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.
Kita Ria @ Cybersouth
No. KR-17-28, Kita Ria @ Cybersouth, Persiaran Cybersouth Perdana, 43800 Dengkil, Selangor
Pangsapuri Melodi Perdana
No. MPD-10-06, Jalan Perdana 1, Pangsapuri Melodi Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
The Sanderson
No. B-3-8, Block B, The Sanderson, Jalan Cemara, Taman Bukit Serdang, Seksyen 13, 43300 Seri Kembangan, Selangor
Apartment Lili Petaling
No. B-32-02, Apartment Lili Petaling, No. 8, Jalan Kuchai Maju 13, Taman Entrepreneur, 58200 Kuala Lumpur
Residensi Akasia Jubilee
No. 8-12A, Residensi Akasia Jubilee, No.10, Jalan Jubilee, 55200 Kuala Lumpur
Residensi Laman Sari
No. A-30-7, Block A, Residensi Laman Sari, No. 50, Jalan Batu View, Taman Batu View, 68100 Kuala Lumpur
Laman Seri Harmoni
No. B-36-10, Laman Seri Harmoni (LSH33) No. 3, Jalan Batu Muda Tambahan 3, 51100 Sentul, Kuala Lumpur
Vierra Residence
No. A-3A-6, Vierra Residence (Residensi Varia), No. 6, Jalan Mas, Bukit Jalil, 58200 Kuala Lumpur
Residensi Alamanda
No. A-09-03A, Block A, Residensi Alamanda, Jalan Pantai Sentral 1, 59200 Kuala Lumpur
Residensi Skyawani 3
No. B-51-13, Block B, Residensi Skyawani 3, Jalan Santuari 2, Setapak, 53200 Kuala Lumpur
Sri Angsana Hilir Condominium
No. B-5-G, 5Th Floor, Blok B, Sri Angsana Hilir Condominium, Jalan Hilir 3 Taman Sri Angsana Hilir, 55100 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 16-21, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Sri Pelangi Condominium
No. 126-2-16, Blok 126, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur
Residensi MH Platinum 2
No. A-27-11, Residensi MH Platinum 2, No.12, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Residensi Lanai Bukit Jalil
No. 29-11, Residensi Lanai Bukit Jalil, Jalan 2/155A, Bukit Jalil, 57000 Kuala Lumpur
Pangsapuri Vista Danau Kota
No. 38-01, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Residensi Max
No. B-12-03, Block B, Residensi Max, No. 11, Jalan Kolam Air 6, Kasipillay, 512000 Kuala Lumpur
Shamelin Bestari Condominium
No. B-1-7, 1st Floor, Block B, Shamelin Bestari Condominium, Jalan 2/91A, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Desa Cindaimas Condominium
No. B-4-6, Desa Cindaimas Condominium, No. 4, Jalan Sekutu, Taman Continental, 58200 Kuala Lumpur
Vista Millennium Condominium
No. D-15-11, Block Delima, Vista Millennium Condominium, Jalan DM 1, Taman Desa Millennia, 47150 Puchong, Selangor
Silk Residence
No. 27-08, Silk Residence, Jalan Sutera, 43200, Kajang, Selangor
Residensi Suasana @ Damai
No. B-15-11, Blok B, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Koi Prima
No. C-13-07, Block C, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Residensi Lili
No. A-16-02, Residensi Lili, Taman Bucida Hijauan, Persiaran Perdana, Bandar Nilai Utama, 71800, Negeri Sembilan
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.