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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Menara Menjalara
No. F-13A-7 (On Site Is F-14-7), Block F, Menara Menjalara, Jalan 1/62b, Bandar Sri Menjalara, 52200 Kuala Lumpur
Residensi Ascenda
No. A-22-6, Residensi Ascenda, No. 3, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Kondominium Sang Suria
No. A-20-1, Blok A, Kondominium Sang Suria, Sentul Raya, Bt 3, Jalan Ipoh, (Persiaran Parkview, Off Jalan Sultan Azlan Shah), 51100 Kuala Lumpur
Sentosa Court – Block C
No. C-2-08, 2nd Floor, Sentosa Court – Block C, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58200 Kuala Lumpur
Endah Regal Condo
No. B-5-8, Endah Regal Condo, Blok B, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Kenanga Point Condominium
No. A-24-8, Block A, Kenanga Point Condominium, Jalan Gelugor, Off Jalan San Peng, 55200, Kuala Lumpur
Pangsapuri Sri Jati Ii
No. B-3-6, Blok B, Pangsapuri Sri Jati Ii, Jalan Seri Jati, Taman Sri Jati, 58200, Kuala Lumpur
Menara Sri Damansara
No. B12-6, Block B, Menara Sri Damansara, Jalan Margosa SD 10/1E, 52200, Bandar Sri Damansara, Petaling Jaya, Selangor
Angkasa Condominium
No. B-23A-12, Blok B, Angkasa Condominium, No. 5, Jalan Puncak Gading, Taman Connaught, 56000 Cheras, Kuala Lumpur
Pangsapuri Mawar
No. B-21-9, Pangsapuri Mawar, Jalan 7/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Boulevard Serviced Apartment
No. J-23A-3A, Block J, Boulevard Serviced Apartment, Pusat Komersial Jalan Kuching, No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Pearl Point Condominium
No. A-25-03, Block A, Pearl Point Condominium, Jalan Sepadu 3, Batu 5, Off Jalan Klang Lama, 58200 Kuala Lumpur
Anggunpuri Condominium
No. 19-2, 19th Floor, Anggunpuri Condominium, No. 32, Jalan Dutamas Raya, Off Persiaran Dutamas, 51200, Kuala Lumpur
Parklane OUG
No. C1-31-7, Block C1, Parklane OUG, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Putra Court
No. 10B-18-4, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Wangsa Maju
No. 6-1, Jalan 2A/27A, Wangsa Maju, Seksyen 1, 53300 Kuala Lumpur
Casa Idaman Condominium
No. A-10-13A, Casa Idaman Condominium, No. 5, Jalan 1/1D, Kampung Batu Muda, 51100 Kuala Lumpur
Residensi M Centura
No. B-03-08, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Sri Putramas II
No. B1-25-06, Sri Putramas II, Jalan Putramas, 51200 Kuala Lumpur
Cengal Condominium
No. A-0-11, Block A, Cengal Condominium, Jalan Sri Permaisuri 3, 56000 Bandar Sri Permaisuri, Kuala Lumpur
Platinum Lake Condominium
No. 23-13A, PV16, Platinum Lake Condominium, No. 2, Jalan Danau Saujana, Off Jalan Genting Klang, 53300 Setapak, Kuala Lumpur
Putra Court
No. 10B-12A-2, Putra Court, Jalan Ipoh Kecil, 50350, Kuala Lumpur
Pangsapuri Kinrara Mas
No. A-18-15, Block A, Pangsapuri Kinrara Mas, Jalan Mas 1, Kinrara Mas, Bukit Jalil, 58200 Kuala Lumpur
Ixora Apartment
No. 7-9-4, Ixora Apartment, Jalan Tun Razak, 50400, 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.