5267 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.
Shorea Park Residence 1
No. MA-20-16, Shorea Park Residence 1, Jalan SP1, Shorea Park, 47120 Puchong, Selangor
Mutiara Ville
No. G-3-2A, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Puteri Bayu
No. B-13-01, Blok B, Pangsapuri Puteri Bayu, Jalan Puteri 11/1, Bandar Puteri, 47100, Puchong, Selangor
Casa Embun
No. A-11-16, Block A, Casa Embun, Jalan CE 1, Cybersouth , 43800 Dengkil, Selangor
Pangsapuri Palma Perak
No. 116, Block B, Pangsapuri Palma Perak, Jalan Cecawi 6/6, Seksyen 6, Kota Damansara, 47810 Petaling Jaya, Selangor
Pangsapuri Seri Baiduri
No. 03-08-05, Pangsapuri Seri Baiduri, Jalan Setia Gemilang U13/47, 40170 Shah Alam, Selangor
Residensi Hijauan
No. B1-10-07, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Green Suria Apartment
No. C5-01, Block C, Green Suria Apartment, Jalan Green Suria, 43300 Seri Kembangan, Selangor
Banjaria Court
No. A-9-3, Banjaria Court, Jalan Samudera Timur, 68100 Batu Caves, Selangor
Fairville Apartment
No. A-5-7, Fairville Apartment, Jalan USJ 22/1, 47630, UEP Subang Jaya, Selangor
Pangsapuri Tropicana Aman 1
No. C-11-08, 11th Floor, Block C, Pangsapuri Tropicana Aman 1, Jalan Aman Simfoni 1, Bandar Tropicana Aman, 42500 Telok Panglima Garang, Selangor
Tower A
No. A-23-6, Tower A, Amerin Residence, Persiaran Impian Indah, 43300 Seri Kembangan, Selangor
Residensi Adelia 2
No. D-18-13, Block B, Residensi Adelia 2, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residence Amara
No. C-14-01, Blok C, Residence Amara, Jalan Raintree Utama, 68100 Batu Caves, Selangor
One Damansara Condominium
No. A-02-16, Block A, One Damansara Condominium, No. 1, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
One Soho
No. S-08-06, Block Sapphire, One Soho, Jalan Kemajuan Subang, 47500, Subang Jaya, Selangor
Pelangi Damansara
No. PS-13A-05, Block Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800 Petaling Jaya, Selangor
Residensi Adelia 4
No. A-17-08, Block A, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Adelia 4
No. A-21-06, Block A, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Adelia 4
No. D-30-04, Block D, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Adelia 3
No. C-10-03, Blok C, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Palm Spring @Damansara
No. E-410, Block E, Palm Spring @Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Pangsapuri Puncak Damansara
No. C-1307, Pangsapuri Puncak Damansara, Jalan Teratai, PJU 6, 47400, Petaling Jaya, Selangor
Residensi Adelia 3
No. D-24-02, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, 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 5267 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.