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.
Sri Suajaya Condominium
No. 202-7-1, Sri Suajaya Condominium, Jalan Kampung Bandar Dalam, 51100 Sentul, Kuala Lumpur
Residensi Vyne
No. C-20-2, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-13A-12, Parklane OUG Service Apartment, Block A2, Jalan 1/152, Taman OUG Parklane, Off Old Klang Road, 58200 Kuala Lumpur
Pangsapuri V-Residensi
No. B-3-13, Block B, Pangsapuri V-Residensi, Persiaran Selayang Heights, 68100 Batu Caves, Selangor
M Arisa Residences
No. A-36-06, M Arisa Residences, Jalan Sentul Pasar, 51000 Kuala Lumpur
Sunsuria Forum Residences
No. RS-10-3A, Sunsuria Forum Residences, No. 1, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Ampang Putra Residensi
No. A-08-01, Ampang Putra Residensi, Jalan Ampang Putra 6, 68000 Ampang, Selangor
Tower A
No. A-20-01, Tower A, Usj One, Persiaran Subang Permai, Usj 1, 47500 Subang Jaya, Selangor
Residensi Hijauan
No. B1-09-05, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Dynasty Garden Condominium
No. B-2-6, Block B, Dynasty Garden Condominium, Jalan Kuchai Maju 12, Kuchai Entreprenuers Park, 58200 Kuala Lumpur
Kondo Casa Idaman
No. B-16-15, Blok B, Kondo Casa Idaman, Jalan 1/12d, Kampung Batu Muda, 51100 Kuala Lumpur
Pangsapuri Se Ruang
No. A-23A-13, Pangsapuri Se Ruang, Jalan Eco Santuari 8/3, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Regalia Service Apartment
No. C-31-09, Regalia Service Apartment, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Dian Residency
No. A-26-11, Blok A, Dian Residency, Persiaran Sukan, Seksyen 13, 40100 Shah Alam, Selangor
Pangsapuri Akasia Residensi
No. 30-04, Pangsapuri Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Residensi Vyne
No. D-19-03, Blok D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
DK Impian
No. B-10-22, DK Impian, No. 3, Jalan Uranus U5/125A, Subang Pelangi, Seksyen U5, 40150 Shah Alam, Selangor
KL Traders Square
No. A-38-16, KL Traders Square, No. 99, Jalan Gombak, 53000 Setapak, Kuala Lumpur
Endah Regal Condominium
No. A-3-5, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57000 Kuala Lumpur
Metropolitan Square
No. A-12-11, Block A, Metropolitan Square, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Residensi Bukit Palma
No. 18-15, Jalan Bukit Palma 2, Residensi Bukit Palma, 43000 Kajang, Selangor
Mutiara Ville
No. G-08-03, Block G, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Metia
No. 13-23A, Pangsapuri Metia, No. 5, Persiaran Sukan, Seksyen 13, 40100 Shah Alam, Selangor
One Damansara
No. B-3A-10, Block B, One Damansara, No. 1, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
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.