507 Apartment / Condo for Sale by Auction (Lelong) in Petaling Jaya, Selangor
Petaling Jaya, Selangor's bustling hub of commerce and urban living, offers a wide selection of apartments and condos through bank auctions, a smart route to below-market homes. Auction house properties here often start at reserve prices 10, 40% lower than market value, with re-auctioned units potentially even cheaper, making them ideal for first-home buyers and investors alike. Buying a lelong property means researching listings, registering as a bidder, paying a 10% deposit on auction day, and placing your bid. For current auction dates and reserve prices on Petaling Jaya condos, reach out to Peter Tan to guide you through the process.
Mentari Court Apartment
No. C-1-6, Block C, Mentari Court Apartment, Jalan PJS 8/9, 46150 Petaling Jaya, Selangor
Residensi Rimbun Perkasa
No. 35-25, Residensi Rimbun Perkasa (D'Vine Residences), No. 8, Jalan PJU 8/8B, Sentral Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Mentari Court
No. D-10-16, Blok D, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court
No. E-05-24, Blok E (on-site is Tower E), Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court
No. A-14-23, Blok A (on-site is Tower A), Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Apartment Taman Medan Jaya
No. I-8-12A, Blok I, Apartment Taman Medan Jaya, Jalan Pjs 2/1, 46000 Petaling Jaya, Selangor
Flora Damansara
No. E-26-01, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Flora Damansara
No. H-07-16, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Mentari Court
No. B-11-2, Blok B, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court
No. E-15-09, Blok E, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Flora Damansara
No. F-08-19, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Flora Damansara
No. E-03A-22, Block E, Flora Damansara, No.1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Ritze Perdana 2
No. A-12-07, Block A, Ritze Perdana 2, No. 3, Jalan PJU 8/1, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Apartment Taman Medan Jaya
No. F-7-11, Block F, Apartment Taman Medan Jaya, No. 2A, Jalan PJS 2/1, 46000 Petaling Jaya, Selangor
Mentari Court
No. F-G-24, 1, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Residensi Rimbun Perkasa
No. 17-20, Residensi Rimbun Perkasa, No. 8, Jalan PJU 8/8B, Sentral Damansara, Jalan PJU 8, 47820 Petaling Jaya, Selangor
Desa Mentari 2
No. B10-13-13, Block 10, Jalan PJS 2B/1, Desa Mentari 2, 46150 Petaling Jaya, Selangor
Flora Damansara
No. F-02-19, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Metropolitan Square
No. D-01-03, 1st Floor, Block D, Metropolitan Square, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Mentari Court
No. A-17-05, Block A, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court
No. C-8-9, Block C, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Tower G)
No. G-11-04, Blok G, (on Site Is No. G-11-4, Tower G), Mentari Court, Jalan Pjs 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court Apartment
No. D-12-7, Blok D, Mentari Court Apartment, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Taman Sri Manja
No. 302, Blok E, Jalan PJS 3/55, Taman Sri Manja, 46000, Petaling Jaya, Selangor
How to Buy an Auction Property in Petaling Jaya
- 1Shortlist properties
Browse auction listings in Petaling Jaya, 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 · Petaling Jaya Apartment / Condo
How many apartment / condo auctions are there in Petaling Jaya?+
There are currently 507 bank auction (lelong) apartment / condo listings in Petaling Jaya, Selangor, updated regularly.
How much below market are Petaling Jaya apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Petaling Jaya are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Petaling Jaya?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Petaling Jaya?+
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 Petaling Jaya?+
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.