2069 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 Kamar Putra
No. 27-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
The Scott Garden Soho
No. B-06-36, Block B, The Scott Garden Soho, No. 289, Jalan Klang Lama, Kompleks Rimbun Scott Garden, 58000, Kuala Lumpur
Residensi Piksel Permaisuri II
No. 13A-09, Residensi Piksel Permaisuri II (Nikka City Central), No. 2A, Jalan Sri Permaisuri 6, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Jalan Manjalara Idaman 3
No. A-13A-2, Menara Perniagaan Manjalara Dua, Jalan Manjalara Idaman 3, Bandar Sri Manjalara, 52200 Kuala Lumpur
Residensi Riverville
No. A-26-08, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000, Kuala Lumpur
Residensi M Oscar Petaling
No. N-10-3A, Residensi M Oscar Petaling, No. 2, Jalan Kesateria, Sri Petaling, 57100 Kuala Lumpur
Residensi M Vertika
No. E-13-12, Residensi M Vertika, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi Parkhill
No. D-31-13A, Residensi Parkhill, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Awana Puri Condominium
No. A-7-5, 7th Floor, Block A, Awana Puri Condominium, Jalan 15/119, Taman Mutiara Barat, 56000, Kuala Lumpur
Madu Mas Apartment
No. 06-06, 6th Floor, Madu Mas Apartment, Jalan Air Madu Off Jalan Air Panas, Setapak, 53200, Kuala Lumpur
D'Alamanda
No. A-10-03, D'Alamanda, Block A, Jalan Pudu Impian, Pudu Impian IV, 56100 Kuala Lumpur
Medan Putra Condominium
No. B-2-7, Block B, Medan Putra Condominium, Jalan Medan Putra 2 ( Jalan 2/62d), Bandar Sri Menjalara, 52200, Kuala Lumpur
Endah Ria Kondominium
No. C-5-12 Block C, Endah Ria Kondominium, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Sri Pelangi Condominium
No. 128-11-12, Block 128, Sri Pelangi Condominium, Jalan Genting Klang, Setapak, 53300 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-7-3A, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/52, Taman OUG Parklane, 58200 Kuala Lumpur.
Danau Murni Kondo
No. A-17-2, Blok Anggerik, Danau Murni Kondo, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Megan Setapak
No. 48-3-1, Megan Setapak, Jalan Megan Setapak 1, 53300 Kuala Lumpur
Astrum Ampang
No. S-30-07, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Wangsa Maju Seksyen 2
No. 202, Blok F4, Wangsa Maju Seksyen 2, 53300, Kuala Lumpur
Astrum Ampang
No. S-39-05, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur.
Kuchai Entrepreneurs Park
No. 1-4-12, Rumah Pangsa Kos Rendah, Jalan 7/116B, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Ivory Apartment
No. E-506, Block E, Ivory Apartment, Taman Indah Perdana, 52100 Kepong, Kuala Lumpur
Jalan 6/38A
No. 1, Jalan 6/38A, Laman Scenaria Kiara, 51200, Kuala Lumpur
19th Floor
No. A-19-02, 19th Floor, Brunsfield Embassyview, 273, Jalan Ampang, 50450 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 2069 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.