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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The Pano
No. A-16-03A, The Pano, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Trofi 1
No. B-57-02, Residensi Trofi 1, No. 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
Medan Connaught
No. 13A-3A, Medan Connaught (The Annex), Jalan 3/144A, 56000 Cheras, Selangor
Residensi Bandar Razak
No. D4-30-06, Residensi Bandar Razak (Razak City Residences), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
PV 20 Platinum Lake Condominium
No. A-06-05, Block A, PV 20 Platinum Lake Condominium, No. 5, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 Kuala Lumpur
Edgewood Residensi Skysanctuary 1
No. B-20-06, 20 Floor, Block B, Edgewood Residensi Skysanctuary 1, No. 2, Jalan Santuari 1, 53200 Kuala Lumpur
Pixel City Sentral
No. 18-13, Pixel City Sentral (Residensi Piksel Permaisuri), No. 10, Jalan Sri Permaisuri 10, Bandar Sri Permaisuri, Kuala Lumpur
Sri Emas Condominium
No. 77-13A-2, Sri Emas Condominium, Jalan Hang Isap, 50150 Kuala Lumpur
The Loft Service Apartment
No. B-12-09, The Loft Service Apartment, Kompleks Danau Kota, Taman Zeta @ Zetapark, Jalan Taman Ibu Kota, 53300 Kuala Lumpur
Residensi M Luna
No. A-42-12, 42nd Floor, Block A, Residensi M Luna, No. 888, Jalan Lingkaran Tengah (MRR2), Kepong, 52100 Kuala Lumpur
Residensi Vyne
No. A-05-01, Residensi Vyne, Jalan 1/108D, Taman Sungai Besi, 57100 Kuala Lumpur
Residensi Pasir Emas
No. B1-21-3A, Residensi Pasir Emas (On Site D'Sands Residence), No. 6, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kuala Lumpur
Residensi Riverville
No. A-11-3A, Block A, Residensi Riverville, No. 6, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Hamilton
No. B-11-07, Residensi Hamilton, No.1, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
Residensi Tria Seputeh
No. A-09-03A, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur.
Residensi PV 9
No. B-25-18, Residensi PV 9, No. 19, Jalan Melati Utama, Taman Melati, Setapak, 53300 Kuala Lumpur
Gurney Heights Condominium
No. B-21-2, Block B, Gurney Heights Condominium, Jalan Bukit Keramat, 54000 Kuala Lumpur
188 Suites
No. A-10-05, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Residensi SkyVogue
No. A-33-07, Residensi SkyVogue, No. 8, Jalan 1/109F, Taman Desa, 58100 Kuala Lumpur
Westminster Park
No. D-11-1, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Bandar Razak
No. Block A1-13A-7, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur.
Vista Magna
No. 10-11-2, Block F, Vista Magna, Jalan Prima 1, Metro Prima, 52100 Kuala Lumpur
Residensi Armani Raja Uda
No. 12-2, Residensi Armani Raja Uda, No 3, Lorong Raja Uda 1, 50300 Kuala Lumpur
Residensi Bandar Razak
No. D1-45-11, 45th Floor, Block D1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 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.