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.
Casa Embun
No. B-19-05, Block B, Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, Selangor
Kondominium Kiara Kasih
No. 20-12, Kondominium Kiara Kasih, No. 25, Jalan Duta Kiara, Segambut, 51200 Kuala Lumpur
Residensi Vista Wirajaya
No. A-33A-19, Residensi Vista Wirajaya, Jalan 1/23e, Taman Melati, 53300, Kuala Lumpur
The Scott Garden
No. A-20-31, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Pangsapuri Simfoni 1
No. 08-03, Pangsapuri Simfoni 1, Jalan 3/20, Taman Anggerik Perdana, 43500 Semenyih, Selangor
Residensi Amara
No. C-08-10, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100 Batu Caves, Selangor
Casa Embun
No. B-13A-11, Block B, Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, Selangor
Residensi Zahra 1
No. A-23-07, Block A, Residensi Zahra 1, Jalan Zahra 1, Semenyih, 43500 Selangor
Residensi Emas
No. A-34-22, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Mentari Court
No. B-16-18, Blok B, Mentari Court, Jalan Pjs 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Suria Perdana
No. B-20-2, Pangsapuri Suria Perdana, Taman Serdang Perdana Sek 4, 43300, Seri Kembangan, Selangor
Pangsapuri Putra
No. A-12-13, Block A, Pangsapuri Putra, Jalan Putra Impian, Taman Putra Impian, 43000, Kajang, Selangor
Cyber 11
No. B3-2-7, Cyber 11, Cyberia Smarthomes B Cyberia, 63000, Cyberjaya, Selangor
Koi Tropika
No. A-06-01, Blok Asagi, Koi Tropika, Jalan Puchong Batu 13 1/2, 47100, Puchong, Selangor
Kenangan View Apartment
No. SB-02-08, Kenangan View Apartment, Jalan Bukit Kenangan, Taman Bukit Kenangan, 43000, Kajang, Selangor
Menara C @ Bandar Belia
No. C-L11-15, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Menara C @ Bandar Belia
No. C-L16-16, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan Darul Khusu
Pangsapuri Kalista 2
No. B-3-07, Pangsapuri Kalista 2, Jalan S2 G3, Seksyen G, Seremban 2, 70300 Seremban, Negeri Sembilan
Menara B @ Bandar Belia
No. B-L30-14, Menara B (Begonia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
16th Floor
No. D-16-03A, 16th Floor, Maxim Sentul, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi Max Kolam Air
No. A-21-09, Residensi Max Kolam Air, No. 61, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Residensi Awani IV
No. A1-33-07, Blok A1, Residensi Awani IV (Skyawani IV), No. 6, Jalan Santuari Utama, 53100 Kuala Lumpur
DK Impian
No. A-08-27, Block A, DK Impian, No.3, Jalan Uranus U5/125A, Subang Pelangi, Seksyen U5, Shah Alam, Selangor
Taisho
No. D-21-03A, Taisho (also known as Block D), Koi Tropika, Batu 13 ½, Jalan Puchong, 47100 Puchong, 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.