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 M Astra
No. B-22-09, Residensi M Astra, No.1, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Kl Traders Square
No. D-37-10, Block D, Kl Traders Square, No. 99, Jalan Gombak, Setapak, Kuala Lumpur
Residensi Vista Sentul
No. B-32-07, Block B, Residensi Vista Sentul, No. 28, Jalan Sinar Sentul 4, Sentul, 51100 Kuala Lumpur
Residensi M Astra
No. A-17-12, Block A, Residensi M Astra, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Residensi Bandar Razak
No. B1-19-07, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Lot 7
No. B-13-9, Residensi Lot 7, Jalan 1/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Parklane Oug Service Apartment
No. E1-16-13, Parklane Oug Service Apartment, No 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Desa Green Serviced Apartments
No. 2-22-9, Desa Green Serviced Apartments, (Kompleks Hijauan Desa), Jalan Desa Bakti, 58000 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 13A-09, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, 53300 Setapak, Kuala Lumpur
Parklane Oug Service Apartment-Blok B2
No. B2-30-2, Parklane Oug Service Apartment-Blok B2, No.1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Residensi Semarak Platinum
No. A-08-03, Residensi Semarak Platinum, (On-Site Known As Platinum Splendor, Residensi Semarak), No. 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Taman Miharja
No. 29C1-10-8, Blok 29C1, Jalan Palong, Taman Miharja, 55200 Kuala Lumpur
Residensi Awani 3
No. C-23A-10, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Residensi Awani IV
No. A2-13-05, Residensi Awani IV, No. 6, Jalan Santuari Utama, Setapak, 53100 Kuala Lumpur
Jalan Tuanku Abdul Rahman
No. 489, 489A-C, Jalan Tuanku Abdul Rahman, 50100, Kuala Lumpur
Jalan Batai Barat
No. 28, Jalan Batai Barat, Damansara Heights, 50490 Kuala Lumpur
Jalan Sungai Penchala
Lot 3019, Off Jalan Sungai Penchala, Sungai Penchala, 60000 Kuala Lumpur
Tower 2
No 2-32-6, Tower 2, Residensi Opus, No 8, Jalan Talalla, 50460 Kuala Lumpur
Jalan Jelatek
No. D-21-04, 21st Floor, Block Savanna, Seri Maya, Jalan Jelatek, 54200 Kuala Lumpur
Residensi Ampang Kiri
No. 42-2, Residensi Ampang Kiri, Jalan Ampang Kiri, 55000 Kuala Lumpur
Taman Keramat Permai
No. 15, Jalan AU 1B/2D, Taman Keramat Permai, 54200 Kuala Lumpur
Menjalara 18
No. B-3A-3, Menjalara 18 (Block B), Lebuh Menjalara (Jalan 1/62B), Bandar Menjalara, 52200 Kuala Lumpur
Taman Cemerlang
No. 45, Jalan TC 1/7, Taman Cemerlang, 53100 Kuala Lumpur
Lorong Bunga Melati 2c/3
PT 6467, Lorong Bunga Melati 2c/3, Taman Cheras Indah, 56100, 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.