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 Indahria
No. P5-13A-06, Pangsapuri Indahria, No. 4, Jalan Batu Tiga- Sungai Buluh, Taman Impiana, Seksyen 22, 40300 Shah Alam, Selangor
Villaduta
No. A3-1, Block A, Villaduta, Jalan Mulia 2/1, Taman Bukit Antarabangsa, 68000 Ampang, Selangor
Pangsapuri Kita Ria
No. KR-09-12, Pangsapuri Kita Ria, Persiaran Cybersouth Perdana, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Ilham
No. 26-6-4, Pangsapuri Ilham, Jalan Sastera U2/1, Taman TTDI Jaya, Seksyen U2, 40150, Shah Alam, Selangor
Kondominium Langat Jaya
No. B-3E, Kondominium Langat Jaya, Jalan Dato' Alias, Off Jalan Hulu Langat, 43200 Cheras, Selangor
Residensi Adelia 4
No. B-16-14, Block B, Residensi Adelia 4, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Tangerine Suites
No. 02-09, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Pangsapuri Idaman Abadi
No. D-25-10, Block D, Pangsapuri Idaman Abadi, Persiaran Tropicana Height 3A, Tropicana Height, 43000 Kajang, Selangor
Tulip Residence
No. A-12-11, Tulip Residence, No. 6, Persiaran Metafasa, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Koi Tropika
No. A-09-03, Block Asagi, Koi Tropika, Jalan Puchong, Batu 13 1/2, 47100, Puchong, Selangor
Pangsapuri Kasuarina
No. G-3A-10, Block C, Pangsapuri Kasuarina, Persiaran Kasuarina KS/6, Bandar Botanic, 41200, Klang, Selangor
Pangsapuri Idaman BSP
No. A-06-03, Pangsapuri Idaman BSP, Jalan SP 11/1, Bandar Saujana Putra 1, 47130 Puchong, Selangor
Pangsapuri Danau Perintis
No. A-11-13, Block A, Pangsapuri Danau Perintis, Persiaran Puncak Alam 12, 42300 Bandar Puncak Alam, Selangor
Sri Pinang Apartment
No. 1B-02-06, Block B, Sri Pinang Apartment, Jalan Wawasan 5/4, Pusat Bandar Puchong, 47160, Puchong, Selangor
Pengsapuri Akasia
No. F-5-01, Pengsapuri Akasia, Persiaran Kasuarina, Bandar Botanik, 41200, Klang, Selangor
Taman Desaminium
No. 9-14-07, Block Chengal, Taman Desaminium, Jalan Rimba, Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Kemuning Idaman
No. A-01-05, Pangsapuri Kemuning Idaman, Persiaran Kemuning Damai, Seksyen 32, 40460 Shah Alam, Selangor
Pangsapuri Alam Prima
No. A-07-06, Block A, Pangsapuri Alam Prima, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Villa Tropika @ Pudu Impian Ii
No. 107-3A-16, Villa Tropika @ Pudu Impian Ii, Jalan Pudu Ulu, 56100, Kuala Lumpur
Laman Villa
No. C-G-12, Block C, Laman Villa, Jalan Taman Bandar Senawang 4, Taman Bandar Senawang, 70450 Seremban, Negeri Sembilan
Garden Park Condominium
No. E-14-1, Block E, Garden Park Condominium, Jalan Sungai Long 12, Bandar Sungai Long, 43000 Kajang, Selangor
Acasia Apartment
No. F-5-13, Acasia Apartment, Kasuarina Press, Bandar Botanic, 41200, Klang, Selangor
Vista Milennium Condominium
No. C-16-15, Block Cassia, Vista Milennium Condominium, Jalan Dm 1, Taman Desa Milenia, 47150, Puchong, Selangor
Aspire Residence
No. 2-06-03, Block 2, Aspire Residence, Persiaran Aspirasi, 63300 Cyberjaya, 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.