700 Rumah Lelong Petaling Jaya · Bank Auction Properties
Discover a wide selection of bank auction properties in Petaling Jaya, Selangor, a vibrant city known for its mix of commercial hubs and leafy residential neighborhoods. Whether you're a first-home buyer or an investor, these auction houses offer homes and condos at reserve prices often 10-40% below market value, making it a smart path to affordable homeownership. Shopping for a lelong property means you can register, pay a 10% deposit, and bid on auction day to secure a great deal. For the latest auction dates, reserve prices, and guidance on the bidding process, contact Peter Tan today.
Metropolitan Square
No. C-3A-10, 4th Floor, Block C, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pelangi Damansara
No. PS-10-01, Blok Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800, Petaling Jaya, Selangor
Armanee Condominium
No. B-5-15, Block B, Armanee Condominium, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Tropicana Avenue
No. A-08-13, Block A, Tropicana Avenue, No. 12, Persiaran Tropicana Golf & Country Resort, PJU 3, 47410 Petaling Jaya, Selangor
Armanee Condominium
No. B-3A-12, 4th Floor, Block B, Armanee Condominium, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Tower B
No. B-30-12, Tower B, Emporis, Persiaran Surian, Kota Damansara, 47810 Petaling Jaya, Selangor
5th Floor
No. G-5-3A, 5th Floor, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Residensi Idaman Awan
No. 20-08, Residensi Idaman Awan (The Arcuz), Jalan PJU 1A/4F, 47301 Petaling Jaya, Selangor
Kondo Sri Manja Court
No. E-1-3 (Developer's Parcel No. SMC/E/1-3), Kondo Sri Manja Court, Jalan PJS 3/40, Taman Sri Manja, 46000 Petaling Jaya, Selangor
Residensi Idaman Aman
No. 16-08, Residensi Idaman Aman (The Arcuz), Jalan PJU 1A/4F, 47301 Petaling Jaya, Selangor
Pusat Perdagangan Icon City
No. T3A-8-18 (On Site is No. 08-18), Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
Maisson Residence
No. B1-06-02, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301, Petaling Jaya, Selangor
Pelangi Astana
No. PA-13A-11, Pelangi Astana, Jalan PJU 6, Persiaran Surian, Petaling Jaya, Selangor
Metropolitan Square
No. A-17-07, Block A, Metropolitan Square, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Residensi Heliks
No. A-03-09, Residensi Heliks, Jalan PJS 5/27, Pusat Dagangan Petaling Jaya Selatan, 46150 Petaling Jaya, Selangor
Pacific Place @ Ara Damansara
No. A-3A-15, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Metropolitan Square
No. C616, Block Centre Wing, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Residensi Puri Damai
No. B-45-3A, Residensi Puri Damai, Sentral Damansara, Jalan PJU 8/8B, Damansara Perdana, 47820 Petaling Jaya, Selangor
Dataran Cascades
No. A-3-13, Tingkat 3, Block A, Dataran Cascades, No. 13A, Jalan PJU 5/1, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor
Palm Spring @ Damansara
No. C-318, PJU 3/29, Palm Spring @ Damansara, 47810, Petaling Jaya, Selangor
Palm Spring @ Damansara
No. C-712, Block C, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Residensi Suasana @ Damai
No. C-07-03, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Pelangi Utama
No. A-17-6, Block A, Pelangi Utama, Jalan Masjid, PJU 6A, 47400 Petaling Jaya, Selangor
Condominium
No. A-05-22A, Block A, One Damansara, Condominium, No. 1 Jalan PJU 10/3C, 47830 Damansara Damai, Petaling Jaya, Selangor
Popular developments in Petaling Jaya
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
How many auction properties are there in Petaling Jaya?+
There are currently 700 bank auction (lelong) properties in Petaling Jaya, Selangor, updated regularly.
How much below market are Petaling Jaya auction properties?+
Reserve prices in Petaling Jaya are typically 10-40% below market value, even lower for properties auctioned several times.
Can I get a loan for a lelong property in Petaling Jaya?+
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 Petaling Jaya?+
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 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.