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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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
Residensi Xtreme Meridian
No. D-06-02, Blok D, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 Kuala Lumpur
The Scott Garden
No. B-18-17, 18th Floor, Block B, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Bandar Sri Menjalara
No. 14, Jalan 29/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Apartment Servis J. Dupion
No. B-10-02, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, 56000 Kuala Lumpur
Union Height Kondominium
No. 5-12-1, Union Height Kondominium, Blok B, Jalan Awan Dandan, Taman Yarl, 58200 Kuala Lumpur
Casa Ria Apartment
No. 261-17-6, Casa Ria Apartment, Jalan Jejaka, Taman Maluri, 55100, Kuala Lumpur
Residensi 216 Kuchai Jaya
No. 26-10, Residensi 216 Kuchai Jaya, Jalan Kuchai Jaya 10, Taman Kuchai Jaya, 582000 Kuala Lumpur
JomBid - Arte Plus @ Jalan Ampang
JomBid - Arte Plus @ Jalan Ampang, Jalan Bemban, Off Jalan Ampang, 55000 , Kuala Lumpur
Ampang Tiga
No. A-38-17, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Oakwood Park
No. B-10-4, Block B, Oakwood Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Lorong Ceylon
No. 25-09, No. 1, One @ Bukit Ceylon, Lorong Ceylon, 50200 Kuala Lumpur
Residensi Pano
No. A-08-02, Residensi Pano, No. 556, Batu 3 ½ , Jalan Ipoh, 51200 Kuala Lumpur
20th Floor
No. A-20-1, 20th Floor, Block A, Petalz Residences @ Old Klang Road, Off Jalan Klang Lama, 58000 Kuala Lumpur
Anjung Villa Condominium
No. C-0-3, Anjung Villa Condominium, Jalan 1/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Tower 3
No. 3-19-02, Tower 3, M City, Jalan Ampang, 50450 Kuala Lumpur
Cormar Suites
No. B-26-10, Cormar Suites (formerly known as Fraser Place), Lot No. 163, No. 10, Jalan Perak, 50250 Kuala Lumpur
Residensi Legasi
No. 13A-06, Residensi Legasi, No. 26, Jalan 1/42, Off Jalan Kuching, 51200 Kuala Lumpur
Suite Vivo
No. S-15-11, Suite Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Pusat Komersial Starparc Point
No. E-02-05, Pusat Komersial Starparc Point, Jalan Taman Ibu Kota, 53300 Kuala Lumpur
Residensi Mh Platinum
No. 08-10, Residensi Mh Platinum, No. 2, Jalan Gombak Sejahtera, Off Jalan Gombak, Setapak, 53000, Kuala Lumpur
The Scott Garden Soho
No. B-16-25, 16th Floor, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Kelang Lama, 58000, Kuala Lumpur
Villa Scott Condominium
No. 33-13A-11, 13A Floor, Villa Scott Condominium, Jalan Scott, Brickfields, 50470 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.