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 B
No. B-13A-10, Tower B, Residensi M Centura, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
D'Majestic Place
No. 17-08, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
Nadayu 62
No. B-13-6, Block B, Nadayu 62, Jalan Melawati 8A, Taman Nadayu, 53100 Hulu Kelang, Selangor
Menara Seni Cheras
No. C1-18-11, Menara Seni Cheras (Arte Cheras), Jalan Cheras, Taman Midah, 56000 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-41-10, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur.
PV18 Residences
No. B-41-15, Block B, PV18 Residences, No. 52, Jalan Langkawi, Setapak, 53100 Kuala Lumpur
Residensi Minest
No. B-16-11, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Mercu Kenwingston
No. C-23A-02, Mercu Kenwingston, No. 81, Jalan Gombak, 53000 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-35-15, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Villa Wangsamas Condo
No. J-18-7, Tingkat 18, Villa Wangsamas Condo, Blok J, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pano
No. A-08-09, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
288 Residensi
No. 18-06, 288 Residensi, No.6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi M Luna
No. B-10-07, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2, Kepong, 52100 Kuala Lumpur
Platinum Walk
No. 61-1, Platinum Walk, Jalan Langkawi, Danau Kota, 53300 Kuala Lumpur
Plaza 138
No. 13A-03, Level 13A, Plaza 138, No. 138, Jalan Ampang, 50450 Kuala Lumpur
Sri Putramas Condominium
No. A-12-2, Blok A (Green Park), Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Arte Mont Kiara
No. MK3-10-13, Arte Mont Kiara, No. 15, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur
Rica Residence
No. 23-3A, Rica Residence, Jalan Perhentian, Sentul, 51100 Kuala Lumpur
28 Bouleverd
No. B-43-01, 28 Bouleverd, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Jalan E4
No. 323, Jalan E4, Taman Melawati, 53100 Kuala Lumpur
Sri Putramas II
No. A1-12-06, Block A1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Kamar Putra
No. 13A-08, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Jalan Nilam
No. F-92, Jalan Nilam, Taman Perwira, 53100 Kuala Lumpur
Jalan AU 5D/9
No. 9, Jalan AU 5D/9, Lembah Keramat, 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.