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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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
Kenanga Wholesale City
No. 6-19, Kenanga Wholesale City, Jalan Gelugor, 55200 Kuala Lumpur
Damansara Foresta
No. D-20-01, Blok D, Damansara Foresta, Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Jalan Pandan Indah 4/20
No. 7, Jalan Pandan Indah 4/20, Pandan Indah, 55100 Kuala Lumpur
Jalan Jiran 6
No. 1243, Jalan Jiran 6, Taman Gembira, 58200 Kuala Lumpur
South Tower
No. S-16-09, South Tower, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpu
Suite Dex
No. A-1-5-6, Suite Dex (Menara A), Jalan 3/18A, Taman Mastiara, 51200 Kuala Lumpur
Residensi Bayan Desa Petaling
Unit No. A-12-3A, Residensi Bayan Desa Petaling, No. 22A, Jalan 2/125, Desa Petaling, Kuala Lumpur
Residensi Riverville
No. A-21-11, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
D'Majestic Place
No. 17-13A, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
Parklane OUG Services Apartment
No. D2-25-6, Block D2, Parklane OUG Services Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Tiara Titiwangsa
No. A1-13-07, Residensi Tiara Titiwangsa (D'Brightton), No. 28, Jalan Tiara Titiwangsa, 53200 Kuala Lumpur
Lorong Pikrama 4
No. 6, Lorong Pikrama 4, Sri Petaling, 57000 Kuala Lumpur
Residensi Minest
No. B-12-18, Block B, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Centrio Pantai Hillpark
No. A-3-7, Block A, Centrio Pantai Hillpark, Jalan Pantai Murni, Pantai Dalam, 59200 Kuala Lumpur
Centrio Pantai Hillpark
No. A-3-6, Block A, Centrio Pantai Hillpark, Jalan Pantai Murni, Pantai Dalam, 59200 Kuala Lumpur
Tower 1
No. 1-37-12, 37th Floor, Tower 1, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Seri Emas Condominium
No. 77-21-1, Seri Emas Condominium, No. 77, Jalan Hang Isap, 50150 Kuala Lumpur
Residensi Hampton Damansara
No. A-28-03, Block A, Residensi Hampton Damansara, No. 2, Persiaran Tecoma, Country Heights Damansara, 60000 Kuala Lumpur.
Tower A
No. A-26-01, Tower A, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Plaza KLTS
No. E-37-7, Plaza KLTS, No. 99, Jalan Gombak, Setapak, 53300 Kuala Lumpur
Residensi Skysierra
No. B-27-03A, Residensi Skysierra, Jalan Taman Setiawangsa, 54200 Kuala Lumpur
Residensi Unio
No. B-18-10, Block B, Residensi Unio, No. 200, Jalan Kepong, Kepong, 52000 Kuala Lumpur.
Residensi PV9
No. B-27-18, Block B, Residensi PV9, Jalan Melati Utama, Taman Melati, Setapak, 53300 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.