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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Pangsapuri Mawar
No. A-18-2, Pangsapuri Mawar, Jalan 7/48A, Sentul Perdana, 51000 Kuala Lumpur
Residensi Awani IV
No. B-43A-07, Residensi Awani IV, No. 6, Jalan Santuari Utama, 53100 Setapak, Kuala Lumpur
Residensi Vista Wirajaya
No. A-32-08, Block A, Residensi Vista Wirajaya, Jalan 1/23E, Taman Melati, 53300 Kuala Lumpur
Menara Impian
No. A5-5, Menara Impian, Tasik Heights Apartment, Jalan Liku Tasik Selatan, Bandar Tasik Selatan, 57100 Kuala Lumpur
Laman Seri Harmoni
No. B-35-02, Laman Seri Harmoni, Jalan Batu Muda Tambahan 3, Sentul, Kuala Lumpur
Pangsapuri Aliran Damai
No. A-2-12, Blok A, Pangsapuri Aliran Damai, Jalan Damai Perdana 5/2, Bandar Damai Perdana, 56000 Kuala Lumpur
Lorong Jujur 3
No. 26, Lorong Jujur 3, Bandar Tun Razak, 56000 Kuala Lumpur
Bayview Court 1d
No. 52-00-14, Block 52, Bayview Court 1d, Jalan Seri Sentosa 8 (Jalan 8/133), Taman Sri Sentosa, Off Jalan Klang Lama, 58000 Kuala Lumpur
Fadason Business Centre
No. A-5-2, Block A, Fadason Business Centre, Jalan 1/17, Taman Fadason, 52000 Kuala Lumpur
Jalan Lembah Maju 2/6
No. 15A, Jalan Lembah Maju 2/6, Taman Lembah Maju, Kuala Lumpur
Pangsapuri Indah Mas
No. 18-8-9, Pangsapuri Indah Mas, Jalan Ikan Emas, KM 6, Cheras, 56000 Kuala Lumpur
Residensi Minest
No. A-27-12, Residensi Minest, Jalan Sinar Sentul 4, 51000 Kuala Lumpur
Menara Orkid
No. 45-20-3, Menara Orkid, Jalan 3/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
De Tropicana Condo
No. 82-09-40, (on-site is No. 82-9-40), De Tropicana Condo, Jalan 2/116B, 58200 Kuala Lumpur
Tower 1
No. A-38-29, 3rdnvenue @ Embassy Row, Tower 1, 3rdnvenue, 55000, Kuala Lumpur
Residensi Varia
No. A-31-10, Residensi Varia (on-site Vierra Residence), No. 6, Jalan Mas, Bukit Jalil, 58200 Kuala Lumpur
Pangsapuri Damai Vista
No. A-16-3A, Blok A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
Level 42
No. C2-42-06, Level 42, Block C2, RC Residences (also known as Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Pr1ma Alam Damai
No. B3-41-09, Residensi Pr1ma Alam Damai, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-23A-9, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Ampang Tiga
No. A-33-27, Ampang Tiga (Neu Suites), Jalan Nipah Ampang, 55000 Kuala Lumpur
Casa Mutiara
No. 17-11-20, Casa Mutiara, Jalan Hang Isap, 50150 Kuala Lumpur
Putra Suria Residensi
No. A-15-09 (on site is A-15-9), Blok A, Putra Suria Residensi, No. 29A, Jalan Jelawat 2, Cheras, 56000 Kuala Lumpur
Bam Villa Condominium
No. 42C-2-4, Bam Villa Condominium, Jalan Pria, Taman Maluri, 55100 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.