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 Rebana
No. F-4-10, Blok F, Pangsapuri Rebana, Jalan Gamelan, Bandar Bukit Raja, 41050, Klang, Selangor
Paradise Lagoon
No. G-L4-2, Paradise Lagoon, Port Dickson, 71000 Port Dickson, Negeri Sembilan
Desa Palma Apartment
No. E-5-28, Block E, Desa Palma Apartment, Putra Nilai, 71800 Nilai, Negeri Sembilan
Desa Mentari
No. B2-8-43, Block 2, Jalan PJS 6/5G, Desa Mentari, 46000, Petaling Jaya, Selangor
Perdana Villa Apartment
No. E-2-7, Tingkat 2, Block E, Perdana Villa Apartment, Jalan Temenggung 19, Off Jalan Sungai Jati, 41200 Klang, Selangor
Pangsapuri Ruby
No. G-511, Blok G, Pangsapuri Ruby, Jalan Matahari U5/117, Bandar Pinggiran Subang, Seksyen U5, 40150 Shah Alam, Selangor
Flora Damansara
No. E-15-21, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Seroja Apartment
No. F-1-07, Seroja Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Jalan Pinang Sari 18/3
No. 112, Blok 15, Jalan Pinang Sari 18/3, Seksyen 18, 40200 Shah Alam, Selangor
Taman Sri Murni
No. 28-8-9, Block 28, Jalan 1/2D, Taman Sri Murni, 68100 Batu Caves, Kuala Lumpur
Rumah Pangsa Impian
No. 5-G-05, Block 5, Rumah Pangsa Impian, Jalan SP 4/3, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Kelompok Bunga Raya
No. 30-3-4, Kelompok Bunga Raya, Jalan 15/56, Ampang Ulu Klang, 54300 Kuala Lumpur
Pangsapuri Seri Widuri
No. 2-2-2, Block W2, Pangsapuri Seri Widuri, Jalan 7/4, Seksyen 7, 43650, Bandar Baru Bangi, Selangor
Flora Damansara
No. E-16-07, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Rimba
No. A-15-05, Pangsapuri Rimba, Jalan Lengkuas 16/19 , Seksyen 16, 40200, Shah Alam, Selangor
Apartment Pesona
No. A-4-04, Fourth Floor, Block A, Apartment Pesona, Jalan Seksyen 3/1A, Taman Kajang Utama, 43000 Kajang, Selangor
Taman Petaling Utama
No. 320, Block A, Jalan PJS 1/52, Taman Petaling Utama, 46000 PJ Selatan, Selangor
2nd Floor
No. 2-7, 2nd Floor, Block I, Flat Taman Dagang, Taman Dagang, 68000 Ampang, Selangor
Apartment Anggerik
No. E-G-6, Apartment Anggerik, Fasa 1, Jalan Bunga Raya 2, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Pangsapuri Mutiara
No. A-3-04, Pangsapuri Mutiara, Bandar Tasik Kesuma (Rumah Pangsa), 43700 Beranang, Selangor
Rumah Pangsa Sri Indah
No. 34-02-07, Block 34, Rumah Pangsa Sri Indah, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
R/P Bandar Bukit Tinggi 2
No. J-3-12, Blok J, R/P Bandar Bukit Tinggi 2, Di Jalan Batu Nilam 34, 41200, Klang, Selangor
Rumah Pangsa
No. 508, Block 4, Rumah Pangsa (Kos Rendah), Jalan Cangkul 19/3, Seksyen 19, 40300 Shah Alam, Selangor
Pangsapuri Sri Lembayung
No. 05-01-10, Pangsapuri Sri Lembayung, Jalan Mantap 25/126, Taman Seri Lembayung, Seksyen 25, 40400 Shah Alam, 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.