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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Plaza KLTS
No. E-18-7, Plaza KLTS, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Tower B
No. B-52-03A, Tower B, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2, Kepong, 52100 Kuala Lumpur
Residensi Andes Ria
No. A-13A-03A, 13Ath Floor, Block A, Residensi Andes Ria, Jalan Mas 3, Bukit Jalil, 58200 Kuala Lumpur
22nd Floor
No. B-22-02, 22nd Floor, Block B, Astoria Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
PV 2 (On-Site Is Block A
No. A-9-2, PV 2 (On-Site Is Block A, PV 2 Platinum Hill), Jalan Taman Melati 1, Taman Melati Utama, 53100 Kuala Lumpur
Sri Putramas II Condominium
No. A2-13-01, Sri Putramas II Condominium, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Tower E
No. E-15-3A, Tower E, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Villa Wangsamas Condominium
No. D-15-3A, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Armani Bukit Lanjan
No. 32-1, Residensi Armani Bukit Lanjan, No. 57, Jalan Bukit Lanjan, Kampung Sungai Penchala, 60000 Kuala Lumpur
Laman Seri Harmoni
No. C-26-02, Laman Seri Harmoni (LSH33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Mizumi
No. E-09-05, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Bandar Razak
No. D4-32-3A, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Nadayu 62
No. A-13-2, Block A, Nadayu 62, Jalan Melawati 8A, Taman Nadayu, 53100 Hulu Kelang, Selangor
Intan Tower
No. N-02-03, Intan Tower, Maskiara Residences, No. 293, Jalan Datuk Sulaiman, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Residensi Pasir Emas
No. B2-25-05, Residensi Pasir Emas, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kaula Lumpur
Residensi Permai Impian
No. A-23A-03, Residensi Permai Impian, No. 2A, Jalan Jalil 2, Bukit Jalil, 57000 Kuala Lumpur
Berjaya Times Square
No. 04-04, 4th Floor, Berjaya Times Square, Jalan Imbi, 55100 Kuala Lumpur
Menara Duta 2
No. A-3A-4, Menara Duta 2, Jalan Dutamas Raya, Jaan 1/38B, 51200 Kuala Lumpur
Residensi Skysanctuary 1
No. A-27-13A, Block A, Residensi Skysanctuary 1, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Residensi Skysierra
No. C-07-01, 7th Floor, Block C, Residensi Skysierra (The Valley Residences), No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Jalan J3
No. 232, Jalan J3, Taman Melawati, 53100 Kuala Lumpur
Angkasa Impian 2
No. B-13-2, Angkasa Impian 2, Lorong Sahabat, 50200 Kuala Lumpur
Residensi Kenwingston Petaling
No. B-31-03, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 57000 Kuala Lumpur
Residensi PV 21
No. B-25-02, Residensi PV 21, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200 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.