1291 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.
Emporis Persiaran Surian
No. A-31-03, Emporis Persiaran Surian, Seksyen 3, Kota Damansara, Taman Sains Selangor, 47810 Petaling Jaya, Selangor
Residensi 1 Utara
No. A-33A-08, Residensi 1 Utara (lakepark Residence @ Kl North), Jalan 1/2b, Off Jalan Ipoh, Selayang, 68100, Kuala Lumpur
Radia Residences
No. C-08-01, Block C, Radia Residences, No. 3, Persiaran Singgahsana, Bukit Jelutong, Section U8, 40150 Shah Alam, Selangor
Impiria Residensi
No. B-23-01, Impiria Residensi, Lorong Batu Nilam 16A/KS06, Bandar Bukit Tinggi 2, 41200 Klang, Selangor
Tower 1
No. 1-37-12, 37th Floor, Tower 1, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
D'Pines Condominium
No. A-03A-07, Block A, D'Pines Condominium, Jalan Pandan Bersih, Taman Nirwana, 68000 Ampang, Selangor
Residensi Kamar Putra
No 31-02, Level 31, Residensi Kamar Putra (Residensi Chambers), No 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Wisma Infinitum
No. B-09-07, Wisma Infinitum, No. 18. Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
Tower B
No. B-17-01, Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
Pangsapuri Arena Hijau – Blok B
No. B-13A-15, Pangsapuri Arena Hijau – Blok B, Jalan 1/155a, Bukit Jalil, 57000, Kuala Lumpur
Villa Wangsamas Condominium
No. F-13A-5, Block F, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300, Kuala Lumpur
Eco Sky Residence
No. B-37-10, Eco Sky Residence, No. 972, Batu 6 1/2, Jalan Ipoh, 68100 Kuala Lumpur
Vision Residence Condominium
No. A-2-6, Vision Residence Condominium, Jalan Puchong Cyberjaya, 47120 Puchong, Selangor
Residensi Idaman Awan
No. 13-08, Residensi Idaman Awan (The Arcuz), Jalan PJU 1A/4F, 47301 Petaling Jaya, Selangor
PV6 Platinum Hill Condo
No. B-06-05, PV6 Platinum Hill Condo, No. 3, Jalan Melati 3, Taman Melati Utama, 53100, Setapak, Kuala Lumpur
Midfields Condominium
No. A2-1-2, Block A2, Midfields Condominium, No. 3, Jalan Besi Kawi, Off Lebuhraya Sungai Besi, 57100 Kuala Lumpur
29th Floor
No. A-29-02, 29th Floor, Block A, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810 Petaling Jaya, Selangor
Saville @ D'Lake
No. 13-17, Jalan Saville, Saville @ D'Lake, 47130 Puchong, Selangor
Pangsapuri Paragon Tiga
No. M3-09-10, Pangsapuri Paragon Tiga, Persiaran Lestari Putra, Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Armanee Condominium
No. A-3-16, Blok A, Armanee Condominium, No. 10, Jalan PJU 10/1C, Damansara Damai, 47830 Petaling Jaya, Selangor
Menara Infiniti
No. 16-01, Menara Infiniti, No. 28, Jalan Ss 6/3, Kelana Jaya, 47301 Petaling Jaya, Selangor.
Royal Regent
No. B-09-03, Block B, Royal Regent, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Arena 1
No. A-12-09, Residensi Arena 1, Jalan Arena 1, Arena Warisan Puteri, Kota Warisan, 43900 Sepang, Selangor
Menara A @ Bandar Belia
No. A-L35-18, Menara A (Akasia) @ Bandar Belia, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
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 1291 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.