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.
Taman Medan Cahaya
No. E-10-06, Taman Medan Cahaya, Jalan PJS 2C/2, 46000 Petaling Jaya, Selangor
Flora Damansara
No. B-23-22A, Blok B, Flora Damansara, No. 1, Jalan Pju 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Empire Damansara
No. B-25-13, Blok Empire Studio, Empire Damansara, No. 2, Jalan PJU 8/8A, Damansara Perdana, 47820 Petaling Jaya, Selangor
Desa Mentari
No. B5-11-55, Blok 5, Jalan PJS 6/5A, Desa Mentari, 46000, Petaling Jaya, Selangor
Pangsapuri Lagoon Perdana
No. 6-06-08, Jalan PJS 9/1, Pangsapuri Lagoon Perdana, Bandar Sunway, 46150 Petaling Jaya, Selangor
Taman Medan Cahaya
No. G-14-09, Blok G, Taman Medan Cahaya, Jalan PJS 2C/2, 46000 Petaling Jaya, Selangor
Pangsapuri Milia
No. 508, Block 9, Pangsapuri Milia, Jalan Nuri 7/1b, Seksyen 7, Kota Damansara, Pju 5, 47810 Petaling Jaya, Selangor
Crown Tower
No. E-23A-12, Block E, Crown Tower, Empire City Damansara, Jalan Damansara, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Desa Mentari 2
No. B9-2-24, Block 9, Jalan PJS 2B/1, Desa Mentari 2, 46150, Petaling Jaya, Selangor
Flat Medan Cahaya
No. E-6-11, Flat Medan Cahaya, Jalan PJS 2C/2, Taman Medan Cahaya, 46000 Petaling Jaya, Selangor
Gugusan Siantan
No. 1-3-11, Blok 1, Gugusan Siantan, Jalan Sepah Puteri 5/7, Kota Damansara, 47810, Petaling Jaya, Selangor
Gugusan Semarak
No. 10-4-16, Block 10, Gugusan Semarak, Jalan Camar 4/1, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Desa Mentari 2
No. B10-11-09, Block 10, Jalan PJS 2B/1, Desa Mentari 2, 46000 Petaling Jaya, Selangor
Taman Medan Cahaya
No. E-06-02, Blok E, Taman Medan Cahaya, No. 49, Jalan PJS 2C/2, 46000, Petaling Jaya, Selangor
E-19-03
No, E-19-03, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Menara C
No. C-06-01, 6th Floor, Menara C, PJ Centrestage, No. 1, Jalan 13/1, Seksyen 13, 46100 Petaling Jaya, Selangor
F-17-12A
No, F-17-12A, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Menara Halo
No. A-20-02, Menara Halo (Menara A), Empire City, No. 8, Jalan Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Taman Medan Cahaya
No. A-08-04, Block A, Taman Medan Cahaya, No. 49, Jalan Pjs 2c/2, 46000, Petaling Jaya, Selangor
Permai Apartment
No. G-217, Block G, Permai Apartment, No.13, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Taman Medan Cahaya
No. A-06-03, Block A, Taman Medan Cahaya, No. 49, Jalan Pjs 2c/2, 46000, Petaling Jaya, Selangor
Desa Mentari
No. B5-7-13, Block 5, Jalan PSJ 6/5B, Desa Mentari, 46000 Petaling Jaya, Selangor
Gugusan Tanjung
No. 3-1-4, Gugusan Tanjung, Jalan Cecawi 6/19, Kota Damansara, Petaling Jaya, Selangor
Pangsapuri Lagoon Perdana
No. 6-08-12, Pangsapuri Lagoon Perdana, Jalan Pjs 9/1, Bandar Sunway, 46150 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.