2069 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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Aman Puri Apartment
No. C-2-3, Block C, Aman Puri Apartment, Jalan Aman, Desa Aman Puri, Kepong, 52100 Kuala Lumpur.
Pangsa Ria
No. 60-8-2, Blok 60, Pangsa Ria, Jalan 1/125e, Desa Petaling, 57100, Kuala Lumpur
The Scott Garden
No. C-18-09, Block C, The Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur.
Tower B
No. B-03A-08 (B-04-08), Tower B, Residensi Aman Bukit Jalil, Jalan Jalil Impian 1, Bukit Jalil, 57000 Kuala Lumpur.
Plaza Damas 3
No. B-3-3A, Block B, Plaza Damas 3, No. 63, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
Endah Regal Condominium
No. B-4-6, Block B, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57000 Sri Petaling, Kuala Lumpur
Pangsapuri Sri Penara
No. B-06-14, Block B, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, Cheras, 56000 Kuala Lumpur
Residensi Puchongmas
No. L13-10, Residensi Puchongmas, No. 6, Jalan Puchong Mesra 2, Batu 7 1/2, Off Jalan Puchong, 58200 Kuala Lumpur
The Scott Garden
No. A-18-02, 18th Floor, Block A, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
The Scott Garden SOHO Blok A
No. A-10-12, The Scott Garden SOHO Blok A, Kompleks Rimbun Scott, Jalan Klang Lama, 58000 Kuala Lumpur
Parklane OUG Service Apartment
No. C1-7-5, Block C1, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Seri Puri Apartment
No. D-3A-17, Seri Puri Apartment, Jalan Aman, Desa Aman Puri, 52100, Kepong, Selangor
The Scott Garden Soho Rimbun Scott Garden
No. B-08-03A, Block B, The Scott Garden Soho Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Taman Ltat
No. A-1-6, Block A, Jalan Bukit Jalil Indah 4, Taman Ltat, 57000 Kuala Lumpur
Residensi Sky Awani
No. D-13A-01, Blok D, Residensi Sky Awani, Jalan Batu Muda Tambahan 3, 51100 Kuala Lumpur
Vista Saujana Apartment
No. VS-13-14, Vista Saujana Apartment, No. 1, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Puncak Banyan
No. B-12-11, Block B, Puncak Banyan, Jalan 3/118B, Taman Seri Cendekia, 56000 Kuala Lumpur
Avenue Court
No. C-7-3, Block C, Avenue Court, No. 7, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Meadow Park 2
No. 5-5-15, Meadow Park 2, Jalan 1/130, Taman Gembira, Kuala Lumpur
Grandeur Tower
No. CT-E-14, Grandeur Tower, Jalan Pandan Indah 1/16, Pandan Indah, 55100 Kuala Lumpur
Desa Pandan
No. E3-4-3, Block E3, Jalan 1/76B, Desa Pandan, 55100, Kuala Lumpur
Sri Penara
No. B-11-09, Blok B, Sri Penara, Jalan Permaisuri 1, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Jade Tower
No. 3-2-1, 2nd Floor, Jade Tower, Seri Mas Condominium, Jalan 4/89A, Batu 3 1/2, Jalan Cheras, 56000, Kuala Lumpur
Petaling Indah Condo Blok 10
No. 10-10-06, Petaling Indah Condo Blok 10, Jalan 1C/149, Petaling Indah, Off Jalan Sg Besi, 57100 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 2069 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.