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.
Taman Prima Selayang
No. 317, Block B, Jalan PS 1/1, Taman Prima Selayang, 68100 Batu Caves, Selangor
Saujana Damansara
No. D-2-17B, Block D, Saujana Damansara, PJU 10, Jalan PJU 10/10F, 47830 Petaling Jaya, Selangor
Pangsapuri Putra Raya
No. B-4-24, Pangsapuri Putra Raya, Jalan PP 27, Taman Pinggiran Putra, Seksyen 2, 43300 Seri Kembangan, Selangor
Taman Sepakat Indah
No. P3-A-05-25, Blok A, Off Jalan Sepakat Indah 3, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Taman Sinaran
No. H-4-1, Block H, Jalan Sinaran 2, Taman Sinaran, 43000 Kajang, Selangor
Astana Alam 2
No. Cinta 04-01, Block Cinta, Astana Alam 2, Jalan Astana 13/3, Seksyen 13, 42300 Bandar Puncak Alam, Selangor
Taman Nilai 3
No. 2.03, Blok B, Jalan Mekanikal 2, Taman Nilai 3, 71800 Nilai, Negeri Sembilan
Pangsapuri Dahlia
No. D-G-16, Pangsapuri Dahlia, Jalan Putra Perdana 3B, Taman Putra Perdana, 47130 Puchong, Selangor
Taman Mulia Jaya
No. 130, Block C, Jalan Mulia, Taman Mulia Jaya, 68000 Ampang, Selangor
Pangsapuri Camelia Court
No. C2-G-7, Block C2, Pangsapuri Camelia Court, Persiaran Lembah Hijau 4, Bandar Tasik Puteri, 48020, Rawang, Selangor
Pangsapuri Jati
No. SA-L3-01, Anjung 'B', Pangsapuri Jati, Jalan KP 1/6, Kota Perdana, 43300, Seri Kembangan, Selangor
2nd Floor
No. 15-2A, 2nd Floor, Jalan 2/1A, Taman Kepong Indah, 52100 Kuala Lumpur
2nd Floor
No. 2-51B, 2nd Floor, Jalan SP 5/5, Taman Serdang Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Baiduri
No. I-4-14, Block I, Pangsapuri Baiduri, Persiaran Tasik Kesuma, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Pangsapuri Sri Haneco
No. A-02-23, Block A, Pangsapuri Sri Haneco, Jalan Sri Haneco, Kawasan Perindustrian Sri Haneco, 43500, Semenyih, Selangor
Pangsapuri BBK
No. C-L5-12, Block C, Pangsapuri BBK, Off Jalan BBK Utama, Bandar Baru Kundang, Pengkalan Kundang, 48020 Rawang, Selangor
Rumah Pangsa Saujana Teratai
No. D-4-11, Rumah Pangsa Saujana Teratai, Jalan TAJ 1/1, Taman Alam Jaya, 42300 Bandar Puncak Alam, Selangor
Apartment Danau Sutera
No. R-L5-05, Blok R, Apartment Danau Sutera, Jalan BBK 1/9, Bandar Baru Kundang, 48020 Kundang, Selangor
Astana Alam 2
No. Dewi 4-22, Astana Alam 2, Jalan Astana 13/3, Seksyen 13, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Baiduri
No. X-1-18, Blok X, Pangsapuri Baiduri, Persiaran Tasik Kesuma, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Pangsapuri Rosewood Court
No. R1-4-09, Pangsapuri Rosewood Court, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Lengkungan Kampung Nelayan
No. F-L3-08, Lengkungan Kampung Nelayan, Taman Seri Nelayan, Telok Gong, 42000 Pelabuhan Klang, Selangor
Taman Pinggiran Batu Caves
No. 4-3B, Jalan Pinggiran 1/1, Taman Pinggiran Batu Caves, 68100 Batu Caves, Selangor
Pangsapuri Sri Ayu
No. B3-4-16, Pangsapuri Sri Ayu, Lebuh Kebun Nenas 1/KS7, Bandar Putera, 41200 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.