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.
Taman Cheras Utama
No. 3-06-01, Block 3, Jalan CU 1/A, Taman Cheras Utama, 43200 Cheras, Selangor
Residensi Zamrud
No. E-10-12, Blok E, Residensi Zamrud, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Idaman BSP
No. A-12-16, Pangsapuri Idaman BSP, Jalan SP 11/1, Bandar Saujana Putra, 47130 Puchong, Selangor
Sunsuria Forum – SOHO
No. SS-31-11, Sunsuria Forum – SOHO, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Tangerine Suites
No. 17-12, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-23A-19, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Pangsapuri Sri Anggerik
No. H-403, Pangsapuri Sri Anggerik, Bandar Puchong Jaya, 47170, Puchong, Selangor
Apartment Laguna Biru
No. E-5-1, Block E, Apartment Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, 48050 Rawang, Selangor
Pangsapuri Kinrara Putri
No. 7-3, Pangsapuri Kinrara Putri, Jalan TK 4/12, Taman Kinrara Sek. 4, 47190, Puchong, Selangor
Riverdale Park
No. G-22, Blok G, Riverdale Park, Bukit Antarabangsa, 68000 Ampang, Selangor
Laguna Biru 2
No. C-04-09, Laguna Biru 2, Jalan Tasik Biru 2, Taman Tasik Biru, 48050 Rawang, Selangor
Apartment Taman Medan Jaya
No. I-8-12A, Blok I, Apartment Taman Medan Jaya, Jalan Pjs 2/1, 46000 Petaling Jaya, Selangor
Nadayu 63
No. B-12-08, Nadayu 63, Jalan Melawati 8, Taman Nadayu, 53100 Hulu Kelang, Selangor
Pangsapuri Sri Anggerik 2
No. 1-4-04, Pangsapuri Sri Anggerik 2, Jalan Bandar Puchong Jaya, Bandar Puchong Jaya, 47100 Puchong, Selangor
Alinea Suites
No. 22-03, Alinea Suites, No. 1, Presint 2.8, Jalan Perdagangan 14/4, Seksyen 14, 40000 Shah Alam, Selangor
Hijau Ria Apartment
No. 5-5-9, Block 5, Hijau Ria Apartment, Jalan 1/1A, Taman Kepong Indah, 52100 Kuala Lumpur
Benteng 8
No. 33A-07, Benteng 8, (Skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
Mentari Court
No. B-11-2, Blok B, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Taman OUG Parklane
No. A2-19-06, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Perkhidmatan Suria Putra
No. 13-26, Pangsapuri Perkhidmatan Suria Putra, Jalan BRP 2/1, Bukit Rahman Putra, Seksyen U20, 40170 Shah Alam, Selangor
Tulip
No. A-28-10, Tulip, No. 6, Persiaran Metafasa, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Green Acre Park Kondo
No. A8-4-1, Blk A8, Green Acre Park Kondo, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Residensi Pr1ma Alam Damai
No. A4-39-01, 39th Floor, Block A4, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Residensi Adelia
No. E-18-4, Block E, Residensi Adelia, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, 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.