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.
Tower A
No. A-20-08, Tower A, Amerin Residence, Jalan Impian Indah, Taman Impian Indah, 43300, Seri Kembangan, Selangor
Alpha Villa Apartment
No. 10-13, Alpha Villa Apartment, No 12, Jalan 2/27A, Wangsa Maju, 53300 Kuala Lumpur
Regalia Service Apartment
No. B-11-03, Regalia Service Apartment, Blok B, No. 2, Jalan Anjung Putera, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Putra Apartment
No. 17-0-6, Block 17, Putra Apartment, Jalan Bukit Setiawangsa, Taman Setiawangsa, 54200 Kuala Lumpur
Casa Idaman Condominium
No. B-3A-1, Blok B, Casa Idaman Condominium, Jalan 1/12D, Kg. Batu Muda, 51100 Kuala Lumpur
Kondominium Scott Villa
No. 33-8-1, Kondominium Scott Villa, Jalan Scott Brickfields (On Site Lorong Scott), 50470 Kuala Lumpur
Residensi Legendview
No. A-06-09, Block A, Jalan Setia Jaya, Residensi Legendview, 48000 Rawang, Selangor
Saville @ D' Lake
No. 17-13, Jalan Saville, Saville @ D' Lake, 47130 Puchong, Selangor
You City 3
No. B-25-02, You City 3, Jalan You City, You City, 43200 Cheras, Selangor
Green Acre Park Kondo
No. A7-10-6, Block A7, Green Acre Park Kondo, Bandar Sungai Long, 43000 Kajang, Selangor
Casa Suites
No. D-8-02, Block D, Casa Suites, No. 1, Jalan SS 20/27, Damansara Intan, 47400, Petaling Jaya, Selangor
Greenview Residence
No. C-20-3, Block C, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Menara C
No. C-03A-02, Menara C, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Mira At Shorea Park Residence 1
No. A-18-03, Block A, Mira At Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
10th Floor
No. C-10-23, 10th Floor, Block C, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Pangsapuri Sri Cempaka
No. A502, Blok A, Pangsapuri Sri Cempaka, Jalan Merbuk, Bandar Puchong Jaya, 47100 Puchong, Selangor
H2O @ Ara Damansara
No. D-16-05, Block D, H2O @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Kemensah Villa Condominium
No. A-3-2, Kemensah Villa Condominium, Jalan Melati Indah 1, Saujana Melawati, 68000 Ampang, Selangor
Aspire Residence
No. 3-03-02, Aspire Residence, Cyber 10, Persiaran Aspirasi, 63000 Cyberjaya, Selangor
Mercu Kenwingston
No. C-15-05, Mercu Kenwingston, No. 81, Jalan Gombak, 53000 Kuala Lumpur
Oakwood Park
No. B-1-5, Oakwood Park, Sri Putramas, Jalan Putramas 1, Off Jalan Kuching, 52100 Kuala Lumpur
Pangsapuri Impian Heights
No. A-6-6, Blok A, Pangsapuri Impian Heights, Off Jalan Pipit, Bandar Puchong Jaya, 47170, Puchong, Selangor
Meadow Park 1
No. 2-0-2, Block 2, Meadow Park 1, Jalan 1/130, Off Jalan Kelang Lama, 58200 Kuala Lumpur
Residensi Platinum Teratai
No. 13-09, Residensi Platinum Teratai, No. 2, Jalan Kuraman, 53000 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 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.