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.
Pangsapuri Kasuarina
No. D-3-11, Pangsapuri Kasuarina, Persiaran Kasuarina/KS6, Bandar Botanik, 41200, Klang, Selangor
BSP 21
No. A-15-05, BSP 21, Persiaran Saujana Putra Utama, 42610 Bandar Saujana Putra, Jenjarom, Selangor
Pangsapuri Merak
No. M-04-10., Pangsapuri Merak, Jalan BK 3/1, Bandar Kinrara 3, 47180 Puchong, Selangor
Koi Tropika Condominium
No. D-17-5, Block D (Taisho), Koi Tropika Condominium, Jalan Puchong Batu 13 1/2, 47100 Puchong, Selangor
Kondominium Selayang 228
No. T-11-12A, Kondominium Selayang 228, No. 1, Jalan 1, Selayang Baru, 68100 Batu Caves, Selangor
Kenwingston Residence
No. B2-09-01, Block B, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Pangsapuri Subang Suria
No. 7-1-02, Pangsapuri Subang Suria, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Pangsapuri Permai Putera
No. PPA-15-03, Pangsapuri Permai Putera, Jalan 13D, Desa Permai, Taman Dato' Ahmad Razali, 68000 Ampang, Selangor
Savanna Executives Suites
No. A2-25-08, Savanna Executives Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Casa Embun
No. B-22-3A, Blok B, Jalan CE 1, Casa Embun, 43800 Dengkil, Selangor
Green Acre Park Kondo
No. A7-8-5, Block A7, Green Acre Park Kondo, Bandar Sungai Long, 43000 Kajang, Selangor
Sri Camellia Apartment
No. P2-A-11-09, Parcel 2, Sri Camellia Apartment, Jalan Sepakat Indah 3, Taman Sepakat Indah, 43000, Kajang, Selangor
Pangsapuri Damai Vista
No. B-22-3, Blok B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
Pangsapuri Seri Jati
No. 06-06-09, Block Seri Jati 6, Pangsapuri Seri Jati, No. 2, Jalan Setia Gemilang U13/45C, Setia Alam, Section U13, 40170 Shah Alam, Selangor
Residensi Hijauan
No. A1-03-07, Residensi Hijauan, No. 4, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Residensi Bandar Razak
No. C1-11-11, Block C1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Hijauan
No. A2-07-02, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Mirage
No. B2-08-02, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, Selangor
Kompleks Rimbun Scott Garden
No. B-06-09, Block B The Scott Garden Soho, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-10-3, Tingkat 10, Pangsapuri Bukit Awansari (OG Court), No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Menara B
No. BL-13-10, Menara B (Begonia), Youth City @ Vision City @ Bandar Belia, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Pertama Residensi
No. 11-03, Pertama Residensi, Jalan 3/92B, Taman Kobena, 56100 Cheras, Kuala Lumpur
Residensi Legendview
No. A-6-9, Block A, Jalan Setia Jaya, Residensi Legendview, 48000 Rawang, Selangor
Residensi Riana Dutamas 1
No. A-36-03, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, 51200 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.