5260 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.
V-Residensi
No. B-3A-12A, Block B, V-Residensi, Persiaran Selayang Height, 68100 Batu Caves, Selangor
Residensi Pandan Mas 2
No. C-36-07, Residensi Pandan Mas 2, Lorong Delapan, Kampung Pandan, 55100 Kuala Lumpur
Emerald Residence
No. 6-22, Emerald Residence, Jalan Mutiara Cheras 1, 43200 Cheras, Selangor
Desa Idaman
No. H-05-05, Block H, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150 Puchong, Selangor
Tower C
No. C1507, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000, Cyberjaya, Selangor
Edusentral
No. I-18-03, Block I, Edusentral, No. 1, Jalan Setia Murni U13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Duet Residensi
No. B-03-03, Duet Residensi, Jalan Kinrara 6, Bandar Kinrara, 47180 Puchong, Selangor
Duet Residensi
No. B-02-03, Duet Residensi, Jalan Kinrara 6, Bandar Kinrara, 47180 Puchong, Selangor
Residensi Alam Vista Aman
No. B-33-03, Block B, Residensi Alam Vista Aman (Residens Ava), No. 1, Jalan Benteng Utara, Kiara Bayu Kepong, 52000 Kuala Lumpur
Tower A
No. A-23A-03, Tower A, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Regalia Service Apartment
No. A-11-01, Block A (Madison), Regalia Service Apartment, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Pangsapuri Mawar
No. B-19-8, Pangsapuri Mawar, No. 1, Jalan 7/48A, Sentul Perdana, Bandar Baru Sentul, 51000, Kuala Lumpur
Tulip Residensi
No. A-11-06, 11th Floor, Block A, Tulip Residensi, Persiaran Metafasa, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Danau Idaman Condominium
No. A -19-8, 19th Floor, Block A, Danau Idaman Condominium, Jalan 2/109F, Taman Danau Desa, 58100 Kuala Lumpur
Perdana View Condominium
No. B/616, Perdana View Condominium, Bandar Damansara Perdana, 47820 Sungai Buloh, Selangor
Tower C
No. C03A06, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Tower C
No. C0307, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Twin Residences
No. B-20-02, Block B, Twin Residences, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
Maisson Residence
No. B1-23-3, Block 1, Maisson Residence, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Mawar Sari
No. E-4-1, Block E, Mawar Sari, Jalan 17/56, Ampang, Ulu Klang, 54200 Kuala Lumpur
The Wharf Residence
No. 28-27-12, The Wharf Residence, Jalan Tasik Prima 6/2, Taman Tasik Prima, 47150 Puchong, Selangor
Residensi Opal
No. A-08-01, Residensi Opal, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Apartment Vista Angkasa
No. 4-14-8, Block 4, Apartment Vista Angkasa, Jalan Kerinchi, 59200, Kuala Lumpur
Residensi MH Platinum 2
No. A-13A-05, Residensi MH Platinum 2, Jalan Usahawan 6, Setapak Jaya, 53200 Kuala Lumpur
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 5260 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.