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.
3rd Floor
No. 3-6-B, 3rd Floor, Block B, Impian Sentosa, Jalan Dato Dagang 6, Taman Sentosa, 41200, Klang, Selangor
Gugusan Seroja
No. 2-1-13, Block 2, Gugusan Seroja, Jalan Cecawi 6/30, Seksyen 6, Kota Damansara, 47830 Petaling Jaya, Selangor
Laguna Biru
No. C-7-8, Block C, Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, Kundang, 48050, Rawang, Selangor
Rumah Pangsa Kos Rendah Seksyen 7
No. 51-1-109, Rumah Pangsa Kos Rendah Seksyen 7, Seksyen 7, 40000, Shah Alam, Selangor
Antara Apartment
No. B1-2-70, Antara Apartment, Jalan Mulia 1/2, Taman Mulia Jaya, 68000 Ampang, Selangor
Puchong Utama Court
No. E-1-12, Block E, Puchong Utama Court, No. 1, Jalan Puchong Utama 7. Taman Puchong Utama, 47140 Puchong, Selangor
Pangsapuri Seri Tanjung
No. A-5-14, Pangsapuri Seri Tanjung, Jalan USJ 16/7, USJ 16, 47630, Subang Jaya, Selangor
Vista Serdang Apartment
No. B-11-08, Vista Serdang Apartment, Jalan Kasturi, Taman Bukit Serdang, Seksyen 12,, 43300, Seri Kembangan, Selangor
Pangsapuri Seri Bintang
No. M2-4-09, Pangsapuri Seri Bintang, Jalan Nova U5/45, Seksyen U5, 40150 Shah Alam, Selangor
Flora Damansara
No. E-07-22A, Block E, Flora Damansara, No.1, Jalan Pju 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Bandar Tasik Selatan
No. D-5-4, Blok D, Jalan 30/146, Bandar Tasik Selatan, 57000 Kuala Lumpur
Astrum Ampang
No. S-43A-28, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Apartment Sri Gotong
No. C-5-3, Apartment Sri Gotong, Sri Gotong/Medan Selayang, 68100 Batu Caves, Selangor
Pangsapuri Gapura Bayu
No. A-02-24, Jalan Puncak Utama 2/7, Pangsapuri Gapura Bayu, Jade Hill, 43000 Kajang, Selangor
Pangsapuri Vista Pinggiran
No. B-1-9, Blok B, Pangsapuri Vista Pinggiran, Jalan Pinggiran Putra 1, Taman Pinggiran Putra, Seksyen 2, 43300, Seri Kembangan, Selangor
Andari Town Villa
No. G1-L1-02, Andari Town Villa, Jalan SH 2/2, Selayang Heights, 68100 Batu Caves, Selangor
Villa Mewah
No. 48-5-7, Villa Mewah, Jalan Perkasa, Taman Salak Selatan, 57100 Kuala Lumpur
2nd Floor
No. 304, 2nd Floor, Blok F4, Wangsa Maju Seksyen 2, 53300 Kuala Lumpur
Jemerlang Apartment
No. C-3A-02, Jemerlang Apartment, Jalan SH 1/3, Selayang Heights, 68100 Batu Caves, Selangor
Residensi Emas
No. A-36-24, Block A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Vista Lavender
No. F-03-26, Pangsapuri Vista Lavender, Persiaran Kinrara Seksyen 3, 47100 Puchong, Selangor
Pangsapuri Laguna Biru
No. C-13-2, Block C, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, Kundang, 48050 Rawang, Selangor
Pangsapuri Suria Perdana
No. A-18-8, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43300 Seri Kembangan, Selangor
Apartment Taman Medan Jaya
No. D-11-01, Blok D, Apartment Taman Medan Jaya, No. 2A, Jalan PJS 2/1, Petaling Jaya, 46000 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.