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.
Perdana Villa Apartment
No. D-2-22, Block D, 2nd Floor, Perdana Villa Apartment, Jalan Temenggung 19, Off Jalan Sungai Jati, 41200 Klang, Selangor
Pangsapuri Idaman Melur
No. B-11-31, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Perdana Kondominium
No. E-2112, Blok E, Perdana Kondominium, No. 15, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Permai Puteri
No. PPI-09-06, Pangsapuri Permai Puteri, Jalan 13D, Desa Permai, Taman Dato Razali, 68000 Ampang, Selangor
Residensi Meriah
No. B-24-11, Block B, Residensi Meriah, Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Menara Kayangan Damai
No. Q-33-08, Menara Kayangan Damai, Jalan PJU 8/1, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Pangsapuri Suria Rafflesia
No. B-06-07, Pangsapuri Suria Rafflesia, Jalan Setia Perdana U13/28, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Sensory Residence
No. A-1-03, Sensory Residence (Blok A), Southville City, 43800, Dengkil, Selango
Vista Millenium Condominium
No. C-07-03, Vista Millenium Condominium, Jalan DM 1, Taman Desa Millennia, Puchong, Selangor
Vista Millennium Condominium
No. C-05-06, Blok Cassia, Vista Millennium Condominium, Jalan DM 1, Taman Desa Millenia, 47150, Puchong, Selangor
Menara Simfoni
No. C-29-12, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300 Seri Kembangan, Selangor
Apartment Sri Rinching
No. A1-02-02, Apartment Sri Rinching, Jalan Mutiara Rinching 4, Taman Mutiara Rinching, 43500 Semnyih, Selangor
168 Residensi Selayang
No. A-10-05, 168 Residensi Selayang, KM 12, Jalan Ipoh - Rawang, 68100 Batu Caves, Selangor
Pangsapuri Asteria
No. A-3A-8, Pangsapuri Asteria, Persiaran Delima 4/KS09, Bandar Parklands, 41200 Klang, Selangor
Pangsapuri Idaman Abadi 2
No. F-18-12, Block F, Pangsapuri Idaman Abadi 2, Persiaran Tropicana Heights, 43500 Semenyih, Selangor
Pangsapuri Sri Anggerik (Pangsapuri Sri
No. J-4-01, Aras Empat (4), Pangsapuri Sri Anggerik (Pangsapuri Sri Anggerik 2, Jalan Bandar Puchong Jaya, 47170, Puchong, Selangor
Mentari Court
No. B-7-23, Blok B, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri De Kiara
No. DK03-07-02, Block 3, Pangsapuri De Kiara, No. 4, Persiaran Setia Makmur, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Southville City
No. 13-12, Blok B, Cerrado, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Pangsapuri Orkid
No. 11-00-19, Pangsapuri Orkid, Jalan Pluto U5/138, Seksyen U5, 40150 Shah Alam, Selangor
Taman Bukit Pelangi
No. A-05-08, Block Suria A, Jalan TBP 1, Taman Bukit Pelangi, Off Jalan Batu 3 Lama, 47610 Subang Jaya, Selangor
Pangsapuri Cendana
No. 40-G-09, Pangsapuri Cendana, Jalan Metafasa U16/3, Taman Bukit Subang , Seksyen U16, 40160, Shah Alam, Selangor
Menara B
No. B-11-09, Menara B,The Arc Cyberjaya, Persiaran Bestari, Cyber 11, 63000 Cyberjaya, Selangor
Pusat Perniagaan & Residensi Mesa
No. D-30-4, Block Delphinium, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
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.