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.
Apartment Lestari
No. J-3-03, Apartment Lestari, No 1, Jalan PJU 10/1B, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Vista Impiana
No. 04-32, Vista Impiana, Taman Bukit Serdang, Seksyen 10, 43300, Seri Kembangan, Selangor
Pangsapuri Permai Indah
No. C-4-11, Block C, Pangsapuri Permai Indah, Taman Permai Indah, Pandamaran Jaya, 42000 Pelabuhan Klang, Selangor
Pangsapuri Kenanga
No. 14-02, Pangsapuri Kenanga, Jalan GP 2, Taman Gombak Permai, 68100 Batu Caves, Selangor
Taman Tenaga
No. 203-B, Tingkat 1, Jalan Tenaga 18, Taman Tenaga, 43000 Kajang, Selangor
Pangsapuri Sri Lembayung
No. 7-5-07, Block 7, Pangsapuri Sri Lembayung, Jalan Mantap 25/126, Taman Sri Lembayung, Seksyen 25, 40400 Shah Alam, Selangor
Pangsapuri Permai
No. 1-3-8, Pangsapuri Permai, Lebuh Utama Sri Gombak, Taman Gombak Permai, 68100 Batu Caves, Selangor
Glen Court
No. A3-3, Block A, Glen Court, Persiaran Sungai Long 1, Bandar Sungai Long, 43000, Kajang, Selangor
Pangsapuri Seri Rantau
No. F-8-5, Blok F, Pangsapuri Seri Rantau, Persiaran Sireh Junjung/KS04, 42000 Pelabuhan Klang, Selangor
Taman Mas
No. 89-02-G1, Lingkaran Dagang Mas, Taman Mas, 47130 Puchong, Selangor
Pangsapuri Valencia
No. 8B, Tingkat 2, Blok F, Pangsapuri Valencia, Jalan Tokoh 25/28, Taman Sri Muda, 40400, Shah Alam, Selangor
Apartment Idaman
No. J-215, Block J, Apartment Idaman, No. 9, Jalan PJU 10/1, PJU 10, 47830 Petaling Jaya, Selangor
Jalan 2/1
No. 213, Block 3, Jalan 2/1, Seksyen 2, 43650 Bandar Baru Bangi, Selangor
Pangsapuri Sri Lembayung
No. 2-04-3, Pangsapuri Sri Lembayung, Jalan Mantap 25/126, Taman Seri Lembayung, Seksyen 25, 40400 Shah Alam, Selangor
Rumah Pangsa Impian
No. 1-3-08, Rumah Pangsa Impian, Jalan SP 4/3, 42610, Bandar Saujana Putra, Selangor
Desa Temenggung Block B
No. B-3-03, Desa Temenggung Block B, 68100, Batu Caves, Selangor
Apartment Dahlia
No. E-1-18, Block E, Apartment Dahlia, Jalan Bunga Raya 1, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Rumah Pangsa
No. 407, Block 1, Rumah Pangsa (Kos Rendah), Jalan Cangkul 19/3, Seksyen 19, 40300, Shah Alam, Selangor
4th Floor
No. 4-15, 4th Floor, Block Anggerik Lorong 5/1, Taman Dagang, 68000 Ampang, Selangor
Apartment Anggerik
No. C-1-10, Apartment Anggerik, Jalan Bunga Raya 2, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Pangsapuri Indah
No. 1-516, Pangsapuri Indah, Jalan Suria U5/103A, Seksyen U5, 40150 Shah Alam, Selangor
Rista Villa Apartment
No. 06-1-07, Rista Villa Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Rumah Pangsa Bandar Bukit Puchong
No. D-5-12, Rumah Pangsa Bandar Bukit Puchong, Jalan BP 1/2, 47120 Puchong, Selangor
Pandan Indah
No. BH-3-20, Blok BH, Jalan Pandan Indah 5/20, Pandan Indah, 51100 Kuala Lumpur
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.