5512 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.
Vista Hijauan
No. C-20-07, Vista Hijauan, Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Kuchai Avenue
No. 1-20-05, Block 1, Kuchai Avenue, Jalan Kuchai Maju 13, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-51-13A, Residensi M Arisa Pelangi, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Residensi 99
No. B-12-03A, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
38 Bidara Serviced Apartment
No. 06-09/C1, 38 Bidara Serviced Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Menara Akasia @ Bandar Belia
No. A-L7-27, Menara Akasia @ Bandar Belia, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Mines Resort City
No. C-21-07, Block C, The Heritage, Jalan SB Dagang, Mines Resort City, 43300 Seri Kembangan, Selangor
Gravit8
No. A2-11-02, Blok A2, Gravit8, Jalan Bayu Laut/KS09, Kota Bayuemas, 41200 Klang, Selangor
Vista Alam
No. S1-13-12, Vista Alam, No. 3, Presint 4.5, Jalan Ikhtisas 14/1, Seksyen 14, 40000 Shah Alam, Selangor
Residensi M Astra
No. B-17-02, Residensi M Astra, No. 1, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Aspire Residence
No. 3-24-14, Blok 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Flexis One South
No. A2-17-12, Block A2, Flexis One South, Jalan OS 2, Taman Serdang Perdana, Section 6, 43300 Seri Kembangan, Selangor
Sphere Damansara
No. B13A-07, Block B, Sphere Damansara, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Menara Semarak
No. A-26-12, Menara Semarak, Jalan Ariza, Taman Raintree, Off Jalan Raintree Utama, 68100 Batu Caves, Selangor
Changkat View Kondominium
No. A-23A-08, Blok A, Changkat View Kondominium, Jalan Dutamas Raya, Off Jalan Segambut, 52100, Kuala Lumpur
Dian Residensi Persiaran Sukan
No. A-19-09, Dian Residensi Persiaran Sukan, Section 13, 40100 Shah Alam, Selangor
Sierra Residency
No. B05-11, Sierra Residency, Jalan BK 5B, Bandar Kinrara, 47180 Puchong, Selangor
Kelana Puteri Condominium
No. 508, Block D, Kelana Puteri Condominium, Jalan SS7/26, Taman Kelana Indah, 47301 Kelana Jaya, Petaling Jaya, Selangor
Tower A2
No. A2-08-03, Tower A2, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300, Kuala Lumpur, Kuala Lumpur
Apartment Putra 1
No. B4-14-5, Apartment Putra 1, (Apartment Putra Satu), Persiaran Seri Putra 2, Bandar Seri Putra, 43000 Kajang Selangor
Shorea Park Residence 1
No. A-21-11, Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Lake Haven Residence
No. C-18-12, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Suria Sungai Besi
No. C-13A-06, Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur.
Diamond Regency
No. 09-03A, Diamond Regency, Jalan 3/50, Off Jalan Gombak, 53300 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 5512 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.