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 Serdang Perdana
No. A-2-22B, Block A, Jalan SP 5/2, Taman Serdang Perdana, 43300 Seri Kembangan, Selangor
Rumah Pangsa Bukit Mewah
No. E4-04, Tingkat 4 Blok E, Rumah Pangsa Bukit Mewah, Taman Bukit Mewah, 43000, Kajang, Selangor
Rumah Pangsa
No. 3-11, Block 10, Rumah Pangsa, Taman Semarak II, 71800, Nilai, Negeri Sembilan
Rumah Pangsa Taman Semarak II
No. 4-8, Block 7, Rumah Pangsa Taman Semarak II, 71800, Nilai, Negeri Sembilan
Taman Pinggiran Delima Rumah Pangsa
No. MC-A316, Blok A, Jalan Pinggiran Delima, Taman Pinggiran Delima Rumah Pangsa, 43100 Hulu Langat, Selangor
Pangsapuri Angsana
No. B-4-9, Blok B, Pangsapuri Angsana, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Harmoni Apartment
No. J-421, 4th Floor, Block J, Harmoni Apartment, No. 55, Jalan PJU 10/4C, Damansara Damai, 47830 Petaling Jaya, Selangor
Pangsapuri Senja Fasa 7
No. G4-16, 4, Blok G, Pangsapuri Senja Fasa 7, Jalan Bukit Mewah 70, Taman Bukit Mewah, 43000 Kajang, Selangor
Pangsapuri Rebana
No. G-5-16, Block G, Pangsapuri Rebana, Jalan Gamelan, Bandar Bukit Raja, 41050, Klang, Selangor
Apartment Wawasan
No. PA-04-03, Block A, Apartment Wawasan, Jalan Wawasan 5/3, Pusat Bandar Puchong, 47160, Puchong, Selangor
Jalan Medan Batu Caves 2
No. 16-3B, 3, Jalan Medan Batu Caves 2, 68100 Batu Caves, Selangor
Pangsapuri Seri Pulai
No. A3-10, Block A, Pangsapuri Seri Pulai, Jalan Balakong Jaya 26, Taman Balakong Jaya, 43200 Balakong, Selangor
Rumah Pangsa Sri Indah
No. 31-05-06, Blok 31, Rumah Pangsa Sri Indah, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pangsapuri Kelisa Ria
No. C-419, Block C, Jalan Kelisa 1, Pangsapuri Kelisa Ria, 43000 Kajang, Selangor
Rosana Villa Apartment
No. 07-4-6, Rosana Villa Apartment, Taman Putra Perdana, 47130 Puchong, Selangor
Apartment Harmoni
No. F-306, Blok F, Apartment Harmoni, No. 55, Jalan PJU 10/4C, Damanasara Damai, 47830 Petaling Jaya, Selangor
Taman Equine
No. D2-4-3, Tingkat 4, Blok D2, Jalan Putra Permai 3, Taman Equine, 43300, Seri Kembangan, Selangor
Desa Idaman II
No. 56D, Jalan Dato Dagang 24, Desa Idaman II, 41200, Klang, Selangor
Pangsapuri Pelangi
No. A3A-8, Block A, Jalan Emas 1, Pangsapuri Pelangi, Taman Emas, 43800 Dengkil, Selangor
Apartment Dahlia
No. D3-11, Apartment Dahlia, Jalan Melor, Seksyen BB3, Bandar Bukit Beruntung, 48300 Rawang, Selangor
Bandar Armada Putra Pulau Indah
No. D-4-10, Jalan Sungai Chandong 9, Bandar Armada Putra Pulau Indah, 42920, Pelabuhan Klang, Selangor
Taman Nilai 3
No. M2-3.15, Tingkat 3, Blok M2, Jalan Mekanikal 2, Taman Nilai 3, 71800, Nilai, Negeri Sembilan
Port Dickson
No. M608, Block M PD Perdana Condo Resort, Batu 5 1/2 Jalan Pantai, 71000, Port Dickson, Negeri Sembilan
Pangsapuri Utarid Subang
No. 10-6-14, Tingkat 6, Blok 10, Pangsapuri Utarid Subang, No.1, Jalan Utarid U5/2, Seksyen U5, 40150, Shah Alam, 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.