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.
Vision Residence
No. B-7-1, Block B, Vision Residence, 47120 Puchong, Selangor
Pangsapuri Danaumas
No. 807-7-4, Pangsapuri Danaumas, Jalan Platinum 7/58, Seksyen 7, 40000 Shah Alam, Selangor
Pangsapuri V-Residensi
No. A-15-2, Block A, Pangsapuri V-Residensi, Persiaran Selayang Heights, 68100 Batu Caves, Selangor
Residensi Zahra 1
No. B-15-10, Block B, Residensi Zahra 1, Jalan Zahra 1, 43500 Semenyih, Selangor
The Scott Garden
No. A-18-02, 18th Floor, Block A, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri De Bayu
No. DB01-9-12, Pangsapuri De Bayu, No. 2, Persiaran Setia Makmur, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Residensi Neksus Kajang
No. A-11-12, Residensi Neksus Kajang, Jalan Bukit, 43000 Kajang, Selangor
Cemara Apartment
No. B116, Cemara Apartment, Jalan Seksyen 3/1, Taman Kajang Utama, 43000, Kajang, Selangor
Koi Prima
No. A-16-3A, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Palm Spring @ Damansara
No. F2313A, Block F, Palm Spring @ Damansara, No. 1, Jalan Pju 3/29, 47810, Petaling Jaya, Selangor
Pangsapuri Suria Perdana
No. B-17-8, 17th Floor, Block B, Pangsapuri Suria Perdana (Fortune Park), Persiaran Serdang Perdana, Taman Serdang Perdana, Section 4, 43300, Seri Kembangan, Selangor
Aspire Residence
No. 2-11-11, Block 2, Aspire Residence, Jalan Aspire 1, 63000 Cyberjaya, Selangor
The Scott Garden SOHO Blok A
No. A-10-12, The Scott Garden SOHO Blok A, Kompleks Rimbun Scott, Jalan Klang Lama, 58000 Kuala Lumpur
Parklane OUG Service Apartment
No. C1-7-5, Block C1, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Menara C
No. C-15-03, Menara C, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Seri Puri Apartment
No. D-3A-17, Seri Puri Apartment, Jalan Aman, Desa Aman Puri, 52100, Kepong, Selangor
The Scott Garden Soho Rimbun Scott Garden
No. B-08-03A, Block B, The Scott Garden Soho Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Puteri Bayu
No. A-12-05, Block A, Pangsapuri Puteri Bayu, Jalan Puteri 11/1, Bandar Puteri, 47100, Puchong, Selangor
Residensi Sky Awani
No. D-13A-01, Blok D, Residensi Sky Awani, Jalan Batu Muda Tambahan 3, 51100 Kuala Lumpur
Pangsapuri Bukit Kuda
No. D-3-2, Pangsapuri Bukit Kuda, Jalan Perak, 41300 Klang, Selangor
Shaftsbury Residences
No. B-02-07, Block B, Shaftsbury Residences, Jalan Impact, Cyber 6, 63000 Cyberjaya, Selangor
Green Acre Park Condominium
No. A2-6-3A, Block A, Green Acre Park Condominium, Jalan Sungai Long, Bandar Sungai Long, 43000, Kajang, Selangor
Prima Seremban Sentral
No. M2-9-6, Blok M2, Prima Seremban Sentral, Jalan Prima 1, 70000 Seremban, Negeri Sembilan
Taman Ltat
No. A-1-6, Block A, Jalan Bukit Jalil Indah 4, Taman Ltat, 57000 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.