5232 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.
Mewah Court Condominium
No. D-10, Mewah Court Condominium, Jalan Bukit Indah, Taman Bukit Mewah, 43000 Kajang, Selangor
Seroja Apartment
No. K-G-13, Seroja Apartment, Jalan Putra Perdana 10, Taman Putra Perdana, 47130 Puchong, Selangor
Puchong Utama Court 2
No. HH-2-12, Block HH, Puchong Utama Court 2, No. 1, Jalan Puchong Utama 7, Taman Puchong Utama, 47140 Puchong, Selangor
Pangsapuri Alora
No. A1-1-214, Pangsapuri Alora, Jalan Damai 25/60, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Pangsapuri Pelangi Ara
No. G-06-1, Block G, Pangsapuri Pelangi Ara, Pelangi Utama, Jalan Teratai, PJU 6A, 47400 Petaling Jaya, Selangor
Rumah Pangsa Kos Rendah Seksyen 7
No. 48-3-305, Rumah Pangsa Kos Rendah Seksyen 7, Seksyen 7, 40000 Shah Alam, Selangor
Apartment Golden Villa
No. D-10-10, Block D, Apartment Golden Villa, Jalan Temenggung 37/KS7, Taman Sejahtera, 41000 Klang, Selangor
Pangsapuri Rimba 2
No. C-09-02, Pangsapuri Rimba 2, No. 5, Jalan Lengkuas 16/19, Seksyen 16, 40200 Shah Alam, Selangor
Pandan Utama
No. SA35-G, Lorong Pandan Pertama 3, Pandan Utama, 55100 Ampang, Selangor
Kinrara Industrial Park
No. D3-05, Jalan TK 5/1, Kinrara Industrial Park, KM 13, Jalan Puchong, 47100 Puchong, Selangor
The Residence 1 @ Tiara South
No. 1-3A, The Residence 1 @ Tiara South, Tiara South, 43500 Semenyih, Selangor
Pangsapuri Lily
No. 02-04-34, Pangsapuri Lily, Jalan Metafasa U16/5, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Cyberia Smarthomes A
No. A3-7-1, Cyberia Smarthomes A, Cyberia, Cyber 11, 63000, Cyberjaya, Selangor
Iris Apartment
No. F-104, Iris Apartment, Persiaran Saujana 4, Taman Saujana Utama, 47000, Sungai Buloh, Selangor
Residensi Rimbun
No. B-08-06, Block B, Residensi Rimbun, Jalan Zamrud Utama, 43000 Kajang, Selangor
Southville City
No. B-24-06, Cerrado (Blok B), Southville City, 43800 Dengkil, Selangor
Pangsapuri Laguna Biru
No. D-2-10, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Kundang, 48050 Rawang, Selangor
Apartment Laguna Biru
No. D-15-5, Apartment Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, 40850 Rawang, Selangor
Pangsapuri Golden Villa
No. B-2-8, Pangsapuri Golden Villa, Jalan Temenggung 37/KS7, Di Jalan Kebun, 41000 Klang, Selangor
Pangsapuri Sri Raya
No. C-4-06, Pangsapuri Sri Raya, Jalan Ukay Perdana 3, Ukay Perdana, 68000 Ampang, Selangor
Pangsapuri Arista
No. F-0-16, Pangsapuri Arista, Persiaran Delima 1/KS09, Bandar Parklands, 41200 Klang, Selangor
Pangsapuri Taman Industri Lembah Jaya
No. 08-24, Block A, Pangsapuri Taman Industri Lembah Jaya, Off Jalan Lembah Jaya, Taman Industri Lembah Jaya, 68000 Ampang, Selangor
Taman Bukit Idaman
No. 38A, Jalan Bukit Idaman 8/1, Taman Bukit Idaman, 68100 Batu Caves, Selangor
Impian Sentosa
No. 3-4-B, Block B, Impian Sentosa, Jalan Dato Dagang 6, Taman Sentosa, 41200, Klang, 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 5232 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.