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.
Flat Medan Cahaya
No. E-6-11, Flat Medan Cahaya, Jalan PJS 2C/2, Taman Medan Cahaya, 46000 Petaling Jaya, Selangor
Gugusan Siantan
No. 1-3-11, Blok 1, Gugusan Siantan, Jalan Sepah Puteri 5/7, Kota Damansara, 47810, Petaling Jaya, Selangor
Residensi Warnasari 1
No. Akasia Suria GR-24, Residensi Warnasari 1, Jalan Residensi Warnasari 13/1, Section 13, 42300 Bandar Puncak Alam, Selangor
Gugusan Semarak
No. 10-4-16, Block 10, Gugusan Semarak, Jalan Camar 4/1, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Rumah Pangsa Seksyen 18
No. 11-04-406, Rumah Pangsa (Kos Sederhana) Seksyen 18, Jalan Pinang Siri 18/3, Seksyen 18, 40200, Shah Alam, Selangor
Pangsapuri Alora
No. 215, Tingkat 1, Block A1, Pangsapuri Alora, Jalan Damai 25/60, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Klang
No. A-1-6 Pangsapuri Impian Meru, Jalan Nenas Impian Madu KU/10, Persiaran Hamzah Alang, 42200 Meru, Klang, Selangor
Apartment Taman Kembara
No. S-18, 2nd Floor, Apartment Taman Kembara, Jalan 12/KU04, Taman Kembara, Rantau Panjang, 42100 Klang, Selangor
Apartment Impiana
No. 1-14, Apartment Impiana, Jalan Tanjung Utama 1, Laman Semanggi, 43500 Semenyih, Selangor
Villa Sentosa
No. 6-1A, Block A, Villa Sentosa, Jalan Dato Yusof Shahbudin 3, Taman Sentosa, 41200 Klang, Selangor
Pangsapuri Cempaka Sari
No. A-3-4, Block A, Pangsapuri Cempaka Sari, Jalan 9/1, Persiaran Usahawan, Taman IKS, Seksyen 9, 43650 Bandar Baru Bangi, Selangor
Pangsapuri Seri Proton
No. C1-B-11, Block C1, Pangsapuri Seri Proton, Lorong Samarinda 6A, Off Jalan Kebun, 41000 Klang, Selangor
Pangsapuri Sri Meranti
No. P6-3-304, Pangsapuri Sri Meranti, No. 2, Persiaran Meranti, Bandar Sri Damansara, 52200 Petaling Jaya Selangor
Desa Mentari 2
No. B10-11-09, Block 10, Jalan PJS 2B/1, Desa Mentari 2, 46000 Petaling Jaya, Selangor
Rumah Pangsa Seksyen 18
No. 13-04-409, Rumah Pangsa (Kos Sederhana) Seksyen 18, Jalan Pinang Siri 18/3, Seksyen 18, 40200, Shah Alam, Selangor
Taman Medan Cahaya
No. E-06-02, Blok E, Taman Medan Cahaya, No. 49, Jalan PJS 2C/2, 46000, Petaling Jaya, Selangor
Bukit OUG Condominium
No. 9-12-8, Bukit OUG Condominium, Blok 9, Jalan 3A/155, Bukit OUG, 58200 Kuala Lumpur
Residensi Emas
No. A-41-25, Block A, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Menara Premium 1
No. P1-29-9, Menara Premium 1, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
Menara Premium 2
No. P2-14-19, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, 71800 Nilai, Negeri Sembilan
Pangsapuri Vista Lavender
No. G-4-1, Pangsapuri Vista Lavender, Persiaran Kinrara Seksyen 3, 47100 Puchong, Selangor
Pangsapuri Vista Lavender
No. C-1-17, Block C, Pangsapuri Vista Lavender, Persiaran Kinrara, Seksyen 3, 47100 Puchong, Selangor
Residensi Rimbun
No. B-07-12, Block B, Residensi Rimbun (Canopy Hills), Jalan Zamrud Utama, Persiaran Kajang 2, 43000 Kajang, Selangor
Pangsapuri Rimba 2
No. C-18-12, Pangsapuri Rimba 2, Jalan Lengkuas 16/19, Seksyen 16, 40200, Shah Alam, 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 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.