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.
Sensory Residence
No. A-19-13, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Pangsapuri Idaman Melur
No. B-01-01, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Residensi Emas
No. A-14-28, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Suria Perdana
No. B-8-6, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43300, Seri Kembangan, Selangor
Residensi Adelia 3
No. B-18-6, Residensi Adelia 3, Jalan Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Endah Regal Condominium
No. A-7-3, Block A, Endah Regal Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Residensi Adelia 3
No. C-16-5, Blok C, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Adelia 4
No. B-13-06, Block B, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
The Mark @ Cheras
No. B-15-3A, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 68000 Ampang, Selangor
Green Acre Park Condominium
No. A4-6-6, Block A4, Green Acre Park Condominium, Bandar Sungai Long, 43300 Kajang, Selangor
Residensi Wangsamas
No. A-18-11, 18th Floor, Block A, Residensi Wangsamas, No. 1, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
Taman Bukit Angkasa Off Jalan Pantai Dalam
No. 18-2-6, Blok 18, Jalan 7/112A, Taman Bukit Angkasa Off Jalan Pantai Dalam, 59200 Kuala Lumpur
Casmaria Apartment
No. A-4-30, Tingkat 3, Block A, Casmaria Apartment, Jalan Samudera Utama, Taman Samudera, 68100 Batu Caves, Selangor
Flora Damansara
No. F-08-19, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Bandar Baru Klang
No. A-G-9, Persiaran Bukit Raja 1, Bandar Baru Klang, 41150 Klang, Selangor
Apartment Laguna Biru
No. C-11-12, Apartment Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, 48050 Kundang, Selangor
Ascotte Boulevard
No. A-22-03A, Block A, Ascotte Boulevard, Jalan Bandar Rinching 6/1, Bandar Rinching, 43500, Semenyih, Selangor
Residensi Emas
No. B-37-04 (Developer's Parcel No. 1393), Blok B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Pusat Bandar Putra Permai
No. C-12-17, Blok C, 3 Elements, Persiaran Putra Permai Selesa, Pusat Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Flora Damansara
No. E-03A-22, Block E, Flora Damansara, No.1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Permai Prima
No. B1-12-06, Permai Prima, Jalan Permai M, Bukit Ampang Permai, 68000 Ampang, Selangor
Apartment Jasmin
No. 1-3-15, Apartment Jasmin, Jalan Pluto U5/138, Seksyen U5, Shah Alam, Selangor
Prestige Residence
No. B-7-02, Prestige Residence, No. 1, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Ritze Perdana 2
No. A-12-07, Block A, Ritze Perdana 2, No. 3, Jalan PJU 8/1, Damansara Perdana, 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 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.