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 Perantau
No. J-6-4, Pangsapuri Seri Perantau, Persiaran Sireh Junjung/KS4, 42000 Pelabuhan Klang, Selangor
Pangsapuri Enggang
No. A-8-7, Level 8, Block A, Pangsapuri Enggang, Jalan Kinrara 6F, Bandar Kinrara, 47100, Puchong, Selangor
1st Floor
No. 24A-1, 1st Floor, Jalan Utama 2/1, Taman Perindustrian Puchong, 47140 Puchong, Selangor
Bandar Bukit Tinggi 2
No. P-4-09, Block P, Bandar Bukit Tinggi 2, Jalan Batu Nilam 34, 41200 Klang, Selangor
Cova Square
No. NW-03-10, Cova Square, Jalan Teknologi, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor
Pusat Bandar Putra Permai
No. B-22-03, Blok B, 3 Elements, Persiaran Putra Permai Selesa, Pusat Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Kompleks Suria Kinrara
No. D-13-17, Block D, Kompleks Suria Kinrara, Persiaran Kinrara Seksyen 3, 47190, Puchong, Selangor
Laman Damai Kepong
No. A-9-10, Laman Damai Kepong, Jalan Kuang Bertam 9, Taman Kepong, 52100 Kuala Lumpur
Flora Damansara
No. E-23A-12A, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Kompleks Suria Kinrara
No. C-4-03, Block C, Kompleks Suria Kinrara, Persiaran Kinrara, Seksyen 3, Taman Kinrara Seksyen 3, 47100 Puchong, Selangor
Taman Cheras Utama
No. F-01-19, Block F, Jalan CU 1/A, Fasa 3, Taman Cheras Utama, 43200, Cheras, Selangor
Apartment Mawar
No. D-04-07, Block D, Apartment Mawar, Jalan 1/5, Section 1, Taman Sutera, 43000 Kajang, Selangor
Apartment Pesona
No. C-3-01, Block C, Apartment Pesona, Taman Kajang Utama (R/Pangsa), 43000, Kajang, Selangor
Tower 2
No. B2/A/7-15 (on-site B2/7/15-A), Tower 2, Persiaran Puteri 1, Taman Puteri (Venice Hills), 43200, Cheras, Selangor
Pangsapuri Sri Anggerik
No. B-5-19, Pangsapuri Sri Anggerik, Jalan Bandar Puchong Jaya, 47100, Puchong, Selangor
Residensi Meriah
No. D-16-13, Block D, Residensi Meriah, Persiaran Kajang 2, 43000 Kajang, Selangor
Rumah Pangsa Kasturi
No. 5-2-12, Rumah Pangsa Kasturi, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Taman Puchong Indah
No. 2-23B, Jalan Indah 3/2, Taman Puchong Indah, 47150 Puchong, Selangor
Emas Villa
No. D-308, Tingkat 3, Blok D, Emas Villa, Taman Mawar, 43900, Sepang, Selangor
Empire Damansara
No. B-12-10, Block Empire Studio, Empire Damansara, No. 2, Jalan PJU 8/8A, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Birchwood Court Apartment
No. B2-1-9, Birchwood Court Apartment, Pinggiran Lembah Hijau 9, Bandar Tasik Puteri, 48020 Rawang, Selangor
3rd Floor
No. M4-3-07, 3rd Floor, Jalan 10/2, Taman Perkasa, 43100, Hulu Langat, Selangor
Pangsapuri Seri Mawar
No. B-1-034, Pangsapuri Seri Mawar, Jalan Seri Putra 4, Bandar Seri Putra Kajang (R/P), 43000, Kajang, Selangor
Desa Mentari
No. B5-1-43, Block 5, Jalan PJS 6/5A, Desa Mentari, 46000 Petaling 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.