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.
Taman Setia Rawang
No. F0-13, Jalan Setia Rawang 8, Taman Setia Rawang, 48000 Rawang, Selangor
Apartment Dahlia
No. E-1-23A, Block E, Apartment Dahlia, Jalan Bunga Raya 1, Taman Bunga Raya, 48300 Rawang, Selangor
Flora Damansara
No. A-03A-20, Block A, Flora Damansara, No. 1, Jalan Pju 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Apartment Merak
No. 502, Block E4, Apartment Merak, Jalan Bukit Idaman 8, Taman Bukit Idaman, 68100 Batu Caves, Selangor
Apartment Arowana Impian
No. D-2-05, Block D, Apartment Arowana Impian, Taman Arowana Impian, 70300 Seremban, Negeri Sembilan
Permai Apartment
No. B-3-01, Permai Apartment, Taman Permai Impian, 70200 Seremban, Negeri Sembilan
Garden Avenue
No. 3-3-3A, Cempaka C, Garden Avenue, Jalan S2 G5, Seremban 2, 70300 Seremban, Negeri Sembilan
Rumah Pangsa
No. 13-4-8, Rumah Pangsa, Taman Semarak II, 71800, Seremban, Negeri Sembilan
Garden Avenue
No. 30-1-06, Dahlia Q, Garden Avenue, Jalan S2 G5, Seremban 2, 70300 Seremban, Negeri Sembilan
Apartment Cempaka Court
No. B-1-13, Apartment Cempaka Court, Jalan BBN 7A/7, 71800 Nilai, Negeri Sembilan
Anggerik Apartment
No. C-4-7, Anggerik Apartment, Jalan Putra Perdana 1A, Taman Putra Perdana, 47130 Puchong, Selangor
Apartment Dahlia
No. E-G-19, Apartment Dahlia, Jalan Bunga Raya 1, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Apartment Kelisa Ria
No. C-4-16, Block C, Apartment Kelisa Ria, Jalan Kerisa Ria 1, Taman Tangkas Jaya, 43000 Kajang, Selangor
Rumah Pangsa
No. G-16B, Blok B, Rumah Pangsa, Taman Cengal Utama, 70400 Seremban, Negeri Sembilan
Taman Setia Rawang
No. B1-13, Jalan Setia Rawang 10, Taman Setia Rawang, 48000 Rawang, Selangor
3rd Floor
No. 16/CR, 3rd Floor, Jalan Kosas 1/4, Taman Kosas, 68000 Ampang, Selangor
Apartment Harmoni
No. H-223, Block H, Apartment Harmoni, No. 55, Jalan PJU 10/4c, Damansara Damai, 47830 Petaling Jaya, Selangor
Dahlia B Apartment
No. 17-G-10, Dahlia B Apartment, Jalan S2 G5, Garden Avenue, Seremban 2, 70300 Seremban, Negeri Sembilan
Kiara Plaza
No. B-12-12, Block B, Kiara Plaza, Jalan semenyih, 43500 Semenyih, Selangor
Apartment Harmoni
No N-203A, Blok N, Apartment Harmoni, No. 55, Jalan PJU 10/4C, Damansara Damai, 47830 Petaling Jaya, Selangor
Pangsapuri Seri Perantau
No. A-5-2, Block A, Pangsapuri Seri Perantau, Persiaran Sireh Junjung/KS4, 42000 Pelabuhan Klang, Selangor
Pelangi Damansara
No. A-15-10, No. A-13-9, Block A (Melur), Pelangi Damansara, Pju 6, Persiaran Surian, 47800 Petaling Jaya, Selangor
Pangsapuri Laguna Biru
No. B-11-11, Pangsapuri Laguna Biru, Jalan Tasik Biru 17, Taman Tasik Biru, Kundang, 48050 Rawang, Selangor
Taman Seremban Putra
No. F-4-16, Jalan Sikamat, Taman Seremban Putra, 70400, Seremban, 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 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.