2069 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 C
No. C-15-03, 15th Floor, Tower C, Residensi Agile Delima Bukit Bintang, No. 3, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Menara Inspirasi
No. A-41-3A, Menara Inspirasi (Expressionz Professional Suites), Jalan 1/65A, Off Jalan Tun Razak, 50400 Kuala Lumpur
Residensi Berlian Setapak
No. 29-03, Residensi Berlian Setapak, No. 8, Jalan Semarak Api 4, Off Jalan Gombak, 53000 Kuala Lumpur
1st Floor
No. C-01-3A, 1st Floor, Brunsfield Embassyview, 273, Jalan Ampang, 50450 Kuala Lumpur
Residensi Era
No. A-51-02, Residensi Era, No. 208, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Residensi Andes Ria
No. B-21-08, Block B, Residensi Andes Ria, No. 2, Jalan Mas 3, Bukit Jalil, 58200 Kuala Lumpur
D'Sands Residence
No. B1-09-1, Block 1, D'Sands Residence (Residensi Pasir Emas), Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kuala Lumpur
Tower C
No. C-15-3A, 15th Floor, Tower C, Residensi Agile Delima Bukit Bintang, No. 3, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur.
Tower 1
No. A-18-3A, Tower 1 (Block A), 188 Suites, Jalan Cendana, 50250 Kuala Lumpur
188 Suites
No. B-20-08, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Residensi Peel
No. 25-05, Residensi Peel, No. 2, Lorong Peel, Maluri, 55100 Kuala Lumpur.
Royalle Condominium
No. 10-05, Royalle Condominium, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur.
Damai 88
No. 17-5, Damai 88, Jalan Damai, 50450 Kuala Lumpur
Tower 2
No. 2-10-07, Tower 2, Residensi Bintang, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Tower 2
No. 2-11-5, Tower 2, Suite Sentral, No. 248, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Verve Suites KL South
No. A-11-08, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Verve Suites KL South
No. A-13A-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Sungai Besi
No. D1-21-12, Block D1 Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Chymes Gurney
No. B-15-01, Residensi Chymes Gurney, No. 79, Jalan Persiaran Gurney, 54000 Kuala Lumpur
Menara UP
No. 16-01, Menara UP, Jalan Puchong, 58200 Kuala Lumpur
Apartment Service J Dupion
No. B-10-3A, Block B, Apartment Service J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Kondominium Riana Selatan
No. B-25-10, Kondominium Riana Selatan, No. 2, Jalan Mandarina Damai 1, Bukit Mandarina, 56000 Kuala Lumpur.
Jalan Klang Lama
No. 1-55, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur
The Scott Garden
No. 1-55, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 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 2069 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.