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.
Residensi The Edge
No. 14-10, Residensi The Edge, Persiaran Subang Indah, USJ 1, 47600 Subang Jaya, Selangor
Kondominium Casa Puteri
No. A-15-5, Kondominium Casa Puteri, Laman Puteri 1, Bandar Puteri, 47100 Puchong, Selangor
29th Floor
No. A-29-07, 29th Floor, Block A, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Apartment Mentari Court
No. F-6-1, Block F, Apartment Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Residensi Adelia 3
No. B-21-5, Block B, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Pandanmas 2
No. C-36-01, Residensi Pandanmas 2, Lorong Delapan 2, Kampung Pandan, 55100 Kuala Lumpur
Apartment Dahlia
No. A-15-5, Apartment Dahlia, Jalan 1/27, Taman Setapak Jaya Baru, 53300 Kuala Lumpur.
Monte Bayu Condominium
No. A-09-11, 9th Floor, Block A, Monte Bayu Condominium, Jalan Bukit Pandan Bistari 5, Cheras Baru, 56100 Kuala Lumpur
Pertama Residency
No. 8-16, Pertama Residency, No. 16 Jalan 3/92B, Taman Kobena, 56000 Kuala Lumpur
Endah Regal Condominium
No. A-2-10, Block A, Endah Regal Condominium, No. 7 Jalan 3/149E, Taman Sri Endah, 57000 Bandar Baru Sri Petaling, Kuala Lumpur
Residensi Legendview
No. C-6-12, Block C, Residensi Legendview, Jalan Setia Jaya, 48000 Rawang, Selangor
Forest Green Apartment
No. B3-7-5, Forest Green Apartment, Jalan Sungai Long, Bandar Sungai Long, 43000, Kajang, Selangor
Green Acre Condominium
No. A2-9-3, Block A2, Green Acre Condominium, Jalan Sungai Long, Bandar Sungai Long, 43000, Kajang, Selangor
Pangsapuri Sri Cempaka
No. B004, Blok B, Pangsapuri Sri Cempaka, 47170, Puchong, Selangor
D'Shire Villa Apartment
No. D-1-01, D'Shire Villa Apartment, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Taman Equine
No. C3-3-1, Blok C, Jalan Putra Permai 2, Taman Equine, 43300, Seri Kembangan, Selangor
Idaman Puri Apartment
No. L-1-10, Block L, Idaman Puri Apartment, No. 1, Jalan Setia, Seri Gombak (Fasa 13), 68100, Batu Caves, Selangor
Pangsapuri Mutiara Anggerik
No. C-1-7, Pangsapuri Mutiara Anggerik, No. 3, Jalan Tukul Q15/Q, Seksyen 15, 40200 Shah Alam, Selangor
Pangsapuri Melur
No. A-20-8, Pangsapuri Melur, No. 72A, Jalan 7/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Residensi 280
No. 20-18, Residensi 280, 1 Km Lebuhraya, Selayang-Kepong, 68100 Batu Caves, Selangor
Menara Simfoni
No. A-20-15, 20th Floor, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300 Seri Kembangan, Selangor
Lavender Residence
No. B-03-01, Lavender Residence, Jalan Kiara, Bandar Sungai Long, 43000 Kajang, Selangor
Changkat View Condominium
No. C-11-01, Aras 11, Block C, Changkat View Condominium, No. 18, Jalan Dutamas Raya, 51200 Kuala Lumpur
I-Suite 2
No. B1-33-07, I-Suite 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, 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.