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.
Anggerik Villa II
No. C2-08-11A, Jalan Anggerik Villa 2/2, Anggerik Villa II, Off Jalan Semenyih, 43000 Kajang, Selangor
Residensi Rimbun
No. B-08-3A, Blok B, Residensi Rimbun, Jalan Zamrud Utama, 43000 Kajang, Selangor
Pangsapuri Vista Lavender
No. F-05-06, Pangsapuri Vista Lavender, Persiaran Kinrara Seksyen 3, 47100 Puchong, Selangor
Pangsapuri Enggang
No. A-10-20, Block A, Pangsapuri Enggang, Jalan Kinrara 6F, Bandar Kinrara, 47180 Puchong, Selangor
Rumah Pangsa Bandar Bukit Tinggi 2
No. P-3-14, Block P, Rumah Pangsa Bandar Bukit Tinggi 2, Jalan Batu Nilam 34, 41200, Klang, Selangor
Taman Pinggiran Batu Caves
No. L0.07, No. 2, Blok L, Taman Pinggiran Batu Caves, 68100 Batu Caves, Selangor
Pangsapuri Anggerik
No. 302, Blok 1, Pangsapuri Anggerik, Jalan Sungai Limau 26/36, Seksyen 26, 40400 Shah Alam, Selangor
Pangsapuri Rebana Jalan Gamelan
No. H-5-7, Block H, Pangsapuri Rebana Jalan Gamelan, Bandar Bukit Raja Klang 41050 Selangor
Pangsapuri Seri Proton
No. C1-3-10, Block C1, Pangsapuri Seri Proton, Lorong Samarinda 6A, Off Jalan Kebun, 41000, Klang, Selangor
Apartment Harmoni
No. H-119, Block H, Apartment Harmoni, No. 55, Jalan PJU 10/4C, Damansara Damai, 47830 Petaling Jaya, Selangor
Rista Villa Apartment
No. 24-G-05, Block 24, Rista Villa Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Desa Satu Apartment
No. 7-10-A, Block 7, Desa Satu Apartment, Off Lorong D1/5, Desa Aman Puri, Kepong 52100, Kuala Lumpur
Desa Mentari 2
No. B10-16-29, Blok 10, Jalan PJS 2B/1, Desa Mentari 2, 46150, Petaling Jaya, Selangor
Pangsapuri Siantan
No. B-3-16, Pangsapuri Siantan, Taman Putra, Perdana, 47130 Puchong, Selangor
Flora Damansara
No. B-01-09, Block B, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Saujana Ria
No. SR-6-25, Saujana Ria, No. 4, Jalan Wangsa 2/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Kiara Plaza
No. B-20-05, Block B, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Pangsapuri Aman Perdana
No. B-03-15, 3rd Floor, Block B, Pangsapuri Aman Perdana, Jalan Aman Perdana 10E/KU5, Taman Aman Perdana, 41050 Klang, Selangor
Pangsapuri Angsana
No. D12-12-10 (Parcel No. D-11-10), Block D, Pangsapuri Angsana, Persiaran Subang Mewah, USJ 1, 47620, Subang Jaya, Selangor
Bandar Bukit Mahkota Bangi
Unit No. E-3A-2, Block E, Jalan BM 4/5, Off Persiaran Mahkota Dua, Seksyen 4, Bandar Bukit Mahkota Bangi, 43000 Kajang, Selangor
Pangsapuri Aman Perdana
No. C-2-7, Pangsapuri Aman Perdana, Jalan Aman Perdana 10E/KU5, Taman Aman Perdana, 41050 Klang, Selangor
Pangsapuri Ceria
No. D-05-02, Pangsapuri Ceria, Jalan TK 4/5, Taman Kinrara, Seksyen 4, 47100 Puchong, Selangor
Pangsapuri Ruvena Villa
No. 09-1-05, Pangsapuri Ruvena Villa, Jalan Putra Perdana 7, Taman Putra Perdana, 47100 Puchong, Selangor
Pangsapuri Jati
No. 25-05-F1, Blok F, Pangsapuri Jati, Jalan Dagang Mas 2, Taman Mas, 47100 Puchong, 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.