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.
Desa Jaya Villa
B-06-13, Blok B, Desa Jaya Villa, 70400 Seremban, Negeri Sembilan
Pangsapuri Safira
No. A-12-05, Pangsapuri Safira, Persiaran S2 / E1, Seksyen E, Seremban 2, 70300 Seremban, Negeri Sembilan
Menara Premium 1
No. P1-34-12, Menara Premium 1, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan
Apartment Dahlia
No. A-4-8, Apartment Dahlia, Jalan 1/27, Taman Setapak Jaya Baru, 53300 Kuala Lumpur
Laman Seri Harmoni
No. B-26-10, Laman Seri Harmoni (Lsh 33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Menara U
No. 19-15, Menara U, No. 2, Jalan Boling Padang 13/62, Seksyen 13, 40100 Shah Alam, Selangor
BSP 21
No. J-22-05, Block J, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Putra
No. C-5-11, Block C, Pangsapuri Putra, Jalan Putra Impian, Taman Putra Impian, 43000 Kajang, Selangor
Sri Dahlia Apartment
No. P10-B-09-01, Sri Dahlia Apartment, Jalan Sepakat Indah 2/2, Taman Sepakat Indah II, Sungai Chua, 43000 Kajang, Selangor
Pangsapuri Melodi Perdana
No. MPB-G-19, Block MPB, Pangsapuri Melodi Perdana, Jalan Perdana 1, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Akasia
No. A-3-02A, Pangsapuri Akasia, Persiaran Kasuarina Bandar Botanik, 41200, Klang, Selangor
Parklane OUG Service Apartment
No. B1-15-01, Block B1, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Mawar
No. A-18-2, Pangsapuri Mawar, Jalan 7/48A, Sentul Perdana, 51000 Kuala Lumpur
Pangsapuri Belimbing Heights
No. B-5-11, Blok B, Pangsapuri Belimbing Heights, Jalan Belimbing Indah, Taman Belimbing Indah, 43300, Seri Kembangan, Selangor
Ascotte Boulevard
No. B-11-26, Block B, Ascotte Boulevard, Jalan Bandar Rinching 6/1, Bandar Rinching, 43500 Semenyih, Selangor
Desajaya Villa
No. C-05-05, Block C, Desajaya Villa, Jalan Desajaya 2, Taman Desajaya, 70400 Seremban, Negeri Sembilan
Residensi Awani IV
No. B-43A-07, Residensi Awani IV, No. 6, Jalan Santuari Utama, 53100 Setapak, Kuala Lumpur
Residensi Vista Wirajaya
No. A-32-08, Block A, Residensi Vista Wirajaya, Jalan 1/23E, Taman Melati, 53300 Kuala Lumpur
Menara Impian
No. A5-5, Menara Impian, Tasik Heights Apartment, Jalan Liku Tasik Selatan, Bandar Tasik Selatan, 57100 Kuala Lumpur
Laman Seri Harmoni
No. B-35-02, Laman Seri Harmoni, Jalan Batu Muda Tambahan 3, Sentul, Kuala Lumpur
Pangsapuri Aliran Damai
No. A-2-12, Blok A, Pangsapuri Aliran Damai, Jalan Damai Perdana 5/2, Bandar Damai Perdana, 56000 Kuala Lumpur
Bayview Court 1d
No. 52-00-14, Block 52, Bayview Court 1d, Jalan Seri Sentosa 8 (Jalan 8/133), Taman Sri Sentosa, Off Jalan Klang Lama, 58000 Kuala Lumpur
Fadason Business Centre
No. A-5-2, Block A, Fadason Business Centre, Jalan 1/17, Taman Fadason, 52000 Kuala Lumpur
Level 42
No. C2-42-06, Level 42, Block C2, RC Residences (also known as Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
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.