5357 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 Palm Garden
No. C-08-10, Pangsapuri Palm Garden, Persiaran Bukit Raja/KU01, Bandar Baru Klang, 41050 Klang, Selangor
Residensi Emas
No. A-14-28, Block A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
M Tower
No. M-27-12, M Tower (Block M), Empire City Damansara, No. 8, Jalan Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Kompleks Rimbun Scott
No. A-18-26, Block A, Kompleks Rimbun Scott (The Scott Garden), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
168 Residensi Selayang
No. C-11-31, 168 Residensi Selayang, KM 12, Jalan Ipoh-Rawang, 68100 Batu Caves, Selangor
Pelangi Damansara
No. B-7-8, Block B (Raya), Pelangi Damansara, PJU 6, Persiaran Surian, 46200 Petaling Jaya, Selangor
Pangsapuri Simfoni
No. S02-3A-23A, Pangsapuri Simfoni, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Harvard Tower
No. HT-06-02, Harvard Tower, Garden Plaza, Persiaran Harmoni, 63000 Cyberjaya, Selangor
Residensi Mutiara
No. B-22-22, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Saujana Apartment
No. H-409, Block H, Saujana Apartment, No.1 Jalan PJU 10/1C, Damansara Damai, 47830 Petaling Jaya, Selangor Darul Ehsan
Menara Premium 2
No. P2-37-23, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
I-SOHO @ I-City
No. E-10-3A, Block E, I-SOHO @ I-City, No. 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Pangsapuri Seri Akasia
No. B-16-3, Block B, Pangsapuri Seri Akasia, Jalan Prima 7/1, Taman Puchong Prima, 47150 Puchong, Selangor
Pangsapuri Mawar & Teratai
No. B-06-21, Block Teratai (B), Pangsapuri Mawar (A) & Teratai (B), Jalan SM 1/1, Selayang Mulia, 68100 Batu Caves, Selangor
The Domain 5 @ Neocyber
No. C-16-07, Block C, The Domain 5 @ Neocyber, Lingkaran Cyber Point Barat, Cyber 12, 63000 Cyberjaya, Selangor
Pangsapuri Daisy
No. 8-406, Block 8, Pangsapuri Daisy, Jalan Dinar U3/1, Taman Subang Perdana, Section U3, 40150 Shah Alam, Selangor
Taman Impian Ehsan
No. 1-06, Block Kasawari B, Taman Impian Ehsan, 43300 Seri Kembangan, Selangor
Pangsapuri Simfoni Eco Majestic
No. S02-07-12, Jalan Eco Majestic 3A/5, Pangsapuri Simfoni Eco Majestic, 43500 Semenyih, Selangor
Residensi Kesuma 1
No. 7-13A, Residensi Kesuma 1, Jalan Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Menara Premium 1
No. P1-26-8, Menara Premium 1, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
18th Floor
No. F-18-08, 18th Floor, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Lagoon Perdana
No. 3A-01-02 (4-01-02), Block 3A, Pangsapuri Lagoon Perdana, Jalan PJS 9/1, Bandar Sunway, 46150 Petaling Jaya, Selangor
BSP 21
No. C-03-02, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Antara Apartment
No. A3-4-97, Antara Apartment, Jalan Mulia 1/2, Taman Mulia Jaya, 68000 Ampang, 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 5357 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.