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.
Vista Millennium Condominium
No. C-15-09, Vista Millennium Condominium, Jalan Desa Millenium 1, Taman Desa Millennia, 47150, Puchong, Selangor
Mentari Court Apartment
No. E-10-21, Block E, Mentari Court Apartment, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Aspire Residence
No. 3-24-03, Blok 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Pangsapuri Melodi Perdana
No. MPA-20-08, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Residensi Adelia 3
No. C-14-4, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Bukit Palma 2
No. 11-10, Residensi Bukit Palma 2, Jalan Bukit Palma 2, 43000 Kajang, Selangor
Menara B @ Bandar Belia
No. B-L13-10, Menara B (Begonia) @ Bandar Belia, Jalan Bandar Belia 1/4, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Pangsapuri Suria Rafflesia
No. A-07-12, Pangsapuri Suria Rafflesia, Jalan Setia Perdana U13/28, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Pangsapuri Cempaka
No. 2C-13A-07, Pangsapuri Cempaka, Jalan Merdeka Permai 1, Merdeka Villa, 68000 Ampang, Selangor
Seroja Apartment
No. K-1-15, Seroja Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Pangsapuri Amazing
No. A-7-10, Pangsapuri Amazing, Jalan Udang Kara 20B/KS3, Sungai Udang, 41250 Klang, Selangor
Pelangi Damansara
No. F-10-13a, Blok F (melati), Pelangi Damansara, Pju 6, Persiaran Surian, 47800, Petaling Jaya, Selangor
Mentari Court
No. E-15-19, Blok E, Mentari Court, Jalan Pjs 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Servis Brunsfield
No. 02-08, Tingkat 2, Pangsapuri Servis Brunsfield, No. 3, Jalan Yoga 13/42, Seksyen 13, 40100, Shah Alam, Selangor
Menara B
No. B-25-06, Menara B (Begonia), Youth City @ Vision City, Jalan Bandar Belia 1/4, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Menara Premium 2
No. P2-29-19, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71700, Negeri Sembilan
Pangsapuri Subang Suria
No. 7-2-25, Pangsapuri Subang Suria, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Dataran Palma
No. B6-2, Block B, Jalan Selaman 1, Dataran Palma, Off Jalan Ampang, 68000 Ampang, Selangor
Menara Premium 2
No. P2-39-19, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu Putra Nilai, 71800 Nilai, Negeri Sembilan
Pangsapuri Subang Suria
No. 7-4-08, Pangsapuri Subang Suria, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Emas
No. A-41-01, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor.
Residensi Adelia
No. E-21-12, Residensi Adelia, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Hillpark Residence
No. A-19-3, Hillpark Residence, Jalan 1/11, 43500 Semenyih, Selangor
Bayu Residensi @ Seri Temenggung
No. 1-39-19, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 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.