5529 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.
6th Floor
No. B-6-11, 6th Floor, Block B, Puncak Bayan, Jalan 3/118B, Taman Connaught, 56000 Kuala Lumpur
Jade Tower
No. 2A, Jade Tower, O.G Heights Condominium, No. 60, Jalan Awam Cina, Taman Yarl, Off Jalan Klang Lama, 58200 Kuala Lumpur
Pangsapuri Melur
No. A-12-7, Blok A, Pangsapuri Melur, Jalan 2/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Aman Puri Apartment
No. C-2-6, Block C, Aman Puri Apartment, Jalan Aman, Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Apartment Servis Sentrovue B
No. 2-12-11, Apartment Servis Sentrovue B, Jalan PPAJ 5, Pusat Perdagangan Alam Jaya, 42300 Bandar Puncak Alam, Selangor
Bangunan Gaya Irama D2
No. D2-2-03, Bangunan Gaya Irama D2, Jalan M U6/M, Pekan Subang, Seksyen U6, 40150 Shah Alam, Selangor Darul Ehsan
Menara Simfoni
No. C-37-13A, Block C, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300 Seri Kembangan, Selangor
Menara U2
No. 25-5, Menara U2, Jalan Boling Padang 13/62, Seksyen 13, 40100, Shah Alam, Selangor
Apartment Service Sentrovue A
No. 1-12-13, Apartment Service Sentrovue A, Jalan PPAJ 5, Pusat Perdagangan Alam Jaya, 42300 Bandar Puncak Alam, Selangor
Perdana Villa
No. B-5-1, 5th Floor, Block B, Perdana Villa, Jalan Temenggung 19, Taman Sentosa Perdana, 41000, Klang, Selangor
Mentari Court
No. E-15-09, Blok E, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Vista Bangi
No. A-35-16, Vista Bangi, Jalan Reko, 43000 Kajang, Selangor
Pangsapuri Idaman Abadi
No. G-13-8, Block G, Pangsapuri Idaman Abadi, Persiaran Tropicana Heights, 43500 Semenyih, Selangor
Pangsapuri Idaman BSP
No. B-20-13, Pangsapuri Idaman BSP, Jalan SP 11/1, Bandar Saujana Putra, 47130 Puchong, Selangor
Magna Ville Selayang
No. B13A-01, Magna Ville Selayang, Lebuhraya Selayang-Kepong, 68100, Batu Caves, Selangor
Kenangan View Apartment
No. SB-09-07, Kenangan View Apartment, Jalan Bukit Kenangan, Taman Bukit Kenangan, 43000, Kajang, Selangor
Prima Bayu Apartment
No. A-3A-31, Prima Bayu Apartment, Jalan Batu Unjur 9, Taman Bayu Perdana, 41200, Klang, Selangor
Pangsapuri Sri Melor
No. E-3-06, Block E, Pangsapuri Sri Melor, Jalan Ukay Perdana 4, Taman Ukay Perdana, 68000 Ampang, Selangor
Sri Cempaka Apartment
No. P13-B-13A-08, Sri Cempaka Apartment, Taman Sepakat Indah, Sg. Chua (R/P), 43000, Kajang, Selangor
Juta Mines Kondominium
No. B-13A-13, Level 14, Block B, Juta Mines Kondominium, Jalan Tanmin Permai 1, 43300 Balakong, Selangor
Pangsapuri Kasuarina
No. G-3A-11, Pangsapuri Kasuarina, Persiaran Kasuarina/KS07, Bandar Botanic, 41200 Klang, Selangor
Menara C @ Bandar Belia
No. C-L16-10, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Residensi Skyawani 2
No. B-15-10, Residensi Skyawani 2, No. 1a, Jalan 2/12, Kampung Batu Muda, 51100 Kuala Lumpur
Menara D
No. D-20-06, Menara D, The ARC, Persiaran Bestari, Cyber 11, 63000 Cyberjaya, 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 5529 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.