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.
Parklane OUG Service Apartment
No. B1-20-7, Block B1, Parklane OUG Service Apartment, No. 1, Jalan 1/52, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Suria Perdana
No. A-17-8, Pangsapuri Suria Perdana, Taman Serdang Perdana, Sek 4, 43300, Seri Kembangan, Selangor
Pangsa Murni Apartment
No. 325, Block N, Pangsa Murni Apartment, Jalan 6/27A, Wangsa Maju Seksyen 6, 53300 Kuala Lumpur
Flora Damansara
No. E-10-22, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Desa Impiana Condominium
No. H-12-03, Block H, Desa Impiana Condominium, Jalan Prima Utama 2, Taman Puchong Prima, 47150, Puchong, Selangor
Shorea Park Residence 1
No. MB-15-01 (B-15-01), Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Pangsapuri Damai Mewah B
No. C-07-32, Pangsapuri Damai Mewah B, Taman Damai Mewah, 43000 Kajang, Selangor
Tulip Residensi
No. A-12-11, Block A, Tulip Residensi, Persiaran Metafasa, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Menara A ARC
No. A-8-16, Menara A ARC, Ampang Ukay, 68000, Ampang, Selangor
Pangsapuri Seri Indah
No. 3-11 (on-site is No. 311), Pangsapuri Seri Indah, Jalan Sungai Besi Indah 3, Taman Sungai Besi Indah Seksyen 3, 43300, Seri Kembangan, Selangor
Aspire Residence
No. 2-12-05, Block 2, Aspire Residence, Jalan Aspire 1, 63000 Cyberjaya, Selangor
Pangsapuri Lily
No. 3-G-32, Pangsapuri Lily, Jalan Metafasa U16/5, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Menara B @ Bandar Belia
No. B-L16-04, Menara B (Begonia) @ Bandar Belia, Jalan Bandar Belia 1/4, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Residensi Adelia 4
No. B-26-13, Block B, Residensi Adelia 4, Jalan Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Puncak Seri Kelana Condominium
No. 1-3-11, Block 1, Puncak Seri Kelana Condominium, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Residensi Chambers
No. 20-18, Residensi Chambers (Also Known Residensi Kamar Putra), 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Pangsapuri Damai Vista
No. B13-03A, Blok B, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, 56000 Kuala Lumpur
PS-3-10
PS-3-10, Prima Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200, Kuala Lumpur
Desajaya Villa Apartment
No. B-02-14, Block B, Desajaya Villa Apartment, Taman Tasik Jaya, 70400 Seremban, Negeri Sembilan
Aman Puri Apartment
No. C-2-3, Block C, Aman Puri Apartment, Jalan Aman, Desa Aman Puri, Kepong, 52100 Kuala Lumpur.
Pangsa Ria
No. 60-8-2, Blok 60, Pangsa Ria, Jalan 1/125e, Desa Petaling, 57100, Kuala Lumpur
Pangsapuri Puncak Baiduri
No. B-6-07, Block B, Pangsapuri Puncak Baiduri, Jalan Puncak Baiduri, 43200 Cheras, Selangor
Pangsapuri Sri Anggerik
No. B-4-10 Block B, Pangsapuri Sri Anggerik, Jalan Bandar Puchong Jaya, Bandar Puchong Jaya, 47170, Puchong, Selangor
The Scott Garden
No. C-18-09, Block C, The Scott Garden, No. 289, Jalan Klang Lama, 58000 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.