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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Parklane OUG Service Apartment
No. C1-17-8, Block C1, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 46-23, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 09-13A, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Kondo Villa Angsana
No. A-7-1, 7, Kondo Villa Angsana (Blok A), Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur
Regalia Service Apartment
No. A-25-05, Block A, Regalia Service Apartment, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Jalan Bunga Melati 12
No. 39, Jalan Bunga Melati 12, Taman Seraya, 56100 Kuala Lumpur
Residensi MH Platinum 2
No. B-38-06, Residensi MH Platinum 2, Jalan Usahawan 6, 53200 Setapak Jaya, Kuala Lumpur
Sri Lojing Condominium
No. 3B-4-6, Block 3B, Sri Lojing Condominium, No. 1, Jalan 4/27E, Seksyen 10, Bandar Wangsa Maju, 53300 Kuala Lumpur
Sri Intan Condominium 1
No. B-8-1, Sri Intan Condominium 1, Lengkok Selinsing, Off Jalan Ipoh, 52100 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-16-17, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Parklane OUG Service Apartment - Blok B1
No. B1-9-7, Parklane OUG Service Apartment - Blok B1, No 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Pandanmas 2
No. D-18-13A, Residensi Pandanmas 2, Lorong Delapan, Kampung Pandan, 55100 Kuala Lumpur
Menara UP
No. 11-02, Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur
Tower C
No. C-23A-13, Tower C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-08-02, Block B, Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Connaught Avenue
No. D-16-11, Blok D, Connaught Avenue, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
The Scott Garden
No. C-22-27, Block C, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Jalan Marudi 7
No. 8, Jalan Marudi 7, Taman Beringin, 52000 Kuala Lumpur
Tower B
No. B-22-06, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Mawar Sari Blok D
No. D-1-1, Mawar Sari Blok D, Jalan 17/56, Ampang / Ulu Kelang, 54200 Kuala Lumpur
Residensi Prima Alam Damai
No. B3-21-08, Residensi Prima Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Tower B
No. B-22-08, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Dewana Mansion
No. 29-4-3, Dewana Mansion, Jalan Bendahara, Taman Salak Selatan, 57100 Kuala Lumpur
Jalan Dato Senu 26
No. C-03-05, Kondominium Sentul Utama, No. 92, Jalan Dato Senu 26, Taman Dato Senu, Bandar Sentul Utama, 51000 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.