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 Subang Hijauan
No. 12-6-11, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor Apartment
Residensi Warnasari
No. Begonial Kristal 03-11, Jalan Residensi Warnasari 13/1, Residensi Warnasari, Seksyen 13, 42300, Bandar Puncak Alam, Selangor
Taman Puchong Permai
No. A5-4-45 Block A5, Jalan Permai 1/2, Taman Puchong Permai, 47150, Puchong, Selangor
Sandalwood
No. S2-1-19, Block S2, Sandalwood, Pinggiran Lembah Hijau 8, Bandar Tasik Puteri, 48020 Rawang, Selangor
4th Floor
No. BB-04-01, 4th Floor, Block D, Jalan Angsana 8, Taman Bukit Angsana, 56000 Cheras, Selangor
Desa Petaling
No. 53-5-8, Blok 53, Lorong 3/125c, Desa Petaling, 57100, Kuala Lumpur
Taman Wilayah Selayang
No. 3-2-23, Jalan 20/2A, Taman Wilayah Selayang, 68100 Kuala Lumpur.
Pandan Indah
No. BF-2-18, Block BF, Jalan Pandan Indah 5/20, Pandan Indah, 55100, Kuala Lumpur
Pangsapuri Seri Nilam
No. E-14-21, Pangsapuri Seri Nilam, Bandar Baru Ampang, 68000 Ampang, Selangor
Pangsapuri Villamas
No. D-6-8, Pangsapuri Villamas, Jalan Muhibbah/KU3, Sungai Pinang, 41200 Klang, Selangor
Pangsapuri Blok 2
No. 420, Pangsapuri Blok 2, Jalan PJS 6A, Kampung Lindungan, 46150 Petaling Jaya, Selangor
Pangsapuri Baiduri
No. Q-G-13, Block Q, Pangsapuri Baiduri, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Taman Megah Cheras
No. R-01-52, Block R, Taman Megah Cheras, 43200 Kajang, Selangor
Flora Damansara
No. D-13-6, Block D, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Rimau Perdana
No. 13-03-10, Pangsapuri Rimau Perdana, Jalan Sungai Gombak 32/67, Bukit Rimau, Seksyen 32, 40460 Shah Alam, Selangor
Rumah Pangsa Sri Saujana
No. B-4-06, Rumah Pangsa Sri Saujana, Jalan SP 4/2, 42610, Bandar Saujana Putra, Jenjarom, Selangor
Pangsapuri Villamas
No. B-7-7, Pangsapuri Villamas, Jalan Muhibbah/KU3, Sungai Pinang, 42100 Klang, Selangor
Taman Pusat Kepong
No. 17-2-2, Jalan 7/40, Taman Pusat Kepong, 52100 Kuala Lumpur
Flat Jalan Au 3/1
No. D7, Blok 2, Tingkat 4, Flat Jalan Au 3/1, Taman Keramat, 54200 Kuala Lumpur
Ampang Hulu Klang
No. D7, Blok 2, Tingkat 4, Ampang Hulu Klang, 68000, Ampang, Selangor
Rumah Pangsa Sri Indah
No. 21-02-01, Block 21, Rumah Pangsa Sri Indah, Persiaran Lestari Perdana, Taman Lestari Perdana, Seri Kembangan, Selangor
Sri Ros Apartment
No. P8-C-03-03, Sri Ros Apartment, Jalan Sepakat Indah 6, Taman Sepakat Indah, 43000 Kajang, Selangor
Pangsapuri Melor
No. C-03-12, Blok C, Pangsapuri Melor, Persiaran Prima Utama, Taman Puchong Prima, 47150, Puchong, Selangor
Pangsapuri Palma
No. C-5-16, Pangsapuri Palma, Jalan Palma Raja 3/KS6, Bandar Botanic, 41200 Klang, 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.