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 Idaman Melur
No. A-19-15, Pangsapuri Idaman Melur, Jalan Cybersouth 10, Cybersouth, 43800 Dengkil, Selangor
Residensi Emas
No. B-14-13 (Developer's Parcel No. 1057), Blok B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Pangsapuri Selangorku Suasana Harmoni
No. A-07-03, Pangsapuri Selangorku Suasana Harmoni, Jalan Pintar, 43000 Kajang, Selangor
Prestige Residence
No. A-16-18, Blok A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Idaman Abadi
No. E-25-9, Blok E, Pangsapuri Idaman Abadi, Persiaran Tropicana Heights, 43500 Semenyih, Selangor
Apartment Seri Ceria 1
No. G-11-12, Block G, Apartment Seri Ceria 1, Ppr Pinggiran Bukit Jalil, Jalan Bukit Jalil Indah, 57000 Kuala Lumpur
Pangsapuri Melodi Perdana
No. MPC-13-07, Jalan Perdana 1, Pangsapuri Melodi Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
BSP 21
No. H-06-05, BSP 21, Persiaran Suajana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Idaman BSP
No. B-19-14, Pangsapuri Idaman BSP, Jalan SP 11/1, Bandar Saujana Putra 1, 47130 Puchong, Selangor
Kondo Sri Manja Court
No. A-3-2, Kondo Sri Manja Court, Jalan PJS 3/40, Taman Sri Manja, 46000 Petaling Jaya, Selangor
Kompleks Suria Kinrara
No. D-10-24, Block D, Kompleks Suria Kinrara, Persiaran Kinrara, Seksyen 3, 47190 Puchong, Selangor
Pelangi Damansara
No. D-3-09, Blok D (Dahlia), Pelangi Damansara, PJU 6, Persiaran Surian, 47800, Petaling Jaya, Selangor
Aspire Residence 1
No. 3-08-15, Block 3, Aspire Residence 1, Cyber 10, 63000 Cyberjaya, Selangor
Cyberia Smarthomes C
No. C1-11-8, Cyberia Smarthomes C, Cyberia, Cyber 11, 63000 Cyberjaya, Selangor
15th Floor
No. A15-11, 15th Floor, Block A, Magna Ville Selayang, Jalan Lebuhraya Selayang Kepong, 68100 Batu Caves, Selangor
Tower B
No. B2-24-08, Tower B, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Tunas Residensi
No. B-1-13, Blok B, Tunas Residensi, Taman Nada Bidara, 71950 Seremban, Negeri Sembilan
Pangsapuri Casa Embun
No. A-18-19, Block A, Pangsapuri Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, Selangor
Pangsapuri Servis Brunsfield
No. 14 12, 14th Floor, Pangsapuri Servis Brunsfield, No. 3, Jalan 13/42, Seksyen 13, 40150 Shah Alam, Selangor
BSP 21
No. B-01-03A, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
One Equine
No. A-04-20, One Equine, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Residensi Idaman Selangorku
No. A3-4-32, Block A3, Residensi Idaman Selangorku, Jalan Komat 1, Selangor Cyber Valley, 63000 Cyberjaya, Selangor
Pangsapuri Safira
No. A-7-03, Pangsapuri Safira, Persiaran S2 / E1, Seksyen E, Seremban 2, 70300 Seremban, Negeri Sembilan
Edusentral
No. C-18-07, Block C, Edusentral, No. 1, Jalan Setia Murni U13/51, Setia Alam Seksyen U13, 40170 Shah Alam, 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.