5357 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.
Emporis
No. F-16-05, Block F, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810 Petaling Jaya, Selangor
The Tresor @ Gravit8
No. C-27-13, The Tresor @ Gravit8, Jalan Bayu Laut 6/KS09, Kota Bayu Emas, Pandamar, 41200 Klang, Selangor
Suria Jaya
No. 13A-09, Suria Jaya, Jalan Padang Jawa, Seksyen 16, 40200 Shah Alam, Selangor
Pangsapuri Nadayu 801
No. E-17-03, Block E, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Taman Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Rampai II
No. B-23A-5, Residensi Rampai II, No. 2, Jalan Rejang 15, Setapak, 53300 Kuala Lumpur
Tower A
No. A-36-08, Tower A, Residensi M Astra, No.1, Jalan Usahawan 6, Setapak 53300 Kuala Lumpur
Residensi M Astra
No. A-39-15, Residensi M Astra, No. 1, Jalan Usahawan 6, 53200 Setapak, Kuala Lumpur
KLTS
No. D-9-11, Block D, KLTS, No.99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Pangsapuri Akasa
No. A-32-2, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor
Tower 1
No. T1-07-12, Tower 1, Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
6th Floor
No. C-6-4, 6th Floor, Block C, Warisan Cityview, Jalan 3/93A, Off Batu 2 1/2, Jalan Cheras, 56100, Kuala Lumpur
Edusentral
No. S-26-03, Block S, Edusentral, No. 1, Jalan Setia Murni U 13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Anjung Villa Condominium
No. A-1-11, Anjung Villa Condominium, No. 47, Jalan 1/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Pangsapuri Servis Desa Sentul
No. 22-10, Pangsapuri Servis Desa Sentul, No. 10, Jalan Sentul Perdana, Sentul 51000 Kuala Lumpur
Residensi 1 Utara
No. A-21-10, Block A, Residensi 1 Utara (Lakepark Residence @ KL North), Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur.
Residensi M Arisa Pelangi
No. A-50-02, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
188 Suites
No. B-36-03, 188 Suites, No. 10 Jalan Cendana, 50250 Kuala Lumpur
Dsara Sentral
No. SA2-20-1, Dsara Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Tower A
No. A-13-02, Tower A, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Verdi Residence
No. 02-14-06, Verdi Residence, Symphony Hills, Persiaran Bistari, Cyber 9, 63000 Cyberjaya, Selangor
Menara A
No. AS-01-05, Menara A, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Pangsapuri Damai Vista
No. B-17-06, Block B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000, Kuala Lumpur
Pangsapuri Azaria
No. A-2-2, Pangsapuri Azaria, Jalan Delima 9/KS09, Bandar Parklands, 41200 Klang, Selangor
Pangsapuri Melodi Perdana
No. MPB-19-20, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, 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 5357 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.