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.
Akoya Residence
No. 05-07, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Sri Gotong Apartment
No. B-12-7, Sri Gotong Apartment, Jalan Batu 7, Medan Batu Caves, 68100 Batu Caves, Selangor
Sri Acappella Serviced Apartments
No. MR2-07-10, Sri Acappella Serviced Apartments, No. 1, Jalan Lompat Tinggi 13/33, Seksyen 13, 40100 Shah Alam, Selangor
Pangsapuri Panorama
No. A-05-3, Pangsapuri Panorama, No. 3, Jalan Bullion Mewah 9, Taman Bullion Mewah, 68100 Kuala Lumpur
Residensi M Luna
No. A-39-02, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR2), Kepong, 52100 Kuala Lumpur.
Tangerine Suites
No. 08-33, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
KL Traders Square
No. B-33A-20, KL Traders Square (KLTS), No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Hijauan
No. A2-12-02, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Suria Residence
No. A-1-29, Block A, Suria Residence, Jalan Residence, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Bayu Residensi @ Seri Temenggung
No. 1-35-08, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Desa Idaman
No. C-05-09, Block C, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
Tower 1
No. T1-15-03, Tower 1, Lakefront Homes @ Cyberjaya, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Residensi MH Platinum 2
No. A-23A-13A, Residensi MH Platinum 2, No. 12, Jalan Usahawan 6, Setapak Jaya 2, 53200 Kuala Lumpur
Vista Saujana
No. VS-11-33, Vista Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Casa Idaman Condominium
No. A-13A-20, Casa Idaman Condominium, No. 5, Jalan 1/12D, Kampung Batu Muda, 51100 Kuala Lumpur
Scott Garden SOHO
No. A-13A-33, Scott Garden SOHO, Kompleks Rimbunan Scott, 289, Jalan Kelang Lama, 58000 Kuala Lumpur
Residensi Palmera
No. A-16-05, Residensi Palmera, Laman Puteri 3, Bandar Puteri Bangi (R/P), 43000 Kajang, Selangor
Pangsapuri Bukit Awansari
No. 17-1-23, Pangsapuri Bukit Awansari, No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Kompleks Rimbun Scott
No. A-16-13A, Kompleks Rimbun Scott, Jalan Klang Lama, 58000 Kuala Lumpur
Casa Ria Apartment
No. 285-1-2, Casa Ria Apartment, Jalan Jejaka, Taman Maluri, 55100 Cheras, Kuala Lumpur
Tower A
No. SA-12-09, Tower A, Paragon Pangea, Persiaran Bestari, Cyber 11, 63000, Cyberjaya, Selangor
Myra Putra
No. B-1-15, Block B, Myra Putra, Persiaran Desa, Pinggiran Putra 3, Desa Pinggiran Putra, 43000 Kajang, Selangor
Pangsapuri Vista Danau Kota
No. 09-13A, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Pangsapuri Harmoni 1
No. C-09-19, Block C, Pangsapuri Harmoni 1, Persiaran Putra Megah, Seksyen 10, Putra Heights, 47650 Subang Jaya, 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.