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.
Laman Villa
No. C-1-11, Block C, Laman Villa, Jalan Taman Bandar Senawang 4, Taman Bandar Senawang, 70450 Seremban, Negeri Sembilan
Teratai Mewah Condominium
No. 56-2-6, 2nd Floor, Block 56, Teratai Mewah Condominium, Jalan Langkawi, 53000 Kuala Lumpur.
Selangorku PR1MA Lakefront Homes
No. B-03-13, Block B, Selangorku PR1MA Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri De Kiara
No. DK01-11-06, Pangsapuri De Kiara, No. 4, Persiaran Setia Makmur, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Savanna Executive Suites
No. A2-23-17, Savanna Executive Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Residensi Anggerik Wira
No. 12-01, Residensi Anggerik Wira, Jalan Sungai Tekali, 43100 Hulu Langat, Selangor
Selangorku PR1MA Lakefront Homes
No. D-12-17, Block D, Selangorku PR1MA Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
The Scott Garden Soho
No. B-22-32, Blok B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
Endah Regal Condominium
No. B-9-6, Block B, Endah Regal Condominium, Jalan 3/149e, Taman Seri Endah, 57000, Kuala Lumpur
Pangsapuri Vista Sri Tanjung
No. A-8-11, Blok A, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500, Semenyih, Selangor
Tower A
No. A-11-05, Tower A, Amerin Residence, Jalan Impian Indah, Taman Impian Indah, 43300, Seri Kembangan, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-30-3, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Parklane OUG Service Apartment
No. D1-25-1, Block D, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-11-8, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Jalan Khoo Teik Ee
No. 4B, Jalan Khoo Teik Ee, Off Jalan Imbi, 55100 Kuala Lumpur
Residensi MH Platinum 2
No. C-29-13A, 29th Floor, Block C, Residensi MH Platinum 2, No. 12, Jalan Usahawan 6, Setpak Jaya 2, 53200 Kuala Lumpur
Parklane OUG Service Apartment
No. C2-7-8, Parklane OUG Service Apartment, Block C2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Midah Ria Condominium
No. 16-19-03, 19th Floor, Block 16, Midah Ria Condominium, Jalan Midah 8, Taman Midah, Cheras, 56000 Kuala Lumpur
Bukit Pandan 2
No. C-15-1, Block C (Blok Naluri), Bukit Pandan 2, Jalan 1/91B, Pandan Perdana, 55300 Kuala Lumpur
Pangsapuri Melur
No. A-14-1, Blok A, Pangsapuri Melur, Jalan 2/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Regalia Service Apartment
No. B-19-05, Regalia Service Apartment, Blok B, No. 2, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Kondominium Teratai Mewah
No. 54-5-9, Kondominium Teratai Mewah, Blok 54, Jalan Langkawi, Taman Teratai Mewah, 53000 Gombak, Kuala Lumpur
Bayu Tasik 2 Condominium
No. C-G-3, Ground Floor, Block C, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Residensi Neksus Kajang
No. C-15-13, Residensi Neksus Kajang, Jalan Bukit Kajang, Taman Bukit, 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 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.