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.
Browse by Region
Browse by Property Type
Arte Plus @ Jalan Ampang
No. T3-10-06, Arte Plus @ Jalan Ampang, Jalan Bemban, Off Jalan Ampang, 55000 , Kuala Lumpur
Ayuman Suites
No. A-19-06, Level 32, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Permai Ria Condominium
No. E-6-6, Block E, Permai Ria Condominium, Jalan 1/18B, Taman Batu Permai, 51200 Kuala Lumpur
JomBid - Maytower Hotel And Serviced Apartment
JomBid - Maytower Hotel And Serviced Apartment, 7 Jalan Munshi Abdullah, 50100 KL City Centre, Kuala Lumpur
Seri Gembira Apartment
No. 2-5-8, Seri Gembira Apartment, Jalan Trolak 9, Taman Bamboo, 51200 Kuala Lumpur
Prisma Cheras Apartment
No. 2-3-5, Block 2, Prisma Cheras Apartment, Jalan Midah 8A, Taman Midah, 56000 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-27-03, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi Suria Pantai
No. 33A-22, Residensi Suria Pantai, No. 11, Jalan Pantai Sentral 3, Pantai Sentral, 59200 Kuala Lumpur
Menara Orkid
No. 47-06-11, Menara Orkid, Jalan 3/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Sri Suajaya Condominium
No. 200-15-2, Sri Suajaya Condominium, Jalan Kampung Bandar Dalam, Sentul Ulu, 51000 Kuala Lumpur
Putra Court
No. 10B-7-1, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
The Scott Garden SOHO
No. B-10-03, Blok B, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 58000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-26-9, Central Residence @ Suria Sungai Besi, Blok A, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Tower E
No. E-13A-05, Tower E, Plaza Pantai, No. 5, Jalan 4/83A, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Tower E
No. E-13A-07, Tower E, Bangsar Trade Centre, Plaza Pantai, No. 5, Jalan 4/83A, Off Jalan Pantai Baru, 59200 Kuala Lumpur.
Endah Regal Condominium
No. B-15-6, Block B, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57100 Sri Petaling, Kuala Lumpur
Parklane OUG Service Apartment
No. C1-13A-13A, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUGParklane, 58200 Kuala Lumpur
Parklane OUG Service Apartment
No. D2-18-3, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Awani 3
No. C-45-07, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Prisma Cheras
No. 12-5-2, Block 12, Prisma Cheras, Jalan Midah 8A, Taman Midah, 56000 Kuala Lumpur
Angkasa Impian Condominium
No. 20-20-5, Angkasa Impian Condominium (On-Site Is Angkasa Impian 1), Jalan Tong Shin, 50200 Kuala Lumpur
Apartment Dahlia
No. A-4-8, Apartment Dahlia, Jalan 1/27, Taman Setapak Jaya Baru, 53300 Kuala Lumpur
Laman Seri Harmoni
No. B-26-10, Laman Seri Harmoni (Lsh 33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Parklane OUG Service Apartment
No. B1-15-01, Block B1, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 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.