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 Seri Permai
No. B-3-10, Block B, Apartment Seri Permai, Jalan 15, Kampung Baru Semenyih, 43500, Semenyih, Selangor
Taman Medan
No. D1-19, Block D, Jalan Medan 32, Taman Medan, 46000 Petaling Jaya, Selangor
Pangsapuri Rebana
No. C-3-3, Block C, Pangsapuri Rebana, Jalan Gamelan, Bandar Bukit Raja, 41050 Klang, Selangor
Pangsapuri Semenyih Mewah
No. 5/4, Pangsapuri Semenyih Mewah, Taman Semenyih Mewah, 43500, Semenyih, Selangor
Pandan Mewah
No. A11-4-11, Jalan Mewah 4, Pandan Mewah, 68000 Ampang, Selangor
Impiana Apartment
No. 16-4A, Impiana Apartment, Jalan Wangsa 3/6, Taman Wangsa Permai, 52200 Kuala Lumpur
Rumah Pangsa Impian
No. 14-3-08, Block 14, Rumah Pangsa Impian, Jalan SP 4/3, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Lengkungan Kampung Nelayan
No. F-L2-09, Lengkungan Kampung Nelayan, Taman Seri Nelayan Telok Gong, 42000 Pelabuhan Klang, Selangor
Apartment Danau Sutera
No. S-L4-03, Apartment Danau Sutera, Jalan BBK 1/9, Bandar Baru Kundang, 48020 Rawang, Selangor
Taman Langat Murni
No. D1-L4-09, Jalan Murni 2/1, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Taman Langat Murni
No. BB-L4-07, Jalan Murni 2/1A, Taman Langat Murni, Bukit Changgang, 42700 Banting, Selangor
Pangsapuri Kuang
No. B2-01-14, Block B2, Pangsapuri Kuang, Jalan SB Indah 5/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor
2nd Floor
No. D-02-49F, 2nd Floor, Block D, Jalan Cheras 5, Taman Cheras Prima, 43000 Kajang, Selangor
Pangsapuri Pendekar
No. L6-5-12, Block L6, Pangsapuri Pendekar, Taman Tun Perak, 43200 Cheras, Selangor
Bandar Sungai Long
No. 33-2A, Jalan SL 11/7, Bandar Sungai Long, 43000 Kajang, Selangor
Palma Apartment
No. B04-1-23, Block B4, Palma Apartment, Jalan Desa Ria, Bandar Country Homes, 48000 Rawang, Selangor
4th Floor
No. BD-04-14, 4th Floor, Block D, Jalan Angsana 8, Taman Bukit Angsana, 56000 Cheras, Selangor
Apartment Idaman
No S-412, Blok S, Apartment Idaman, Jalan PJU 10/1, Damansara Damai, 47830, Petaling Jaya, Selangor
Storey
No. G-L1-18, Storey No. L1, Block G, Taman Sri Nelayan, 42000 Klang, Selangor
Taman Petaling Utama
No. D09-10, Block D, Jalan PJS 1/52, Taman Petaling Utama, 46000 Petaling Jaya, Selangor
Pangsapuri Raya
No. B-5-06, 5th Floor, Block B, Pangsapuri Raya, Jalan Desa 5/6, Bandar Country Homes, 48000 Rawang, Selangor
Rumah Pangsapuri
No. B4-13, Rumah Pangsapuri, Taman Kajang Mewah, 43000 Kajang, Selangor
Cemapaka Puri 4
No. A-3-11, Cemapaka Puri 4 (Rumah Pangsa Cempaka 4), Jalan BBN 6/2, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan
Apartment Lestari
No. C-15-26, Block C, Apartment Lestari, No. 1, Jalan PJU 10/1B, Damansara Damai, 47830 Petaling Jaya, 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.