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.
Bayu Temiang
No. C-4-3, Block Camelia, Bayu Temiang, Jalan Bayu, 70200 Seremban, Negeri Sembilan
Tower B
No. B-03A-08 (B-04-08), Tower B, Residensi Aman Bukit Jalil, Jalan Jalil Impian 1, Bukit Jalil, 57000 Kuala Lumpur.
Residensi Emas
No. A-30-26, Block A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Menara A
No. A-23A-11, Menara A, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Pusat Komersil Seksyen 7
No. AA2/10-B, Block D, Jalan Plumbum AA 7/AA, Pusat Komersil Seksyen 7, 40000 Shah Alam, Selangor
Cyberia Smarthomes
No. A2-11-8, Cyberia Smarthomes, Persiaran Multimedia, 63000 Cyberjaya, Selangor
Plaza Damas 3
No. B-3-3A, Block B, Plaza Damas 3, No. 63, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
Endah Regal Condominium
No. B-4-6, Block B, Endah Regal Condominium, Jalan 3/149E, Taman Seri Endah, 57000 Sri Petaling, Kuala Lumpur
Pangsapuri Sri Penara
No. B-06-14, Block B, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, Cheras, 56000 Kuala Lumpur
Residensi Puchongmas
No. L13-10, Residensi Puchongmas, No. 6, Jalan Puchong Mesra 2, Batu 7 1/2, Off Jalan Puchong, 58200 Kuala Lumpur
Tangerine Suites
No. 16-28, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Akasia Residensi
No. 24-7, Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Dahlia Court
No. B3-G-08, Block B3, Dahlia Court, Taman Dahlia, 43900 Sepang, Selangor
Berkeley Uptown Residences
No. C-10-07, Block C, Berkeley Uptown Residences, Jalan Tampin 1/KU1, Off Jalan Goh Hock Huat, 41400 Klang, Selangor
Menara B
No. B-11-2, Menara B, ARC @ Ampang Ukay, 68000 Ampang, Selangor
Pangsapuri Idaman Abadi
No. B-24-9, Block B, Pangsapuri Idaman Abadi, Persiaran Tropicana Heights, 43500 Semenyih, Selangor
I-SOHO
No. A1-24-9, I-SOHO, No. 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Seroja Apartment
No. A-3-02, Seroja Apartment, Jalan Putra Perdana 10, Taman Putra Perdana, 47130 Puchong, Selangor
South City Apartment
No. B-10-06, Blok B, South City Apartment, Persiaran Serdang Perdana, Taman Serdang Perdana, Seksyen 1, 43300 Seri Kembangan, Selangor
Pangsapuri Asteria
No. A-1-18, Pangsapuri Asteria, Persiaran Delima 4/KS09, Bandar Parklands, 41200 Klang, Selangor
Mirai Residences
No. A-23-11, Blok A, Mirai Residences (Residensi Meriah), Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Pangsapuri Goodview Heights 1
No. C5-2-1, Pangsapuri Goodview Heights 1, Jalan Goodview 1, Goodview Heights, 43000 Kajang, Selangor
Pangsapuri Suria Permai
No. B-13-06, Pangsapuri Suria Permai, Persiaran Permai Sentosa, Pusat Bandar Putra Permai, 43300, Seri Kembangan, Selangor
162 Residency
No. B-4-22, 162 Residency, KM 12, Jalan Ipoh-Rawang, 68100 Batu Caves, 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.