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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Parklane OUG Service Apartment
No. D1-25-1, Block D, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-11-8, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Jalan Khoo Teik Ee
No. 4B, Jalan Khoo Teik Ee, Off Jalan Imbi, 55100 Kuala Lumpur
Residensi MH Platinum 2
No. C-29-13A, 29th Floor, Block C, Residensi MH Platinum 2, No. 12, Jalan Usahawan 6, Setpak Jaya 2, 53200 Kuala Lumpur
Parklane OUG Service Apartment
No. C2-7-8, Parklane OUG Service Apartment, Block C2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Midah Ria Condominium
No. 16-19-03, 19th Floor, Block 16, Midah Ria Condominium, Jalan Midah 8, Taman Midah, Cheras, 56000 Kuala Lumpur
Bukit Pandan 2
No. C-15-1, Block C (Blok Naluri), Bukit Pandan 2, Jalan 1/91B, Pandan Perdana, 55300 Kuala Lumpur
Pangsapuri Melur
No. A-14-1, Blok A, Pangsapuri Melur, Jalan 2/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Regalia Service Apartment
No. B-19-05, Regalia Service Apartment, Blok B, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Kondominium Teratai Mewah
No. 54-5-9, Kondominium Teratai Mewah, Blok 54, Jalan Langkawi, Taman Teratai Mewah, 53000 Gombak, Kuala Lumpur
Bayu Tasik 2 Condominium
No. C-G-3, Ground Floor, Block C, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Villa Angsana Condominium
No. C-21-1, Block C, Villa Angsana Condominium, No. 56, Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur
Residensi Minest
No. B-10-17, Block B, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Changkat View Condominium
No. D-13A-03, Changkat View Condominium, No. 18, Jalan Dutamas Raya, 51200 Kuala Lumpur
The Tamarind
No. E1A-15-9, Block A, The Tamarind, Jalan Sentul Indah, Off Jalan Sentul, 51100 Kuala Lumpur
Putra Court
No. 10B-12-5, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Semarak Platinum
No. C-30-09, Block C, Residensi Semarak Platinum (Splendor), No 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Kondo Casa Idaman
No. B-07-13A, Block B, Kondo Casa Idaman, Jalan 1/12D, Kampung Batu Muda, 51100 Kuala Lumpur
Heritage Condominium
No. 286-08-01, Blok C, Heritage Condominium, Jalan Pahang, 53000 Kuala Lumpur
Pantai Hillpark Phase 2
No. 8-11-8, Blok 8, Pantai Hillpark Phase 2, Jalan Pantai Dalam, 59200 Kuala Lumpur
Mercu Kenwingston
No. C-15-05, Mercu Kenwingston, No. 81, Jalan Gombak, 53000 Kuala Lumpur
Oakwood Park
No. B-1-5, Oakwood Park, Sri Putramas, Jalan Putramas 1, Off Jalan Kuching, 52100 Kuala Lumpur
Menara RA
No. Suite 1-3, Menara RA, No. 18, Jalan Dataran SD 2, Dataran SD, PJU 9, 52200 Kuala Lumpur
Meadow Park 1
No. 2-0-2, Block 2, Meadow Park 1, Jalan 1/130, Off Jalan Kelang Lama, 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.