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 Puchong Permata 1
No. C-7-14, Pangsapuri Puchong Permata 1, Jalan Permai 4, Taman Puchong Permai, 47100, Puchong, Selangor
Astana Alam 2
No. Cinta 1-21, Astana Alam 2, Jalan Astana 13/3, Seksyen 13, 42300 Bandar Puncak Alam, Selangor
Taman Puchong Permai
No. A26-0-2, Jalan Permai 1/13, Taman Puchong Permai, Batu 13, 47150 Puchong, Selangor
Pangsapuri Palma
No. M-5-6, Blok M, Pangsapuri Palma, Jalan Palma Raja 3/KS 6, Bandar Botanic, 41200, Klang, Selangor
Pangsapuri Laguna Biru
No. F-13-01, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, Kundang, 48050 Rawang, Selangor
Menara C @ Bandar Belia
No. C-L13-06, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
RP Kos Rendah
No 51-5-509, RP Kos Rendah, Seksyen 7, 40000, Shah Alam, Selangor
Seroja Apartment
No. A-2-04, Seroja Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Rumah Pangsa Kajang Impian
No. 5-07, Rumah Pangsa Kajang Impian, Taman Kajang Impian, 43650 Bandar Baru Bangi, Selangor
Residensi PR1MA Bandar Bukit Mahkota
No. C-23-3, Residensi PR1MA Bandar Bukit Mahkota, Persiaran Mahkota 1, 43000 Kajang, Selangor
Desaria Villa
No. A-03A-06, Block A, Desaria Villa, 47120 Puchong, Selangor
Rumah Pangsa
No. 21, Blok E, Rumah Pangsa, Jalan Kosas 3/12, Taman Kosas, 68000 Ampang, Selangor
Kinrara Industrial Park
No. E5-02, Block E, Jalan TK 5/1, KM 13, Jalan Puchong, Kinrara Industrial Park, 47100 Puchong, Selangor
Apartment Permai Ria
No. 03A-03, Apartment Permai Ria, Jalan Permai M, Bukit Ampang Permai, Ampang 68000, Selangor
Gugusan Tanjung
No. 3-1-4, Gugusan Tanjung, Jalan Cecawi 6/19, Kota Damansara, Petaling Jaya, Selangor
Pangsapuri Seri Mesra
No. D1-04, Pangsapuri Seri Mesra, Jalan Wawasan 3, Taman Wawasan, 43100 Hulu Langat, Selangor
Pangsapuri Lagoon Perdana
No. 6-08-12, Pangsapuri Lagoon Perdana, Jalan Pjs 9/1, Bandar Sunway, 46150 Petaling Jaya, Selangor
Pangsapuri Sri Nervillia
No. 21-4-07, Block 21, Pangsapuri Sri Nervillia, No. 1, Jalan Anggerik Nervillia 31/166, Kota Kemuning, Seksyen 31, 40460 Shah Alam, Selangor
Rumah Pangsa Sri Saujana
No. D-4-10 (Developer’s Parcel No. D-410), Jalan SP 4/2, Rumah Pangsa Sri Saujana, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Desa Lembah Permai
No. B4-03-21, Block 4, Pangsapuri Desa Lembah Permai, Jalan Permai 3, Desa Lembah Permai, 68000 Ampang, Selangor
Apartment Sri Bayu
No. M2-G-22, Apartment Sri Bayu, Solok Sungai Chandong/Ks11, Bandar Armada Putra, 42920 Pelabuhan Klang, Selangor
Pangsapuri Enggang
No. F-9-8, Blok F, Pangsapuri Enggang, Jalan Kinrara 6F, Bandar Kinrara, 47180 Puchong, Selangor
Pangsapuri Seri Mawar
No. B-3-29, 3rd Floor, Block B, Pangsapuri Seri Mawar, Jalan Seri Putra 4, Bandar Seri Putra, 43000, Kajang, Selangor
Fourth Floor
No. 510, Fourth Floor, Block 17, Jalan Petola 24/8, Seksyen 24, 40300, 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.