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.
Residensi Selangorku Begonia
No. B-21-11, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Vista Saujana
No. VS-5-25, 5th Floor, Vista Saujana, No. 1, Jalan Wangsa 2/6, Taman Wangsa Permai, Selangor
Pangsapuri Permai
Unit No. C-13-4, 13th Floor, Block C, Pangsapuri Permai, No. 2, Jalan Landai Permai, Sungai Besi, 57100, Kuala Lumpur
Greenview Apartment
Jalan 2/40, Taman Pusat Kepong, 52000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Taman Setapak Indah
No. F-3-5, Blok F, Jalan 13C/6, Taman Setapak Indah, 53300 Kuala Lumpur
Taman Medan Cahaya
No. A-13-06, Block A, Taman Medan Cahaya, Jalan PJS 2C/2, 46000 Petaling Jaya, Selangor
Apartment Taman Medan Jaya
No. D-13-07, 13th Floor, Block D, Apartment Taman Medan Jaya, No. 2A, Jalan PJS 2/1, 46000 Petaling Jaya, Selangor
Pandan Utama
No. SA11-3-A, Lorong Pandan Pertama 5, Pandan Utama, Kampung Pandan Dalam, 68000 Ampang, Selangor
Pangsapuri Permai Court 1
No. PC1-3-12, Pangsapuri Permai Court 1, Jalan 16A, Taman Dato' Ahmad Razali, 68000 Ampang, Selangor
Megah Villa Apartment
No. H-01-13, Megah Villa Apartment, Kota Warisan, 43900, Sepang, Selangor
Rumah Pangsa Permai
No. A-1-9, Rumah Pangsa Permai, No. 5, Jalan PJS 1/25, Taman Petaling Utama 7, 46000 Petaling Jaya, Selangor
Puchong Utama Court 1
No. D-2-4, Block D, Puchong Utama Court 1, Jalan Puchong Utama 7, Bandar Puchong Utama, 47100 Puchong, Selangor
Laguna Biru
No. D-3-6, Jalan Tasik Biru 17, Laguna Biru, Taman Tasik Biru, 48050, Rawang, Selangor
Desa Mentari
No. B5-7-34, Blok 5, Jalan PJS 6/5A, Desa Mentari, 46000, Petaling Jaya, Selangor
Pangsapuri Cendana
No. 7-4-35, 4th Floor, Block 35, Pangsapuri Cendana, Jalan Metafasa U16/3, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
Apartment Saujana
No. M-223, Block M, Tingkat 3, Apartment Saujana, No. 1, Jalan PJU 10/1C, Damansara Damai, PJU 10, 47830, Petaling Jaya, Selangor
Pangsapuri Alora
No. 304, 2nd Floor, Block A1, Pangsapuri Alora (Mediterrannean), Jalan Damai 25/60, Seksyen 25, Taman Sri Muda, 40400 Shah Alam, Selangor
Gugusan Dedap
No. 7-1-15, Block 7, Gugusan Dedap, Jalan Kenyalang 11/1, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor
Wangsa Maju Seksyen 4
No. 204, Blok B9, Jalan 6/27A, Wangsa Maju Seksyen 4, 53300 Kuala Lumpur
Pangsapuri Angsana
No. D4-04-06, Block D, Pangsapuri Angsana, USJ 1, 47620, Subang Jaya, Selangor
Sri Sunway Apartment
No. C-04-02, Sri Sunway Apartment, Taman Sunway Kinrara, 47190, Puchong, Selangor
Menara C
No. C-L30-05, Menara C (Camelia), Youth City Residence @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Taman Bukit Inai
No. D-3-8, Block D, Jalan Bukit Inai 5, Taman Bukit Inai, 71700, Mantin, Negeri Sembilan
Pangsapuri Impian Sentosa
No. 3-9-B, Pangsapuri 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.