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 Emas
No. A-27-32, Blok A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
I-SOHO
No. A-10-8, I-SOHO, 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Sri Kenanga Apartment
No. C501, Sri Kenanga Apartment, Jalan Bangau 3, Bandar Puchong Jaya, 47170, Puchong, Selangor
Kompleks EVO
No. B-21-03A, Jalan Pusat Bandar 2, Kompleks EVO, 43650 Bandar Baru Bangi, Selangor
Pangsapuri Selangorku @ Danau Ria
No. B1-G-09, Blok 1, Pangsapuri Selangorku @ Danau Ria, Bandar Gamuda Gardens, 48050 Rawang Selangor
Lakeview Apartment
No. A-06-06, Block A, Lakeview Apartment, Taman Jasa Perwira, 68100 Selayang Baru, Selangor
Horizon Suites
No. D-17-10, Horizon Suites, Jalan Horizon, Bandar Sunsuria, 43900 Sepang, Selangor
Tinta Residensi
No. C-2-6, Block C, Tinta Residensi, Taman Nada Bidara 71900 Labu, Negeri Sembilan
Pandan Indah
No. 18-2A, Jalan Pandan Indah 4/33, Pandan Indah, 55100 Kuala Lumpur
Garden Park Condominium
No. E-8-1, Block E, Garden Park Condominium, Jalan Sungai Long 12, Bandar Sungai Long, 43000 Kajang, Selangor
Pangsapuri Damai
No. E-9-13, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
KR7 Residences
No. A-19-9, KR7 Residences, Jalan TPP 5, Taman Mas Langat, 47130 Puchong, Selangor
Mentari Court
No. B-14-10, Block B, Mentari Court, Jalan PJS 8/9, Taman Sri Mentari, 46150, Petaling Jaya, Selangor
Sri Saujana
No. SS-13A-13A, Sri Saujana, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Tower 9
No. B9/C1/06-10, Tower 9 (Palazo Zeno), Venice Hill Condominium, Persiaran Puteri 1, Taman Puteri, 43200, Cheras, Selangor
Pusat Komersial Amaniah
No. 13A-A-2, Pusat Komersial Amaniah, Jalan Amaniah Mulia 3, Taman Amaniah Mulia, 68100 Batu Caves, Selangor
Menara Regensi Condominium
No. SW-3A-15, Menara Regensi Condominium, Jalan Pelangi, 41300 Klang Selangor
Pangsapuri Seri Seraya
No. 01-06-14, Pangsapuri Seri Seraya, Persiaran Puncak Bestari 2, Puncak Bestari, 42300 Bandar Puncak Alam, Selangor
Prestige Residence
No. A-G-25, Blok A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Alinea Suites
No. 12-08, Alinea Suites, Jalan Perdagangan 14/4, Seksyen 14, 40000 Shah Alam, Selangor
The Residence 1
No. 12-12, The Residence 1, Jalan Tiara South 6, Tiara South, 43500 Semenyih, Selangor
Residensi Selangorku Begonia
No. B-15-1, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Residensi Selangorku Begonia
No. B-19-01, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500, Semenyih, Selangor
Residensi Selangorku Begonia
No. C-13-7, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, 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.