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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Desa View Towers
No. 18-05-09, Block 18, Desa View Towers, Jalan 1/4A, Off Jalan Genting Klang, 53100 Kuala Lumpur
Avelon Tower
No. A2-10-01, Avelon Tower (Block A2), Plaza Medan Putra, Jalan Medan Putra 6, Bandar Sri Menjalara, 52200 Kuala Lumpur
Winner Heights
No. 28-11-4, Blok 28, Winner Heights, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Danau Murni Condominium
No. B-18-8, Blok Bidara, Danau Murni Condominium, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Bandar Sri Permaisuri
No. A-05-21, Block A Sri Penara, No. 6, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Prima Saujana
No. PS-13-24, Prima Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Ixora Apartment
No. 8-32, Ixora Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kepong, Selangor
Nadayu 63
No. B-12-08, Nadayu 63, Jalan Melawati 8, Taman Nadayu, 53100 Hulu Kelang, Selangor
Ayuman Suites
No. A-13A-26, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Hijau Ria Apartment
No. 5-5-9, Block 5, Hijau Ria Apartment, Jalan 1/1A, Taman Kepong Indah, 52100 Kuala Lumpur
Benteng 8
No. 33A-07, Benteng 8, (Skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Taman OUG Parklane
No. A2-19-06, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Pr1ma Alam Damai
No. A4-39-01, 39th Floor, Block A4, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-22-09, Block B, Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Parklane Oug Service Apartment
No. D2-8-1, Block D2, Parklane Oug Service Apartment, No. 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Parklane OUG Service Apartment - Blok C1
No. C1-7-9, Parklane OUG Service Apartment - Blok C1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Sri Harmonis
No. 16-2, Pangsapuri Sri Harmonis, Jalan Gombak, 53100 Gombak, Selangor
Pandan Indah
No. Bd-b-21, Block Bd (inai Deluxe), Jalan Pandan Indah 4/14c, Pandan Indah, 55100, Kuala Lumpur
Ampang Tiga
No. A-28-07, Ampang Tiga (Neu Suites), Jalan Nipah, Ampang, 55000 Kuala Lumpur
Kuchai Brem Park
No. 01-06-15, Block A, Kuchai Brem Park, Jalan Selesa 2, Taman Gembira, 58200 Kuala Lumpur
Endah Regal Condominium
No. C-14-7, Block C, Endah Regal Condominium, No. 7, Jalan 3/149E, Taman Seri Endah, Bandar Baru Sri Petaling, 57100 Kuala Lumpur
Taman Sri Endah
No. 5-2-9, Block 5, Jalan 3/149B, Taman Sri Endah, 57000, Kuala Lumpur
Diamond Regency Service Apartment
No. 9-9, Diamond Regency Service Apartment, No. 18, Jalan 3/50, Off Jalan Gombak, 53000 Kuala Lumpur
Petaling Indah Condominium
No. 10-9-6, Block 10, Petaling Indah Condominium, 1C/149, Off Jalan Sungai 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.