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 Kos Rendah Ceria
No. A-02-12, Pangsapuri Kos Rendah Ceria, Jalan Kinrara 4/5, Taman Kinrara, Seksyen 4, 47100 Puchong, Selangor
Pangsapuri Suasana Idaman
No. E-01, Pangsapuri Suasana Idaman, Jalan Sungai Merab Luar, Sungai Merab, 43000 Kajang, Selangor
Pangsapuri Angsana
No. D-G-2, Pangsapuri Angsana, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Pangsapuri Angsana
No. G10-10-09 (G-09-09), Pangsapuri Angsana, Persiaran Mewah, USJ 1, 47620, Subang Jaya, Selangor
Pangsapuri Birchwood Court
No. B11-1-12, Pangsapuri Birchwood Court, Pinggiran Lembah Hijau 9, Bandar Tasik Puteri, 48020 Rawang, Selangor
Taman Impian Ehsan
No. 1-10, Block Kenari A, Jalan Tembusu 3, Taman Impian Ehsan, Balakong, 43300 Seri Kembangan, Selangor
Hata Square
No. C3-04-02, Block C, Hata Square, Jalan Mewah 1, Pandan Mewah, 68000 Ampang, Selangor
Pangsapuri Sri Dahlia
No. B-2-07, Pangsapuri Sri Dahlia, Bandar Puteri, Laman Puteri 3, 47100 Puchong, Selangor
Rumah Pangsa Seri Jati
No. B-3-9, Block B, Rumah Pangsa Seri Jati, Jalan PJU 1A/5, Ara Damansara, 47301 Petaling Jaya, Selangor
Seksyen 24
No. 306, Block 72, Seksyen 24, 40300 Shah Alam, Selangor
Apartment Klang Jaya
No. A-2-21, Apartment Klang Jaya, Lorong Selampit 18A, Taman Klang Jaya, 41200 Klang, Selangor
Desa Mentari
No. B8-4-05, Blok 8, Desa Mentari, Jalan PJS 5/4A, 46150, Petaling Jaya, Selangor
Taman Impian Warisan
No. B-315, Jalan Impian Warisan 1, Taman Impian Warisan, 43100 Hulu Langat, Selangor
Taman Ampang Indah
No. K-G-18, Block Kemboja, Jalan Indah 4/5, Taman Ampang Indah, Ampang, 68000, Selangor
Pangsapuri Selayang Mulia
No. A-04-14, Block Mawar (A), Pangsapuri Selayang Mulia, Jalan SM 1/1, Taman Selayang Mulia, 68100 Batu Caves, Selangor
Pangsapuri Angsana
No. H11-11-18, Block H, Pangsapuri Angsana, Persiaran Mewah, USJ 1, 47620 Subang Jaya, Selangor
Taman Tenaga
No. 210-B, Tingkat Satu, Jalan Tenaga 20, Taman Tenaga, 43000 Kajang, Selangor
6th Floor
No. B2-6-08, 6th Floor, Block 2, Jalan PJS 6/5G, Desa Mentari, 46000, Petaling Jaya, Selangor
3rd Floor
No. 303, 3rd Floor, Block Jati, Jalan 7/1, 43300 Seri Kembangan, Selangor
Pangsapuri Teratai
No. 3-4-9, Pangsapuri Teratai, Jalan Metafasa U16/3A, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Taman Puchong Permai
No. F3-9-77, Jalan Permai 2/1, Taman Puchong Permai, Batu 13, 47150 Puchong, Selangor
Pangsapuri Sri Nervillia
No. 17-4-09, Blok 17, Pangsapuri Sri Nervillia, No 4, Jalan Anggerik Nervilla 31/166, Kota Kemuning, Seksyen 31, 40460, Shah Alam, Selangor
Pangsapuri Seri Era
No. 20-06, Block 4, Pangsapuri Seri Era, Jalan Nagasari 36/2, Section 36, 40470 Shah Alam, Selangor
Pangsapuri Petaling Perdana
No. J-04-16, Block J, Pangsapuri Petaling Perdana, Jalan PJS 1/21, Taman Petaling Utama, 46150 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.