5 Rumah Lelong Sentul · Bank Auction Properties
Sentul, in Kuala Lumpur, is a mature suburb with a mix of older terraced houses and newer condos, popular among families and investors seeking value. For those interested in a bank auction, our Sentul listings offer a small but promising selection. Reserve prices here are often 10-40% below market value, and properties auctioned multiple times can be even cheaper, making them a smart choice for first-home buyers and investors. To buy, simply register, pay the 10% deposit, and bid on auction day. Inventory is limited, so contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Sri Suajaya Condominium
No. 202-7-1, Sri Suajaya Condominium, Jalan Kampung Bandar Dalam, 51100 Sentul, Kuala Lumpur
Residensi Minest
No. A-26-02, Residensi Minest, Jalan Sinar Sentul 4, 51000 Sentul, Kuala Lumpur
Laman Seri Harmoni
No. B-36-10, Laman Seri Harmoni (LSH33) No. 3, Jalan Batu Muda Tambahan 3, 51100 Sentul, Kuala Lumpur
Pangsapuri Mahasa Villa
No. 12-12, Pangsapuri Mahasa Villa, Jalan Mahasa, Kampung Padang Balang, 51000 Sentul, Kuala Lumpur
Bandar Baru Sentul
No. 77-01-28, Bandar Baru Sentul, 51000 Sentul, Kuala Lumpur
How to Buy an Auction Property in Sentul
- 1Shortlist properties
Browse auction listings in Sentul, 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 · Sentul
How many auction properties are there in Sentul?+
There are currently 5 bank auction (lelong) properties in Sentul, Kuala Lumpur, updated regularly.
How much below market are Sentul auction properties?+
Reserve prices in Sentul are typically 10-40% below market value, even lower for properties auctioned several times.
Can I get a loan for a lelong property in Sentul?+
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 Sentul?+
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 Sentul?+
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 Sentul?+
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.