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 Jaya Apartment
No. C-04-19, 4th Floor, Block C, Taman Medan Jaya Apartment, No. 2A, Jalan PJS 2/1, Taman Medan Jaya, 46000 Petaling Jaya, Selangor
Gugusan Semarak
No. 1-4-12, Block 1, Gugusan Semarak, Jalan Camar 4/1, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Taman Medan Cahaya
No. H-01-08, Block H, Jalan PJS 2c/2, Taman Medan Cahaya (Fasa 2), 46000 Petaling Jaya, Selangor
Apartment Taman Medan Jaya
No. C-6-16, Block C, Apartment Taman Medan Jaya, No. 2A, Jalan PJS 2/1, Petaling Jaya, Selangor
Taman Medan Cahaya
No. C-13-09, Block C, Jalan PJS 2C/2, Taman Medan Cahaya, 46000 Petaling Jaya, Selangor
Pangsapuri Desa Perangsang
No. A-4-09, Block A, Pangsapuri Desa Perangsang, Jalan PJS 3/52, Taman Medan, 46150 Petaling Jaya, Selangor
Desa Mentari 2
No. B10-13-30, Block 10, Jalan PJS 2B/1, Desa Mentari 2, 46150 Petaling Jaya, Selangor
Taman Desaria
No. 104, Blok M, Jalan PJS 5/18, Taman Desaria, 43500 Petaling Jaya, Selangor
Pangsapuri Petaling Perdana
No. G-01-03, Block G, Pangsapuri Petaling Perdana, Jalan Pjs 1/21, Taman Petaling Utama, 46150 Petaling Jaya, Selangor
Metropolitan Square
No. D-S-3A-12, Jalan PJU 8/1, Metropolitan Square, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Indah Condominium
No. B-4-16, Indah Condominium, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Sri Manja Square 1
No. 31-5, Block F, Sri Manja Square 1, Jalan PJS 3/48, Taman Sri Manja, 46000 Petaling Jaya, Selangor
Desa Mentari 2
No. B10-15-01, Blok 10, Jalan PJS 2B/1, Desa Mentari 2, 46150, Petaling Jaya, Selangor
Flora Damansara
No. H-23-19, Block H, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Desa Mentari 3
No. 11-07-21, Blok 11, No. 22, Jalan PJS 2D/1, Desa Mentari 3, 46000, Petaling Jaya, Selangor
Tower G
No. G-15-29, Tower G, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Flora Damansara
No. F-09-01, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pelangi Damansara
No. C-19-6, Blok C (Cempaka), Pelangi Damansara, Persiaran Surian, PJU 6, 46200, Petaling Jaya, Selangor
Pelangi Damansara
No. B-06-1, Block B (Raya), Pelangi Damansara, PJU 6, Persiaran Surian, 47800 Petaling Jaya, Selangor
Desa Mentari
No. B3-7-4, Block 3, Jalan PJS 5/12, Desa Mentari, 46000 Petaling Jaya, Selangor
Desa Mentari 2
No. B10-1-20, Block 10, Jalan Pjs 2b/1, Desa Mentari 2, 46150, Petaling Jaya, Selangor
Gugusan Semarak
No. 6-2-8, Block 6, Gugusan Semarak, Jalan Camar 4/1, Kota Damansara, 47810 Petaling Jaya, Selangor
Apartment Idaman
No. C-G06, Blok C, Apartment Idaman, No. 9, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Gugusan Cempaka
No. 2-1-11, Gugusan Cempaka, Jalan Cecawi PSB 6/19, 47810, 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.