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 Arun Kepong
No. B-28-08, Residensi Arun Kepong, No. 187, Pintasan Segambut, 52000 Kuala Lumpur
Cormar Suites
No. B-26-10, Cormar Suites (formerly known as Fraser Place), Lot No. 163, No. 10, Jalan Perak, 50250 Kuala Lumpur
Menara Seni Cheras
No. C1-12-02, 12th Floor, Block C1, Menara Seni Cheras (Arte Cheras), Jalan Cheras, Taman Midah, 56000 Kuala Lumpur
The Pano
No. B-15-06, The Pano, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Vista Sentul
No. B-43A-10, Residensi Vista Sentul, No. 28, Jalan Sinar Sentul 4, Sentul, 51100 Kuala Lumpur
Menara 3
No. T3-13A-15, Menara 3, No. 296, Jalan Ampang, 50450 Kuala Lumpur
Residensi Neksus Taman Pertama
No. 17-10, Residensi Neksus Taman Pertama, No. 1 Jalan Selangat, Cheras, 56100 Kuala Lumpur
M-City
No. 1-31-03A, M-City, No. 326, Jalan Ampang, 50450 Kuala Lumpur.
Pusat Komersial Starparc Point
No. E-02-05, Pusat Komersial Starparc Point, Jalan Taman Ibu Kota, 53300 Kuala Lumpur
Residensi Kenwingston Petaling
No. A-26-05, Block A, Residensi Kenwingston Petaling, No. 368, Lebuhraya Besraya, Salak Selatan, 57000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-18-13A, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi M Centura
No. B-17-09, Residensi M Centura, No. 17, Jalan Sentul Perdana, 51000 Setapak, Kuala Lumpur
Putra Villa Condominium
No. B-6-12, Block B, Putra Villa Condominium, Jalan Terminal Putra, Taman Melati, 53100 Kuala Lumpur
Residensi Majestic Maxim
No. A-32-07, Residensi Majestic Maxim, No. 45, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
M City
No. 1-27-06, Block 1, M City, Jalan Ampang, 50450 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Residensi M Oscar Petaling
No. N-23-3A, Residensi M Oscar Petaling, No. 2, Jalan Kesateria, Sri Petaling, 57100 Kuala Lumpur
The Scott Garden SOHO
No. C-20-09, Tingkat 20, Blok C, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Villa Scott Condominium
No. 33-13A-11, 13A Floor, Villa Scott Condominium, Jalan Scott, Brickfields, 50470 Kuala Lumpur
Pangsapuri Bayu Sentul
No. A-21-7, Pangsapuri Bayu Sentul, Jalan Dato Senu 3, Taman Dato Senu, 51000 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. A-23-05, Residensi Vivo 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Jalan 10/27B
No. 54, Jalan 10/27B, Taman Desa Setapak, 53300 Kuala Lumpur
(on-site is Tower D
No. D-11-08, (on-site is Tower D, M Vertica), Residensi M Vertika, Batu 2 1/2, Jalan Cheras, 56000 Kuala Lumpur.
Residensi Bandar Razak
No. A1-21-11, Block A1, Residensi Bandar Razak (RC Residences), Jalan Razak Mansion, Sungai Besi, 57100 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.