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.
Taman Mesra
No. 1-D1-22, Lorong Samarinda 13B/KS7, Taman Mesra, 41000 Klang, Selangor
Pangsapuri Angsana
No. E-04-12, Block E, Pangsapuri Angsana, Persiaran Mewah , USJ 1, 47620 Subang Jaya, Selangor
Flora Damansara
No. A-3A-10, Flora Damansara, No. 1, Jalan Pju 8/9, Bandar Damansara Perdana, 47820, Petaling Jaya Selangor
Desa Lembah Permai
No. B1-01-17, Blok 1, Desa Lembah Permai, 68000 Ampang, Selangor
Rumah Pangsa Bandar Bukit Puchong
No. D-4-1, Block D, Rumah Pangsa Bandar Bukit Puchong, Jalan BP 1/2, 47120 Puchong, Selangor
Apartment Wawasan
No. PA-03-15, Block A, Apartment Wawasan, Jalan Wawasan 5/3, Pusat Bandar Puchong, 47160, Puchong, Selangor
Bandar Damai Perdana
No. 3-07, 3, Jalan Damai Perdana 5/2, Bandar Damai Perdana (R/Pangsa), 43200, Cheras, Selangor
Rumah Pangsa Impian
No. 11-4-05, Rumah Pangsa Impian, Jalan SP 4/3, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Bandar Bukit Puchong
No. 20-2-2, Jalan BP 7/14, Bandar Bukit Puchong, 47120 Puchong, Selangor Darul Ehsan
Taman Pendamar Indah 2
No. B-3-24, Lebuh Damar Merah, Taman Pendamar Indah 2, Pandamaran, 42000 Pelabuhan Klang, Selangor
Taman Prima Saujana
No. A-02-13, Jalan Prima Saujana 3/1, Taman Prima Saujana, Seksyen 3, 43000 Kajang, Selangor
Pangsapuri Seri Pelangi
No. 3-23, Pangsapuri Seri Pelangi, Jalan Puchong Utama 5, Taman Tasik Prima, 47150, Puchong, Selangor
Rumah Pangs
No. 407, Block 1, Rumah Pangs (Kos Rendah), Seksyen 27, Jalan Dusun Tua 27/9, 40400 Shah Alam, Selangor
Pangsapuri Aman
No. B-05-04, Pangsapuri Aman, Jalan Prima 6/1, Taman Puchong Prima, 47150 Puchong , Selangor
Pangsapuri Laksamana Jaya
No. A-06-07, Block A, Pangsapuri Laksamana Jaya, Jalan Laksamana 2, Kampung Laksamana, 68100 Batu Caves, Selangor
Ground Floor
No. 1-0-3, Ground Floor, Block 1, Jalan BRP 10/2A, Taman Bukit Rahman Putra, 47100 Sungai Buloh, Selangor
Pangsapuri Daisy
No. 13-3-319, 3rd Floor, Block 13, Pangsapuri Daisy, Jalan Dinar F U3/F, Seksyen U3, Taman Subang Perdana, 40150 Shah Alam, Selangor
Pangsapuri Melawati
No. M2-02-01, Pangsapuri Melawati, No. 1, Jalan Bukit Melawati U17/9, Taman Saujana Permai, Seksyen U17, 40160 Shah Alam, Selangor
Pangsapuri Seri Dahlia
No. D-2-07, Block D, Pangsapuri Seri Dahlia, Bandar Puteri, 47100, Puchong, Selangor
Impian Baiduri
No. B-5-17, Blok B, Tingkat 5, Impian Baiduri, No. 6, Jalan 224, Seksyen 51A, 46100, Petaling Jaya, Selangor
Taman Impian Indah
No. H3-14, Block H, Jalan Impian Indah 2, Taman Impian Indah, 43200 Balakong, Selangor
Flora Damansara
No. D-03-08, Block D, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Taman Aman Putra
No. C-3-25, Block C, Jalan Aman Putra, Taman Aman Putra, 52000 Kuala Lumpur
Taman Bukit Mutiara
No. MI-01-08, Block Mutiara Indah (Block MI) Pangsapuri Mutiara, Jalan Bukit Mutiara, Taman Bukit Mutiara, 43000 Kajang, 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.