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.
Taman Anggerik Villa Ii
No. C1-03-10, Jalan Anggerik Villa 2/2, Taman Anggerik Villa Ii, 43000 Kajang, Selangor Darul Ehsan
Pangsapuri Cassia
No. S01-18-01, Block S01, Pangsapuri Cassia, Jalan Ecohill 1/2, Setia Ecohill, 43500, Semenyih, Selangor
Pangsapuri Desa Impian
No. B-04-02, Block B, Pangsapuri Desa Impian, Jalan Sri Puchong 2, Taman Sri Puchong, 47160 Puchong, Selangor
Pangsapuri Waja
No. M13A-3-06, Block M13A, Pangsapuri Waja, Jalan Tun Perak 5, Taman Tun Perak, 43200 Cheras, Selangor
Kompleks Midlandscity
No. A-25-03A, Block A, Kompleks Midlandscity, Persiaran Setia Mayuri - Midlands, 43500 Semenyih, Selangor
Pangsapuri Sri Cempaka
No. B506, Pangsapuri Sri Cempaka, Bandar Puchong Jaya, 47100, Puchong, Selangor
Seraya Apartment
No. CG-26, Seraya Apartment, Jalan Seksyen 3/1A, Taman Kajang Utama, 43000 Kajang, Selangor
Menara Premium 2
No. P2-27-17, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
Residensi Rimbun
No. B-09-02, Residensi Rimbun, Jalan Zamrud Utama, Persiaran Kajang 2, 43000, Kajang, Selangor
Pangsapuri Kita Impian
No. A-11-04, Pangsapuri Kita Impian, Persiaran Cybersouth Perdana, 43800 Dengkil, Selangor
Residensi Adelia 2
No. B-25-5, Residensi Adelia 2, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Taman Puchong Indah
No. 1-1B, Jalan Indah 3/2, Taman Puchong Indah, 47150 Puchong, Selangor
Laksamana Puri
No. PL-3A-19, Laksamana Puri, Jalan Laksamana 5, Kampung Laksamana Jaya, 68100, Batu Caves, Selangor
Astaria Apartment
No. 18, Blok C (Chryssa), Astaria Apartment, Jalan Kosas Utama, Taman Kosas, 68000, Ampang, Selangor
Residensi Sutera 7
No. A-11-08, Block A, Residensi Sutera 7, Jalan Sutera 1/2, Taman Sutera, 43000, Kajang, Selangor
Pangsapuri Idaman Melur
No. B-18-17, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Studio 14
No. 07-11, Studio 14, No. 4, Persiaran Perbandaran, Seksyen 14, 40000 Shah Alam, Selangor
Vista Millennium Condominium
No. C-13A-08, Block Cassia, Vista Millennium Condominium, Jalan DM 1, Taman Desa Millenia, 47150, Puchong, Selangor
Vista Seri Putra Apartment
No. D-G-005, Blok D, Vista Seri Putra Apartment, Jalan Seri Putra 2/3, Bandar Seri Putra Bangi, 43000, Kajang, Selangor
Pangsapuri Sri Kerjaya
No. 403, Tingkat 3, Blok 2, Pangsapuri Sri Kerjaya, Jalan Pegawai U1/33, Seksyen U1, 40150, Shah Alam, Selangor
Pangsapuri Merak
No. M2-3-19, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor
Tangerine Suite
No. 02-32, Tangerine Suite, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Tower A
No. A-18-11, Tower A, Cerrado, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Bayu Temiang
No. C-5-8, Block Camelia, Bayu Temiang, Jalan Bayu, 70200 Seremban, Negeri Sembilan
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.