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.
Cemapaka Puri 4
No. A-2-14, Cemapaka Puri 4 (Rumah Pangsa Cempaka 4), Jalan BBN 6/2, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan
Seremban Putra Apartment
No. Block G-04-12, Seremban Putra Apartment, Jalan Sikamat, 70400 Seremban, Negeri Sembilan
Taman Nilai 3
No. 2.20, Block B, Jalan Mekanikal 2, Taman Nilai 3, 71800 Nilai, Negeri Sembilan
Pangsapuri Mawar
No. SA-E4-05, Pangsapuri Mawar, Seksyen 11, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Taman Setia Balakong
No. K3-13, Taman Setia Balakong, 43000 Kajang, Selangor
Pangsapuri Sri Indah
No. 23-05-06, Pangsapuri Sri Indah, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Seri Pulai
No. A4-18, Block A, Seri Pulai, Jalan Balakong Jaya 26, Taman Balakong Jaya, 43200 Balakong, Selangor
Apartment Teratai
No. J-G-56, Apartment Teratai, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Pandan Indah
No. BH-4-5, Block BH, Jalan Pandan Indah 5/20, Pandan Indah, 55100 Kuala Lumpur
Ocean View Resort
No. E302, Ocean View Resort, Jalan Pantai, Batu 9, Teluk Kemang, 71050 Port Dickson, Negeri Sembilan
Sungai Chua
No. P1-2-02, Off Jalan Wan Siew, Sungai Chua, Taman Sepakat Indah, 43000, Kajang, Selangor
Pangsapuri Kota Impian
No. A-01-16, Blok A, Pangsapuri Kota Impian, Jalan KP 4/9, Kota Perdana, 43300 Bandar Putra Permai, Selangor
Apartment Kenanga
No. 1-308, Apartment Kenanga, Bandar Baru Selayang, 68100 Batu Caves, Selangor
Pangsapuri Makmur
No. A3-4-2, Block A, Pangsapuri Makmur, Jalan Impian Makmur, Taman Saujana Impian, 43000 Kajang, Selangor
Pangsapuri Putra Raya
No. D-3-05, Pangsapuri Putra Raya, Jalan PP 32, Taman Pinggiran Putra, Seksyen 2, 43300, Seri Kembangan, Selangor
Pusat Hentian Kajang
No. 8-2B, 2nd Floor, Jalan Hentian 1C, Pusat Hentian Kajang, 43000, Kajang, Selangor
Pangsapuri Subang Hijauan
No. 12-6-11, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
PD Perdana
No. N-503, PD Perdana, Bt. 5, Jalan Pantai, 71000 Port Dickson, Negeri Sembilan
Taman Sentosa
No. 11-3d, Jalan Dato Yusof Shahbudin 42, Taman Sentosa, 41200, Klang, Selangor
Taman Sri Muda
No. 9A, Tingkat 1, Block 3J, Jalan Sabar 25/83, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
4th Floor
No. 3-4-3, 4th Floor, Block 3, Gugusan Cempaka, Jalan Cecawi 6/19, Seksyen 6, Kota Damansara, 47810 Petaling Jaya, Selangor
Spring Court 2
No. 85-02-G2, Spring Court 2, Lingkaran Dagang Mas, Taman Mas, 47100 Puchong, Selangor
Pangsapuri Kos Rendah Ceria
No. A-05-01, Pangsapuri Kos Rendah Ceria, Jalan TK 4/5, Taman Kinrara Seksyen 4, 47100 Puchong, Selangor
Apartment Ghazal A2
No. A2-132, 1st Floor, Apartment Ghazal A2, Taman Impian Ehsan III, 43300 Balakong, 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.