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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Endah Regal Condominium
No. C-16-2, Blok C, Endah Regal Condominium, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Residensi Pr1ma Alam Damai
No. B4-13-09, 13th Floor, Block B4, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Jalan Bemban Ampang
No. B-15-12, No. 5, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Pertiwi Indah Condominium
No. D-10-8, Block D, Pertiwi Indah Condominium, Jalan Pertiwi, Taman Maluri, 55100 Kuala Lumpur
Bayu Tasik 2 Condominium
No. B-5-12, Block B, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Pangsapuri Damai Vista
No. A-12-08, Blok A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur
Residensi Unggul Kepong
No. B-10-15, Residensi Unggul Kepong, No. 5, Jalan Vista Mutiara 1, Kepong Baru, 52000 Kuala Lumpur
Diamond Residences
No. A-9-1, Diamond Residences, No. 5, Jalan 4/50, Off Jalan Gombak, Kuala Lumpur
The Scott Garden
No. C-12-20, The Scott Garden, Soho Block C, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Putra Majestik
No. A-17-6, Block A, Putra Majestik, Jalan Kasipillay, 51200 Kuala Lumpur
Vista Harmoni
No. B-3A-23, Block B, Vista Harmoni, Jalan 18/144a, Taman Bukit Cheras, 56000 Kuala Lumpur
Menara UP
No. 13-02 & 13-03, Menara UP, Jalan Puchong, 58200 Kuala Lumpur
Medan Putra Condominium
No. A-1-8, Medan Putra Condominium, No. 5, Jalan Medan Putra 2 (2/62D), 52200 Bandar Menjalara, Kuala Lumpur
Faber Heights Condominium
No. 80-7-3, Blok B, Faber Heights Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Tower B
No. B-22-15, Tower B, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Wangsa Metroview Condo
No. A-9-5, Wangsa Metroview Condo, Block A, Jalan Metro Wangsa, Wangsa Maju Seksyen 2, 53300 Kuala Lumpur
Jalan Damai Perdana 15/1F
No. 22, Jalan Damai Perdana 15/1F, Bandar Damai Perdana, 56000 Cheras, Selangor
Residensi Xtreme Meridian
No. C-13A-03, Residensi Xtreme Meridian (also known as Astoria Ampang), Jalan Bemban, 55000 Kuala Lumpur
Residensi Xtreme Meridian
No. C-16-03, Blok C, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-6-16, 6th Floor, Block 17, Pangsapuri Bukit Awansari, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Union Heights Condominium
No. 7-8-3, Union Heights Condominium, Jalan Awan Dandan, Taman Yarl, 58200, Kuala Lumpur
Suria Kipark Damansara
No. A-11-01, Block A, Suria Kipark Damansara (Damansara Suria Apartment), Persiaran KIP 2, Taman KIP (Kipark Damansara), 52200 Kuala Lumpur
The Scott Garden Soho
No. B-22-32, Blok B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
Endah Regal Condominium
No. B-9-6, Block B, Endah Regal Condominium, Jalan 3/149e, Taman Seri Endah, 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.