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.
Selangorku Prima Lakefront Homes
No. B-17-10, Selangorku Prima Lakefront Homes, Persiaran Sepang Cyber 11, 63000 Cyberjaya, Selangor
Mentari Court
No. G-10-18, Block G, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Southville City
No. B-21-13, Cerrado, Jalan Southville 1, Southville City, 43800, Sepang, Selangor
Residensi Mutiara
No. A-17-05, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Idaman Melur
No. A-09-25, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Cerrado Southville City
No. B-20-06, Cerrado (Blok B) Southville City, 43800 Dengkil, Selangor
Pangsapuri Suria Rafflesia
No.B-06-13A, Pangsapuri Suria Rafflesia, Jalan Setia Perdana U13/28, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Pelangi Damansara
No. F-11-5, Block F (Melati), Pelangi Damansara, PJU 6, Persiaran Surian, 47800 Petaling Jaya, Selangor
Pangsapuri Seri Jati
No. 02-04-13, Pangsapuri Seri Jati, No 2, Jalan Setia Gemilang U13/45c, Setia Alam,Seksyen U13, 40170 Shah Alam, Selangor
Bayu Residensi @ Seri Temenggung
No. 1-38-10, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Pangsapuri Idaman Melur
No. A-14-26, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Sri Cempaka Apartment
No. KE-04-04, Blok E, Sri Cempaka Apartment, Persiaran Indera, Pusat Bandar Puchong, 47160 Puchong, Selangor
Residensi Sri Tanjung
No. 12-04, Residensi Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500 Semenyih, Selangor
Viista Millennium Condominium
No. Blok Bougainvilla, 03A-01, Viista Millennium Condominium, Jalan Dm 1, Taman Desa Millennia, 47150, Puchong, Selangor
Vista Prima
No. C-15-03, Block C, Vista Prima, Persiaran Bukit Puchong, Bandar Bukit Puchong, 47100 Puchong, Selangor
Menara U2
No. 17-10, Menara U2, Jalan Boling Padang 13/62, Seksyen 13, 40100, Shah Alam, Selangor
Pangsapuri Idaman Melur
No. A-20-34, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Landmark Residence 2
No. B-27-13A, Landmark Residence 2, Landmark Residence, 43000 Kajang, Selangor
9th Floor
No. 9-14-09, 9th Floor, Block Chengal, Jalan Rimba, Taman Desaminium, Lestari Perdana, 43300 Seri Kembangan, Selangor
Apartment Sri Lavender
No. P11-C-03A-06, 03Ath Floor, Block C, Apartment Sri Lavender, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, 43000 Kajang, Selangor
Residensi Awani 3
No. C-45-07, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Prisma Cheras
No. 12-5-2, Block 12, Prisma Cheras, Jalan Midah 8A, Taman Midah, 56000 Kuala Lumpur
Angkasa Impian Condominium
No. 20-20-5, Angkasa Impian Condominium (On-Site Is Angkasa Impian 1), Jalan Tong Shin, 50200 Kuala Lumpur
Pangsapuri Ss 6
No. 804, Blok A, Pangsapuri Ss 6, Jalan Ss 6/1, Kelana Jaya, 47301, Petaling Jaya, 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.