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.
7 Tree Seven Residence
No. A-9-6, Blok A, 7 Tree Seven Residence, Jalan Cuepacs 3, Taman Koperasi Cuepacs, 43000 Kajang, Selangor
Kenwingston Residence
No. B1-35-01, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000, Cyberjaya, Selangor
Cyberia Smarthomes A
No. A3-11-8, Cyberia Smarthomes A, Cyberia, Cyber 11, 63000 Cyberjaya, Selangor
Menara D @ Bandar Belia
No. D-L11-03, Menara D (Dahlia) @ Bandar Belia, Jalan Bandar Belia 1/3, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Bayu Temiang Residensi
No. C-3-3, Block Camelia, Bayu Temiang Residensi, Jalan Bayu, 70200 Seremban, Negeri Sembilan
Kenanga Point Condominium
No. A-24-8, Block A, Kenanga Point Condominium, Jalan Gelugor, Off Jalan San Peng, 55200, Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. C-15-06, Blok C, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100 Kuala Lumpur
Parklane OUG Service Apartment
No. C1-30-13A, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
PPA1 Bukit Jalil
No. B-13A-08, PPA1 Bukit Jalil, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Central Residence @ Suria Sg. Besi
No. C-13A-06, Central Residence @ Suria Sg. Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Pangsapuri Sri Jati Ii
No. B-3-6, Blok B, Pangsapuri Sri Jati Ii, Jalan Seri Jati, Taman Sri Jati, 58200, Kuala Lumpur
Lakefront Residence
No. T3-10-06, Lakefront Residence, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Sensory Residence
No. B-29-09, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Residensi M Astra
No. A-23A-11, Residensi M Astra, No. 1, Jalan Usahawan 6, 53200 Setapak, Kuala Lumpur
Menara Sri Damansara
No. B12-6, Block B, Menara Sri Damansara, Jalan Margosa SD 10/1E, 52200, Bandar Sri Damansara, Petaling Jaya, Selangor
Angkasa Condominium
No. B-23A-12, Blok B, Angkasa Condominium, No. 5, Jalan Puncak Gading, Taman Connaught, 56000 Cheras, Kuala Lumpur
Residensi Majestic
No. 28-18, Residensi Majestic, No. 8, Jalan Dewan Sultan Sulaiman 3, 50300 Kuala Lumpur
Residensi Suasana @ Damai
No. C-17-12, Residensi Suasana @ Damai, Damansara Damai, 47830 Petaling Jaya, Selangor
Tower A
No. A-21-15, Tower A, Suite Dex (Menara A), Jalan 3/18A, Taman Mastiara, 51200 Kuala Lumpur
Pangsapuri Mawar
No. B-21-9, Pangsapuri Mawar, Jalan 7/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Boulevard Serviced Apartment
No. J-23A-3A, Block J, Boulevard Serviced Apartment, Pusat Komersial Jalan Kuching, No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Puncak Sentul
No. C-26-18, Puncak Sentul, No.8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Pearl Point Condominium
No. A-25-03, Block A, Pearl Point Condominium, Jalan Sepadu 3, Batu 5, Off Jalan Klang Lama, 58200 Kuala Lumpur
Anggunpuri Condominium
No. 19-2, 19th Floor, Anggunpuri Condominium, No. 32, Jalan Dutamas Raya, Off Persiaran Dutamas, 51200, 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.