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 Emerald Damai 2
No. C-20-03A, Residensi Emerald Damai 2, Jalan Cheras 10, Taman Desa Cheras, Cheras 56000 Kuala Lumpur
The Scott Garden SOHO
No. C-20-09, Tingkat 20, Blok C, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Seasons Garden Residensi
No. C-35-2, Seasons Garden Residensi, Lot 7, No. 7, Jalan 1/27e, Seksyen 10, Wangsa Maju, 53300, Kuala Lumpur
Laman Seri Harmoni
No. C-28-06, Laman Seri Harmoni (Lsh33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Pr1ma
No. B3-41-02, Block B3, Residensi Pr1ma, Persiaran Bistari, 56000, Alam Damai, Kuala Lumpur
The Scott Garden Soho
No. B-12-07, The Scott Garden Soho, Block B, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
The Scott Garden Soho
No. C-13A-21, The Scott Garden Soho, Jalan Klang Lama, Kompleks Rimbun Scott 289, 58000, Kuala Lumpur
Sri Pelangi Condominium
No. 128-16-11, Block 128, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300, Kuala Lumpur
Tower A
No. A-12-13, Level 14, Tower A, Scott Garden Soho, Kompleks Rimbun Scott, No.289, Jalan Klang Lama, 58000, Kuala Lumpur
Mid Valley City
No. A-17-6, Aras 17, Northpoint Residences, Medan Syed Putra Utama, Mid Valley City, 59200 Kuala Lumpur
Plaza Mont' Kiara
No. E-07-14, Block E, Plaza Mont' Kiara, No. 2, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Casa Kiara
No. B-19-3, Casa Kiara (BLK-B), Jalan Kiara 3, 50480 Mont Kiara, Kuala Lumpur
Residensi Riverville
No. A-23A-05, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Tebing Selatan
No. B-29-3A, Tingkat 29, Blok B, Residensi Tebing Selatan, No. 179, Jalan Klang Lama, 58000 Kuala Lumpur
Jalan Perumahan Gurney
No. 1-2, No. 8, Jalan Perumahan Gurney, 54100 Kuala Lumpur
Kompleks Kenanga Wholesale City
No. 1-55, Kompleks Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur
Jalan Lincah
No. 7, Jalan Lincah, Taman Seri Cendekia, 56000, Kuala Lumpur
Tower A
No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Hartamas Regency 2
No A-3A-2, Hartamas Regency 2, No 2 Jalan Duta Hartamas, Sri Hartamas, 50480 Kuala Lumpur
Residensi Era Novum
No. C-35-7, Residensi Era Novum, No 12A, Jalan Kerinchi Kiri 2, 59200 Kuala Lumpur
Jalan Putramas Off Jalan Kuching
No. B2-27-07, Block B2, Royal Domain Sri Putramas II, No. 1, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Bennington
No. A-16-08, Residensi Bennington, No. 1, Jalan Arena 1, 53200 Setapak, Kuala Lumpur
Westminster Park
No. D-23-10, Westminster Park, Sri Putramas Condo, Jalan Putramas 1, Off Jalan Kuching, 51200, 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.