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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Damansara Foresta
No. A-29-01, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Inspirasi Mont’ Kiara
No. B-33A-9, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur
Residensi Vivo
No. A-16-08, Residensi Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur.
Residensi Manjalara Timur
No. 25-10, Residensi Manjalara Timur (also known as East Parc), Jalan 7A/62A, Bandar Manjalara, 52200 Kuala Lumpur
Damansara Foresta
No. C-35-02, Block C, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Tower A
No. A-11-5, Tower A, Mutiara Upper East Ampang Condominium, No. 39, Jalan 1/76E, Desa Pandan, 55100 Kuala Lumpur
Residensi Stellar 8 Sri Petaling
No. A-33-05, Residensi Stellar 8 Sri Petaling, No. 1, Jalan Naga Emas, Sri Petaling, 57000 Kuala Lumpur
Jalan Belangkas
No. 8, Jalan Belangkas, Kampung Pandan, 55100 Kuala Lumpur
Royal Tower
No. 19-1-4, Royal Tower, Mont' Kiara Palma, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Vogue Tower C
No. C-17-6, Vogue Tower C, Mont' Kiara Verve Suites, No. 8, Jalan Kiara 5, Mont Kiara, 50450 Kuala Lumpur
Menara 2
No. M2-25-3, Menara 2, Seri Melawati (also known as Serini Melawati), Jalan Melawati 1, Taman Melawati, 53100 Kuala Lumpur
Kiara Park Condominium
No. A6-1, Block A, Kiara Park Condominium, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Residensi Ikon
No. 1-23-02, Residensi Ikon, Persiaran Dutamas, 50480 Kuala Lumpur
Residensi Vivo
No. A-36-06, Residensi Vivo, 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Apartment Service J. Dupion
No. B-12-03, Apartment Service J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, Cheras, 56000 Kuala Lumpur
Vogue Tower C
No. C-3-6, Vogue Tower C, Mont' Kiara Verve Suites, No. 8, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
Residensi Sentral Kuchai
No B-21-02, Block B, Residensi Sentral Kuchai, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Residensi Inspirasi Mont’ Kiara
No. A-19-3A, Block A, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur.
Megan Legasi @ Millerz Square
No. B-28-09, Megan Legasi @ Millerz Square, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi AVA
No. B-08-06, Residensi AVA, Kiara Bay, No. 1, Jalan Benteng Utara, Kepong, 52000 Kuala Lumpur.
Damansara Foresta
No. A-19-01, Block A, Damansara Foresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Jalan Tasik Selatan 15
No. 55, Jalan Tasik Selatan 15, Bandar Tasik Selatan, 57100 Kuala Lumpur
Residensi Setiawangsa
No. 01-30-06, Block 1, Residensi Setiawangsa (Kaleidoscope), Jalan 1/56, Taman Setiawangsa, 54200 Kuala Lumpur
Residensi Gen
No. 1-03A, Residensi Gen, No. 89, Jalan Kuchai 3, Taman Lian Hoe, 58200 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.