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.
Pangsapuri De Kiara
No. DK03-07-10, Block 3, Pangsapuri De Kiara, No. 4, Persiaran Setia Makmur, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Apartment Seroja
No. 9-4-30, 4th Floor, Apartment Seroja, Jalan Arca U8/80, Bukit Jelutong Seksyen U8, 40150, Shah Alam, Selangor
17th Floor
No. B-17-03A, 17th Floor, Block B, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Puchong Permata
No. H-2-14, Pangsapuri Puchong Permata, Persiaran Puchong Permai, 47150 Puchong, Selangor
Pangsapuri Idaman Melur
No. B-07-16, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Casmaria
No. A-3-14, Blok A, Pangsapuri Casmaria, Taman Samudra, 68100 Batu Caves, Selangor
Mentari Court
No. F-10-13, Blok F, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Melodi Perdana
No. MPC-14-11, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Camellia
No. M02-06-15, Block M02, Pangsapuri Camellia, Jalan Ecohill 1/2, Setia Ecohill, 43500 Semenyih, Selangor
Pangsapuri Casmaria
No. A-3-14, Block A, Pangsapuri Casmaria, Taman Samudra Fasa 3B, Jalan Samudra Utama, Taman Samudra, 68100 Batu Caves, Selangor
Vista Hatamas
No. B-1-8, Vista Hatamas, Jalan Hatamas Utama, Taman Bukit Hatamas, 43200 Cheras, Selangor
Pusat Komersial Section 7
No. V4/38-B, Block N, Jalan Plumbum V 7/V, Pusat Komersial Section 7, 40000 Shah Alam, Selangor
Savanna Executives Suites
No. D2-25-02, Savanna Executives Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Residensi Bistaria
No. B-08-07, Tingkat 8, Residensi Bistaria, Taman Ukay Bistari, 68000 Ampang, Selangor
The Wharf Residence
No. 18-15-05, The Wharf Residence, Jalan Tasik Prima 6/2, Taman Tasik Prima, 47150 Puchong, Selangor
Mines Resort City
No. A-13A-07, 14th Floor, Block A, D'Warisan (The Heritage), Jalan SB Dagang, Mines Resort City, 43300 Seri Kembangan, Selangor
Pangsapuri Mawar
No. 2A-08-08, Pangsapuri Mawar, Merdeka Villa, Jalan Merdeka Permai 1, Taman Merdeka, 68000 Ampang, Selangor
Sensory Residence
No. A-12-06, 12th Floor, Jalan Southville 1, Sensory Residence, Southville City, 43800, Dengkil, Selangor
Residensi Kesuma 1
No. 14-11, Residensi Kesuma 1, Jalan Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Residensi Zamrud
No. A-05-01, Block A, Jalan Zamrud Utama, Residensi Zamrud, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Cengal
No. C-3-08, 3, Pangsapuri Cengal, Jalan Cheras Hartamas, Taman Cheras Hartamas, 68000, Ampang, Selangor
Pangsapuri Ruby
No. G-312, Block G, Pangsapuri Ruby, Jalan Matahari U5/117, Bandar Pinggiran Subang, Seksyen U5, 40150 Shah Alam, Selangor
I-City
No. E-09-29, Hyde 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Laguna Biru 2
No. A-1-6, Laguna Biru 2, Jalan Tasik Biru 2, Taman Tasik Biru, Kundang, 48050 Rawang, 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.