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 2
No. 2-18-03, Tower 2, Residensi Bintang Bukit Jalil, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Arte Mont Kiara
No. MK3-30-06, Arte Mont Kiara, No. 15, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur
Jalan Damai Impian 5
No. 17, Jalan Damai Impian 5, Taman Damai Impian, 56000 Kuala Lumpur
Saville Residence
No. 15-6, Saville Residence (On site is Idaman KL 128), Jalan Klang Lama, 58000 Kuala Lumpur
RC Residences
No. D3-27-02, Block D3, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, 57100 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-18-03A, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi Sentral Kuchai
No. A-22-11, Residensi Sentral Kuchai, No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Residensi Henna
No. C-22-02, Residensi Henna, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Tower A
No. A-08-09, Tower A, The Saffron Condominium, No. 1, Jalan Sentul Indah, 51100 Kuala Lumpur
Residensi Harmoni
No. A-39-03, Block A, Residensi Harmoni, No 1, Jalan Awan Makmur, Taman OUG, 51200 Kuala Lumpur
Residensi Riana Dutamas 1
No. B-08-07, Block B, Residensi Riana Dutamas 1 (Savio), No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Residensi Sentral Kuchai
No. B-38-03, Residensi Sentral Kuchai (Kuchai Sentral), No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Sri Putramas II Condominium
No. B2-22-06, 22nd Floor, Block B2, Sri Putramas II Condominium, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Regalia Service Apartment
No. B-18-01, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Benteng 8
No. 10-10, Benteng 8 (Skyville 8), No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Rafflesia
No. A-19-7, Block A, Rafflesia, Jalan 6/48A, Sentul Perdana, Bandar Baru Sentul, Kuala Lumpur
Tower B
No. B-38-08, Tower B, Residensi Trofi 1 (Also Known as Trion @ KL), No 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
South Tower
No. S-23-11, 23rd Floor, South Tower, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
188 Suites
No. A-10-06, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Quill Residences
No. 13A-13, Quill Residences, No. 1018, Jalan Sultan Ismail, 50250 Kuala Lumpur
Residensi Waltz
No. N-27-08, 27th Floor, Residensi Waltz, No. 1, Jalan Awan Besar, Taman Overseas Union, 58200 Kuala Lumpur
Boulevard Business Park
No. E-2-1, Block E, Boulevard Business Park (Pusat Komersial Jalan Kuching), No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Riverville
No. A-25-01, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Vyne
No. D-23A-05, Residensi Vyne, Jalan 1/108D, 57100 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.