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.
One Selayang
No. A-8-2A (on site is No 8-2A), Jalan OS ½, One Selayang, 68100, Batu Caves, Selangor
Kompleks Suria Kinrara
No. D-12-21, Block D, Kompleks Suria Kinrara, Persiaran Kinrara Seksyen 3, 47100 Puchong, Selangor
Apartment Kenanga
No. 3-108, Blok 3, Apartment Kenanga, Bandar Baru Selayang, 68100, Batu Caves, Selangor
Pangsapuri Sri Bayu
No. C-2-37, Pangsapuri Sri Bayu, Jalan Batu Unjur 9, Taman Bayu Perdana, 41200, Klang, Selangor
Desa Petaling
No. 56-1-7, Blok 56, Lorong 1/125C, Desa Petaling, 57100 Kuala Lumpur
Teratak Muhibbah 1 Blok A
No. A-7-4, Teratak Muhibbah 1 Blok A, Jalan Desa Bahagia, Taman Danau Desa, 58100 Kuala Lumpur
Residensi Rimbun
No. B-19-32, Residensi Rimbun, Jalan Zamrud Utama, Persiaran Kajang 2, 43000 Kajang, Selangor
Pangsapuri Enggang
No. D-9-15, Blok D, Pangsapuri Enggang, Jalan Kinrara 6F, Bandar Kinrara, 47180, Puchong, Selangor
Apartment Pinang 1B
No. 38-03-03, Apartment Pinang 1B, Jalan Seri Sentosa 8, 58000 Kuala Lumpur
Pangsapuri Sri Meranti
No. M2-2-203, Level 2, Block M2, Pangsapuri Sri Meranti, No. 2, Persiaran Meranti, PJU 9, Bandar Sri Damansara, 52200 Kuala Lumpur
Flora Damansara
No. E-07-08, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Ilham
No. 25-15-06, Block 25, Pangsapuri Ilham, Jalan Sastera U2/1, Seksyen U2, Taman TTDI Jaya, 40150 Shah Alam, Selangor
Hillpark Residence
No. A-8-6, Hillpark Residence, Jalan 1/11, Hillpark Residence, 43500 Semenyih, Selangor
Pangsapuri Desa Baiduri
No. ND3-21, Block Nilam D, Pangsapuri Desa Baiduri, Jalan Persiaran Pangsa Baiduri, Taman Desa Baiduri, 56000 Cheras, Selangor
Residensi Lili Mutiara
No. 04-13, Residensi Lili Mutiara, Jalan Residensi Warnasari 13/1, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Pendamar B
No. 7B-F7-10, Pangsapuri Pendamar B, Taman Kota Pendamar, 42000 Pelabuhan Klang, Selangor
Taman Bukit Segar
No. A3-8-19, Jalan Bukit Segar 1, Taman Bukit Segar, 68000 Ampang, Selangor
Pangsapuri Sri Melewar
No. 5-5-3, Blok 5, Pangsapuri Sri Melewar, Jalan Juruwang A U1/A, Seksyen U1, 40150, Shah Alam, Selangor
Jalan 6/95B
No. B-11-01, Jalan 6/95B, Off Jalan Ketumbar, 56100 Rumah Pangsa Cheras Ria (Taman Cheras Utama), Selangor
Taman Mawar
No. A5-13 (Developer’s Parcel No. BA/B/4F/1), Jalan TK 5/26, Taman Mawar, 13KM, Jalan Puchong, 47100 Puchong, Selangor
Flat PKNS
No. 306, Block 2, Flat PKNS, Jalan PJS 2C/5, Taman Dato Harun, 46000 Petaling Jaya Selatan, Selangor
Pangsapuri Angsana
No. G8-08-14, Pangsapuri Angsana, Persiaran Subang Mewah USJ 1, Taman Subang Mewah, 47620 Subang Jaya, Selangor
D'Wharf Hotel & Residence
No. N-05-06, D'Wharf Hotel & Residence, 7100 Port Dickson, Negeri Sembilan
Pangsapuri Laguna Biru
No. A-17-1, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Kundang, 48050, Rawang, 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.