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.
Green Acre Park Condominium
No. A3-10-8, Block A3, Green Acre Park Condominium, Bandar Sungai Long, 43300 Kajang, Selangor
D'Casa Condominium
No. A-13A-03, D'Casa Condominium, Jalan Wawasan 1/10, Bandar Baru Ampang. 68000 Ampang, Selangor
Pangsapuri Heron
No. B-02-07, Pangsapuri Heron, Persiaran Bukit Puchong, Bandar Bukit Puchong, 47120 Puchong, Selangor
Gravit8
No. A2-23A-12, Gravit8, Jalan Bayu Laut/KS09, 41200 Klang, Selangor
Aspire Residence
No. 3-06-10, Block 3, Aspire Residence, Jalan Aspire 1, 63000 Cyberjaya, Selangor
Residensi Legendview
No. A-20-03, Residensi Legendview, Jalan Setia Jaya, 48000 Rawang, Selangor
Palm Spring @ Damansara
No. E-1410, Blok E, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Residensi Pandanmas 2
No. D-18-13A, Residensi Pandanmas 2, Lorong Delapan, Kampung Pandan, 55100 Kuala Lumpur
Residensi Altris
No. C-29-02, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Pangsapuri Seri Pinang
No. 1-2-2, Pangsapuri Seri Pinang, No. 12, Jalan Setia Permai U13/40, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Residensi Lot 8
No. A-5-5, Block A, Residensi Lot 8, Jalan Puchong South 1, Bandar Puchong South, 47100 Puchong, Selangor
Pangsapuri Kasuarina
No. G-5-09, Pangsapuri Kasuarina, Persiaran Kasuarina/KS6, Bandar Botanic, 41200, Klang, Selangor
Pangsapuri East Lake
No. C-13-3A, Blok C, Pangsapuri East Lake, Persiaran Serdang Perdana, Taman Serdang Perdana, 43300, Seri Kembangan, Selangor
Tower C
No. C-23A-13, Tower C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-08-02, Block B, Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Connaught Avenue
No. D-16-11, Blok D, Connaught Avenue, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
The Scott Garden
No. C-22-27, Block C, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Green Acre Park Condominium
No. A2-2-2, Green Acre Park Condominium, Jalan Sungai Long, Bandar Sungai Long, 43000, Kajang, Selangor
Tower B
No. B-22-06, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Mawar Sari Blok D
No. D-1-1, Mawar Sari Blok D, Jalan 17/56, Ampang / Ulu Kelang, 54200 Kuala Lumpur
Residensi Prima Alam Damai
No. B3-21-08, Residensi Prima Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Tower B
No. B-22-08, Tower B, The Scott Garden Soho, Kompleks Rimbun Scott, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Bayu Residensi @ Seri Temenggung
No. 2-19-5, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Silk Residence
No. L15-25, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200, Kajang, 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.