Malaysia Bank Auction Market Report: Clearance Rates & Bid Premiums
What actually happens at Malaysian bank auctions, measured from 7,820 auctions actually held between 2025-07-02 and 2026-09-17 across Kuala Lumpur, Selangor, Negeri Sembilan and Putrajaya. Only 45.2% of auctions end in a sale, and half of those that do sell go for exactly the reserve price with no competing bid. This report is recomputed from BidNest’s own auction records and is free to cite with attribution.
Last recomputed: 2026-09-21 · 7,820 auctions · 2025-07-02 → 2026-09-17
Rates below cover the 7,820 auctions that actually went under the hammer. A further 5,390 listed auctions (40.7%) were called off and 47 postponed before their sale date; these are counted separately, never as unsold lots.
Key findings
Clearance rate by auction round
A property at its first auction almost never sells. Each unsold round lowers the reserve and lifts the odds, which is why patient buyers watch the later rounds.
| Segment | Clearance rate | Median premium | Median reserve | Auctions |
|---|---|---|---|---|
| 1st auction | 12.6% | At reserve | RM300,000 | 1,138 |
| 2nd auction | 31.6% | At reserve | RM360,000 | 1,245 |
| 3rd auction | 41% | At reserve | RM332,100 | 1,265 |
| 4th auction | 55.1% | At reserve | RM278,000 | 1,242 |
| 5th round or later | 61.4% | +0.5% | RM214,000 | 2,928 |
How much above reserve do winning bids go?
The median winning bid is exactly the reserve price. Competition is the exception, not the rule.
| Segment | Share of sales | Auctions |
|---|---|---|
| Exactly at reserve price | 51.3% | 1,788 |
| 0-5% above reserve | 10.8% | 375 |
| 5-15% above reserve | 20.5% | 716 |
| 15-30% above reserve | 14.2% | 494 |
| More than 30% above reserve | 3.2% | 111 |
By property type
| Segment | Clearance rate | Median premium | Median reserve | Auctions |
|---|---|---|---|---|
| Apartment / Condo | 46.9% | At reserve | RM250,900 | 6,143 |
| Shop Office | 36.3% | At reserve | RM277,100 | 830 |
| Terrace House | 42.6% | +1.1% | RM333,900 | 686 |
| Semi-Detached | 38.3% | +0.7% | RM838,350 | 133 |
By state
| Segment | Clearance rate | Median premium | Median reserve | Auctions |
|---|---|---|---|---|
| Selangor | 43.5% | At reserve | RM226,800 | 5,489 |
| Kuala Lumpur | 51.5% | +1.5% | RM365,000 | 1,970 |
| Negeri Sembilan | 37.2% | At reserve | RM151,700 | 358 |
By reserve price bracket
| Segment | Clearance rate | Median premium | Auctions |
|---|---|---|---|
| RM300,000 - RM500,000 | 41.8% | +0.9% | 2,312 |
| RM200,000 - RM300,000 | 46.4% | +0.7% | 2,057 |
| RM100,000 - RM200,000 | 54.8% | At reserve | 1,552 |
| Above RM500,000 | 36.8% | At reserve | 1,268 |
| Up to RM100,000 | 47.1% | At reserve | 631 |
Quarterly trend
| Segment | Clearance rate | Median premium | Median reserve | Auctions |
|---|---|---|---|---|
| 2025-Q3 | 83.6% | At reserve | RM264,100 | 848 |
| 2025-Q4 | 76.8% | At reserve | RM252,450 | 906 |
| 2026-Q1 | 73.8% | At reserve | RM259,200 | 885 |
| 2026-Q2 | 44% | At reserve | RM265,800 | 1,792 |
2026-Q3 is still in progress and is excluded from the trend above.
Frequently Asked Questions
What percentage of bank auction (lelong) properties in Malaysia actually sell?
Across 7,820 auctions actually held and tracked by BidNest (2025-07-02 to 2026-09-17), the overall clearance rate is 45.2%. Only 12.6% clear at the 1st auction, rising to 61.4% by the 5th round or later, so most properties sell only after several failed rounds.
Do lelong properties get cheaper after failed auction rounds?
Yes. Each failed round typically cuts the next reserve price by about 10%. Clearance also climbs round by round: 12.6% at the 1st auction, 31.6% at the 2nd auction, and 61.4% by the 5th round or later. Most sales happen from the third round onward.
How much above the reserve price do winning bids usually go in Malaysia?
Usually not much: 51.3% of sales close at exactly the reserve price, and the median premium is 0%. Only well-located, hotly contested lots get bid up significantly.
Can I cite this auction data, and where does it come from?
Yes. The data comes from BidNest’s own resolved auction records covering Kuala Lumpur, Selangor, Putrajaya and Negeri Sembilan, published under CC BY 4.0. Just credit bidnest.my as the source.
Further reading
Method and limitations
- Data comes from BidNest’s own record of Malaysian bank auctions across Kuala Lumpur, Selangor, Negeri Sembilan and Putrajaya, limited to auctions that have a recorded outcome. Properties not yet auctioned, or whose result has not been published, are excluded from every rate.
- The clearance-rate denominator counts only auctions that actually went under the hammer (sold or unsold). Auctions called off before the sale date, usually because the borrower settled, and postponed auctions are reported separately and never counted as unsold lots.
- "Sold" follows the auctioneer’s own result flag. Premium = (sale price − reserve price) ÷ reserve price.
- Every headline figure is a median, not a mean: a handful of sales land more than 1000% above reserve and would distort an average beyond usefulness.
- Any breakdown with fewer than 30 auctions is withheld rather than published as a misleading percentage.
- Auction round is inferred from the number of prior auction records held for that property, so rounds that occurred before our coverage began may be undercounted.
- BidNest is a listing platform, not a bank or auctioneer. These figures are guidance, not investment advice.