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 Cempaka
No. A-5-07, Apartment Cempaka, Jalan Bunga Raya 1, Taman Bunga Raya, 48300 Rawang, Selangor
Taman Saujana Jati
No. 72-2-A, Jalan Bendahara 55, Taman Saujana Jati, 41000 Klang, Selangor
Rawang Integrated Industrial Park
No. A-4-5, Persiaran Pelangi, Taman Pelangi, Rawang Integrated Industrial Park, 48000 Rawang, Selangor
Pangsapuri Mutiara
No. A-2-03, Pangsapuri Mutiara, Taman Bukit Semenyih, 43500 Semenyih, Selangor
Apartment Seri Pulai
No. B4-11, Apartment Seri Pulai, Jalan Balakong Jaya 26, Taman Balakong Jaya, 43200 Balakong, Selangor
Lengkungan Kampung Nelayan
No. E-L3-03, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Pelabuhan Klang, Selangor
Rumah Pangsa Desa Baiduri
No. DB3-24, Block Delima B, Rumah Pangsa Desa Baiduri, Lorong Pangsa Baiduri 1, Cheras, 56000 Kuala Lumpur
Apartment A1
No. A1-5-7, Apartment A1, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500 Semenyih, Selangor
Apartment Seri Nelayan
No. C-L1-04, Block C, Apartment Seri Nelayan, Lengkungan Kampung Nelayan, Taman Seri Nelayan, Telok Gong, 42000 Pelabuhan Klang, Selangor
Pangsapuri Seri Nelayan
No .C-L2-09, Blok C, Pangsapuri Seri Nelayan, Lengkongan Kampung Nelayan, Taman Seri Nelayan, 42000 Kalng, Selangor
Lengkungan Kampung Nelayan
No. B-L1-12, Block B, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Klang, Selangor
3rd Floor
No. B3-6, Block B, 3rd Floor, Rumah Pangsa Sri Bukit Mewah, Taman Bukit Mewah, 43000 Kajang, Selangor
Pangsapuri Desa Sri Bayu
No. 2-12, Pangsapuri Desa Sri Bayu, Jalan Bayu 7, Desa Sri Bayu, 48000 Rawang, Selangor
Rumah Pangsa Gentam
No. 10, Blok F, Rumah Pangsa Gentam, 72000 Kuala Pilah, Negeri Sembilan
Lengkungan Kampung Nelayan
No. G-L1-18, Block G, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42200 Pelabuhan Klang, Selangor
PD Perdana Condo Resort
No. N910, Block N, PD Perdana Condo Resort, Batu 5 1/2, Jalan Pantai, 71000, Port Dickson, Negeri Sembilan
Lengkungan Kampung Nelayan
No. C-L5-03, Block C, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Klang, Selangor
Pinewood Court
No. 2-4-9, Pinewood Court, P/Lembah Hijau 8, Bandar Tasik Puteri, 48020 Rawang, Selangor
Lengkungan Kampung Nelayan
No. B-L4-20, Blok B, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Klang Selangor
Apartment Teratai
No. A-4-08, Block A, Apartment Teratai, Jalan Bunga Raya 3, Taman Bunga Raya, Bukit Beruntung, 48300 Rawang, Selangor
Rumah Pangsa Templer 2
No. 4, Blok C, Tingkat 1, Rumah Pangsa Templer 2, Jalan Tun Dr Ismail, 70200 Seremban, Negeri Sembilan
Tiara Beach Resort
No. G-1-20, Tiara Beach Resort, Batu 13, Jalan Pantai, Pasir Panjang, 71250, Port Dickson, Negeri Sembilan
Pangsapuri Las Palmas
No. A-4-22, Blok Palas, Pangsapuri Las Palmas, Bandar Country Homes, 48000, Rawang, Selangor
Rista Villa Apartment
No. 24-4-01, Rista Villa Apartment, Taman Putra Perdana, 47130 Puchong, 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.