1270 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.
Residensi Riverville
No. A-23A-09, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, 58000 Kuala Lumpur
Z Residence
No. C-03-08, Block C, Z Residence, No. 5, Jalan Jalil Perwira 2, 58200 Bukit Jalil, Kuala Lumpur
Verando Residence
No. B-13A-3A, Block B, Verando Residence, Jalan PJS 5/27, PJS 5, 46000 Petaling Jaya, Selangor
Residensi Henge
No. E-21-01, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Residensi Curvo
No. A-32-05, Residensi Curvo, No. 1, Jalan Arena 2, Setapak, 53200 Kuala Lumpur
Residensi Havre
No. B-15-03A, Residensi Havre, No. 75, Lebuhraya Bukit Jalil, 57000 Bukit Jalil, Kuala Lumpur
Regalia Service Apartment Blok C
No. C-22-7A, Regalia Service Apartment Blok C, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Vue Residences
No. 08-06, Vue Residences, No. 102, Jalan Pahang, 53300 Kuala Lumpur
Residensi Trion 1
No. A-57-3A, 57th Floor, Block A, Trion @ KL, Residensi Trion 1, 55200 Sungai Besi, Kuala Lumpur
Renai Jelutong
No. A-13-12, Block A, Renai Jelutong, No. 1, Jalan Bazar U8/100, Bukit Jelutong, Section U8, 40150, Shah Alam, Selangor
Residensi Sembilan Cheras
No. A-07-10, Residensi Sembilan Cheras, Jalan Suria Residence, 43200, Cheras, Selangor
Residensi 121
No. A-22-01, Block A, Residensi 121, Lorong Masjid 1, PJU6A, 47400 Petaling Jaya, Selangor
Residensi Hijauan Rimba
No. B-41-15, Residensi Hijauan Rimba, No.1, Jalan PJU 8/8B, Sentral Damansara PJU 8, 47820 Petaling Jaya, Selangor
The Scott Garden Soho
No. B-06-36, Block B, The Scott Garden Soho, No. 289, Jalan Klang Lama, Kompleks Rimbun Scott Garden, 58000, Kuala Lumpur
591 Damansara SA
No. 05-12, 591 Damansara SA, No. 2, Jalan Perimbun 27/11, Seksyen 27, 40400 Shah Alam, Selangor
Residensi 99
No. B-43-07, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
South Tower
No. S-16-09, South Tower, Idaman Robertson, Jalan Robertson, 50150 Kuala Lumpu
Residensi Bayan Desa Petaling
Unit No. A-12-3A, Residensi Bayan Desa Petaling, No. 22A, Jalan 2/125, Desa Petaling, Kuala Lumpur
Residensi Riverville
No. A-21-11, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Sfera Residensi
No. B-40-03, Sfera Residensi, Jalan Atmosphere Utama 1, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Seri Emas Condominium
No. 77-21-1, Seri Emas Condominium, No. 77, Jalan Hang Isap, 50150 Kuala Lumpur
Kompleks Danau Kota
No. B-10-23, Kompleks Danau Kota, Taman Zeta @ Zetapark, 67, Jalan Taman Ibu Kota, Setapak, 53300, Kuala Lumpur, Kuala Lumpur
Renai Jelutong
No. B-10-2, Block B, Renai Jelutong, No. 1 Jalan Bazar U8/100, Bukit Jelutong Seksyen U8, 40150, Shah Alam, Selangor
D'Majestic Place
No. 18-13, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
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 1270 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.