5357 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.
Ampang Putra Residensi
No. A-08-01, Ampang Putra Residensi, Jalan Ampang Putra 6, 68000 Ampang, Selangor
Sunsuria Forum Residences
No. RS-10-3A, Sunsuria Forum Residences, No. 1, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
M Arisa Residences
No. A-36-06, M Arisa Residences, Jalan Sentul Pasar, 51000 Kuala Lumpur
Vista Hijauan
No. C-20-07, Vista Hijauan, Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Tower A2
No. A2-08-03, Tower A2, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300, Kuala Lumpur, Kuala Lumpur
Residensi Lili @ Taman Bucida Hijauan
No. A-08-08, Blok A, Residensi Lili @ Taman Bucida Hijauan, Taman Bucida Hijauan, 71800 Nilai, Negeri Sembilan
Pacific Place Commercial Centre
No. A-03A-15, Block A, Pacific Place Commercial Centre, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Seri Hijauan Condominium
No. A-13-05, Seri Hijauan Condominium, No. 1, Jalan Bukit Hijau 26/24, Seksyen 26, 40400, Shah Alam, Selangor
Palm Spring @ Damansara
No. C-1106, Palm Spring @ Damansara, Jalan PJU 3/29, Seksyen 13, 47810, Petaling Jaya, Selangor
Residensi Skyluxe
No. B-41-03A, Residensi Skyluxe, No. 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur.
Menara Solstice 2
No. ST2-12-14, Menara Solstice 2, Persiaran Bestari, Cyber 11, 63000 Cyberjaya, Selangor
One Equine Residences
No. B-01-12, One Equine Residences, Jalan Equine, Taman Equine, 43300 Seri Kembangan, Selangor
Residensi Altris
No. C-23-02, Residensi Altris, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
30th Floor
No. 30-09, 30th Floor, Benteng 8 (skyville 8), Jalan Klang Lama, 58000 Kuala Lumpur
BSP Skypark
No. T1-16-21, BSP Skypark, Persiaran Saujana Putra Utama, 42610 Bandar Saujana Putra, Selangor
Villaria Condominium
No. B17-3, Block B, Villaria Condominium, Jalan PJS 5/32, Taman Desaria, 46000 Petaling Jaya, Selangor
Tower B
No. B-28-06, Tower B, Residensi M Astra, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Mutiara Heights
No. 00-13, Ground Floor, Oasis 2, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Pangsapuri Vista Sri Tanjung
No. A-8-11, Blok A, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500, Semenyih, Selangor
Pangsapuri Impian Heights
No. A-6-6, Blok A, Pangsapuri Impian Heights, Off Jalan Pipit, Bandar Puchong Jaya, 47170, Puchong, Selangor
Residensi Altris
No. B-22-03, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. C-15-06, Blok C, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi Altris
No. B-33-03, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Tower B
No. B-36-06, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, 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 5357 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.