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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M-City Ampang
No. 3-26-05, M-City Ampang, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Lorong Mewah 10
No. 2, Lorong Mewah 10, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur
Residensi Skysierra
No. A-42-11, Residensi Skysierra, No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Rica Residence
No. 25-8, Rica Residence, No. 1, Jalan Perhentian, Sentul, 51100 Kuala Lumpur
Tower C
No. C-31-06, Tower C, Residensi Duta Park, No. 11, Jalan Kuching, 51200 Kuala Lumpur
Residensi Bintang Bukit Jalil
No. 1-40-13A, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000, Kuala Lumpur
Residensi Sinaran Wangsa
No. A-32-07, Residensi Sinaran Wangsa, No. 2, Jalan 3/27A, Wangsa Maju, 53300 Kuala Lumpur
The Loft Service Apartment
No. B-22-02, The Loft Service Apartment, Kompleks Danau Kota, Taman Zeta @ Zeta Park, Jalan Taman lbu Kota, 53300 Kuala Lumpur
Royal Domain - Sri Putramas II
No. B1-22-06, Tingkat 22, Block B1, Royal Domain - Sri Putramas II, Jalan Putramas , Off Jalan Kuching, 51200 Kuala Lumpur
Rosvilla Kondominium
No. 06-3A, Rosvilla Kondominium, No. 2, Jalan Prima Pelangi, Bukit Prima Pelangi, 51200 Kuala Lumpur
Suites & Residences
No. B-5-03A, The Signature, Suites & Residences, No. 3, Jalan 22/70A, Desa Sri Hartamas, 50480 Kuala Lumpur
Casa Desa Condominium
No. C-07-02, 7th Floor, Block C, Casa Desa Condominium, No.1 Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Menara Menjalara
No. F-13A-7 (On Site Is F-14-7), Block F, Menara Menjalara, Jalan 1/62b, Bandar Sri Menjalara, 52200 Kuala Lumpur
Residensi Ascenda
No. A-22-6, Residensi Ascenda, No. 3, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Kondominium Sang Suria
No. A-20-1, Blok A, Kondominium Sang Suria, Sentul Raya, Bt 3, Jalan Ipoh, (Persiaran Parkview, Off Jalan Sultan Azlan Shah), 51100 Kuala Lumpur
Apartment Servis J Dupion
No. B-28-05, Apartment Servis J Dupion, No. 1, Jalan Sembilang, Taman Tenaga, Cheras, 56000 Kuala Lumpur
Sentosa Court – Block C
No. C-2-08, 2nd Floor, Sentosa Court – Block C, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58200 Kuala Lumpur
Endah Regal Condo
No. B-5-8, Endah Regal Condo, Blok B, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Tower C
No. C-28-09, Tower C, The Era @ Duta North (Residensi Era), No. 208, Jalan Segambut, 51200 Kuala Lumpur
Kenanga Point Condominium
No. A-24-8, Block A, Kenanga Point Condominium, Jalan Gelugor, Off Jalan San Peng, 55200, Kuala Lumpur
Parklane OUG Service Apartment
No. C1-30-13A, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
PPA1 Bukit Jalil
No. B-13A-08, PPA1 Bukit Jalil, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Central Residence @ Suria Sg. Besi
No. C-13A-06, Central Residence @ Suria Sg. Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Pangsapuri Sri Jati Ii
No. B-3-6, Blok B, Pangsapuri Sri Jati Ii, Jalan Seri Jati, Taman Sri Jati, 58200, 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.