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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Boulevard Business Park
No. E-2-1, Block E, Boulevard Business Park (Pusat Komersial Jalan Kuching), No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi PV 21
No. B-25-02, Residensi PV 21, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Suite Servis Suria
No. 6-25, Suite Servis Suria, Jalan Sri Bintang, Segambut, 51200 Kuala Lumpur
28 Boulevard
No. C-41-06, Block C, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Residensi Kuchai Damai
No. B-16-3, Residensi Kuchai Damai, No. 1, Jalan 9/116B, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
Residensi Bandar Razak
No. A1-16-05, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Skysanctuary 1
No. A-25-06, Residensi Skysanctuary 1, No 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Laman Seri Harmoni
No. C-31-01, Laman Seri Harmoni (LSH33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Pr1ma Jalan Jubilee
No. 21-8, Residensi Pr1ma Jalan Jubilee, No. 7 Jalan Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur
RC Residences
No. D2-11-05, Block D2, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-8-3A, 8th Floor, Block D, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
The Scott Garden
No. 3-19, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Royal Domain Sri Putramas II
No. B2-25-02, Block B2, Royal Domain Sri Putramas II, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Residensi 28
No. 32-5, Residensi 28, No. 33, Jalan Kasipillay, Off Jalan Ipoh, 51200 Kuala Lumpur
38 Bidara Service Apartment
No. 17-13/A3, 38 Bidara Service Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Jalan Manjalara Idaman 3
No. A-13A-2, Menara Perniagaan Manjalara Dua, Jalan Manjalara Idaman 3, Bandar Sri Manjalara, 52200 Kuala Lumpur
Desa Villa Condominium
No. 24-5-2, Block Begonia, Desa Villa Condominium, Jalan Bukit Desa 3, Taman Bukit Desa, 58100 Kuala Lumpur
Villa Wangsamas Kondominium
No. E-16-8, Blok E, Villa Wangsamas Kondominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
PV18 Residences
No. B-41-15, Block B, PV18 Residences, No. 52, Jalan Langkawi, Setapak, 53100 Kuala Lumpur
Residensi Minest
No. B-16-11, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-35-15, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Villa Wangsamas Condo
No. J-18-7, Tingkat 18, Villa Wangsamas Condo, Blok J, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pano
No. A-08-09, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
288 Residensi
No. 18-06, 288 Residensi, No.6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 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.