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.
Pangsapuri Duta Perintis
No. B-04-11, Pangsapuri Duta Perintis, Persiaran Puncak Alam 12, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Perkhidmatan
No. 1-13-5, Block 1, Pangsapuri Perkhidmatan, Residensi Alami, Jalan Tinju 13/50, Seksyen 13, 40100 Shah Alam, Selangor
Pangsapuri Melodi Perdana
No. MPB-07-12, Jalan Perdana 1, Pangsapuri Melodi Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Suria Perdana
No. A-20-2, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43300 Seri Kembangan, Selangor
Prestige Residence
No. A-27-11, Block A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Residensi Emas
No. A-35-06, Residensi Emas, Jalan Zamrud 2, 43000 Kajang, Selangor
Aera Servis Residensi
No. A-12-10, Block A, Aera Servis Residensi, Jalan PJS 5/28A, 46300 Petaling Jaya, Selangor
Residensi Parkland @ Kajang 2
No. B-27-09, Block B, Residensi Parkland @ Kajang 2, Jalan Zamrud 3, 43000 Kajang, Selangor
BSP 21
No. J-05-06, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Melodi Perdana
No. MPD-01-04, Pangsapuri Melodi Perdana, LBS Alam Perdana, 43200 Bandar Puncak Alam, Selangor
Residensi Selangorku Begonia
No. B-21-10, Residensi Selangorku Begonia, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Pangsapuri Harmoni
No. H02-05-16, Pangsapuri Harmoni, Jalan Eco Majestic 3A/5, Eco Majestic, 43500 Semenyih, Selangor
Residensi Bukit Tiara
No. A-2-4, Block A, Residensi Bukit Tiara, Jalan Karunmas 10, 43300 Seri Kembangan, Selangor
Residensi Adelia 4
No. A-29-2, Block A, Residensi Adelia 4, Jalan Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
KR7 Residences
No. A-20-2, Block A, KR7 Residences, Jalan TPP 5, Taman Mas Langat, 47130 Puchong, Selangor
Southville City
No. B-10-13, Cerrado, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Tangerine Suites
No. 3-10, Tangerine Suites, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Pangsapuri Idaman Bukit Jelutong
No. B-16-13, Pangsapuri Idaman Bukit Jelutong, No. 1, Jalan Arca U8/79, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Bayu Residensi @ Seri Temenggung
No. 2-23A-13A, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Sky Park Tower 1
No. T1-19-06, Sky Park Tower 1, Jalan Teknokrat 1, Cyber 3, 63000 Cyberjaya, Selangor
Southville City
No. A-28-02, Cerrado (Block A), Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
The Main Place Residence
No. D23-01, The Main Place Residence, Jalan USJ 21/10, 47640, Subang Jaya, Selangor
Pusat Bandar Putra Permai
No. B-24-10, Block B, 3 Elements, Persiaran Putra Permai Selesa, Pusat Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Kiara Plaza
No. A-28-08, Block A, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, 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.