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.
Pangsapuri Belimbing Heights
No. A-13-4, Blok A, Pangsapuri Belimbing Heights, Jalan Belimbing Indah, Taman Belimbing Indah, 43300, Seri Kembangan, Selangor
H-13-22
No, H-13-22, Block H, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Flora Damansara
No. H-25-01, Block H, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Prima Bayu Apartment
No. A-3-42A, Prima Bayu Apartment, Jalan Batu Unjur 9, Taman Bayu Perdana, 41200, Klang, Selangor
Mentari Court
No. D-12-02, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Venice Hill Tower 10 Condominium
No. A10/D2/06-6, Palazzo Azura, Venice Hill Tower 10 Condominium, Persiaran Puteri Satu, Taman Puteri, 43200, Batu 9, Cheras, Selangor
Apartment Sri Lavender
No. P11-D-01-01, 1st Floor, Block D, Apartment Sri Lavender, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, 43000 Kajang, Selangor
Northwood Suites
No. N-15-12, Northwood Suites, Edusphere Suites, Jalan Edusphere 2, Edusphere, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Camellia
No. M01-03-05, Block M1, Pangsapuri Camellia, Jalan Ecohill 1/2, Setia Ecohill, 43500 Semenyih, Selangor
Desa Mutiara Apartment
No. H-03-09, Block H, Desa Mutiara Apartment, No. 3, Lorong PJU 7/15B, Mutiara Damansara, 47800 Petaling Jaya, Selangor
Vista Impiana
No. 09-18, 10, Vista Impiana, Jalan BS 10/2, Taman Bukit Serdang, Seksyen 10, 43300, Seri Kembangan, Selangor
Sri Raya Apartment
No. P4-B-01-02, Sri Raya Apartment, Off Jalan Pasir Emas, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Tangerine Suites
No. 22-30, Tangerine Suites, Persiaran Sunsuria, Sunsuria City, 43900 Sepang, Selangor
BBK Condominium
No. B-5-6, Block B, BBK Condominium, Persiaran Bukit Raja 1, Bandar Baru Klang, 41150 Klang, Selangor
Pangsapuri Melodi Perdana
No. MPA-13-13, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Harmoni Eco Majestic
No. H01-06-05, Jalan Eco Majestic 3A/5, Pangsapuri Harmoni Eco Majestic, 43500 Semenyih, Selangor
16th Floor
No. P13-A-16-09, 16th Floor, Block A, Sri Cempaka Apartments, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, Sungai Chua, 43000 Kajang, Selangor
Apartment Suria
No. C-201, Block C, Apartment Suria, Jalan PJU 10/4C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Mentari Court
No. C-1-21, Blok C, Mentari Court, Jalan Pjs 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Suria Mewah Residensi
No. 3-08, Jalan Dusun, Suria Mewah Residensi, 43500 Semenyih, Selangor
Vista Prima
No. A-04-11 (A-03A-11), Vista Prima, Persiaran Bukit Puchong, Bandar Bukit Puchong, 47100 Puchong, Selangor
Flora Damansara
No. E-19-01, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Menara Simfoni
No. C-28-20, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300 Seri Kembangan, Selangor
Pangsapuri Casa Embun
No. B-03-11, 3rd Floor, Block B, Pangsapuri Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, 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.