1291 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-8-8, Tower B, Amerin Residence, Persiaran Impian Indah, Taman Impian Indah, 43300 Seri Kembangan, Selangor
Kondominium Puteri Palma
No. G-08-06, Kondominium Puteri Palma, Ioi Resort, 62502, Putrajaya, Selangor
Pangsapuri Akasa
No. B-26-9, Dua Puluh Enam (26), Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300, Seri Kembangan, Selangor
Palm Spring @ Damansara
No. F-1118, Blok F, Palm Spring @ Damansara, No. 1, Jalan Pju 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Le Jardine Deluxe
No. DT-B-8, Block DT, Le Jardine Deluxe, Jalan Pandan Indah 4/12, Pandan Indah, 55100 Kuala Lumpur
Rhythm Avenue
No. C27-02, Rhythm Avenue, Persiaran Kewajipan, Usj 19, 47630, Subang Jaya, Selangor
Marc Service Residence
No. B-05-10, 5th Floor, Block B, Marc Service Residence, No. 3, Jalan Pinang, 50450 Kuala Lumpur
Kondominium Tinggian Titiwangsa
No. A-23a-6, Kondominium Tinggian Titiwangsa (the Reach), Jalan Tiara Titiwangsa, No. 1, 53200, Kuala Lumpur
Residensi Duta Park
No. A-53-03, Residensi Duta Park, No. 11, Jalan Kuching 51200 Kuala Lumpur
The Cruise Residence
No. 08-03, The Cruise Residence, Jalan Puteri 7/1, Bandar Puteri, 47100, Puchong, Selangor
Richmond Kiara 3
No. 10-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Residensi Skyluxe
No. A-39-06, Residensi Skyluxe, No. 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000, Kuala Lumpur
Residensi Vivo
No. A-33A-03, Residensi Vivo, 9 Seputeh, No. 20, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Richmond Kiara 3
No. 11-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
Kiara Park Condominium
No. A6-1, Block A, Kiara Park Condominium, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Kiara Designer Suites
No. B-28-3, 28Th Floor, Block B, Kiara Designer Suites, No. 18, Jalan Kiara 3, Mont Kiara, 50480 Kuala Lumpur
Residensi Lakeville
No. E-17-07, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100, Kuala Lumpur
Residensi Parkhill
No. C-32-03a, Residensi Parkhill, Lebuhraya Bukit Jalil, Bukit Jalil, 57000, Kuala Lumpur
PV8 Platinum Hill Condominium
No. A-07-6, PV8 Platinum Hill Condominium, Block A, Jalan Melati Utama, Taman Melati Utama, 53100 Kuala Lumpur
Residensi Selingsing
No. 06-15, Residensi Selingsing, Jalan Selingsing, Taman City, 51200 Kuala Lumpur.
Residensi Mizumi
No. F-23A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
Titiwangsa Sentral
No. A1-13-5, Block A, Titiwangsa Sentral, Jalan Chemur, 50400 Kuala Lumpur
Tower A
No. A-08-13A, Tower A, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
M City
No. 1-27-06, Block 1, M City, Jalan Ampang, 50450 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 1291 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.