5576 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.
The Scott Garden SOHO
No. B-10-03, Blok B, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 58000 Kuala Lumpur
Pandan Utama Apartment
No. B-8-10, Block B, Pandan Utama Apartment, Lorong Pandan Pertama 1, Pandan Utama, Kampung Pandan Utama, 68000 Ampang, Selangor
Residensi Emas
No. A-38-29, Residensi Emas, Jalan Zamrud 2, 43000 Kajang, Selangor
Green Acre Park Condominium
No. A6-9-5, 9th Floor, Block A6 (Daisy), Green Acre Park Condominium, Jalan Sungai Long, Bandar Sungai Long, 43000, Kajang, Selangor
Taman Cheras Intan
No. N-1-02, Block N, Jalan Cheras Intan 9, Taman Cheras Intan, 43200, Cheras, Selangor
Mentari Court
No. C-6-10, Block C, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Residensi PR1MA Bandar Bukit Mahkota
No. B-22-10, Residensi PR1MA Bandar Bukit Mahkota, Persiaran Mahkota 1, Bandar Bukit Mahkota, 43000 Kajang, Selangor
Mentari Court
No. F-03-21, Blok F, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Green Acre Park Condominium
No. A8-1-7, Block A8, Green Acre Park Condominium, Bandar Sungai Long, 43000, Kajang, Selangor
168 Residensi Selayang
No. C-21-17, 168 Residensi Selayang, KM 12, Jalan Ipoh - Rawang, 68100 Batu Caves, Selangor
Residensi Adelia 3
No. C-20-08, Blok C, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Menara C
No. C-10-21, Menara C, PJ Centrestage, No. 1, Jalan 13/1, Seksyen 13, 46100 Petaling Jaya, Selangor
Residensi Setia Impian
No. A-L17-11, Residensi Setia Impian, Taman Setia Impian, 43000 Kajang, Selangor
Desa Idaman
No. B-05-02, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150 Puchong, Selangor
Residensi Bandar Razak
No. D2-43-06, Residensi Bandar Razak (Razak City Residences) No. 1, Jalan Razak Mansion Sungai Besi, 57100 Kuala Lumpur
Pacific Place Commercal Centre
No. E-13A-01, Block E, Pacific Place Commercal Centre, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Pangsapuri Tropicana Aman 1
No. A-03-07, Block A, Pangsapuri Tropicana Aman 1, Jalan Aman Simfoni 1, Bandar Tropicana Aman, 42500 Telok Panglima Garang, Selangor
Endah Regal Condominium
No. B-15-6, Block B, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57100 Sri Petaling, Kuala Lumpur
Tower B
No. B-01-10, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Verdi Residence
No. 02-42-08, Block 2, Verdi Residence, Symphony Hills, Cyber 9, 63000 Cyberjaya, Selangor
Oakleaf Park Condominium
No. C-06-09, Block C, Oakleaf Park Condominium, Persiaran Bukit Jaya, Taman Bukit Jaya, Bukit Antarabangsa, 68000 Ampang, Selangor
Prestige Residence
No. A-18-25, Blok A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Zeva Residence Persiaran Pinggiran Putra
No. A-08-12, Zeva Residence Persiaran Pinggiran Putra, Bandar Putra Permai, Seri Kembangan, 43300 Selangor
Sensory Residence
No. A-31-06, Sensory Residence (Blok A), Southville City, 43800, Dengkil, 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 5576 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.