10 Rumah Lelong Gombak · Bank Auction Properties
Gombak, located in Kuala Lumpur, offers a blend of city convenience and suburban tranquility, making it a popular choice for families and investors. With a limited selection of bank auction properties available, buyers can find affordable homes often priced 10-40% below market value. These auction homes, including landed houses and apartments, present a smart opportunity for first-home buyers or investors looking for a good deal. To participate, simply register, pay the 10% deposit, and bid on auction day. Contact Peter Tan for auction dates, reserve prices, and the bidding process.
Ayuman Suites
No. A-17-25, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Jalan Hevea
No. 8, Jalan Hevea, Taman Hevea Kemensah, 53100 Gombak, Kuala Lumpur
Jalan TPJ 1
No. 11, Jalan TPJ 1, Batu 9 1/4, Taman Permai Jaya, 53100 Gombak, Selangor
Jalan Halamanda
No. 90, Jalan Halamanda, Taman Halamanda, 53100 Gombak, Selangor
Jalan Harmonis
Lot 2815, Jalan Harmonis, Taman Harmonis, 53100 Gombak, Selangor
Jalan Harmonis 2
No. 5, Jalan Harmonis 2, Taman Harmonis, 53100 Gombak, Selangor
Kondominium Teratai Mewah
No. 54-5-9, Kondominium Teratai Mewah, Blok 54, Jalan Langkawi, Taman Teratai Mewah, 53000 Gombak, Kuala Lumpur
Ayuman Suites
No. A-19-06, Level 32, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Ayuman Suites
No. A-13A-26, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Pangsapuri Sri Harmonis
No. 16-2, Pangsapuri Sri Harmonis, Jalan Gombak, 53100 Gombak, Selangor
How to Buy an Auction Property in Gombak
- 1Shortlist properties
Browse auction listings in Gombak, 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 · Gombak
How many auction properties are there in Gombak?+
There are currently 10 bank auction (lelong) properties in Gombak, Kuala Lumpur, updated regularly.
How much below market are Gombak auction properties?+
Reserve prices in Gombak are typically 10-40% below market value, even lower for properties auctioned several times.
Can I get a loan for a lelong property in Gombak?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How do I bid on a lelong property in Gombak?+
Register for the auction, pay the 10% deposit, and bid on auction day. Contact Peter Tan to guide you through the process.
How much deposit do I need to bid in Gombak?+
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 Gombak?+
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.