1291 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.
Kondo Casa Idaman
No. B-16-15, Blok B, Kondo Casa Idaman, Jalan 1/12d, Kampung Batu Muda, 51100 Kuala Lumpur
Berkeley Park Sri Putramas Condominium
No. C-21-2, Berkeley Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Pandan Court
No. B3-6-02, Block 3, Pandan Court, Jalan Mewah 4, Pandan Mewah, 68000, Ampang, Selangor
D’Sini Residences
No. B-09-07, Block B, D’Sini Residences, No. 2, Jalan Setia Perdana AZ U13/AZ, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Bam Villa
No. 42B-5-2, Bam Villa, Jalan Pria, Taman Maluri, 55100 Kuala Lumpur
Desa Impiana
No. 2C-01-02, Desa Impiana, Jalan Prima Utama 2, Taman Puchong Prima, 47150 Puchong, Selangor
Bandar Seri Putra
No. 65, Jalan Seri Putra 8/1, Bandar Seri Putra, 43000, Kajang, Selangor
Mutiara Upper East
No. B-03A-1, Block B, Mutiara Upper East, Jalan 1/76E, Desa Pandan, 55100 Kuala Lumpur
Berjaya Times Square
No. A-39-16 (a39-16), Berjaya Times Square (east Tower), No. 1, Jalan Imbi, 55100, Kuala Lumpur
Residensi Riverville
No. A-22-11, Tingkat 22, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Citizen @ Old Klang Road
No. Unit B-36-3a, Blok B, Citizen @ Old Klang Road, (residensi Nusantara Petaling), Jalan Nusantara Petaling, 58000, Kuala Lumpur
PV20 Platinum Lake Condominium
No. B-23-01, PV20 Platinum Lake Condominium, Jalan Usahawan 2, Off Jalan Genting Klang, Setapak, 53200, Kuala Lumpur
Residensi Riverville
No. B-25-05, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Residensi Riverville
No. A-25-01, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Titiwangsa Sentral Condominium
No. A2-15-7, Titiwangsa Sentral Condominium, No. 1, Jalan Chemur, 50400 Kuala Lumpur
Platinum Lake Condominium Block A
No. A-3A-02, PV 13, Platinum Lake Condominium Block A, Jalan Danau Saujana 1, Taman Danau Kota, 53300 Kuala Lumpur
Residensi 1 Utara
No. B-30-02, Residensi 1 Utara, Jalan 1/2B, Off Jalan Ipoh, 68100 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. C-20-01, Block C, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100, Kuala Lumpur
Subang Perdana Goodyear Court 10
No. AF-00-10, Block Af, Subang Perdana Goodyear Court 10, Persiaran Mulia, Usj 15, 47630, Subang Jaya, Selangor
Residensi Sutera 7
No. A-18-12, Block A, Residensi Sutera 7, Jalan Sutera 1/2, Taman Sutera, 43000, Kajang, Selangor
Evergreen Park
No. B5-2-2, Evergreen Park, Persiaran Sg. Long 1, Bandar Sungai Long, 43000, Kajang, Selangor
Plaza Sinar
No. 32-3-1, Plaza Sinar, Jalan 8/38d, Taman Sri Sinar, 51200, Kuala Lumpur
23rd Floor
No. B-23-3A, 23rd Floor, Block B, 157 Hampshire, No. 1, Jalan Mayang Sari, 50450 Kuala Lumpur
Residensi Riverville
No. B-23A-05, Block B, Residensi Riverville, No. 6, Jalan Taman Seri Sentosa, 58000 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 1291 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.