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.
Tower B
No. B-36-06, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Pangsapuri Melodi Perdana
No. MPA-13-11, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Puncak Alam, Selangor
Parklane OUG Service Apartment - Blok E3
No. E3-10-10, Parklane OUG Service Apartment - Blok E3, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Le Jardine Condominium
No. Z-D-1, Le Jardine Condominium, Jalan Pandan Indah 26, Pandan Indah, 55100 Kuala Lumpur.
Apartment Putra Satu
No. B6-4-2, Apartment Putra Satu, Block B6, Putra 1, Bandar Seri Putra, 43000 Kajang, Selangor
Pelangi Damansara
No. D-19-12, 20, Blok D, (Dahlia), Pelangi Damansara, Persiaran Surian, PJU 6, 47800, Petaling Jaya, Selangor
Menara Penaga
No. B-10-05, Menara Penaga, Jalan Ariza, Taman Raintree, 68100, Batu Caves, Selangor
Apartment Putra Satu
No B2-G-26, Apartment Putra Satu, Bandar Seri Putra Kajang, 43000 Kajang Negeri Sembilan
Platinum Splendor Residensi Semarak
No. A-32-19, Block A, Platinum Splendor Residensi Semarak (Residensi Semarak Platinum), No. 4, Jalan Lestari, Kampung Padang Tembak, 54100 Kuala Lumpur
Residensi Lanai Bukit Jalil
No. 13-05, Residensi Lanai Bukit Jalil, Jalan 2/155A, Bukit Jalil, 57000 Kuala Lumpur
Monte Bayu Condominium
No. B-03A-15, 4th Floor, Block B, Monte Bayu Condominium, Jalan Pandan Bistari 5, 56100 Kuala Lumpur
28 Boulevard
No. D-20-19, 20th Floor, Block D, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Residensi The Edge
No. 24-25, Residensi The Edge, Persiaran Subang Indah, USJ 1, Subang Jaya, Selangor
Lake View Apartment
No. B-06-15, Block B, Lake View Apartment, Off Jalan Sungai Tua, Taman Jasa Perwira, 68100, Batu Caves, Selangor
Magna Ville Condominium
No. B13-11, Block B, Magna Ville Condominium, Jalan Selayang-Kepong, 68100 Batu Caves, Selangor
Residensi Emas
No. A-32-15, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Bayu Tasik 2 Condominium
No. B-20-3, Blok B, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Residensi Prima Alam Damai
No. B3-15-06, 15th Floor, Block B3, Residensi Prima Alam Damai, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Apartment Abdullah Hukum 1
No. 88-7-34, Apartment Abdullah Hukum 1, Kg Haji Abdullah Hukum, Off Jalan Bangsar, 59200 Kuala Lumpur
Residensi Bandar Razak
No. A2-11-10, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
The Scott Garden Soho
No. C-12-13, Block C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Menara Alpha Condominium
No. B-6-3, Menara Alpha Condominium, Jalan 4/27A, Wangsa Maju Seksyen 2, 53300 Kuala Lumpur
Apartment Abdullah Hukum 1
No. 88-11-03, Apartment Abdullah Hukum 1, Kampung Haji Abdullah Hukum, Off Jalan Bangsar, 59200 Kuala Lumpur
Silk Residence
No. 7-09, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200 Cheras, Selangor Darul Ehsan.
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.