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.
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
Ivory Residence
No. C-19-08, Block C, Ivory Residence, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Cybersquare
No. D-26-13, Block D, Jalan Teknokrat 6, Cybersquare, Cyber 5, 63000, Cyberjaya, Selangor
Pangsapuri Damai
No. B-04-11, Blok B, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Endah Regal Condominium
No. C-1-1, Block C, Endah Regal Condominium, Jalan 3/149e, Taman Seri Endah, 57000, Kuala Lumpur
Residensi Suasana @ Damai
No. C-01-11, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Residensi Minest
No. B-10-17, Block B, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Villa Angsana Condominium
No. C-21-1, Block C, Villa Angsana Condominium, No. 56, Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur
Youth City
No. A-14-27, Block A, Youth City, Bandar Belia Bandar Wawasan, 71800 Nilai, Negeri Sembilan
The Tamarind
No. E1A-15-9, Block A, The Tamarind, Jalan Sentul Indah, Off Jalan Sentul, 51100 Kuala Lumpur
Putra Court
No. 10B-12-5, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Pangsapuri D'Rimba
No. E-2-03, Pangsapuri D'Rimba, No. 11, Jalan Kenyalang 11/14, Kota Damansara, 47810, Petaling Jaya, Selangor
Tower 2
No. T2-5-10, Tower 2, Skyvilla, Persiaran Utara, D'Island Residence, 47130 Puchong, Selangor
Residensi Semarak Platinum
No. C-30-09, Block C, Residensi Semarak Platinum (Splendor), No 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Residensi Amara
No. B-10-11, Blok B, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, Selangor
Kondo Casa Idaman
No. B-07-13A, Block B, Kondo Casa Idaman, Jalan 1/12D, Kampung Batu Muda, 51100 Kuala Lumpur
Heritage Condominium
No. 286-08-01, Blok C, Heritage Condominium, Jalan Pahang, 53000 Kuala Lumpur
Pantai Hillpark Phase 2
No. 8-11-8, Blok 8, Pantai Hillpark Phase 2, Jalan Pantai Dalam, 59200 Kuala Lumpur
Kenwingston Residence
No. B2-09-2A, Block B, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Residensi Vista Agresif
No. 8-02, Residensi Vista Agresif, Jalan Kampung Sekamat, 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.