948 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.
Browse by Region
Browse by Property Type
Kiaramas Danai
No. A-08-01, Kiaramas Danai, No. 8, Jalan Desa Kiara, Mon'T Kiara, 50480 Kuala Lumpur
Citizen @ Old Klang Road
No. B-13-8, Blok B, Citizen @ Old Klang Road (Residensi Nusantara Petaling), Jalan Nusantara Petaling, 58000 Kuala Lumpur
Residensi 222
No. 12-07, Tingkat 12, Residensi 222, Jalan Semarak Api, Off Jalan Gombak, 53300 Kuala Lumpur
Tiara Mutiara Service Apartment
No. 11-10, Tiara Mutiara Service Apartment, No. 139, Jalan Puchong, 58200 Kuala Lumpur
Prima Midah Heights
No. 26-22-3, Block 26, Prima Midah Heights, Jalan Midah 8, Taman Midah, Cheras, 56000 Kuala Lumpur
Maju Junction Shopping Complex
22, 15, Maju Junction Shopping Complex, Jalan Sultan Ismail, 50250, Kuala Lumpur
Bandar Kuala Lumpur
Lot No 240, Seksyen 63, Bandar Kuala Lumpur, 50450 Kuala Lumpur
Damai 88
Damai 88, Jalan Damai, 50450, Kuala Lumpur
Jalan Semantan
No. 3, Bangunan CIMB, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur
Jalan Sultan Azlan Shah
No. 478, Batu 3 1/2, Jalan Sultan Azlan Shah, (Formerly known as Jalan Ipoh), 51200 Kuala Lumpur
Jalan Raja Abdullah
No. 160, Jalan Raja Abdullah, 50300 Kampung Baru, Kuala Lumpur
Jalan Tengku Ampuan
No. 19, Jalan Tengku Ampuan, Tapak No. 19-1, 19-2, 19-3, 19-3A (Jalan Gemilang), 19-5, 19-6 (Jalan Tengku Ampuan), Taman Duta, 50480 Kuala Lumpur
Lingkungan U Thant
No. 9, Lingkungan U Thant, Taman U Thant, 55000 Kuala Lumpur
Lorong Kota 3
Lot 7, Lorong Kota 3, 50480 Kuala Lumpur
Menara 3
(14 Units), Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
KL Gateway Corporate Office Suite
No. G-01-01, Block F, KL Gateway Corporate Office Suite, KL Gateway, No. 2, Jalan Kerinchi, 59200 Kuala Lumpur
Lorong Limau Manis 3
No. 4, Lorong Limau Manis 3, Taman Bangsar, 59000 Kuala Lumpur
Four Seasons Place
No. 38-3, Four Seasons Place, Jalan Ampang, 50450 Kuala Lumpur
Binjai Residency
No. B-30-1, Binjai Residency, Jalan Binjai, 50450 Kuala Lumpur
Jalan Tuanku Abdul Rahman
No. 68, Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur
Menara 3
No. BO2-B-13A-1, Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
Menara 3
No. BO2-B-12-1, Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
Menara 3
No. BO2-B-13-1, Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur
Menara 3
No. BO2-B-11-1, Menara 3, No. 3, Jalan Bangsar, KL Eco City, 59200 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 948 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.