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 Radia
No. E-02-3A, Residensi Radia, No. 3, Persiaran Singgahsana Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Residensi Adelia 2
No. C-17-16, Residensi Adelia 2, Jalan Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Pangsapuri Nadayu 801
No. B-16-09, Block B, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Taman Subang Murni, 40150 Shah Alam, Selangor
Forest Green Condominium Park
No. B1-3-2, Forest Green Condominium Park, Jalan Sungai Long, Batu 11¼, Bandar Sungai Long, 43000 Kajang, Selangor
H20 @ Ara Damansara
No. D-13-02, H20 @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Pangsapuri Seri Kasturi
No. 01-02-14, Pangsapuri Seri Kasturi, Jalan Setia Gemilang U13/45B, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Pangsapuri Damai
No. A-1-12, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Residensi Emas
No. A-26-22, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Zeva Residence
No. A-11-5, Zeva Residence, Persiaran Pinggiran Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Sri Tanjung Apartment
No. E504, Sri Tanjung Apartment, Jalan Bandar Puchong Jaya, 47190, Selangor
Forest Green Apartment
No. B4-10-5, Forest Green Apartment, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Greenview Residence
No. A-13-08, Blok A, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
168 Residensi Selayang
No. C-12-23, 168 Residensi Selayang, KM12, Jalan Ipoh-Rawang, 68100 Batu Caves, Selangor
Tower B
No. B-18-32, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Palmera
No. A-28-02, Residensi Palmera, Laman Puteri 3, Bandar Puteri Bangi, 43000, Kajang, Selangor
Evergreen Park Hazel & Acorn Condominium
No. B5-4-1, Evergreen Park Hazel & Acorn Condominium, Persiaran Sungai Long 1, Bandar Sungai Long, 43000 Kajang, Selangor
Twin Residences
No. A-07-07, Block A, Twin Residences, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
Bayu Tasik Condominium
No. C-1-9, Blok C, Bayu Tasik Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
The Scott Garden Soho
No. C-18-23A, Blok C, The Scott Garden Soho, Jalan Klang Lama, 58100 Kuala Lumpur
Faber Heights Condominium
No. 82-16-6, Faber Heights Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Tower 4
No. T4-01-08, Tower 4, Lakefront Residence, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Residensi Suasana @ Damai
No. B-9-7, Residensi Suasana @ Damai, Jalan PJU 10/1, Damansara Damai, 47830, Petaling Jaya, Selangor
Residensi Lot 8
No. A-13-5, Residensi Lot 8, Jalan Puchong South 1, Bandar Puchong South, 47100 Puchong, Selangor
Pangsapuri Elaeis 2
No. 03-05, Block 19, Pangsapuri Elaeis 2, Jalan Bait U8/1, Bukit Jelutong, Seksyen U8, 40150, Shah 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 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.