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 Platinum Teratai
No. 13-09, Residensi Platinum Teratai, No. 2, Jalan Kuraman, 53000 Kuala Lumpur
Alpha Villa Apartment
No. 10-13, Alpha Villa Apartment, No 12, Jalan 2/27A, Wangsa Maju, 53300 Kuala Lumpur
Regalia Service Apartment
No. B-11-03, Regalia Service Apartment, Blok B, No. 2, Jalan Anjung Putera, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Putra Apartment
No. 17-0-6, Block 17, Putra Apartment, Jalan Bukit Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Casa Idaman Condominium
No. B-3A-1, Blok B, Casa Idaman Condominium, Jalan 1/12D, Kg. Batu Muda, 51100 Kuala Lumpur
Kondominium Scott Villa
No. 33-8-1, Kondominium Scott Villa, Jalan Scott Brickfields (On Site Lorong Scott), 50470 Kuala Lumpur
Verve Suites KL South @ Jalan Klang Lama
No. A-15-02, Verve Suites KL South @ Jalan Klang Lama, Kuala Lumpur
Pangsapuri Damai Vista
No. A-15-3, Block A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur
The Scott Garden SOHO
No. B-06-30, 6th Floor, Block B, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
The Scott Garden Soho
No. B-23A-29, 23Ath Floor, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
The Scott Garden Soho
No. C-18-22, Tingkat 18, Blok C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Parklane OUG Service Apartment
No. B2-7-2, Parklane OUG Service Apartment, Block B2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Scott Garden Soho
No. B-23A-12, 23Ath Floor, Block B, Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 580000 Kuala Lumpur
Parklane OUG Service Apartment - Blok E3
No. E3-10-10, Parklane OUG Service Apartment - Blok E3, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Le Jardine Condominium
No. Z-D-1, Le Jardine Condominium, Jalan Pandan Indah 26, Pandan Indah, 55100 Kuala Lumpur.
Platinum Splendor Residensi Semarak
No. A-32-19, Block A, Platinum Splendor Residensi Semarak (Residensi Semarak Platinum), No. 4, Jalan Lestari, Kampung Padang Tembak, 54100 Kuala Lumpur
Residensi Lanai Bukit Jalil
No. 13-05, Residensi Lanai Bukit Jalil, Jalan 2/155A, Bukit Jalil, 57000 Kuala Lumpur
Monte Bayu Condominium
No. B-03A-15, 4th Floor, Block B, Monte Bayu Condominium, Jalan Pandan Bistari 5, 56100 Kuala Lumpur
28 Boulevard
No. D-20-19, 20th Floor, Block D, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Bayu Tasik 2 Condominium
No. B-20-3, Blok B, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Residensi Prima Alam Damai
No. B3-15-06, 15th Floor, Block B3, Residensi Prima Alam Damai, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Apartment Abdullah Hukum 1
No. 88-7-34, Apartment Abdullah Hukum 1, Kg Haji Abdullah Hukum, Off Jalan Bangsar, 59200 Kuala Lumpur
Residensi Bandar Razak
No. A2-11-10, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
The Scott Garden Soho
No. C-12-13, Block C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 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.