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. 8-06, Pangsapuri Seri Intan, Taman Seri Intan, 68000 Ampang, Selangor
Taman Setia Balakong
No. G4-04, Block G, Taman Setia Balakong, 43300 Seri Kembangan, Selangor
Desa Mentari
No. B8-4-16, Block 8, Desa Mentari, Jalan PJS 5/4A, 46150 Petaling Jaya, Selangor
Pangsapuri Cempaka
No. C-3-1, Block C, Pangsapuri Cempaka, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Pangsapuri Anggerik
No. 108, Tingkat 1, Blok 1, Pangsapuri Anggerik, Jalan Sungai Limau 26/36, Seksyen 26, 40400 Shah Alam, Selangor
Pangsapuri Mentari
No. 1-822, Pangsapuri Mentari, Jalan Matahari U5/117, Seksyen U5, 40150 Shah Alam, Selangor
Gugusan Dedap
4-4-1, Blok 4, Gugusan Dedap, Jalan Kenyalang 11/1, PJU 5, Kota Damansara, 47810, Petaling Jaya, Selangor
Pandan Indah
No. 19C, Tingkat 3, Jalan Pandan Indan 1/23D, Pandan Indah, 55100 Kuala Lumpur.
Residensi Emas
No. B-29-04, Block B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Perdana Villa
No. A-1-15, Block A, Pangsapuri Perdana Villa, Jalan Temenggung 19, Taman Sentosa Perdana, 41200, Klang, Selangor
Pangsapuri Merak
No. M1-4-10, Pangsapuri Merak, Jalan Uranus U5/125, Seksyen U5, 40150, Shah Alam, Selangor
Tower 2
No. 2-22-19, Tower 2, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Perdana Villa Di Jalan Temenggung 19
No. C-7-1, Blok C, Tingkat 7, Perdana Villa Di Jalan Temenggung 19, Jalan Sungai JAti, 41200 Klang, Selangor
Kompleks Otomobil
No. 21-4B, Blok 18, Kompleks Otomobil, Jalan Pahat K 15/K, Seksyen 15, 40200, Shah Alam, Selangor
Permai Apartment
No. H-331, Block H, Permai Apartment, No. 13, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Jalan Pinang Siri 18/3
No. 112, Blok 15, Jalan Pinang Siri 18/3, Seksyen 18, 40200 Shah Alam, Selangor
Pusat Perniagaan & Residensi Mesa
No. P2-19-11, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
Dahlia Impiana
No. A-3-04, Block A, Dahlia Impiana, Jalan Dahlia 6/3, Taman Dahlia, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Symphony Court
No. CK3-22, Block CK, Symphony Court, Jalan Wawasan Ampang 1/10, Bandar Baru Ampang, 68000 Ampang, Selangor
Teratak Muhibbah 2
No. B-11-16, Block B, Teratak Muhibbah 2, Jalan Desa, Taman Danau Desa, 58100 Kuala Lumpur
Rumah Pangsa Kos Rendah Seksyen 7
No. 55-4-17, Block 55, Rumah Pangsa Kos Rendah Seksyen 7, Jalan Plumbum 7/100A, Seksyen 7, 40000, Shah Alam, Selangor
Desa Satu Apartment
No. DS4-7-V, Desa Satu Apartment, Lorong D 1/5. Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Pangsapuri Sentosa
No. 4-3-6 (on site 04-03-06), Pangsapuri Sentosa, Jalan Setia Permai U13/40, Setia Alam, Seksyan U13, 40170, Shah Alam, Selangor
Pangsapuri Sri Mutiara
No. A-5-2, Pangsapuri Sri Mutiara, Jalan Putra Indah 9/1C, Putra Heights, 47650, Subang 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.