1291 Rumah Lelong Apartment / Condo · Bank Auction Properties
Explore bank auction apartments and condos in Kuala Lumpur and Selangor, where the urban pulse meets suburban convenience. This is a prime region for investors, first-home buyers, and upgraders, offering everything from high-rise city pads to sprawling condo communities. Bank auction properties often start with reserve prices 10-40% below market value, and units that have been passed in or relisted can be even cheaper, a smart way to unlock serious savings. The process is straightforward: register your interest, pay the 10% deposit, and bid on auction day. With a wide selection available, you can find a great deal without the usual market competition. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Residensi Lux Pusat Perniagaan Metacity
No. A-06-01, Residensi Lux Pusat Perniagaan Metacity, Jalan Atmmosphere Utama 2, Bandar Putra Permai, 43300 Seri Kambangan, Selangor
D'Haven Condominium
No. 12aB-5, Block В, D'Haven Condominium, Lorong Tenggiri 1A, Off Jalan Mohd Yamin, 41100 Klang, Selangor
Cyberia Smarthomes
No. A1-11-5, Block A1, Cyberia Smarthomes, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Residensi Palmera
No. A-20-03, Residensi Palmera, Laman Puteri 3, Bandar Puteri Bangi, 43000 Kajang, Selangor
Residensi Zamrud
No. C-09-25, Block C, Jalan Zamrud 1, Residensi Zamrud, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Melur
No. A-14-1, Blok A, Pangsapuri Melur, Jalan 2/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Residensi Adelia 3
No. D-24-11, Block D, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi O'Hako
No. A-10-12, Blok A, Residensi O'Hako, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
Permata Residence
No. BB-6-01, Block B, Permata Residence, Jalan Suria 7, 43000 Kajang, Selangor
Residensi Unggul Kepong
No. B-10-15, Residensi Unggul Kepong, No. 5, Jalan Vista Mutiara 1, Kepong Baru, 52000 Kuala Lumpur
Mid Valley City
No. A-17-6, Aras 17, Northpoint Residences, Medan Syed Putra Utama, Mid Valley City, 59200 Kuala Lumpur
Gardenview Residence
No. C-8-6, Gardenview Residence, Cyber 12, 63000, Cyberjaya, Selangor
The Parque Residences
No. B-16-02, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500 Telok Panglima Garang, Selangor
A-3A-02
No, A-3A-02, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500, Telok Panglima Garang, Selangor
Condominium Elaeis 1
No. 10-1-20, Blok 20, Condominium Elaeis 1, Jalan Bait U8/1, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Residensi Hijauan
No. A1-16-02, Residensi Hijauan, No. 4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Plaza Mont' Kiara
No. E-07-14, Block E, Plaza Mont' Kiara, No. 2, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Desa Cahaya Condominium
No. D-04-02, Desa Cahaya Condominium, No. 202, Jalan Ampang, 50450 Kuala Lumpur
J Dupion
No. A-29-02, J Dupion, Jalan Sembilang, 56000, Kuala Lumpur
Casa Kiara
No. B-19-3, Casa Kiara (BLK-B), Jalan Kiara 3, 50480 Mont Kiara, Kuala Lumpur
Solaris Dutamas
No. B1-12-3A, Solaris Dutamas, Jalan Dutamas 1, 50480 Kuala Lumpur
Residensi Riverville
No. A-23A-05, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Tebing Selatan
No. B-29-3A, Tingkat 29, Blok B, Residensi Tebing Selatan, No. 179, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Vyne
No. D-19-2, Residensi Vyne, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
How to Buy an Auction Property in Malaysia
- 1Shortlist properties
Browse auction listings in Malaysia, 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 · Apartment / Condo
How many auction properties are there in Malaysia?+
There are currently 1291 bank auction (lelong) properties in Malaysia, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Malaysia?+
Reserve prices in Malaysia are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Malaysia?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Malaysia?+
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 Malaysia?+
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.