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.
Apartment Ghazal A2
No. A2-132, 1st Floor, Apartment Ghazal A2, Taman Impian Ehsan III, 43300 Balakong, Selangor
Flat Taman Samudera
No. 4-16, Block A05, Flat Taman Samudera, Jalan Samudera Timur 7, Taman Samudera, 68100, Batu Caves, Selangor
Rumah Pangsa
No. 37, Blok W, Tingkat 3, Rumah Pangsa, Taman Megah Cheras, 43200, Cheras, Selangor
Taman Tun Teja
No. 05-06, Blok Mawar, Jalan Tun Teja 3, Taman Tun Teja, 48000, Rawang, Selangor
Rumah Pangsa Kos Rendah
No. 214, Tingkat 2, Block A, Rumah Pangsa Kos Rendah, Jalan Ukay Perdana 2, Taman Ukay Perdana, 68000 Ampang, Selangor
Taman Wilayah Selayang
No. 2-3-5, Blok 2, Jalan 20/2A, Taman Wilayah Selayang, off Jalan Ipoh, 68100 Kuala Lumpur
Apartment Perkasa
No. 18-3A, Apartment Perkasa, Jalan 15/1F, Seksyen 15, 43560 Bandar Baru Bangi, Selangor
Pangsapuri Kos Rendah
No. B-05-11, Pangsapuri Kos Rendah, Jalan TK 4/5, Sunway Kinrara, 47100, Puchong, Selangor
Pangsapuri Rosewood Court
No. R2-4-13, Pangsapuri Rosewood Court, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Bandar Bukit Mahkota Bangi
No. E-3A-02, Block E, Jalan BM 4/5, Off Jalan Persiaran Mahkota Dua, Seksyen 4, Bandar Bukit Mahkota Bangi, 43000 Kajang, Selangor
Rumah Pangsa Taman Sri Kenari
No. A2-06-17, Blok A, Jalan Sri Kenari 8, Rumah Pangsa Taman Sri Kenari, 43000, Kajang, Selangor
Bandar Bukit Tinggi
No. H-04-05, Blok H, Jalan Batu Nilam 15, Bandar Bukit Tinggi, 41200 Klang, Selangor
Flat PJ Selatan 6/3B
No. 313, Flat PJ Selatan 6/3B, Blk 2, 46000 Petaling Jaya, Selangor
Rumah Pangsa Taman Semarak II
No. D-2-7, Block D, Rumah Pangsa Taman Semarak II, 71800, Nilai, Negeri Sembilan
Rumah Pangsa Taman Senangin
No. A, 1-6, Rumah Pangsa Taman Senangin, Taman Senangin, 70450, Mukim Rasah, Negeri Sembilan
Bandar Baru Ampang
No. CA-4-21, Jalan Watan 12, Bandar Baru Ampang, 68000 Ampang, Selangor
Apartment Seri Permai
No. A-2-2, Block A, Apartment Seri Permai, Jalan 15, Kampung Baru Semenyih, 43500 Semenyih, Selangor
Taman Bukit Rawang Putra
No. B3-5-16, Jalan Bukit Rawang Putra 15, Taman Bukit Rawang Putra, Rawang, Selangor
Taman Desa Cheras
No. 11-3-13, Block 11, Jalan 13/154D, Taman Desa Cheras, 56000 Kuala Lumpur
Rumah Pangsa Seri Kristana 7
No. K7-L4-8, Rumah Pangsa Seri Kristana 7, Persiaran Seri Pristana 1, Seri Pristana, 47000 Sungai Buloh, Selangor
2nd Floor
No. 8B, 2nd Floor, Block 3A, Jalan Sabar 25/83, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Apartment Kemuning
No. F-3-01, Block F, Apartment Kemuning, Jalan Bunga Raya 1, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor.
Taman Desa Karunmas
No. 1-10, Jalan Karunmas 9, Taman Desa Karunmas, 43300 Kajang, Selangor
Lilywood Court
No. L2-4-16, On Site Block L2, Lilywood Court, Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, 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.