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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Pangsapuri Suci
No. 2-8-3, Pangsapuri Suci, Jalan Sri Jati 3, Taman Sri Jati, 58200 Kuala Lumpur
2 Pakar)
No. 2-3-16, Blok 2 (on site is, 2 Pakar), Jalan 1/108C, Taman Sungai Besi, 57100 Kuala Lumpur
Taman Lembah Maju
No. 26-2F, Block E, Jalan Maju 3/3, Taman Lembah Maju, 56100 Kuala Lumpur
Taman Pusat Kepong
No. 7-4-23, Blok 7, Green View, Jalan 8/40, Taman Pusat Kepong, 52100 Kuala Lumpur
Pangsapuri Intan
No. 5-1-14, Block 5, Pangsapuri Intan, Jalan Bukit Permai, Taman Bukit Permai, 56100 Kuala Lumpur
Impiana Apartment
No. 32-4B, Impiana Apartment, Jalan Wangsa 3/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Petaling Indah Condominium
No. 10-09-3A, Petaling Indah Condominium, Jalan 1C/149, Taman Castlefield, 57100, Kuala Lumpur
Danau Murni Condominium
No. B-1-7, 1st Floor, Block B, Danau Murni Condominium, Jalan 109F, Taman Danau Desa Off Jalan Klang Lama, 58100 Kuala Lumpur
Taman Keramat Permai
No. 1.02, Block A, Jalan AU 1B/1, Taman Keramat Permai, 54200 Kuala Lumpur
Laman Damai Kepong
No. A-9-10, Laman Damai Kepong, Jalan Kuang Bertam 9, Taman Kepong, 52100 Kuala Lumpur
Rumah Pangsa Kasturi
No. 5-2-12, Rumah Pangsa Kasturi, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Taman Desa Petaling
No. 5-2A, Jalan 8/125D, Taman Desa Petaling, 57100 Kuala Lumpur
Taman Desa Cheras
No. 11-1-6, Jalan 13/154D, Taman Desa Cheras, Cheras, 56000 Kuala Lumpur.
PPR Seri Aman
No. B-03-17, PPR Seri Aman, Jalan Aman Putra, 52000 Kepong, Kuala Lumpur
Taman Pusat Kepong
No. 21-3A, Jalan 3/40, Taman Pusat Kepong, 52100 Kuala Lumpur.
Prima Setapak
No. 2-4-26, Prima Setapak, Off Jalan Genting Klang, Setapak, 53300 Kuala Lumpur
Kelumpuk Tempua
No. 4-2-1, Block A, Kelumpuk Tempua, Jalan 9/56, AU3 Keramat, 54200 Kuala Lumpur
Rumah Pangsa Kos Rendah
No. B-3-6, Block B, Rumah Pangsa Kos Rendah, Jalan 3/23D, Danau Kota, 53300 Kuala Lumpur
Pandan Indah
No. 19C, Tingkat 3, Jalan Pandan Indan 1/23D, Pandan Indah, 55100 Kuala Lumpur.
Jalan 10/40
No. 2-1, Jalan 10/40, Taman Pusat Kepong 52100 Kuala Lumpur
Teratak Muhibbah 2
No. B-11-16, Block B, Teratak Muhibbah 2, Jalan Desa, Taman Danau Desa, 58100 Kuala Lumpur
Diamond Square
No. 8-5-1 (Parcel No. 164), Blok E, Diamond Square, Jalan Semarak Api 3, 53000 Kuala Lumpur
Kondo Rakyat Desa Pantai
No. 4-14-04, Kondo Rakyat Desa Pantai, Blok 4, Jalan Pantai Dalam, 59200 Kuala Lumpur
Desa Satu Apartment
No. DS4-7-V, Desa Satu Apartment, Lorong D 1/5. Desa Aman Puri, 52100 Kepong, 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.