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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Residensi Armani Raja Uda
No. 12-2, Residensi Armani Raja Uda, No 3, Lorong Raja Uda 1, 50300 Kuala Lumpur
Razakcity Residences
No. D4-37-07, Razakcity Residences, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Royal Domain Sri Putramas II
No. A1-3A-05, Block A1, Royal Domain Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200, Kuala Lumpur
Residensi Herz
No. B-13-10, Residensi Herz, No. 2, Jalan 3/33A, Kepong Baru, 51200 Kuala Lumpur
Residensi Casa Danau
No. A-32-06, Residensi Casa Danau, Residensi Danau, Jalan 5/23E, Taman Danau Kota, Setapak, 53300 Kuala Lumpur
Apartment Servis J Dupion
No. A-32-07, 32nd Floor, Block A, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Menara Verve Suites
No. B-15-03A, Menara Verve Suites, BIok B, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Tower A
No. A-12-12, Tower A, Residensi Sentral Kuchai, Jalan Kuchai Maju 9, Taman Kuchai Maju 58200 Kuala Lumpur
The Annex @ Medan Connaught
No. 23A-3A, The Annex @ Medan Connaught, Jalan 3/144A, Cheras, 56000 Kuala Lumpur
Menara Teguh Bangsar
No. 10-17, Menara Teguh Bangsar (Establishment Bangsar), Jalan Ang Seng, 50470 Kuala Lumpur
Residensi Bandar Razak
No. D3-40-11, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Harmoni
No. B-39-09, Residensi Harmoni, No. 1, Jalan Awan Makmur, Taman OUG, 58200 Kuala Lumpur
M-City
No. 3-31-09, M-City, Jalan Ampang, 50450 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. C-L17-05, Residensi Hijauan Bukit Jalil, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Tower 2
No. 2-13-08, Tower 2, M City, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Residensi Dorsett Sri Hartamas
No. D-11-26, Residensi Dorsett Sri Hartamas, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
Ativo Suites
No. B-36-1, Blok B, Ativo Suites, No 1, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200 Kuala Lumpur
Residensi PV9
No. B-21-3A, Residensi PV9, Jalan Melati Utama, Taman Melati, 53300 Setapak, Kuala Lumpur
Tower Eden
No. E-13-07, Tower Eden, The Henge Kepong (Residensi Henge), No. 9, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. B-18-1, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Kondominium Bukit Cheras
No. A2-13A-2, 14th Floor, Block A2, Kondominium Bukit Cheras, No. 2, Jalan Bukit Cheras 18, Taman Bukit Cheras, 56000 Kuala Lumpur
Westminster Park
No. D-11-1, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Platinum OUG Residence
No. B-23-11, Platinum OUG Residence, No. 2, Jalan Jalil Muhibah, Kampung Muhibah, Bukit OUG, 58200 Kuala Lumpur
Pusat Komersial Jalan Kuching
No. H-3-7, Block H, Pusat Komersial Jalan Kuching, No. 115, Jalan Kepayang, 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 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.