5260 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 MH Platinum 2
No. A-13A-05, Residensi MH Platinum 2, Jalan Usahawan 6, Setapak Jaya, 53200 Kuala Lumpur
Apartment Vista Angkasa
No. 4-14-8, Block 4, Apartment Vista Angkasa, Jalan Kerinchi, 59200, Kuala Lumpur
D’ Aman Crimson
No. D-13-09, Block Damai, D’ Aman Crimson, No. 1, Jalan PJU 1A/41, Ara Jaya, 47301 Petaling Jaya, Selangor
Residensi Mutiara
No. B-14-12, Block B, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
The Mark @ Cheras
No. B-15-2, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 43200, Selangor
Residensi Adelia 4
No. C-18-06, Block C, Residensi Adelia 4, Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Savanna Executive Suites
No. D1-11-02, Savanna Executive Suites, Jalan BBLS 2, Bandar Baru Lembah Selatan, 43800 Dengkil, Selangor
Masreca 19
No. B-GF-06, Blok B, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Pangsapuri Pelangi Heights
No. A-1-7, Pangsapuri Pelangi Heights, Jalan Pelangi, 41300 Klang, Selangor
Almera Residensi
No. AR1-15-06, Block AR1, Almera Residensi (Almyra Residence), Laman Puteri 3, Bandar Puteri Bangi, 43000 Kajang, Selangor
Wangsa 118
No. L12A-19, Wangsa 118, Jalan Wangsa Delima, 53300 Kuala Lumpur
Savanna Executives Suites
No. C1-26-03, Savanna Executives Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Pangsapuri Selangorku Bukit Suria
No. 8-11, Pangsapuri Selangorku Bukit Suria, Jalan Bukit Suria, Taman Bukit Suria, 43000 Kajang, Selangor
Taman Jasa Perwira
No. B-06-03 (Developer's Parcel No. B-6-3), Blok B, Taman Jasa Perwira (Lakeview Apartment), 68100 Batu Caves, Selangor
Mutiara Ville
No. F-01-09, Blok F, Mutiara Ville, Cyber 11, 63000 Cyberjaya, Selangor
Damansara Damai Phase 7
No. A-4-09, Damansara Damai Phase 7 (Park Avenue Condominium), Jalan PJU 10/1, 47000 Petaling Jaya, Selangor
Pangsapuri Vista Danau Kota
No. 13-15, Pangsapuri Vista Danau Kota, No. 7, Jalan Danau Saujana 1, Setapak, 53300 Kuala Lumpur
Kenari Condominium
No. K-10-10, Kenari Condominium, Jalan Sri Kenari 10, Taman Sri Kenari Fasa 2, 43000, Kajang, Selangor
Residensi Radia
No. F-3A-3A, Block F, Residensi Radia, No. 3, Persiaran Singghsana, Bukit Jelutong, Section U8, 40150 Shah Alam, Selangor
Pangsapuri Delima
No. J4-2-5, Pangsapuri Delima, Blok J4, Desa Pandan, Jalan Kampung Pandan, 55100 Kuala Lumpur
Pangsapuri D’Rimba
No. D-2-17, Pangsapuri D’Rimba, No. 11, Jalan Kenyalang 11/14, Kota Damansara, 47810 Petaling Jaya, Selangor
Ayuman Suites
No. A-17-25, Ayuman Suites, Jalan Sentosa 2, 53100 Gombak, Selangor
Almera Residensi
No. AR1-17-03, Almera Residensi, Laman Puteri 3, Bandar Puteri, 43000 Kajang, Selangor
Nadayu 62
No. B-06-08, Nadayu 62, Jalan Melawati 8A, Taman Nadayu, 53100 Kuala Lumpur.
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 5260 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.