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 Sri Raya
No. B-5-12, Pangsapuri Sri Raya, Jalan Ukay Perdana 3, Taman Ukay Perdana, Ampang, Selangor
Desa Satu Apartment
No. DS1-8-D, Desa Satu Apartment, Lorong D1/5, Desa Aman Puri, Kepong, 52100 Kuala Lumpur
Pangsapuri Debunga
No. 5-05, Pangsapuri Debunga, Taman Desa Sentosa, Teras Jernang, 43650 Bandar Baru Bangi, Selangor
Rumah Pangsa Impian
No. 11-4-01, Rumah Pangsa Impian, Jalan SP 4/3, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Perdana Villa
No. A-8-13, Block A, 8th Floor, Perdana Villa, Jalan Temenggung 19, Jalan Sungai Jati, 41200 Klang, Selangor
Pangsapuri Suria
No. B-1-14, Pangsapuri Suria, Jalan Seksyen 2/1, Taman Kajang Utama, 43000 Kajang, Selangor
Pangsapuri Kenanga
No. 3-15, Pangsapuri Kenanga, Jalan Anggerik Perdana 3, Taman Anggerik Perdana 43500 Semenyih, Selangor
Pelangi Damansara
No. C-16-7, Blok C (Cempaka), Pelangi Damansara, PJU 6, Persiaran Surian, 47800, Petaling Jaya, Selangor
Apartment Putra Ria
No. 2-6-42, Apartment Putra Ria, Jalan Pinggiran Putra 31, Taman Pinggiran Putra, Seksyen 2, 43300 Seri Kembangan, Selangor
Pangsapuri Seri Mawar
No. B-1-36, Pangsapuri Seri Mawar, Jalan Seri Putra 4, Bandar Seri Putra, 43000, Kajang, Selangor
Juwita
No. G1-12, Juwita, Jalan Astana 13/2, Astana Alam 3, Seksyen 13, 42300 Bandar Puncak Alam, Selangor
Prestige Residence
No. A-15-03, Block A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Tun Teja
No. 06-21, Blok Anggerik, Pangsapuri Tun Teja, No. 1, Jalan Tun Teja 3, Taman Tun Teja, 48000 Rawang, Selangor
Pangsapuri Villamas
No. D-7-2, 7th Floor, Pangsapuri Villamas, Jalan Muhibbah KU3, Sungai Pinang, 42100 Klang, Selangor
Tower B
No. P2-14-4 (B-14-4), Tower B, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
Megah Villa Apartments
No. C-4-5, Megah Villa Apartments, Jalan Warisan Megah 1/6, Kota Warisan, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Bandar Baru Bangi
No. 11-3A, Jalan 15/1A, Bandar Baru Bangi, Seksyen 15, 43650, Bandar Baru Bangi, Selangor
Puchong Utama Court
No. L-4-01, Block L, Puchong Utama Court, No. 1, Jalan Puchong Utama 7, 47140, Puchong, Selangor
Soho Trio Permai
No. S-6-15, Soho Trio Permai, Jalan Equine, Taman Equine, 43300 Seri Kembangan, Selangor
Taman Ampang Mewah
No. 5B16, Jalan Mewah 8, Taman Ampang Mewah, 68000 Ampang, Selangor
Pangsapuri Baiduri
No. T-1-11, Block T, Pangsapuri Baiduri, Persiaran Tasik Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
4th Floor
No. Cindai 4-14, 4th Floor, Block Cindai, Jalan Astana 13/3, Astana Alam 1, Seksyen 13, 42300, Bandar Puncak Alam, Selangor
Shah Alam
No. 305, Tingkat 2, Blok 1, Jalan Cangkul 19/3, Seksyen 19, 40300, Shah Alam, Selangor
Taman Mas
No. 31-01-J5, Jalan Dagang Mas 3, Taman Mas, 47130 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.