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.
Desa Mentari
No. B3-1-24, Blok 3, Jalan PJS 5/12, Desa Mentari, 46000, Petaling Jaya, Selangor
Impian Baiduri
No. A-05-13, Block A, Impian Baiduri, No. 6, Jalan 224, Seksyen 51A, 46100 Petaling Jaya, Selangor
Bandar Bukit Tinggi 2
No. J-4-19, Block J, Jalan Batu Nilam 34, Bandar Bukit Tinggi 2, 41200 Klang, Selangor
Unicity Serviced Suites
No. S12-019, Unicity Serviced Suites, Pusat Komersial Seksyen 3, Seremban 3, 70300 Seremban, Negeri Sembilan
Pangsapuri Birchwood Court
No. B10-3-06, Pangsapuri Birchwood Court, Pinggiran Lembah Hijau 9, Bandar Tasik Puteri, 48020 Rawang, Selangor
Rumah Pangsa Rampai Idaman
No. D-4-23, Blok D, Rumah Pangsa Rampai Idaman, Jalan PJU 10/9, Prima Damansara, PJU 10, 47830 Petaling Jaya, Selangor
Putra Raya Apartment
Unit No. D-2-19, 2nd Floor, Block D, Putra Raya Apartment, Jalan PP 32, Taman Pinggiran Putra, Seksyen 2, 43300 Seri Kembangan, Selangor
Taman Prima Selayang
No. 203, Blok C, Jalan PS 1, Taman Prima Selayang, 68100 Batu Caves, Selangor
Desa Sentosa
No. 3-11, Block Episia, Desa Sentosa, 43650 Bandar Baru Bangi, Selangor
Taman Mesra
No. G-C-9, Lorong Samarinda 13B/KS7, Taman Mesra, 41000 Klang, Selangor
Pangsapuri Teratai
No. 5-5-3, Pangsapuri Teratai, Jalan Metafasa U16/3A, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Bandar Teknologi Kajang
No. FL02-05, Block N, Jalan 3/16, Seksyen 3, Bandar Teknologi Kajang, 43500 Semenyih, Selangor
Rumah Pangsa Rampai Idaman
No. H-3-08, Blok H, Rumah Pangsa Rampai Idaman, No. 2, Jalan PJU 10/9, PJU 10, Prima Damansara, 47830 Petaling Jaya, Selangor
Pangsapuri Samudera
No. EG-21, Pangsapuri Samudera, Persiaran Masjid Sultan/KS13, Pulau Indah, 42920 Pelabuhan Klang, Selangor
Pangsapuri Seri Perantau
No. C-3-15, Blok C, Pangsapuri Seri Perantau, Persiaran Sireh Junjung KS4, 42000 Klang, Selangor
Pangsapuri Taman Dahlia
No. B-4-15, Pangsapuri Taman Dahlia, Jalan Dahlia 6/3A, Taman Dahlia, Bandar Baru Salak Tinggi, 43900Sepang, Selangor
Pangsapuri Sunway Sinar
No. S2-314, Pangsapuri Sunway Sinar, Jalan Ungu U9/33, Sunway Kayangan, Seksyen U9, 40150 Shah Alam, Selangor
Apartment Dahlia
No. F-2-08, Apartment Dahlia, Jalan Bunga Raya 1, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Apartment Suria
No. A-210, Apartment Suria, Jalan PJU 10/4C, Damansara Damai, 47830 Petaling Jaya, Selangor
Rumah Pangsa Rampai Idaman
No. C-3-08, Rumah Pangsa Rampai Idaman, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Rumah Pangsa Rampai Idaman
No. B-4-02, Rumah Pangsa Rampai Idaman, No. 2, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Garden Avenue
No. 26-3-08, Dahlia L, Jalan S2 G5, Garden Avenue, Seremban 2, 70300 Seremban, Negeri Sembilan
Pangsapuri Pandamaran Jaya
No. 3-5, Block E, Pangsapuri Pandamaran Jaya, Pelabuhan Klang, 42000 Klang, Selangor
Taman Sri Manja
No. 3A-10, Block B, Jalan PJS 3/55, Taman Sri Manja, 46000 Petaling Jaya, 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.