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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Benteng 8
No. 33A-3A, Benteng 8 (Skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Vista Amani Condominium
No. A-3A-7, Vista Amani Condominium, No. 7, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Menara Menjalara
No. E-6-7, Block E, Menara Menjalara, Jalan 1/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Angkasa Condominium
No. C-27-08, Block C, Angkasa Condominium, Jalan Puncak Gading, Taman Seri Cendekia, 56000 Kuala Lumpur
Residensi M Centura
No. A-13-03A, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Jalan 34/142
No. 34, Jalan 34/142, Taman Orkid Desa, 56000 Kuala Lumpur
Taman Sri Endah
No. 5-2-1, Jalan 3/149B, Taman Sri Endah, 57000,Sri Petaling, Kuala Lumpur
SD Courts Persiaran Kenanga
No. C-4-9, Block C, SD Courts Persiaran Kenanga, Bandar Sri Damansara, 52200 Petaling Jaya, Kuala Lumpur
Kepong Sentral Condominium
No. B3-08-17, Kepong Sentral Condominium, Jalan Puncak Desa 2, Taman Puncak Desa, 52100 Kepong, Selangor
34th Floor
No. T3-33A-05, 34th Floor, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Kondominium Kiara Kasih
No. 20-12, Kondominium Kiara Kasih, No. 25, Jalan Duta Kiara, Segambut, 51200 Kuala Lumpur
Residensi Vista Wirajaya
No. A-33A-19, Residensi Vista Wirajaya, Jalan 1/23e, Taman Melati, 53300, Kuala Lumpur
The Scott Garden
No. A-20-31, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
16th Floor
No. D-16-03A, 16th Floor, Maxim Sentul, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi Max Kolam Air
No. A-21-09, Residensi Max Kolam Air, No. 61, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Residensi Awani IV
No. A1-33-07, Blok A1, Residensi Awani IV (Skyawani IV), No. 6, Jalan Santuari Utama, 53100 Kuala Lumpur
Plaza Damas 3
No. B-5-9, Plaza Damas 3, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
Parklane OUG Service Apartment
No. B1-27-3, Block B1, Parklane OUG Service Apartment, No 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Arte + @ Jalan Ampang
No. T3-07-06, Arte + @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Pangsapuri Nuri Desa Petaling
No. 25-08, Pangsapuri Nuri Desa Petaling, No. 22, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Impian Awan
No. 14-10, Residensi Impian Awan, No. 3, Jalan Jalil Indah, Bukit Jalil, 57000 Kuala Lumpur
Residensi Max Kolam Air
No. A-37-13, Residensi Max Kolam Air, No. 61, Jalan Kolam Air, Kasipillay, 51200 Kuala Lumpur
Danau Impian Condominium
No. 17-3-5, Block 17, Block Canary, Danau Impian Condominium, Jalan 3/109F, Taman Danau Desa, 58100 Kuala Lumpur
Residensi Max Kolam Air
No. A-13A-12, Block A, Residensi Max Kolam Air, Jalan Kolam Air 6, 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.