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.
H2O @ Ara Damansara
No. A-08-05, H2O @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Pusat Perdagangan Icon City
No. T2-13-13A, Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
HighPark Suites
No. N-12-13A, HighPark Suites, No. 1, Jalan SS6/7, Kelana Jaya, 47301 Petaling Jaya, Selangor
H2O @ Ara Damansara
No. C-12-16, H2O @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Verando Residence
No. B-13A-3A, Block B, Verando Residence, Jalan PJS 5/27, PJS 5, 46000 Petaling Jaya, Selangor
Azure Residensi
No. A-12-05, Azure Residensi, No. 1, Jalan SS7/26A, Kelana Jaya, 47301 Petaling Jaya, Selangor
Tower C
No. C-32-6, Tower C, Pacific Towers, Jalan 13/6, Section 13, 46200 Petaling Jaya, Selangor
Residensi 121
No. A-22-01, Block A, Residensi 121, Lorong Masjid 1, PJU6A, 47400 Petaling Jaya, Selangor
Residensi Sunway D'Hill
No. A-30-08, Block A, Residensi Sunway D'Hill, Persiaran Mahogani Kota Damansara PJU 5, 47810, Petaling Jaya, Selangor
Residensi Hijauan Rimba
No. B-41-15, Residensi Hijauan Rimba, No.1, Jalan PJU 8/8B, Sentral Damansara PJU 8, 47820 Petaling Jaya, Selangor
One Damansara Condominium
No. B-20-01, Block B, One Damansara Condominium, Jalan PJU 10/3C, Damansara Damai, Selangor
Verando Residence
No. B-27-15, Verando Residence, Jalan PJS 5/27, PJ Selatan Sentral, 46000 Petaling Jaya, Selangor
Residensi Dana 15
No. B-26-02, Residensi Dana 15 (AraTre’), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Menara YOLO
No. 33A-05, Menara YOLO, Yolo Signature Suites, Jalan PJS 8/6, PJS 8, Bandar Sunway, 46150 Petaling Jaya, Selangor
Dataran Sentral Damansara
No. B-25-3A, D'Terra Residences, Dataran Sentral Damansara, No. 3, Jalan PJU 8/8B, Sentral Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Casa Indah 2 Condominium
No. A-17-07, Block A, Casa Indah 2 Condominium, No. 2B, Persiaran Surian, Tropicana Resort Homes, PJU 3, Kota Damansara, 47810 Petaling Jaya, Selangor
H20 @ Ara Damansara
No. B-08-01, H20 @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Residensi Damai Meriah - The Zizz
No. B-28-13A, Block B (Bora), Residensi Damai Meriah - The Zizz, No. 2, Jalan PJU 10/1A, Damansara Damai, 47830 Petaling Jaya, Selangor
Kelana Mahkota Condo
No. B-01-08, Blok B, Kelana Mahkota Condo, No. 2, Jalan SS 7/19, 47301, Petaling Jaya, Selangor
Casa Tropicana Condominium
No. E-10-3, Block E, Casa Tropicana Condominium, No. 5, Jalan Persiaran Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor
Residensi Damai Meriah
No. A-11-13A, Block A (Aura), Residensi Damai Meriah (The Zizz), No. 2, Jalan PJU 10/1A, Damansara Damai, PJU 10, 47830 Petaling Jaya, Selangor
Perdana Emerald Condominium
No. 1-11-01, Perdana Emerald Condominium, Jalan PJU 8/3, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Cascades Residency
No. C-19-03, Block C, Cascades Residency, No. 13A, Jalan PJU 5/1, Kota Damansara, 47810 Petaling Jaya, Selangor
Azure Residensi
No. A-13A-13, Azure Residensi, Jalan SS 7/26a, Kelana Jaya, 47301 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.