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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Apartment Lili Petaling
No. A-09-07, Apartment Lili Petaling, No. 8, Jalan Kuchai Maju 13, Taman Kuchai Entrepreneur, 58200 Kuala Lumpur
Residensi Max
No. A-33A-09, Block A, Residensi Max, Jalan Ipoh, 51200 Kuala Lumpur
28 Boulevard
No. D-38-02, Block D, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Shamelin Bestari Condominium
No. B-1-7, 1st Floor, Block B, Shamelin Bestari Condominium, Jalan 2/91A, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Desa Cindaimas Condominium
No. B-4-6, Desa Cindaimas Condominium, No. 4, Jalan Sekutu, Taman Continental, 58200 Kuala Lumpur
Diamond Regency Service Apartment
No. 19-11, Diamond Regency Service Apartment, No. 18, Jalan 3/50, Off Jalan Gombak, 53000 Kuala Lumpur
Residensi Pandanmas 2
No. C-36-01, Residensi Pandanmas 2, Lorong Delapan 2, Kampung Pandan, 55100 Kuala Lumpur
Apartment Dahlia
No. A-15-5, Apartment Dahlia, Jalan 1/27, Taman Setapak Jaya Baru, 53300 Kuala Lumpur.
Monte Bayu Condominium
No. A-09-11, 9th Floor, Block A, Monte Bayu Condominium, Jalan Bukit Pandan Bistari 5, Cheras Baru, 56100 Kuala Lumpur
Pertama Residency
No. 8-16, Pertama Residency, No. 16 Jalan 3/92B, Taman Kobena, 56000 Kuala Lumpur
Endah Regal Condominium
No. A-2-10, Block A, Endah Regal Condominium, No. 7 Jalan 3/149E, Taman Sri Endah, 57000 Bandar Baru Sri Petaling, Kuala Lumpur
Pangsapuri Melur
No. A-20-8, Pangsapuri Melur, No. 72A, Jalan 7/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Changkat View Condominium
No. C-11-01, Aras 11, Block C, Changkat View Condominium, No. 18, Jalan Dutamas Raya, 51200 Kuala Lumpur
Residensi M Luna
No. A-39-02, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR2), Kepong, 52100 Kuala Lumpur.
KL Traders Square
No. B-33A-20, KL Traders Square (KLTS), No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi MH Platinum 2
No. A-23A-13A, Residensi MH Platinum 2, No. 12, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Vista Saujana
No. VS-11-33, Vista Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Casa Idaman Condominium
No. A-13A-20, Casa Idaman Condominium, No. 5, Jalan 1/12D, Kampung Batu Muda, 51100 Kuala Lumpur
Scott Garden SOHO
No. A-13A-33, Scott Garden SOHO, Kompleks Rimbunan Scott, 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-1-23, Pangsapuri Bukit Awansari, No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Kompleks Rimbun Scott
No. A-16-13A, Kompleks Rimbun Scott, Jalan Klang Lama, 58000 Kuala Lumpur
Arte + @ Jalan Ampang
No. T1-13A-3A, Arte + @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur.
Casa Ria Apartment
No. 285-1-2, Casa Ria Apartment, Jalan Jejaka, Taman Maluri, 55100 Cheras, Kuala Lumpur
Villa Tropika @ Pudu Impian Ii
No. 107-3A-16, Villa Tropika @ Pudu Impian Ii, Jalan Pudu Ulu, 56100, 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.