5357 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.
Lilywood Court
No. L1-2-17, Block L1, Lilywood Court, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Kota Damansara
No. 5-5-19, Blok Tanjung 5, Jalan Cecawi 6/19C, Kota Damansara, Seksyen 6, 47810 Petaling Jaya, Selangor
Pangsapuri Teratai
No. 6-5-10, Pangsapuri Teratai, Jalan Metafasa U16/3A, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Taman Seri Sentosa
No. 25-3, Jalan Seri Sentosa 1B, Taman Seri Sentosa, 58000 Kuala Lumpur
Pangsapuri Seri Perantau
No. J-9-16, Pangsapuri Seri Perantau, Persiaran Sireh Junjung, 42000 Pelabuhan Klang, Selangor
Empire Damansara
No. B-23-11, Block Empire Studio, Empire Damansara, No. 2, Jalan PJU 8/8A, Damansara Perdana, 47820 Petaling Jaya, Selangor
Astana Alam 3
No. Juwita 03-04, Astana Alam 3, Jalan Astana 13/2, 42300 Bandar Puncak Alam, Selangor
Desa Baiduri Cheras
No. NB1-09, Block Nilam B, Desa Baiduri Cheras (R/Pangsa), Taman Desa Baiduri, 43200 Cheras, Selangor
Taman Desa Petaling
No. 50-5-10, Block 50, Lorong 4/125C, Taman Desa Petaling, 57100 Kuala Lumpur
Impian Baiduri
No. A-10-05, Block A, Impian Baiduri, No. 6, Jalan 224, Seksyen 51A, 46100 Petaling Jaya, Selangor
Anggerik Apartment
No. N-G-17, Block N, Anggerik Apartment, Jalan Bunga Raya 2, Taman Bunga Raya, 48300 Rawang, Selangor
Rumah Pangsa Sri Indah
No. 28-05-04, Block 28, Rumah Pangsa Sri Indah, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Taman Cheras Prima
No. A-05-06, Block A, Jalan Cheras Prima, Taman Cheras Prima (R/Pangsa), 43000 Cheras, Selangor
Pangsapuri Putri Laksamana
No. A-3-08, Block Aman, Pangsapuri Putri Laksamana, Jalan Batu Caves, 68100 Batu Caves, Selangor
Saujana Puchong
No. 39-3C, Jalan SP 3/1, Saujana Puchong, Bandar Putra Permai, 47110 Puchong, Selangor
3rd Floor
No. 68-3D, 3rd Floor, Lorong Laksamana 20, Taman Sentosa Perdana, 41200 Klang, Selangor
Pangsapuri Seri Suria
No. H-03-10, Level 3, Block H, Pangsapuri Seri Suria, Jalan Sunway 3A, Bandar Sunway Semenyih, 43500 Semenyih, Selangor
3rd Floor
No. 27-03-02, Block 27, 3rd Floor, Lorong Batu Nilam 1E, Bandar Bukit Tinggi, 41200 Klang, Selangor
Melur Apartment
No. D-4-18, Tingkat 4, Block D, Melur Apartment, Jalan TBK 1/10, Taman Bukit Kinrara, 47100 Puchong, Selangor
Pusat Hentian Kajang
No. 41-3B, Jalan Hentian 4, Pusat Hentian Kajang, 43000 Kajang, Selangor
Taman Kajang Utama
No. D420, Block D, Jalan Seksyen 1/1, Taman Kajang Utama, 43000 Kajang, Selangor
1st Floor
No. C-1-04, 1st Floor, Block C, Block Cahaya, Putri Laksamana, 68100 Batu Caves, Selangor
Apartment Lily
No. B1-2-22, Block B1, Apartment Lily, Jalan RP 12, Taman Rawang Perdana 2, 48000 Rawang, Selangor
Pangsapuri Rebana
No. C-2-3, Block C, Pangsapuri Rebana, Jalan Gamelan, Bandar Bukit Raja, 41050, 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 5357 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.