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 Seri Intan
No. 3-01, Pangsapuri Seri Intan, Taman Seri Intan, 68000 Ampang, Selangor
Rumah Pangsa Impian
No. 6-G-16, Rumah Pangsa Impian, Jalan SP 4/1, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Laksamana Jaya
No. B-04-10, Block B, Pangsapuri Laksamana Jaya, Jalan Laksamana 2, 68100 Batu Caves, Selangor
Apartment Idaman
No. C-G06, Blok C, Apartment Idaman, No. 9, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Taman Impian Ehsan
No. 1-12, Blok Kasawari A, (Jalan Damar), Taman Impian Ehsan, Cheras, 43300 Balakong, Selangor
Pangsapuri Sri Dahlia
No. A-1-08, Block A, Pangsapuri Sri Dahlia, Bandar Puteri, Laman Puteri 3, 47100 Puchong, Selangor
Gugusan Cempaka
No. 2-1-11, Gugusan Cempaka, Jalan Cecawi PSB 6/19, 47810, Petaling Jaya, Selangor
Taman Seremban Putra
No. F-3-12, Block F, Taman Seremban Putra, 70400 Seremban, Negeri Sembilan
Petaling Indah Condominium
No. 10-09-3A, Petaling Indah Condominium, Jalan 1C/149, Taman Castlefield, 57100, Kuala Lumpur
Pangsapuri Suria Perdana
No. B-10-6, Pangsapuri Suria Perdana (Fortune Park), Taman Serdang Perdana, 43300 Seri Kembangan, Selangor
Tower 10
No. B10/D5/03-12, Tower 10, Palazo Azura, Taman Puteri (Venice Hills) Cheras, 43200, Cheras, Selangor
Pangsapuri Perdana Villa
No. C-8-09, 8th Floor, Block C, Pangsapuri Perdana Villa, Jalan Temenggung 19, Off Jalan Sungai Jati, 41200 Klang, Selangor
Danau Murni Condominium
No. B-1-7, 1st Floor, Block B, Danau Murni Condominium, Jalan 109F, Taman Danau Desa Off Jalan Klang Lama, 58100 Kuala Lumpur
Vista Millennium Condominium
No. D-16-3A, Block Delima, Vista Millennium Condominium, Jalan DM1, Taman Desa Millennia, 47150 Puchong, Selangor
Cempakapuri Apartment
No. B7-1-14, Cempakapuri Apartment, Putra Nilai, 71800 Nilai, Negeri Sembilan
Prestige Residence
No. A-6-05, Block A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Blok A
No. A-5-11, Pangsapuri Blok A, Jalan Dewa Wangsa, 43200 Cheras, Selangor
Kompleks Suria Kinrara
No. A-09-13, Kompleks Suria Kinrara, Persiaran Kinrara, Taman Kinrara, Seksyen 3, 47100 Puchong, Selangor
Pangsapuri Sri Melor
No. D-5-07, Block D, Pangsapuri Sri Melor, Jalan Ukay Perdana 4, Taman Ukay Perdana, 68000 Ampang, Selangor
Ground Floor
No. 113, Block D, Ground Floor, No. 1, Jalan PJS 3/55, Taman Sri Manja, 46000, Petaling Jaya, Selangor
Taman Keramat Permai
No. 1.02, Block A, Jalan AU 1B/1, Taman Keramat Permai, 54200 Kuala Lumpur
Pangsapuri Dahlia
No. L-12-05, Pangsapuri Dahlia, Taman Ukay Bistari, 68000 Ampang, Selangor
Pangsapuri Subang Hijauan
No. 11-3-11, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Desa Baiduri
No. DDG-02, Block Delima, Lorong Pangsa Baiduri 2, Desa Baiduri, 43200 Cheras, 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.