15 Rumah Lelong Sungai Besi · Bank Auction Properties
Looking for a smart way to buy property in Sungai Besi, Kuala Lumpur? The bank auction market offers a handful of homes and shops at prices often below market value. Buying through a bank auction means you can secure a house or shophouse with a starting price set by the bank, typically 10-40% cheaper than the open market. To participate, you register, pay a 10% deposit, and bid on auction day. This is ideal for first-home buyers and investors seeking affordable options. Contact Peter Tan for details on auction dates, reserve prices, and the bidding process.
Residensi Vyne
No. D-16-03, Tingkat 16, Block D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-9-3, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Jalan Tasik Damai 5
No. 37, Jalan Tasik Damai 5, Taman Tasik Damai, Sungai Besi, 57000 Sungai Besi, Kuala Lumpur
Residensi Vyne
No. D-9-1, Residensi Vyne, Jalan 1/108d, Sungai Besi, 57100, Kuala Lumpur
Dedaun Sungai Besi
No. A-26-06, Dedaun Sungai Besi, No. 2, Jalan Hang Tuah 2, Taman Salak Selatan, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. C-08-08, Block C, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne
No. D-6-3, Tingkat 6, Block D, Residensi Vyne, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Residensi Trion 1
No. A-57-3A, 57th Floor, Block A, Trion @ KL, Residensi Trion 1, 55200 Sungai Besi, Kuala Lumpur
Residensi Vyne
No. D-19-2, Residensi Vyne, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-13A-02, Residensi Vyne Sungai Besi, No 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne
No. A-05-01, Residensi Vyne, Jalan 1/108D, Taman Sungai Besi, 57100 Kuala Lumpur
Residensi Bandar Razak
No. A2-33-03, Residensi Bandar Razak, No 1, Jalan Razak Mansion, 57100 Sungai Besi, Kuala Lumpur
Residensi Vyne Sungai Besi
No. D-8-3A, 8th Floor, Block D, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Residensi Vyne
No. C-20-2, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Vyne
No. D-19-03, Blok D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Popular developments in Sungai Besi
How to Buy an Auction Property in Sungai Besi
- 1Shortlist properties
Browse auction listings in Sungai Besi, 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 · Sungai Besi
How many auction properties are there in Sungai Besi?+
There are currently 15 bank auction (lelong) properties in Sungai Besi, Kuala Lumpur, updated regularly.
How much below market are Sungai Besi auction properties?+
Reserve prices in Sungai Besi are typically 10-40% below market value, even lower for properties auctioned several times.
Can I get a loan for a lelong property in Sungai Besi?+
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 Sungai Besi?+
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 Sungai Besi?+
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 Sungai Besi?+
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.