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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The Scott Garden Soho
No. A-18-08, Blok A, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Plaza Metro Prima
No. A-16-03, Tingkat 16, Blok A, Plaza Metro Prima, Jalan Metro 1, Metro Prima, 52100, Kuala Lumpur
Parklane OUG Serviced Apartment
No. D2-12-3, Parklane OUG Serviced Apartment, Blok D2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
The Scott Garden Soho
No. B-08-22, Blok B, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Pusat Bandar Wangsa Maju
No. 32-3, Jalan Wangsa Delima 6, Pusat Bandar Wangsa Maju (KLSC), 53300 Kuala Lumpur
Menara Seni Cheras
No. C2-22-03A, Menara Seni Cheras (Arte Cheras), Jalan Cheras, Taman Midah, 56000 Kuala Lumpur.
Resedensi M Luna
No. A-40-13A, Resedensi M Luna, No 888, Jalan Lingkaran Tengah 2 (MRR2), Kepong, Kuala Lumpur
Avant Court
No. B-12-1, Block B, Avant Court, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Flora Setapak
No. FR-20-11, Residensi Flora Setapak, No. 7, Jalan 1/21C, Setapak, 53000 Kuala Lumpur
28 Boulevard
No. A-43-18, Block A, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 53300 Kuala Lumpur
Tasik Heights Apartment
No. E-5-9, Block Suria, Tasik Heights Apartment, Jalan Liku Tasik Selatan 21/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
Lumayan Apartments
No. A-05-03, Lumayan Apartments, Jalan Tasik Permaisuri 2, Bandar Tun Razak, 56000 Kuala Lumpur
Endah Regal Condominium
No. B-1-9, Endah Regal Condominium, Blok B, Jalan 3/149E, Taman Sri Endah, 57100 Kuala Lumpur
Pangsapuri Damai Vista
No. B-22-3, Blok B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
Residensi Bandar Razak
No. C1-11-11, Block C1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Pertama Residensi
No. 11-03, Pertama Residensi, Jalan 3/92B, Taman Kobena, 56100 Cheras, Kuala Lumpur
Kompleks Rimbun Scott Garden
No. B-06-09, Block B The Scott Garden Soho, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-10-3, Tingkat 10, Pangsapuri Bukit Awansari (OG Court), No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Tower E
No. E-13A-06, Tower E, Bangsar Trade Centre, Plaza Pantai, Jalan Pantai Baru, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Tower E
No. E-13A-03A, Tower E, Bangsar Trade Centre, Plaza Pantai, No. 5, Jalan 4/83A, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-36-03, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, 51200 Kuala Lumpur
Platinum Lake Condominium
No. A-16-02, 16th Floor, Block A, PV10, Platinum Lake Condominium, Jalan Danau Saujana 2, Taman Danau Kota, 53300 Kuala Lumpur
Residensi 357 Setapak @ The Nest
No. A-26-3A, Block A, Residensi 357 Setapak @ The Nest, No 2A, Lorong 2/23D, 53300 Setapak, Kuala Lumpur
Residensi 28
No. 23A-09, Residensi 28 (Court 28), Jalan Kasipillay, 51200 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.