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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Astrum Ampang
No. S-36-04, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur
Desa Tasik
No. 6-3-13, Block 6, Desa Tasik, Jalan Tasik Selatan 2A, Sungai Besi, 57100 Kuala Lumpur
10 Semantan
No. A-6-22, Block A, 10 Semantan, No. 10, Jalan Semantan, Bukit Damansara, 50490 Kuala Lumpur
Hijau Ria Apartment
No. 5-1-6, Hijau Ria Apartment, Jalan 1/1A, Taman Kepong Indah, 52100 Kepong, Kuala Lumpur
Sri Angsana Hilir Condominium
No. A1-H, Tingkat Satu, Blok A, Sri Angsana Hilir Condominium, Jalan Hilir 3, Taman Sri Angsana Hilir, 55100 Kuala Lumpur
Desa Dua Apartment
No. 3-9-O, Block 3, Desa Dua Apartment, Lorong D1/5, Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Plaza Wangsa Maju
No. 7-11, Block C, Plaza Wangsa Maju, (Hedgeford 10 Residences), No. 2, Jalan Maju Ria 1, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Segar Apartment
No. D-01-156, Segar Apartment, Jalan 1a, Taman Segar, 56100 Kuala Lumpur
Aliran Damai Apartment
No. B-10-03, Aliran Damai Apartment, Jalan Damai Perdana 5/2, Bandar Damai Perdana, 56000, Cheras, Selangor
Sri Tioman II
No. 42-06-05, Sri Tioman II, Jalan Pertahanan, Taman Melati, 53100 Kuala Lumpur
Taman LTAT
No. A-13-2, Block A, Jalan Bukit Jalil Indah 4, Taman LTAT, 57000 Kuala Lumpur
Pangsapuri Mahasa Villa
No. 12-12, Pangsapuri Mahasa Villa, Jalan Mahasa, Kampung Padang Balang, 51000 Sentul, Kuala Lumpur
Ixora Apartment
No. 9-51, 9th Floor, Ixora Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Pangsapuri Sri Penara
No. B-02-11, Block B, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Vista Angkasa
No. 2-5-5, 5th Floor, Blok 2, Vista Angkasa, Jalan Kerinchi, 59200 Kuala Lumpur
Residensi Metro Kepong
No. A-11-13, Residensi Metro Kepong, No. 5, Persiaran Metro Perdana, 52100 Kuala Lumpur
Desa Sri Puteri-B Apartment
No. B-8-6, 8th Floor, Block B, Desa Sri Puteri-B Apartment, Jalan 1/125G, 57100, Kuala Lumpur
Taman Melati
No. TB-3, Block F6, Taman Melati, 53100 Kuala Lumpur
Sri Penara
No. D-12-12, Blok D, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Aman Dua Apartment
No. AD1-11-I, Aman Dua Apartment, Desa Aman Puri, 52100, Kepong, Selangor
Abadi Indah Kondo
No. 9-12-9, Abadi Indah Kondo, Jalan 3/109C, Taman Abadi Indah, 58100 Kuala Lumpur
Mayfair Service Apartment
No. J-3A-21, Block J, Mayfair Service Apartment, Plaza Damas, No. 60, Jalan Sri Hartamas 1, 50480 Kuala Lumpur
Segar Apartment
No. D-G-150, Block D, Segar Apartment, Jalan 1A, Taman Segar, Cheras, 56100 Kuala Lumpur
Sri Desa Condominium
No. 11-8-5, Sri Desa Condominium, Blok II, Jalan 1/116B, 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 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.