpur
Sungai Wang Plaza
No. KF4, First Floor, Sungai Wang Plaza, Jalan Bukit Bintang, 55100 Kuala Lumpur
Residensi Quill
No. 13-10, Residensi Quill (On-Site Is Quill Residences), No.1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Lanai VIII
No. F-05-05, Lanai VIII, Seri Maya, Jalan Jelatek, 54200 Kuala Lumpur
Marc Service Residence
No. A-13-10, Marc Service Residence, No. 3, Jalan Pinang, 50450, Kuala Lumpur
Sri Bukit Tunku Condominium
No. B-3-2, Level 3, Sri Bukit Tunku Condominium, No. 3, Lorong Tun Ismail, 50480 Kuala Lumpur
Capital Square
No. 10-3, No. 2, Persiaran Capsquare, Capital Square, The Capsquare Residences, 50100, Kuala Lumpur
Residensi Harmoni 2
No. A-13A-12, Residensi Harmoni 2, No. 1, Jalan Prima Pelangi 7, 51200 Kuala Lumpur
M Oscar Residence
No. N-12-01, M Oscar Residence, No 2, Jalan Kesatria, Sri Petaling, 57100 Kuala Lumpur
Regalia Service Apartment
No. C-13-06, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur.
Residensi Bayan Desa Petaling
No. B-21-06, Residensi Bayan Desa Petaling (Also Khown As Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Vyne
No. D-9-1, Residensi Vyne, Jalan 1/108d, Sungai Besi, 57100, Kuala Lumpur
Desa Cahaya Condominium
No. D-04-02, Desa Cahaya Condominium, No. 202, Jalan Ampang, 50450 Kuala Lumpur
Richmond Kiara 3
No. 11-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Wisma Q Titiwangsa
No. 2-3, Wisma Q Titiwangsa, Persiaran Titiwangsa 1, Off Jalan Pahang, 53000 Kuala Lumpur
Tower A
No. A-19-06, Tower A, Residensi Continew, No. 315, Jalan Tun Razak, 50400 Kuala Lumpur
Casa Kiara II Condominium
No. 3A-3, Casa Kiara II Condominium, No. 14, Jalan Kiara 5, Mont' Kiara, 50480 Kuala Lumpur
Tower A
No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. C-18-06, Residensi Vivo 9 Seputeh, Jalan Telok Datok, Off Jalan Klang Lama, 58000 Kuala Lumpur
Hampshire Residences
No. B-18-5, Block B, Hampshire Residences, No. 2A, Persiaran Hampshire, 50450 Kuala Lumpur
Jalan 2
No. 2, Jalan 2, Taman Kepong, 52100 Kuala Lumpur
Jalan Taman Melati 6
No. 11, Jalan Taman Melati 6, Taman Melati, 53100 Kuala Lumpur
Dedaun Sungai Besi
No. A-26-06, Dedaun Sungai Besi, No. 2, Jalan Hang Tuah 2, Taman Salak Selatan, 57100 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.