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.
Parklane OUG Service Apartment
No. C1-17-8, Block C1, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Residensi Ostia
No. 12-07, Residensi Ostia, Persiaran Wawasan, Seksyen 14, 43560 Bandar Baru Bangi, Selangor
Pangsapuri Duta Perintis
No. B-04-15, Pangsapuri Duta Perintis, Persiaran Puncak Alam 12, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Kalista 1
No. 1-13-06, Pangsapuri Kalista 1, Persiaran S2 G1, Seksyen G, Seremban 2, 70300, Seremban, Negeri Sembilan
Pangsapuri Vista Danau Kota
No. 46-23, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Residensi Lili @ Taman Bucida Hijauan
No. A-13-03, Block A, Residensi Lili @ Taman Bucida Hijauan, Taman Bucida Hijauan, 71800 Nilai, Negeri Sembilan
Almera Residensi
No. AR3-28-03A, Block AR3, Almera Residensi, Laman Puteri 3, Bandar Puteri Bangi, 43000 Kajang, Selangor
Kondo Villa Angsana
No. A-7-1, 7, Kondo Villa Angsana (Blok A), Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur
Regalia Service Apartment
No. A-25-05, Block A, Regalia Service Apartment, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Taman Cheras Intan
No. M-2-05, Blok M, Jalan Cheras Intan 9, Taman Cheras Intan, 43200, Cheras, Selangor
Residensi Lili
No. B-18-04, Blok B, Residensi Lili, Taman Bucida Hijauan, 71800 Nilai, Negeri Sembilan
Sutera Pines
No. A-13-03, Block A, Jalan Sutera Pines, Sutera Pines, 43000 Kajang, Selangor
Aspire Residence
No. 3-5-9, Block 3, Aspire Residence, Jalan Aspire 1, Cyber 10, 63000 Cyberjaya, Selangor
The Arc @ Cyberjaya
No. B-13A-01, The Arc @ Cyberjaya, Persiaran Bestari, Cyber 11, 63000 Cyberjaya, Selangor
Sensory Residence
No. A-32-10, Sensory Residence (Block A), Southville City, 43800 Dengkil, Selangor
Residensi MH Platinum 2
No. B-38-06, Residensi MH Platinum 2, Jalan Usahawan 6, 53200 Setapak Jaya, Kuala Lumpur
Sri Lojing Condominium
No. 3B-4-6, Block 3B, Sri Lojing Condominium, No. 1, Jalan 4/27E, Seksyen 10, Bandar Wangsa Maju, 53300 Kuala Lumpur
Sri Intan Condominium 1
No. B-8-1, Sri Intan Condominium 1, Lengkok Selinsing, Off Jalan Ipoh, 52100 Kuala Lumpur
Residensi M Arisa Pelangi
No. B-16-17, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Apartment Indah 1
No. A-3-13, Block A, Apartment Indah 1, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Residensi Suasana Aman
No. A-13-15, Residensi Suasana Aman, Jalan Cerdik, Taman Universiti, 43000 Kajang, Selangor
Koi Tropika Condominium
No. D-17-13A, Block D (Taisho), Koi Tropika Condominium, Jalan Puchong Batu 13 1/2, Koi Tropika, 47100, Puchong, Selangor
Koi Prima
No. A-07-05, Block A, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Prestige Residence
No. B-9-09, Block B, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, 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.