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 Melodi Perdana
No. MPB-15-06, Jalan Perdana 1, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Sri Dahlia Apartment
No. P10-C-02-06, 2nd Floor, Block C, Sri Dahlia Apartment, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, 43000 Kajang, Selangor
Desa Pandan
No. E3-4-3, Block E3, Jalan 1/76B, Desa Pandan, 55100, Kuala Lumpur
Sri Penara
No. B-11-09, Blok B, Sri Penara, Jalan Permaisuri 1, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Pangsapuri Putra
No. E-8-6, Blok E, Pangsapuri Putra, Jalan Putra Impian, Taman Putra Impian, 43000, Kajang, Selangor
Kenangan View Apartment
No. NB-03-09, Jalan Bukit Kenangan, Kenangan View Apartment, 43000, Kajang, Selangor
Pangsapuri Permai Seri
No. PS-5-14, Pangsapuri Permai Seri, Jalan 13D, Taman Dato Ahmad Razali, 68000, Ampang, Selangor
Aman Tiga Apartment
No. AT1-3A-l, 3a, Block AT1, Jalan Aman, Aman Tiga Apartment, Desa Aman Puri, Kepong, 52100, Kuala Lumpur, Kuala Lumpur
Menara Aspire
No. A-26-01, Menara Aspire, Kanvas, Jalan Teknokrat 6, Cyber 5, 63000, Cyberjaya, Selangor
Pangsapuri Idaman Melur
No. A-08-19, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Jade Tower
No. 3-2-1, 2nd Floor, Jade Tower, Seri Mas Condominium, Jalan 4/89A, Batu 3 1/2, Jalan Cheras, 56000, Kuala Lumpur
Petaling Indah Condo Blok 10
No. 10-10-06, Petaling Indah Condo Blok 10, Jalan 1C/149, Petaling Indah, Off Jalan Sg Besi, 57100 Kuala Lumpur
Desa View Towers
No. 18-05-09, Block 18, Desa View Towers, Jalan 1/4A, Off Jalan Genting Klang, 53100 Kuala Lumpur
Avelon Tower
No. A2-10-01, Avelon Tower (Block A2), Plaza Medan Putra, Jalan Medan Putra 6, Bandar Sri Menjalara, 52200 Kuala Lumpur
Winner Heights
No. 28-11-4, Blok 28, Winner Heights, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Danau Murni Condominium
No. B-18-8, Blok Bidara, Danau Murni Condominium, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Bandar Sri Permaisuri
No. A-05-21, Block A Sri Penara, No. 6, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Prima Saujana
No. PS-13-24, Prima Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Pangsapuri Melodi Perdana
No. MPB-19-09, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Taman Cheras Utama
No. 2-02-10, Block 2, Jalan CU 1/A, Taman Cheras Utama, 43200 Cheras, Selangor
Mentari Court Apartment
No. C-1-6, Block C, Mentari Court Apartment, Jalan PJS 8/9, 46150 Petaling Jaya, Selangor
Oakleaf Park Condominium
No. C-1-3A, Block C, Oakleaf Park Condominium, Persiaran Bukit Jaya, Taman Bukit Jaya, 68000 Ampang, Selangor
Residensi Emas
No. B-31-13, Block A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Residensi Rimbun Perkasa
No. 35-25, Residensi Rimbun Perkasa (D'Vine Residences), No. 8, Jalan PJU 8/8B, Sentral Damansara, PJU 8, 47820 Petaling Jaya, 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.