58 Apartment / Condo for Sale by Auction (Lelong) in Puchong, Selangor
Puchong in Selangor is a vibrant suburban hub with a high concentration of modern apartments and condominiums, making it a prime location for homebuyers and investors looking for value. Through a bank auction, you can find these properties at reserve prices often 10-40% below market value, and units that have been listed multiple times can be even cheaper. This is a smart way to secure a home or investment in Puchong's competitive market. The auction process is straightforward: register, pay a 10% deposit, and bid on auction day. For a large selection of Puchong apartments and condos for sale via auction, contact Peter Tan to learn about upcoming auction dates, reserve prices, and the bidding process.
50 apartment / condo lots sold at auction in Puchong in the last 12 months, median sold price RM 403,000, 48% at exactly the reserve. See sold prices
Pangsapuri Sri Cempaka
No. A502, Blok A, Pangsapuri Sri Cempaka, Jalan Merbuk, Bandar Puchong Jaya, 47100 Puchong, Selangor
Pangsapuri Impian Heights
No. A-6-6, Blok A, Pangsapuri Impian Heights, Off Jalan Pipit, Bandar Puchong Jaya, 47170, Puchong, Selangor
Lake Haven Residence
No. A-16-5, Block A, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Pangsapuri Seri Utama
No. C-19-4, Pangsapuri Seri Utama, Jalan Puchong Utama 6, Taman Puchong Utama, 47140 , Selangor
Lake Haven Residence
No. D-11-12, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Kenanga Apartment
No. 6C-07-06, Blok C, Kenanga Apartment, Jalan Wawasan 2/3, Pusat Bandar Puchong, 47100, Puchong, Selangor
Saville D'Lake
No. 10-09, Saville D'Lake, Jalan Saville, 47130 Puchong, Selangor
Koi Tropika
No. B-01-10, Blok Ogon, Jalan Puchong Batu 13 1/2, Koi Tropika, 47100, Puchong, Selangor
Koi Tropika
No. A-06-01, Blok Asagi, Koi Tropika, Jalan Puchong Batu 13 1/2, 47100, Puchong, Selangor
Koi Tropika Serviced Condimunium
No. B-10-10, Koi Tropika Serviced Condimunium, Jalan Puchong, Batu 13 1/2, 47100, Puchong, Selangor
How to Buy an Auction Property in Puchong
- 1Shortlist properties
Browse auction listings in Puchong, 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 · Puchong Apartment / Condo
What do apartment / condo auctions in Puchong actually sell for?+
50 apartment / condo lots sold at auction in Puchong in the last 12 months, median sold price RM 403,000, 48% at exactly the reserve. Every transaction is listed on the BidNest sold-prices page.
How many apartment / condo auctions are there in Puchong?+
There are currently 58 bank auction (lelong) apartment / condo listings in Puchong, Selangor, updated regularly.
How much below market are Puchong apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Puchong are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Puchong?+
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 Puchong?+
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 Puchong?+
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.