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 Kesuma 1
No. 21-17, Residensi Kesuma 1, Jalan Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Pangsapuri Idaman BSP
No. A-12-13, Pangsapuri Idaman BSP, Jalan SP 11/1, Bandar Saujana Putra 1, 47130 Puchong, Selangor
Residensi Bistaria
No. C-11-10, Residensi Bistaria, Jalan Ukay Bistari, Taman Ukay Bistari, Hulu Klang, 68000 Ampang, Selangor
Ixora Apartment
No. 8-32, Ixora Apartment, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kepong, Selangor
Taman Bukit Pelangi
No. B-05-13, Block Suria B, Jalan TBP 1, Taman Bukit Pelangi, Off Jalan Batu Tiga Lama, 47610 Subang Jaya, Selangor
Pangsapuri Seri Bintang
No. M1-3-10, Pangsapuri Seri Bintang, Jalan Nova U5/45, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Meriah
No. D-19-13A, Block D, Residensi Meriah, Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Sri Camellia Apartment
No. P2-B11-03, Parcel P2, Sri Camellia Apartment, Taman Sepakat Indah Sg Chua, 43000, Kajang, Selangor
Residensi Kesuma 1
No. 9-16, Residensi Kesuma 1, Jalan Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Residensi Meriah
No. C-14-12 (Developer's Parcel No. C-13A-12), Blok C, Residensi Meriah, Persiaran Kajang 2, 43000 Kajang, Selangor
Pusat Komersial Seksyen 7
No. V3/18-A, Block M, Jalan Plumbum V 7/V, Pusat Komersial Seksyen 7, 40000 Shah Alam, Selangor
Impian Sentosa
No. C-3-34, Impian Sentosa, Jalan Dato Dagang, Taman Sentosa, 41200 Klang, Selangor
Taman Equine
No. C4-4-2, Block C, Jalan Putra Permai 2, Taman Equine, 43300 Seri Kembangan, Selangor
Menara Suria
No. A-10-01, Menara Suria, Jalan Subang Mas, Taman Subang Mas, 47620 Subang Jaya, Selangor
Pangsapuri Asteria
No. B-3A-2, 4th Floor, Block B, Pangsapuri Asteria, Persiaran Delima 4/KS09, Bandar Parklands, 41200 Klang, Selangor
Pangsapuri Putra
No. E-4-14, Block E, Pangsapuri Putra, Jalan Putra Impian, Taman Putra Impian, 43000 Kajang, Selangor
Mentari Court
No. D-10-16, Blok D, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Goodview Heights 1
No. D3-3-1, Pangsapuri Goodview Heights 1, Goodview Heights, 43000 Kajang, Selangor
Vista Bayu Apartment
No. A-2-77, Block A, Vista Bayu Apartment, Jalan Batu Unjur 9, Taman Bayu Perdana, 41200, Klang, Selangor
Kristal Heights
No. B-5-2, Block B, Kristal Heights, Off Jalan SG 9/8, Taman Sri Gombak, 68100, Batu Caves, Selangor
Mirai Residences
No. D-27-13, Block D (Fuyu), Mirai Residences (Residensi Meriah), Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Mentari Court
No. E-05-24, Blok E (on-site is Tower E), Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Mentari Court
No. A-14-23, Blok A (on-site is Tower A), Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Tangerine Suites
No. 01-12, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, 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.