5260 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.
20th Floor
No. 20-18, 20th Floor, Saville @ D'Lake Puchong, Jalan Saville, 47130 Puchong, Selangor
Pusat Komersial Seksyen 7
No. V2/19-B, Blok L, Jalan Plumbum V7/V, Pusat Komersial Seksyen 7, 40000 Shah Alam, Selangor
Sri Dahlia Apartment
No. P10-B-10-02, Sri Dahlia Apartment, Jalan Sepakat Indah 2/2, Taman Sepakat Indah II, Sungai Chua, 43000 Kajang, Selangor
Vistana Mahkota
No. 4-41, Vistana Mahkota, Jalan Pahlawan, Bandar Mahkota Cheras, 43200 Cheras, Selang
Residensi Emas
No. B-19-01, Blok B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
BSP 21
No. E-01-07, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Kuala Langat, Selangor
Pangsapuri Simfoni
No. S02-01-18, Jalan Eco Majestic 3A/5, Pangsapuri Simfoni, Eco Majestic, 43500 Semenyih, Selangor
Kasturi Apartment
No. 5-6-18, Kasturi Apartment, Jalan Tasik Permaisuri 3, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Sentul Murni Apartment
No. 209-3-10, Sentul Murni Apartment, Block 209, Jalan Dato Senu 26, Taman Sentul Utama, 51100 Kuala Lumpur
Pangsapuri Seri Jati
No. A-01-14, Block A, Pangsapuri Seri Jati, Jalan Wawasan 5/4, Pusat Bandar Puchong, 47160, Puchong, Selangor
Residensi PR1MA
No. A-20-8, Block B, Residensi PR1MA, Bandar Bukit Mahkota, Persiaran Mahkota 1, 43000 Kajang, Selangor
Taman Subang Perdana
No. 5-516, Block 5, Jalan Dinar U3/1, Taman Subang Perdana, Seksyen U3, 40150 Shah Alam, Selangor
Taman Sri Murni Fasa 2
No. 26-12-11, Block 26, Jalan 1/2D, Taman Sri Murni Fasa 2, Off Jalan Ipoh, 68100 Kuala Lumpur
Pandan Jaya
No. 43-3A, Jalan Pandan 3/10, Pandan Jaya, Kuala Lumpur
Pangsapuri Sri Langkawi 2
No. 33-03-17, Pangsapuri Sri Langkawi 2, Blok 33, Off Jalan Gombak, 53000, Kuala Lumpur
Setia Alam
No. P-35-02, Jalan Setia Murni U13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Tangerine Suites
No. 15-26, Tangerine Suites, Persiaran Sunsuria, 43900 Sepang, Selangor
Southville City
No. B-21-11, Cerrado, Jalan Southville 1, Southville City, 43800, Sepang, Selangor
Prestige Residence
No. A-14-21, Blok A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Mentari Court
No. D-14-7, Block D, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Seroja
No. 06-03-14 (6-3-14), Block Seroja 6, Pangsapuri Seroja, No. 2, Jalan Setia Murni U13/50, Section U13, 40170 Shah Alam, Selangor
Pangsapuri Selangorku Sena
No. 09-22, Pangsapuri Selangorku Sena, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Tower 2
No. 2-35-18, Tower 2, Bayu Residensi @ Seri Temenggung, Jalan Temenggung, 68100 Batu Caves, Selangor
Prestige Residence
No. A-17-18, Blok A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, 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 5260 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.