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.
Pacific Place @ Ara Damansara
No. E-15-13, Block E, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Green Acre Park Kondo
No. A1-3-1, Block A1, Green Acre Park Kondo, Bandar Sungai Long, 43000, Kajang, Selangor
Garden Park Condominium
No. B-9-2, Block B, Garden Park Condominium, Bandar Sungai Long, 43000 Kajang, Selangor
Avant Court
No. B-12-1, Block B, Avant Court, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Pacific Place @ Ara Damansara
No. H-10-23A (Developer's Parcel No. H-10-23A), Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Residensi Flora Setapak
No. FR-20-11, Residensi Flora Setapak, No. 7, Jalan 1/21C, Setapak, 53000 Kuala Lumpur
Vista Impiana
No. G-04, Vista Impiana, Taman Bukit Serdang, Seksyen 10, 43300 Seri Kembangan, Selangor
28 Boulevard
No. A-43-18, Block A, 28 Boulevard, Jalan Perdana 3/10, Pandan Perdana, 53300 Kuala Lumpur
Pangsapuri Nadayu 801
No. E-08-03, Block E, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Damai
No. 8-11, Residensi Damai, Jalan Damai, Bandar Teknologi Kajang, 43500 Semenyih, Selangor
Pangsapuri Melodi Perdana
No. MPD-06-06, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Tasik Heights Apartment
No. E-5-9, Block Suria, Tasik Heights Apartment, Jalan Liku Tasik Selatan 21/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
Lumayan Apartments
No. A-05-03, Lumayan Apartments, Jalan Tasik Permaisuri 2, Bandar Tun Razak, 56000 Kuala Lumpur
Endah Regal Condominium
No. B-1-9, Endah Regal Condominium, Blok B, Jalan 3/149E, Taman Sri Endah, 57100 Kuala Lumpur
Residensi Adelia 2
No. D-19-14, Block D, Residensi Adelia 2, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Latan Biru
No. C-408, Block C, Latan Biru, Jalan Pekaka 8/1, Seksyen 8, PJU 5, Kota Damansara, Petaling Jaya, Selangor
Residensi Emas
No. B-35-07, Block B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Maisson Residence
No. B3-15-06, Block 3, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
BSP 21
No. H-09-09, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Almera Residensi
No. AR2-23A-03, Almera Residensi, Laman Puteri 3, Bandar Puteri Bangi, 43000 Kajang, Selangor
Masreca 19
No. A-10-02, Block A, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Masreca 19
No. B-11-19, Block B, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Green Acre Park Kondominium
No. A1-2-6, Blok A1, Green Acre Park Kondominium, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Palm Spring @ Damansara
No. F-1705, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, 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.