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.
Apartment Taman Medan Jaya
No. F-7-11, Block F, Apartment Taman Medan Jaya, No. 2A, Jalan PJS 2/1, 46000 Petaling Jaya, Selangor
Silk Sky
No. 15-20, Silk Sky, Jalan KB 2/15, Kampung Baru Balakong, 43300 Seri Kembangan, Selangor
Perdana Park Apartment
No. P2B-2-06, Perdana Park Apartment, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Pangsapuri Vistaria
No. B-7-10, Block B, Pangsapuri Vistaria, Jalan DM 1, Taman Desa Millennia, 47150 Puchong, Selangor
Pangsapuri Putra Permai
No. C3-5-1, Block C, Pangsapuri Putra Permai, Jalan Putra Permai 2, Taman Equine, 43300, Seri Kembangan, Selangor
Apartment Desa Putra
No. A2-2-06, Block Jati, Apartment Desa Putra, Jalan Bunga Raya 2, Taman Batu Caves, 68100, Batu Caves, Selangor
Pangsapuri Sri Anggerik 2
No. J-5-03, Pangsapuri Sri Anggerik 2, Jalan Bandar Puchong Jaya, Bandar Puchong Jaya, 47100 Puchong, Selangor
Apartment Sri Hijauan
No. C201, Apartment Sri Hijauan, Jalan Ukay Perdana 2/1, Taman Ukay Perdana, 68000 Ampang, Selangor
Pangsapuri Jenderam Indah
No. A-4-10, Block A, Pangsapuri Jenderam Indah, Taman Jenderam Indah, 43800 Dengkil, Selangor
Tower 7
No. B7/J/2-7, Tower 7 (Palazo Trissini), Taman Puteri (Venice Hills), 43200 Cheras, Selangor
Taman Desa Batu Caves
No. B/2-6, Block B, Jalan Desa Batu Caves 1/3, Taman Desa Batu Caves, 68100 Batu Caves, Selangor
Taman Anggerik Villa II
No. C4-03A-06, Jalan Anggerik Villa 2/2, Taman Anggerik Villa II, 43000 Kajang, Selangor
Pangsapuri Meranti USJ 1
No. J11-11-14, Tingkat 11, Blok J, Pangsapuri Meranti USJ 1, 47620, Subang Jaya, Selangor
Pangsapuri Saujana Permai 1
No. 1-01-03, Block 1, Pangsapuri Saujana Permai 1, Jalan Mutiara 4, Taman Saujana Permai, 43000 Kajang, Selangor
Tower A
No. A-18-7, Tower A (Asphire Tower), Kanvas SOHO, Jalan Teknorat 6, Cyber 5, 63000 Cyberjaya, Selangor
Menara C @ Bandar Belia
No. C-L11-12, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Kenanga Apartment
No. 6B-03-01, 3rd Floor, Block B, Kenanga Apartment, Jalan Wawasan 2/3, Pusat Bandar Puchong, 47160 Puchong, Selangor
Dahlia Apartment
No. N-B-9, Dahlia Apartment, Jalan Pandan Indah 25, Pandan Indah, 55100 Kuala Lumpur
BSP 21
No. B-11-08, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Kiara Plaza
No. A-30-02, Block A, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Residensi Max
No. B-38-08, Residensi Max, No. 6, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Parklane OUG Service Apartment - Blok A2
No. A2-28-3A, Parklane OUG Service Apartment - Blok A2, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Tunas Residensi
No. B-6-6, Block B, Tunas Residensi, Taman Nada Bidara, 71900 Labu, Negeri Sembilan
Pangsapuri Seri Meranti
No. B-04-06, Block B, Pangsapuri Seri Meranti, Jalan PH 4, Taman Puchong Hartamas, 47100 Puchong, 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.