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.
Taman Bukit Inai
No. D-3A-3A, Block D, Taman Bukit Inai, 71700 Mantin, Negeri Sembilan
Pangsapuri Perdana
No. 1-08-18, Pangsapuri Perdana, Jalan Lompat Pagar 13/37, Seksyen 13, 40100 Shah Alam, Selangor
Pangsapuri Kemuning Aman
No. 1-06-13, Block 1, Pangsapuri Kemuning Aman, No. 2, Persiaran Kemuning Damai, Kemuning Utama, Seksyen 32, 40460, Shah Alam, Selangor
Pangsapuri De Cemara
No. DCM02-03-14, Pangsapuri De Cemara, No. 3, Persiaran Setia Makmur, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Impian Sentosa
No. 7-46-c, Impian Sentosa, Jalan Dato Dagang 6, Taman Sentosa, 41200, Klang, Selangor
Gravit8
No. A1-18-10, Block A1, Gravit8 (Gravit8 @ Klang South), Jalan Bayu Laut/KS 9, Kota Bayuemas, 41200 Pelabuhan Klang, Selangor
Mutiara Ville
No. I-16-15, Block I, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Antara Apartment
No. B1-1-43, Antara Apartment, Jalan Mulia 1/2, Taman Mulia Jaya, 68000 Ampang, Selangor
Pangsapuri Suria Permai
No. A-09-03A, Pangsapuri Suria Permai, Persiaran Permai Sentosa, Pusat Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Pangsapuri Akasia Residensi
No. 36-09, Pangsapuri Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Baiduri Courts
No. A-9-13A, Baiduri Courts, Jalan BP 14, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Apartment Sri Hijauan
No. A 512, Apartment Sri Hijauan, Jalan Ukay Perdana 2/1, Taman Ukay Perdana, 68000 Ampang, Selangor
Residensi Minest
No. A-37-16, Block A, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Residensi Jalilmas
No. B-23A-13, Residensi Jalilmas, No. 75, Lebuhraya Bukit Jalil, 57000 Bukit Jalil, Kuala Lumpur
Pangsapuri Subang Suria
No. 8-6-02, Pangsapuri Subang Suria, Jalan Bintang U5/33, Seksyen U5/33, 40150, Shah Alam, Selangor
Apartment Prima Two
No. A-13-10, Blok A, Apartment Prima Two, Laman View, Cyber 9, 63000 Cyberjaya, Selangor
Parklane OUG Service Apartment
No. B1-20-7, Block B1, Parklane OUG Service Apartment, No. 1, Jalan 1/52, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Kinrara Mas
No. A-10-9, 10th Floor, Block A, Pangsapuri Kinrara Mas, No. 3, Jalan Mas 1, Kinrara Mas, Bukit Jalil, 58200 Kuala Lumpur
Pangsapuri Suasana Aman
No. B-08-07, Block B, Pangsapuri Suasana Aman, Jalan Cerdik, 43000, Kajang, Selangor
Mentari Court
No. F-G-24, 1, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Lake Haven
No. C-13-9, Lake Haven, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Pangsapuri Cheras Utama
No. 2-08-09, Block 2, Pangsapuri Cheras Utama, Jalan CU 1/A, Taman Cheras Utama, 43200, Cheras, Selangor
Sri Cempaka Apartment
No. P13-B-10-03A, Sri Cempaka Apartment, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, 43000, Kajang, Selangor
Pangsapuri Perdana Park
No. P3B-13A-3A, Block P3B, Pangsapuri Perdana Park, Pinggiran Lembah Hijau 7, Bandar Tasik Puteri, 48020 Rawang, 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.