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 Herz
No. B-17-06, Residensi Herz, No. 2, Jalan 3/33A, Kepong Baru, 51200 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. A-23-05, Residensi Vivo 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Taman Desa Setapak
No. 54, Jalan 10/27B, Taman Desa Setapak, 53300 Kuala Lumpur
Residensi Unggul Kepong
No. B-13-17, Residensi Unggul Kepong, No. 5, Jalan Vista Mutiara 1, Kepong Baru, 52000 Kuala Lumpur
Tower C
No. C-06-02, Tower C, No. 289, The Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
Sri Putramas II Condominium
No. B1-27-07, Block B1, Royal Domain, Sri Putramas II Condominium, No. 1, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Amaya Maluri
No. 19-10, Amaya Maluri, Jalan Jejaka 2, 55100 Kuala Lumpur
Residensi Trofi 1
No. A-49-06, Residensi Trofi 1, No. 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
Residensi Xtreme Meridian
No. C-27-02, Block C, Residensi Xtreme Meridian (Astoria Ampang), Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
38 Bidara Serviced Apartment
No. 06-09/C1, 38 Bidara Serviced Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Changkat View Kondominium
No. A-23A-08, Blok A, Changkat View Kondominium, Jalan Dutamas Raya, Off Jalan Segambut, 52100, Kuala Lumpur
Tower A2
No. A2-08-03, Tower A2, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300, Kuala Lumpur, Kuala Lumpur
Suria Sungai Besi
No. C-13A-06, Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur.
Lorong Jaya 13
No. 12, Lorong Jaya 13, Bandar Tun Abd Razak, 56000 Kuala Lumpur
Sri Suajaya Condominium
No. 202-7-1, Sri Suajaya Condominium, Jalan Kampung Bandar Dalam, 51100 Sentul, Kuala Lumpur
Parklane OUG Service Apartment
No. A2-13A-12, Parklane OUG Service Apartment, Block A2, Jalan 1/152, Taman OUG Parklane, Off Old Klang Road, 58200 Kuala Lumpur
Saville
No. B-13-9, Saville, Jalan Kolam Air, 53100 Kuala Lumpur
Plaza 393
No. C-7-11, (Developer Parcel No. C-07-05), Plaza 393 (Block C), Jalan Shelley, 55100 Kuala Lumpur
Menara Sri Damansara
No. B-10-5,10th Floor, Blok B, Menara Sri Damansara, Jalan Magosa SD 10/1E, 52200, Bandar Sri Damansara,Petaling Jaya, Selangor
Kuchai Avenue
No. 1-20-05, Block 1, Kuchai Avenue, Jalan Kuchai Maju 13, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Sri Putramas II
No. A1-20-2, Sri Putramas II, Jalan Putramas, Jalan Kuching, 51200 Kuala Lumpur
Regalia Service Apartment
No. C-31-09, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Dynasty Garden Condominium
No. B-2-6, Block B, Dynasty Garden Condominium, Jalan Kuchai Maju 12, Kuchai Entreprenuers Park, 58200 Kuala Lumpur
Residensi Kenwingston Petaling
No. A-10-02, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 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.