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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KL Traders Square
No. E-33-09, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Jalan 12/27A
No. 17, Jalan 12/27A, Seksyen 5, 53300 Kuala Lumpur
Suasana Bukit Ceylon
No. 18-05, Suasana Bukit Ceylon, No. 2, Persiaran Raja Chulan, 50200 Kuala Lumpur
12th Floor
No. B-12-9, 12th Floor, Block B, The Elements @ Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
Residensi Skysanctuary 1
No. A-12-03A, Residensi Skysanctuary 1, Jalan Santuari 1, 53200 Setapak, Kuala Lumpur
Residensi Bandar Razak
Blok D3-37-12, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
PV 12 Platinum Lake Condominium
No. A-22-5, PV 12 Platinum Lake Condominium, Blok A, Jalan Langkawi, Setapak, 53300 Kuala Lumpur
Avantas Residences
No. 15-06, Avantas Residences, No. 162, Jalan Klang Lama, 58000 Kuala Lumpur
Fortune Avenue
No. D-7-11, Fortune Avenue (Blok D), Jalan Metro Perdana 2, Taman Usahawan Kepong, Off Jalan Kepong, 52100 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-53A-18, Residensi M Arisa Pelangi, No 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Pangsapuri Bayu Sentul
No. A-13-3A, Pangsapuri Bayu Sentul, Jalan Dato Senu 3, Taman Dato Senu, 51000 Kuala Lumpur
Sri Putramas Condominium
No. D-G-10, Block D, Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur.
Residensi Semarak Platinum
No. B-17-07, Residensi Semarak Platinum, No. 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Sri Emas Condominium
No. 77-6-1, Sri Emas Condominium, No. 77, Jalan Hang Isap, Off Jalan Galloway, 50150 Kuala Lumpur
Arte Cheras
No. C2-17-11, Arte Cheras, Jalan Cheras, Taman Midah, 56000 Cheras, Kuala Lumpur
Tower A
No. A-08-13A, Tower A, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Scott Garden Soho
No. A-22-21, 22nd Floor, Block A, Scott Garden Soho, Jalan Klang Lama, Kompleks Rimbun Scott 289, 58000, Kuala Lumpur
Endah Promenade
No. C-22-1, Block C, Endah Promenade, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Tower 2
No. 2-42-05, Tower 2, Residensi Bintang Bukit Jalil, No. 1, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Residensi M Luna
No. A-32-05, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR2), 52100 Kepong, Selangor
Residensi Nusantara Petaling
No. A-16-2, Residensi Nusantara Petaling, No. 1, Lengkok Sentosa, 58000 Kuala Lumpur
The Scott Garden
No. B-18-17, 18th Floor, Block B, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Jalan 29/62B
No. 14, Jalan 29/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Apartment Servis J. Dupion
No. B-10-02, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, 56000 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.