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 Mori Scientex Rawang
No. 13-13A, Residensi Mori Scientex Rawang, Taman Scientex Rawang, 48000 Rawang, Selangor
Kenwingston Residence
No. A1-30-01, Block A, Kenwingston Residence, Kenwingston Square Garden, Persiaran Kreatif, Cyber 9, 63000 Cyberjaya, Selangor
Avenue Court
No. C-7-3, Block C, Avenue Court, No. 7, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Meadow Park 2
No. 5-5-15, Meadow Park 2, Jalan 1/130, Taman Gembira, Kuala Lumpur
Residensi Selangorku Begonia
No. B-21-03, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Pangsapuri Perdana Villa
No. C-1-13, 1st Floor, Block C, Pangsapuri Perdana Villa, Jalan Temenggung 19, Off Jalan Sungai Jati, 41200 Klang, Selangor
Verdi Residence
No. 01-39-06, Verdi Residence, Symphony Hills, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Menara Simfoni
No. C-21-6, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300 Seri Kembangan, Selangor
Jade Tower
No. 2A-1-1, Jade Tower, Taman Bukit Indah, 68000 Ampang, Selangor
Sri Baiduri Apartment
No. 6C-04-03, Sri Baiduri Apartment, Jalan Bukit Indah Hujung, Bukit Indah, 68000 Ampang, Selangor
Mentari Court
No. F-15-25, 15th Floor Block F, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Edusentral @ Setia Alam - Phase 3
No. I-14-06, Edusentral @ Setia Alam - Phase 3, No. 1, Jalan Setia Murni U13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Pusat Bandar Putra Permai
No. C-24-15, 24th Floor, Block C, 3 Elements, Persiaran Putra Permai Selesa, Pusat Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Mentari Court
No. D-2-5, Blok D, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Akasia
No. G-3-08, Pangsapuri Akasia, Persiaran Kasuarina, Bandar Botanik, 41200, Klang, Selangor
Sri Lavender Apartments
No. P11-B-02-05, Sri Lavender Apartments, Taman Sepakat Indah, Sungai Chua (R/P), 43000 Kajang, Selangor
Vista Saujana Apartment
No. VS-13-14, Vista Saujana Apartment, No. 1, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur.
Pangsapuri Kesuma
No. D-4-02, Pangsapuri Kesuma, Jalan BK 3/1, Bandar Kinrara, 47180, Puchong, Selangor
Menara B
No. B-L34-08, Menara B (Begonia), Bandar Belia @ Youth City, Jalan Bandar Belia 1/4 Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Setia Alam
No. P-15-07, No. 1, Jalan Setia Murni U13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Puncak Banyan
No. B-12-11, Block B, Puncak Banyan, Jalan 3/118B, Taman Seri Cendekia, 56000 Kuala Lumpur
Laman Villa
No. A-3-10, Blok B, Laman Villa, Taman Bandar Senawang, 70450 Taman Bandar Senawang, Seremban, Negeri Sembilan
Garden Park Condominium
No. E-3-6, Block E, Garden Park Condominium, Jalan Sungai Long 12, Bandar Sungai Long, 43000 Kajang, Selangor
Grandeur Tower
No. CT-E-14, Grandeur Tower, Jalan Pandan Indah 1/16, Pandan Indah, 55100 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.