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.
Perdana View Condominium
No. A-1107, Level 11, Block A, Perdana View Condominium, No. 15, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Riviera III Apartment
No. 1.3, Riviera III Apartment, Jalan Bunga Cempaka 15, Taman Muda, 68000 Ampang, Selangor
Residensi Parkland @ Kajang 2
No. B-35-06, Residensi Parkland @ Kajang 2, Jalan Zamrud 3, 43000 Kajang, Selangor
Cascades Residency
No. C-01-02, Block C, Cascades Residency, No. 13A, Jalan PJU 5/1, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor
Residensi Adelia 4
No. B-10-1, Block B, Residensi Adelia 4, Jalan Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-16-1, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Pangsapuri Kita Impian
No. A-G-01, Blok A, Pangsapuri Kita Impian, Persiaran Cybersouth Perdana, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Safira
No. A-13-03A, Pangsapuri Safira, Persiaran S2 E1, Seksyen E, Seremban 2, 70300 Seremban, Negeri Sembilan
Kondominium Juta Mines
No. B-03-09, Block B, Kondominium Juta Mines, 43300, Seri Kembangan, Selangor
Pangsapuri Damai Vista
No. A-20-9, Block A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur
Residensi Lakeville
No. F-11-03, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Palm Spring @ Damansara
No. D-206, Block D, Palm Spring @ Damansara, No 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Kristal Heights
No. B-05-11, Block B, Kristal Heights, Lot 2A, Jalan Kristal Tujuh 7/70G, Sekysen 7, Fasa 3B, 40000 Shah Alam, Selangor
D'Sara Sentral
No. SB1-13A-3A, D'Sara Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
i-Soho @ i-City
No. B-08-17, i-Soho @ i-City (I-Suite), No. 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
I-Suite
No. B-08-18, I-Suite, 2, Persiaran Multimedia, I-City Seksyen 7a, Shah Alam, Shah Alam, Selangor
Shorea Park Residence 1
No. MB-12-12 (B-12-12), Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-33A-16, Bayu Residensi @ Seri Temenggung, Jalan Temenggung 68100 Batu Caves, Selangor
Pangsapuri Idaman Melur
No. B-09-19, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Melodi Perdana
No. MPD-10-15, Jalan Perdana 1, Pangsapuri Melodi Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Desa Pandan
No. F2-0-3, Block F2, Jalan 4/76D, Desa Pandan, 55100 Kuala Lumpur
PR1MA Seremban Sentral
No. M2-22-10, PR1MA Seremban Sentral, Jalan Prima 1, 70000 Seremban, Negeri Sembilan
Residensi Parkland @ Kajang 2
No. B-22-09, Block B, Residensi Parkland @ Kajang 2, Jalan Zamrud 3, 43000 Kajang, Selangor
Pangsapuri Kalista 1
No. 1-G-01, Pangsapuri Kalista 1, Persiaran S2 G1, Seksyen G, Seremban 2, 70300 Seremban, Negeri Sembilan
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.