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 + @ Jalan Ampang
No. T1-05-09, Arte + @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Sri Petaling
No. 88, Jalan 11/149D, Sri Petaling, 57000 Kuala Lumpur.
Puncak Sentul
No. B-33A-8, Block B, Puncak Sentul (Sentul Point), No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Endah Promenade
No. C-18-03A, Endah Promenade, No. 5, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
GCB Court
No. 332B-13J, GCB Court, Jalan Ampang, 50450 kuala Lumpur
Pangsapuri Suite Danau Kota
No. B-15-02, Block B, Pangsapuri Suite Danau Kota, No. 1, Jalan 6A/6, Off Jalan Taman Ibu Kota, Danau Kota, 53300 Kuala Lumpur
Residensi Kenwingston Petaling
No. B-35-03, Block B, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 57000 Kuala Lumpur
Plaza Dwitasik
No. A3-11, Plaza Dwitasik, Jalan Sri Permaisuri, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Jalan Klang Lama
No. 1-55, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur
Jalan Persiaran Minang 6
No. 9, Jalan Persiaran Minang 6, Taman Minang (Fasa 2), 56000 Cheras, Selangor
Residensi Skyvogue
No. A-16-02, SkyVogue Residences, No. 23, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Boulevard Business Park
No. E-3-1, Block E, Boulevard Business Park (Pusat Komersial Jalan Kuching), No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Parklane OUG Service Apartment
No. D2-15-5, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Sri Putramas II
No. B1-15-3A, Blok B1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
RC Residences
No. D3-45-03, Block D3, RC Residences, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Nest
No. B-32-06, Residensi Nest, Jalan A, Off Jalan Puchong, 58200 Kuala Lumpur
Plaza 138
No. 8.08, Level 8, Plaza 138, No. 138, Jalan Ampang, 50450 Kuala Lumpur
Jalan 12/27A
No. 17, Jalan 12/27A, Seksyen 5, 53300 Kuala Lumpur
RC Residences
No. A4-47-11, Block A4, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Berjaya Times Square
No. 03-85, Berjaya Times Square, No. 1, Jalan Imbi, 55100 , Kuala Lumpur
Suasana Bukit Ceylon
No. 18-05, Suasana Bukit Ceylon, No. 2, Persiaran Raja Chulan, 50200 Kuala Lumpur
Sri Emas Condominium
No. 77-6-1, Sri Emas Condominium, No. 77, Jalan Hang Isap, Off Jalan Galloway, 50150 Kuala Lumpur
Scott Garden Soho
No. A-22-21, 22nd Floor, Block A, Scott Garden Soho, Jalan Klang Lama, Kompleks Rimbun Scott 289, 58000, Kuala Lumpur
Endah Promenade
No. C-22-1, Block C, Endah Promenade, Jalan 3/149E, Taman Sri Endah, 57000 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.