1291 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.
Pangsapuri Aria
No. A-11-02, Pangsapuri Aria, No. 213, Jalan Tun Razak, 50400 Kuala Lumpur
Lake Point Residence
No. 43, Jalan LPR 5, Lake Point Residence, Cyber 11, 63000, Cyberjaya, Selangor
Residensi Sembilan Cheras
No. C1-03-03, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Tower C
No. C1-5-1, St Mary Residences, Tower C, Jalan Tengah, 50250 Kuala Lumpur
Residensi Pantai Sentral 2
No. 39-1, Residensi Pantai Sentral 2, Jalan Pantai Murni 7, off Jalan Pantai Dalam, Pantai Sentral, 59200, Kuala Lumpur
Bougainvilla Apartment
No. 9B, Bougainvilla Apartment, No. 27, Jalan 1/77B, Off Jalan Changkat Thambi Dollah, 55100 Kuala Lumpur
Riana Green East
No. C-4-8, Riana Green East, Jalan Wangsa Delima 7, Wangsa Maju, 53300 Kuala Lumpur
La Grande Kiara
No. A-8-8, La Grande Kiara, No.11, Jalan Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Tower C
No. C-6-6, Vogue, Tower C, Mont Kiara, Verve Suites, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
Windows On The Park
No. A-11-03, Blok A, Jalan Kpb 18, Windows On The Park, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Idaman Robertson
No. S-13-01, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpur
Royal Tower
No 19-2-3, Royal Tower, Mont Kiara Palma, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
Residensi Duta Park
No. A-45-01, Residensi Duta Park, Jalan Kuching, 51200 Kuala Lumpur.
Lacosta
No. B-13-03A, Block B, Lacosta, Jalan Tasik Selatan, Sunway South Quay, Bandar Sunway, 47500 Subang Jaya, Selangor
Bangsar Puteri
No. 47-4-8, Bangsar Puteri, No. 41, Jalan Medan Serai, Bukit Bandaraya, 59100 Kuala Lumpur
Tower C
No. C-13-7, Tower C, Pacific Towers, Jalan 13/6, Seksyen 13, 46200 Petaling Jaya, Selangor
The Mews
No. A-9-2, The Mews, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Marc Service Residence
No. A-13-10, Marc Service Residence, No. 3, Jalan Pinang, 50450, Kuala Lumpur
Capital Square
No. 10-3, No. 2, Persiaran Capsquare, Capital Square, The Capsquare Residences, 50100, Kuala Lumpur
Residensi Bayan Desa Petaling (On site Is Tower
No. C-32-01, Residensi Bayan Desa Petaling (On site Is Tower C, Nidoz Residences @ Desa Petaling), No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Residensi Pudu Alam Rekreasi
No. 22-10, 22nd Floor, Residensi Pudu Alam Rekreasi, No. 5, Jalan Pudu Perdana, 56100 Kuala Lumpur
Residensi Infiniti 3
No. B-9-8, Residensi Infiniti 3, No. 1, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Sfera Residensi
No. C-LG-3A, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Residensi Vyne
No. D-9-1, Residensi Vyne, Jalan 1/108d, Sungai Besi, 57100, 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 1291 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.