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.
Sri Raya Apartment
No. P4-B-02-11, Sri Raya Apartment, Off Jalan Pasir Emas, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Aspire Residence
No. 3-11-14, Block 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Parklane OUG Service Apartment
No. D2-18-3, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Villaria Condominium
No. A13-2, Block A, Villaria Condominium, Jalan PJS 5/32, 46000 Petaling Jaya, Selangor
Menara C2
No. C2-06-03, Menara C2, Savanna Executives Suites, Southville City, Dengkil, Selangor
Perdana View Condominium
No. A-907, Block A, Perdana View Condominium, No. 2, Jalan PJU 8/1, Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Indah Mas
No. 18-8-9, Pangsapuri Indah Mas, Jalan Ikan Emas, KM 6, Cheras, 56000 Kuala Lumpur
Residensi Minest
No. A-27-12, Residensi Minest, Jalan Sinar Sentul 4, 51000 Kuala Lumpur
Menara Orkid
No. 45-20-3, Menara Orkid, Jalan 3/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
De Tropicana Condo
No. 82-09-40, (on-site is No. 82-9-40), De Tropicana Condo, Jalan 2/116B, 58200 Kuala Lumpur
Tower 1
No. A-38-29, 3rdnvenue @ Embassy Row, Tower 1, 3rdnvenue, 55000, Kuala Lumpur
Residensi Varia
No. A-31-10, Residensi Varia (on-site Vierra Residence), No. 6, Jalan Mas, Bukit Jalil, 58200 Kuala Lumpur
Tower C
No. C-09-12, Tower C, Horizon Suites, Jalan HVO, Bandar Sunsuria, 43900 Sepang, Selangor
Pangsapuri Seri Intan
No. 02-05-06, Pangsapuri Seri Intan, Jalan Setia Gemilang U13/45C, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Sri Manja Square 1
No. 20-2, Block D, Sri Manja Square 1, Jalan PJS 3/46, Taman Sri Manja, 46000 Petaling Jaya, Selangor
Pangsapuri Akasia Residensi
No. 23-04, Pangsapuri Akasia Residensi, Salak Perdana, 43900 Sepang, Selangor
Residensi Emas
No. A-40-28, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor Darul Ehsan
Pangsapuri Sering Casuarina
No. 02-05, Jalan Sering 3, Pangsapuri Sering Casuarina, Taman Sungai Sering, 43200 Cheras, Selangor
Pangsapuri Idaman Melur
No. B-G-19, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Residensi Mutiara
No. C-07-11, Block C, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Seri Warisan @ Selangorku
No. A-07-02, Pangsapuri Seri Warisan @ Selangorku, Jalan WB 7/1, Taman Warisan Bestari, 43900 Sepang, Selangor
Pangsapuri Idaman Melur
No. A-13-05, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Vista Seri Putra
No. K-6-012, Vista Seri Putra, High Rise, Jalan Seri Putra 2/3, Bandar Seri Putra Kajang, 43000, Kajang, Selangor
Residensi Suasana Aman
No. B-09-12, Block B, Residensi Suasana Aman, Jalan Cerdik, Taman Universiti, 43000 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 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.