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.
Pangsapuri Teratai
No. C-00-15, Blok C, Pangsapuri Teratai, Persiaran Prima Utama, Taman Puchong Prima, 47150 Puchong, Selangor
Seri Baiduri Apartment
No. 6A-03-10, Block A, Seri Baiduri Apartment, Jalan Bukit Indah Hujung, Taman Bukit Indah, 68000 Ampang, Selangor
Oakleaf Park Condominium
No. A-09-09, Oakleaf Park Condominium, Persiaran Bukit Jaya, Taman Bukit Jaya, Bukit Antarabangsa, 68000 Ampang, Selangor
Rampai Court Apartment
No. 110, Block C, Rampai Court Apartment, Jalan 43/26, Taman Sri Rampai, 53300 Kuala Lumpur
Bandar Bukit Tinggi 2
No. F-0-15, Bandar Bukit Tinggi 2, Jalan Batu Nilam 34, 41200 Klang, Selangor
Apartment Blok 6
No. 8-3-20, Apartment Blok 6, Blok 7, Blok 8, Jalan 3/116B, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Tower 8
No. B8/J/8-16, Tower 8 (Palazo Caprini), Venice Hill Condominium, Persiaran Puteri Satu, Taman Puteri, 43200, Cheras, Selangor
F-17-12A
No, F-17-12A, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Kiambang
No. B-1-02, Pangsapuri Kiambang, Taman Putra Perdana, 47130 Puchong, Selangor
Edusentral
No. P-11-06, Block P, Edusentral, No. 1, Jalan Setia Murni U13/51, Setia Alam Seksyen U13, 40170 Shah Alam, Selangor
Astana Alam 1
No. Jentayu 01-10, Jalan Astana 13/3, Astana Alam 1, Section 13, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Camellia
No. M01-11-13A, Block M01, Pangsapuri Camellia, Jalan Ecohill 1/2, Setia Ecohill, 43500 Semenyih, Selangor
Cheras Perdana Apartment
No. B-428, Cheras Perdana Apartment, Lorong CP 2/10, Taman Cheras Perdana, 43200, Cheras, Selangor
Taman Bunga Negara
No. 27-215, Jalan Selayang Satu 27/27A, Taman Bunga Negara, Seksyen 27, 40400 Shah Alam, Selangor
Megah Villa Apartments
No. F-3-15, Megah Villa Apartments, Jalan Warisan Megah 1/6, Kota Warisan, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Sri Camelia Apartment
No. P2-B-02-11, Sri Camelia Apartment, Jalan Sepakat Indah 3, Taman Sepakat Indah, 43000, Kajang, Selangor
Pangsapuri Kita Impian
No. B-21-02, Pangsapuri Kita Impian, Persiaran Cybersouth Perdana Cybersouth, 43800 Dengkil, Selangor
Cyberia Smarthomes
No. C3-2-9, Block C3, Cyberia Smarthomes, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Suria Perdana
No. B-20-9, 20th Floor, Block B, Pangsapuri Suria Perdana (Fortune Park), Seksyen 4, Taman Serdang Perdana, 43300 Seri Kembangan, Selangor
Sri Pinang Villa
No. B-12-03, 12th Floor, Block B, Sri Pinang Villa, Taman Nirwana, 68000 Ampang, Selangor
Level 5
No. 504, Level 5, Blok G18, Seksyen 2, 53300, Bandar Baru Wangsa Maju, Kuala Lumpur
Pangsapuri Kos Sederhana
No. MC4-08-12, Block Teratai, Pangsapuri Kos Sederhana,Taman Tun Teja, No. 1, Jalan Persiaran Tun Teja 3, 48000 Rawang, Selangor
R/P Bandar Bukit Tinggi 2
No. I-1-9, Blok I, R/P Bandar Bukit Tinggi 2, Di Jalan Batu Nilam 34, 41200, Klang, Selangor
Rhythm Avenue
No. A23A-08, Rhythm Avenue, Persiaran Kewajipan, USJ 19, 47630, Subang Jaya, 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.