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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Plaza Haji Taib
No. 3A-05, 4th Floor, Plaza Haji Taib, Lorong Haji Taib 5, 50350 Kuala Lumpur
4th Floor
No. BB-04-01, 4th Floor, Block D, Jalan Angsana 8, Taman Bukit Angsana, 56000 Cheras, Selangor
Desa Petaling
No. 53-5-8, Blok 53, Lorong 3/125c, Desa Petaling, 57100, Kuala Lumpur
Pandan Indah
No. BF-2-18, Block BF, Jalan Pandan Indah 5/20, Pandan Indah, 55100, Kuala Lumpur
1st Floor
No. 15-1, 1st Floor, Jalan 2/1A, Taman Kepong Indah, 52100 Kuala Lumpur
Taman Pusat Kepong
No. 17-2-2, Jalan 7/40, Taman Pusat Kepong, 52100 Kuala Lumpur
Flat Jalan Au 3/1
No. D7, Blok 2, Tingkat 4, Flat Jalan Au 3/1, Taman Keramat, 54200 Kuala Lumpur
Pandan Perdana
No. C512, Jalan Perdana 9/10, Pandan Perdana, 55300 Kuala Lumpur
Queen's Avenue
No. 6-6-4, Tingkat 6, Blok 6, Queen's Avenue, Jalan Bayam, 55100 Kuala Lumpur
Taman Minang
No. 4F-12, Tingkat 4, Blok A, Taman Minang, 56000, Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Cheras Ria
No. D-4-14, Cheras Ria, Blok D, Jalan 6/95B, Taman Cheras Utama, Off Jalan Ketumbar, 56100 Kuala Lumpur
Desa Aman Puri Kepong
No. DS4-7-P, Blok 4 Desa Satu Apartment, Off Lorong D 1/5, Desa Aman Puri Kepong, 52100, Kuala Lumpur
Taman Aman Putra
No. E-9-4, Blok E, Jalan Aman Putra, Taman Aman Putra, Off Jinjang Utara, 52000 Kuala Lumpur
Cheras Ria
No. B-6-5, Cheras Ria, Blok B, Jalan 6/95B, Taman Cheras Utama Off Jalan Ketumbar, 56100 Kuala Lumpur
Taman Seri Sentosa
No. 25-3, Jalan Seri Sentosa 1B, Taman Seri Sentosa, 58000 Kuala Lumpur
Taman Desa Cheras
No. 58-1F, Jalan 2/154D, Taman Desa Cheras, Kuala Lumpur
Taman Desa Petaling
No. 50-5-10, Block 50, Lorong 4/125C, Taman Desa Petaling, 57100 Kuala Lumpur
Pandan Indah
No. BH-4-5, Block BH, Jalan Pandan Indah 5/20, Pandan Indah, 55100 Kuala Lumpur
Taman Desa Cheras
No. 11-3-13, Block 11, Jalan 13/154D, Taman Desa Cheras, 56000 Kuala Lumpur
Taman Wangsa Permai
No. 28-4B, Jalan Wangsa 3/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Impiana Apartment
No. 16-4A, Impiana Apartment, Jalan Wangsa 3/6, Taman Wangsa Permai, 52200 Kuala Lumpur
4th Floor
No. BD-04-14, 4th Floor, Block D, Jalan Angsana 8, Taman Bukit Angsana, 56000 Cheras, Selangor
Taman Kepong Indah
No. 15-2, Jalan 2/1A, Taman Kepong Indah, 52100 Kuala Lumpur
2nd Floor
No. 15-2A, 2nd Floor, Jalan 2/1A, Taman Kepong Indah, 52100 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.