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.
Casa Ria Apartment
No. C-4-1, Casa Ria Apartment, Jalan Desa 10/2, Bandar Country Homes, 48000, Rawang, Selangor
Residensi Rimbun
No. A-14-30, Block A, Residensi Rimbun, Jalan Zamrud Utama, 43000 Kajang, Selangor
Desa Mentari 2
No. B9-17-06, Blok 9, Desa Mentari 2, Jalan PJS 2B/1, 46150, Petaling jaya, Selangor
Kondo Rakyat Desa Pantai
No. 2-15-3, Block 2, Kondo Rakyat Desa Pantai, Jalan Pantai Dalam, 59200 Kuala Lumpur
Casa Ria Apartment
No. A-1-7 (Developer’s Parcel No. A-1-7), Casa Ria Apartment, Jalan Desa 10/2, Bandar Country Homes, 48000 Rawang, Selangor
Pangsapuri Sri Begonia
No. E-1-13, Pangsapuri Sri Begonia, Jalan Puteri 7/15, Bandar Puteri, 47100 Puchong, Selangor
Gugusan Teratai
No. A-504, Block A, Gugusan Teratai, Jalan Cecawi 6/30, Kota Damansara, 47810, Petaling Jaya, Selangor
Kondo Rakyat Desa Pantai
No. 4-14-04, Kondo Rakyat Desa Pantai, Blok 4, Jalan Pantai Dalam, 59200 Kuala Lumpur
Flat PKNS Bangi
No. 201, Blok 1, Flat PKNS Bangi, Jalan 6C/11, Seksyen 16, 43600, Bandar Baru Bangi, Selangor
Rumah Pangsa Kampung Aman 1
No. A3-4-17, Block A3, Rumah Pangsa Kampung Aman 1, Jalan Sk 6/1, Taman Bukit Serdang, Seksyen 4 & 5, 43300, Seri Kembangan, Selangor
2nd Floor
No. 99-2B, 2nd Floor, Block B, Jalan Satu, Batu Caves Centrepoint, 68100 Batu Caves, Selangor
Pangsapuri Angsana
No. A-07-08, Block A, Pangsapuri Angsana, Persiaran Mewah, USJ 1, 47600 Subang Jaya, Selangor
Taman Puchong Perdana
No. G-205, Block G, Jalan Perdana 4/1, Taman Puchong Perdana, Batu 12 3/4, 47150 Puchong, Selangor
Apartment Dahlia
No. J-G-07, Apartment Dahlia, (Block J, N & L), Jalan Bunga Raja 1, Taman Bunga Raya, 48300 Rawang, Selangor
Pangsapuri Lilywood Court
No. L1-1-12, Pangsapuri Lilywood Court, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Pangsapuri Puchong Permata 2
No. G-4-02, Pangsapuri Puchong Permata 2, Jalan Permata 1, Taman Puchong Permai, 47100 Puchong, Selangor
Vistaria Apartment
No. A-3-3A, Vistaria Apartment, Jalan DM 1, Taman Desa Millennia, 47100 Puchong, Selangor
E-18-03
No, E-18-03, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Taman Kajang Utama
No. B-308, Blok B, Jalan Seksyen 3/1, Taman Kajang Utama, 43000, Kajang, Selangor
Wangsa Maju
No. 503, Block D10, Jalan 3/27A, Seksyen 1, Wangsa Maju, 53300 Kuala Lumpur
3rd Floor
No. 12A-3-2, 3rd Floor, Jalan Megan Setapak 1, Taman Megan Sri Rampai, 53300 Kuala Lumpur
Fiona Apartment
No. 2-19, Block F01, Fiona Apartment, Jalan Samudra Barat 8, Taman Samudra, 68100 Batu Caves, Selangor
Bandar Bukit Raja
No. J-5-8, Blok J Pangsapuri Rebana, Jalan Gamelan, Bandar Bukit Raja, 41050, Klang, Selangor
Pangsapuri Elina
No. C-04-05, Blok C, Pangsapuri Elina, Persiaran Prima Utama, Taman Puchong Prima, 47150, Puchong, 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.