2033 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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Z Residence
No. C-03-08, Block C, Z Residence, No. 5, Jalan Jalil Perwira 2, 58200 Bukit Jalil, Kuala Lumpur
Aster Green Residence
No. 13-10, Aster Green Residence (Hijauan Aster Sri Petaling), No. 111, Jalan 2/149, Taman Salak Selatan, 57000, Kuala Lumpur
8th Floor
No. A-8-2, 8th Floor, Block A, Citizen @ Old Klang Road (Residensi Nusantara Petaling), No. 1, Jalan Nusantara Petaling, 58000 Kuala Lumpur
Jalan Harmonis 2
No. 5, Jalan Harmonis 2, Taman Harmonis, 53100 Gombak, Selangor
Residensi Berpadu
No. A-38-06, Residensi Berpadu, Jalan Lang Emas, 51200 Kuala Lumpur
Residences 2
No. C-32-09, Residences 2, KL Geteway, No. 2, Jalan Kerinchi, Gerbang Kerinchi Lestari, 59200 Kuala Lumpur
Benteng 8
No. 22-06, Benteng 8, No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Altris
No. A-21-06, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Residensi Henge
No. E-21-01, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Residensi Dedaun Mas
No. A-15-10, Residensi Dedaun Mas (D'Ivo Residences), Jalan Klang Lama, 58000 Kuala Lumpur
Tower A
No. A-27-01, Tower A, Residensi Skysierra, No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Residensi Tiara Titiwangsa
No. A1-11-01, Residensi Tiara Titiwangsa (D’Brightton), No. 28, Jalan Tiara Titiwangsa, 53200 Kuala Lumpur.
Residensi Vivo
No. C-40-02, Residensi Vivo, 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Skysanctuary 1
No. A-19-03, Residensi Skysanctuary 1, No. 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Residensi Kamar Putra
No 31-02, Level 31, Residensi Kamar Putra (Residensi Chambers), No 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Riverville
No. A-22-11, Tingkat 22, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Vue Residences
No. 08-06, Vue Residences, No. 102, Jalan Pahang, 53300 Kuala Lumpur
Residensi Capers Sentul
No. A-22-1, Block A, Residensi Capers Sentul, Jalan Sentul Sejahtera, 51000 Kuala Lumpur.
Residensi Trion 1
No. A-57-3A, 57th Floor, Block A, Trion @ KL, Residensi Trion 1, 55200 Sungai Besi, Kuala Lumpur
Regalia Service Apartment Blok C
No. C-22-7A, Regalia Service Apartment Blok C, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Ativo Suites
No. A-40-1, Ativo Suites, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200 Bandar Sri Damansara, Kuala Lumpur
Royalle Condominium
No. 17-05, Royalle Condominium, No. 2B, Jalan 3/61, Off Jalan Segambut, 51200 Kuala Lumpur
Tower A
No. A-32-18, Tower A, Cubic Botanical (Residensi Rimba Pantai Dalam), No.6, Jalan Pantai Sentral 3, Pantai Dalam, 59200 Kuala Lumpur
Residensi Xtreme Meridian
No. B-20-01, Blok B, Residensi Xtreme Meridian, Jalan Bemban, 55000 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 2033 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.