948 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.
Browse by Region
Browse by Property Type
Kompleks Kenanga Wholesale City
No. 6-58, Kompleks Kenanga Wholesale City, No. 2, Jalan Gelugor, 55200 Kuala Lumpur
Segambut
No. A-13-01, Block A, Changkat View Condominium, 18, Jalan Dutamas Raya, Off Jalan Segambut, 51200, Segambut, Kuala Lumpur
38 Bidara Serviced Apartment
No. 06-07/B7, 38 Bidara Serviced Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Le Jardine Deluxe
No. DT-B-8, Block DT, Le Jardine Deluxe, Jalan Pandan Indah 4/12, Pandan Indah, 55100 Kuala Lumpur
Pusat Niaga Velodrom
No. 22, Pusat Niaga Velodrom, Jalan Dataran Velodrom, 56100, Kuala Lumpur
Kepong Industrial Park
No. 47, Jalan KIP 2, Kepong Industrial Park, 52200 Kuala Lumpur
Jalan Duta Hartamas
No. B-10-3A, Hartamas Regency 2, No. 2, Jalan Duta Hartamas, Sri Hartamas, 50480 Kuala Lumpur
Marc Service Residence
No. B-05-10, 5th Floor, Block B, Marc Service Residence, No. 3, Jalan Pinang, 50450 Kuala Lumpur
Kondominium Tinggian Titiwangsa
No. A-23a-6, Kondominium Tinggian Titiwangsa (the Reach), Jalan Tiara Titiwangsa, No. 1, 53200, Kuala Lumpur
Residensi Duta Park
No. A-53-03, Residensi Duta Park, No. 11, Jalan Kuching 51200 Kuala Lumpur
Richmond Kiara 3
No. 10-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Residensi Skyluxe
No. A-39-06, Residensi Skyluxe, No. 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000, Kuala Lumpur
Residensi Vivo
No. A-33A-03, Residensi Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Richmond Kiara 3
No. 11-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Kiara Park Condominium
No. A6-1, Block A, Kiara Park Condominium, Taman Tun Dr Ismail, 60000 Kuala Lumpur
The Scott Garden
No. 2-3A, The Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Kiara Designer Suites
No. B-28-3, 28Th Floor, Block B, Kiara Designer Suites, No. 18, Jalan Kiara 3, Mont Kiara, 50480 Kuala Lumpur
Jalan Dato Haji 1
No. 96, Jalan Dato Haji 1, Taman Tan Yew Lai, Kuala Lumpur
Residensi Parkhill
No. C-32-03a, Residensi Parkhill, Lebuhraya Bukit Jalil, Bukit Jalil, 57000, Kuala Lumpur
PV8 Platinum Hill Condominium
No. A-07-6, PV8 Platinum Hill Condominium, Block A, Jalan Melati Utama, Taman Melati Utama, 53100 Kuala Lumpur
Residensi Selingsing
No. 06-15, Residensi Selingsing, Jalan Selingsing, Taman City, 51200 Kuala Lumpur.
Lorong Ceylon
No. 23a-3a, One @ Bukit Ceylon, No. 1, Hotel Bukit Ceylon, Lorong Ceylon, 50200, Kuala Lumpur
Residensi Mizumi
No. F-23A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
Kenanga Wholesale City
No. 5-62, Kenanga Wholesale City, Jalan Gelugor, 55200 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 948 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.