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.
Residensi Pr1ma Alam Damai
No. B3-41-09, Residensi Pr1ma Alam Damai, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-23A-9, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Ampang Tiga
No. A-33-27, Ampang Tiga (Neu Suites), Jalan Nipah Ampang, 55000 Kuala Lumpur
Banjaria Court
No. B3-13-9, Banjaria Court, Jalan Samudera Timur, 68100, Batu Caves, Selangor
Suite A
No. A-01-06, Suite A, D’pulze, Lingkaran Cyber Point Timur, Cyber 12, 63000 Cyberjaya, Selangor
Pangsapuri Heron
No. B-03-06, Pangsapuri Heron, Persiaran Bukit Puchong, Bandar Bukit Puchong, 47120 Puchong, Selangor
25th Floor
No. A1-25-11, 25th Floor, Block A1, Gravit8, Jalan Bayu Laut/KS9, Kota Bayuemas, 41200, Klang, Selangor
Residensi Meriah
No. D-5-7, Block D, Residensi Meriah, Persiaran Kajang 2, 43000 Kajang, Selangor
DK Impian
No. B-14-27, Block B, DK Impian, No. 3, Jalan Uranus U5/125A, Subang Pelangi, Seksyen U5, 40150 Shah Alam, Selangor
Casa Mutiara
No. 17-11-20, Casa Mutiara, Jalan Hang Isap, 50150 Kuala Lumpur
Putra Suria Residensi
No. A-15-09 (on site is A-15-9), Blok A, Putra Suria Residensi, No. 29A, Jalan Jelawat 2, Cheras, 56000 Kuala Lumpur
Bam Villa Condominium
No. 42C-2-4, Bam Villa Condominium, Jalan Pria, Taman Maluri, 55100 Kuala Lumpur
Pangsapuri Baiduri
No. 04-07-07, Pangsapuri Baiduri, Jalan Setia Gemilang U13/47, Seksyen U13, 40170, Shah Alam, Selangor
The Mark @ Cheras
No. В-15-ЗА, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 68000 Ampang, Selangor
Simfoni Heights
No. E-10-11, Block E, Simfoni Heights, Jalan Medan Batu Caves, 68100, Batu Caves, Selangor
Pangsapuri Service Mutiara Anggerik
No. C-1-7, Pangsapuri Service Mutiara Anggerik, No. 3, Jalan Tukul Q 15/Q, Seksyen 15, 40200 Shah Alam, Selangor
Condominium Villa Park
No. B-04-09, Condominium Villa Park, Jalan Cemara, Bukit Serdang, Section 11, 43300 Seri Kembangan, Selangor
Pangsapuri Kasuarina
No. K-5-09, Pangsapuri Kasuarina, Persiaran Kasuarina/KS6, Bandar Botanic, 41200, Klang, Selangor
Mercu Kenwingston
No. C-39-06, Mercu Kenwingston, No. 81, Jalan Gombak, 53000 Kuala Lumpur
Residensi Bukit Tiara
No. A-10-13, Block A, Residensi Bukit Tiara, No. 48, Jalan Karunmas 7, Taman Desa Karunmas, 43300 Seri Kembangan, Selangor
Cyberia Smarthomes
No. B3-8-10, Cyberia Smarthomes, Persiaran Multimedia, 63000 Cyberjaya, Selangor
Tasik Heights Apartment
No. A-06-09, Block Impian, Tasik Heights Apartment, No.6, Jalan Liku, Tasik Selatan 21/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
De Tropicana Condominium
No. 82-09-36, Level 9, De Tropicana Condominium, Jalan 2/116B, 58200 Kuala Lumpur
Residensi Adelia 4
No. A-12-6, Block A, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 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.