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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Residensi M Centura
No. B-38-10, Residensi M Centura, No 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Union Height Kondominium
No. 5-12-1, Union Height Kondominium, Blok B, Jalan Awan Dandan, Taman Yarl, 58200 Kuala Lumpur
Residensi Pr1Ma
No. 18-5, Residensi Pr1Ma, Jalan Jubilee, No. 7, Jalan Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur
Residensi Henge
No. E-31-03, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Residensi M Luna
No. A-11-07, Residensi M Luna, No 888, Jalan Lingkaran Tengah 2 (MRR2), 52100 Kepong, Kuala Lumpur
Plaza KLTS
No. D-32-13A, Plaza KLTS, Jalan Gombak, Setapak, 53300 Kuala Lumpur
Casa Ria Apartment
No. 261-17-6, Casa Ria Apartment, Jalan Jejaka, Taman Maluri, 55100, Kuala Lumpur
Residensi 216 Kuchai Jaya
No. 26-10, Residensi 216 Kuchai Jaya, Jalan Kuchai Jaya 10, Taman Kuchai Jaya, 582000 Kuala Lumpur
Tower B
No. B-43-01, Tower B, (PPAM) Mercu Jalil, Jalan Jalil Impian 1, Bukit Jalil, 57000 Kuala Lumpur
Puncak Sentul
No. A-22-13A, Puncak Sentul, No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
JomBid - Arte Plus @ Jalan Ampang
JomBid - Arte Plus @ Jalan Ampang, Jalan Bemban, Off Jalan Ampang, 55000 , Kuala Lumpur
Astoria Ampang
No. B-05-08, Blok B, Astoria Ampang (Residensi Xtreme Meridian), Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
Ampang Tiga
No. A-38-17, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Oakwood Park
No. B-10-4, Block B, Oakwood Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Lorong Ceylon
No. 25-09, No. 1, One @ Bukit Ceylon, Lorong Ceylon, 50200 Kuala Lumpur
Menara 2 Seri Melawati
No. M2-33A-6, Menara 2 Seri Melawati, Taman Melawati, 53100 Kuala Lumpur
Fortune Avenue
No. C-7-8, Fortune Avenue (Blk C), Jalan Metro Perdana 2, Taman Usahawan Kepong, Off Jalan Kepong, 52100 Kuala Lumpur
Tiara Faber Condominium
No. D-5-5, Block D, Tiara Faber Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Residensi Pano
No. A-08-02, Residensi Pano, No. 556, Batu 3 ½ , Jalan Ipoh, 51200 Kuala Lumpur
20th Floor
No. A-20-1, 20th Floor, Block A, Petalz Residences @ Old Klang Road, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi MH Platinum 2
No. A-19-13A, Residensi MH Platinum 2, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Anjung Villa Condominium
No. C-0-3, Anjung Villa Condominium, Jalan 1/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Dynasty Garden
No. A-3A-7, Dynasty Garden, No. 5, Jalan Kuchai Maju 12, Kuchai Entrepreneurs Park, Off Jalan Kuchai Lama, 58200 Kuala Lumpur
Laman Seri Harmoni
No. C-23-08, Block C, Laman Seri Harmoni (LSH 33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 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.