1291 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.
Dataran Sentral Damansara
No. A-03-06, Block A, Dataran Sentral Damansara (D'Clover Residences), No. 3, Jalan PJU 8/8B, Sentral Damansara, PJU 8, 47820 Petaling Jaya, Selangor
Windows On The Park
No. B-01-07, Block B, Windows On The Park, Jalan KPB 18, 43200 Cheras, Selangor.
Tropicana Avenue
No. B-05-08, Block B, Tropicana Avenue, No. 12, Persiaran Tropicana, Tropicana Golf & Country Resort, PJU 3, 47410 Petaling Jaya, Selangor
Wisma Infinitum
No. B-29-07, Block B, Wisma Infinitum, No. 18, Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur.
Residensi Xtreme Meridian
No. D-20-03A, Blok D, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 Kuala Lumpur
Villa Lagenda Condominium
No. B-19-03, Block B, Villa Lagenda Condominium, No. 1, Jalan 4/2B, Taman Desa Bakti, 68100 Selayang, Kuala Lumpur
Sucasa Corporate Apartment
No. 3-03, Sucasa Corporate Apartment, No. 2, Jalan Ampang, 50450 Kuala Lumpur
Residensi Bennington
No. B-13-09, Residensi Bennington, No. 1, Jalan Arena 1,, Setapak, 53200 Kuala Lumpur
Pusat Perdagangan Icon City
No. T3-22-3A, Pusat Perdagangan Icon City, Jalan SS8/39, SS8, 47300 Petaling Jaya, Selangor
Residensi Vyne
No. C-8-8 (on-site No. C.08.08, Block C), Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Tower 1
No. A-18-3A, Tower 1 (Block A),188 Suites, Jalan Cendana, 50250 Kuala Lumpur
Pangsapuri Temasya Kasih
No. A-5-12A, Pangsapuri Temasya Kasih, No. 6, Jalan Kerjaya, Seksyen U1, 40150 Shah Alam, Selangor
Pavilion
No. B-21-02, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100, Puchong, Selangor
Residensi Pano
No. A-18-3A, Residensi Pano, No. 556, Batu 3 ½, Jalan Ipoh, 51200, Kuala Lumpur
Emporis
No. B-30-03A, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810, Petaling Jaya, Selangor
Tower A
No. A-35-03, Tower A, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, 56000 Kuala Lumpur
The Elements
No. B-08-01, The Elements, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Greenpark Condominium
No. A16-01, 16th Floor, Block A, Greenpark Condominium, Jalan Awan Pintal, Taman Yarl, 58200 Kuala Lumpur
Residensi Riverville
No. B-05-03, Block B, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000 Kuala Lumpur
Pangsapuri Vista Amani
No. B-18-3, Pangsapuri Vista Amani, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Kuala Lumpur
Kuarza 16 Apartment
No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur
Catalina Villa
No. 312A-1-2, Jalan Ampang, Catalina Villa, 50450 Kuala Lumpur
You Residences
No. A-20-08, Block A, You Residences, Jalan Persiaran You City, 43200 Cheras, Selangor
Kondominium Sierra 10
No. B-19-10, Blok B, Kondominium Sierra 10, Jalan Sierra 10/1, Bandar 16 Sierra, 47120, 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 1291 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.