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.
Cambridge Tower
No. CT-13A-08, Cambridge Tower, Garden Plaza, Cyber 3, 63000 Cyberjaya, Selangor
Mentari Court
No. E-11-8, Block E, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Sri Penara
No. D-09-04, Blok D, Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000 Cheras, Kuala Lumpur
Pangsaria Petaling Condominium
No. 60-9-14, Block 60, Pangsaria Petaling Condominium, Jalan 1/125E, Taman Desa Petaling, 57100 Kuala Lumpur
Flat Taman Bunga Negara
No. 501, Tingkat 5, Block 27, Flat Taman Bunga Negara (Kos Sederhana), Jalan Selayang Satu 27/27A, Seksyen 27, 40400, Shah Alam, Selangor
Sri Lavender Apartments
No. P11-C-00-01, Sri Lavender Apartments, Jalan Sepakat Indah 2/2, Taman Sepakat Indah, Sungai Chua, 43000 Kajang, Selangor
Sri Cempaka Apartment
No. KF-02-15, Block F, Sri Cempaka Apartment, Persiaran Indera, Pusat Bandar Puchong, 47160, Puchong, Selangor
Subang Perdana Goodyear Court 6
No. J3-04-05, Subang Perdana Goodyear Court 6, Persiaran Kewajipan, USJ 8, 47610, Subang Jaya, Selangor
Sri Cempaka Apartment
No. P13-B-00-03A, Sri Cempaka Apartment, Jalan Sepakat Indah 2/2, Taman Sepakat Indah II, Sungai Chua, 43000 Kajang, Selangor
Menara Seri Cengal
No. 6-2-7, 2th Floor, Menara Seri Cengal, Jalan 27/56, Ampang Ulu Kelang, 54200 Kuala Lumpur
Pangsapuri Villamas
No. D-6-2, 6th Floor, Pangsapuri Villamas, Jalan Muhibbah KU3, Kampung Sungai Pinang, 42100 Klang, Selangor
Taman Gemilang
No. 2-35, Block B, Tingkat 2, Jalan Gemilang 2, Taman Gemilang, 68100 Batu Caves, Selangor
Flora Damansara
No, E-23-18, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
SOHO Suites Sunsuria Forum
No. SS-11-15, 11th Floor, SOHO Suites Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Camelia Court Apartment
No. B6-4-2, Camelia Court Apartment, Jalan Nilam 4/9, Taman Nilai Impian, 71800 Nilai, Negeri Sembilan
One Selayang
No. 12A-3B, Block A, Jalan OS 1/2, One Selayang, 68100 Batu Caves, Selangor
Pangsapuri Orkid
No. 10-03-17, 3rd Floor, Block 10, Pangsapuri Orkid, Jalan Pluto U5/138, Seksyen U5, 40150 Shah Alam, Selangor
E-19-03
No, E-19-03, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Sri Langkawi 1
No. 08-01-29, Sri Langkawi 1, Blok 8, Off Jalan Gombak, 53000 Kuala Lumpur
Laksamana Jaya
No. B-07-10, Blok B, Laksamana Jaya, Jalan Laksamana 2, Kampung Laksamana, Off Jalan Sungai Tua, 68100, Batu Caves, Selangor
Taman Tun Teja
No. 02-16, Block Teratai, Taman Tun Teja, 48000 Rawang, Selangor
Rumah Pangsa Sri Saujana
No. E-4-15, Blok E, Rumah Pangsa Sri Saujana, Jalan SP 4/2, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Pangsapuri Sri Anggerik 2
No. E225, Block E, Tingkat 2, Pangsapuri Sri Anggerik 2, Jalan Bandar Puchong Jaya, 47100, Puchong, Selangor
Kinrara Indusatrial Park
No. F5-11, Jalan TK 5/1, 13KM Jalan Puchong, Kinrara Indusatrial Park, 47190, Puchong, 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.