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.
Lengkungan Kampung Nelayan
No. B-L3-07, Block B, Lengkungan Kampung Nelayan, Taman Sri Nelayan, 42000 Pelabuhan Klang, Selangor
Lengkungan Kampung Nelayan
No. E-L3-10, Block E, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Klang, Selangor
Lengkungan Kampung Nelayan
No. B-L3-15, Block B, Lengkungan Kampung Nelayan, Taman Sri Nelayan, 42000 Pelabuhan Klang, Selangor
Kenari Court
No. M09-4-05, Jalan AP 2E/1, Kenari Court, Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Rumah Pangsa Taman Semarak 2
No. 13-4-07, Blok 13, Rumah Pangsa Taman Semarak 2, 71800 Nilai, Negeri Sembilan
Rumah Pangsa
No. 10-4-4, Blok 10, Rumah Pangsa, Taman Semarak 2, 71800, Nilai, Negeri Sembilan
Rumah Pangsa Gentam
No. 19, Blok A, Rumah Pangsa Gentam, 72000 Kuala Pilah, Negeri Sembilan
Rumah Pangsa Gentam
No. 17, Blok E, Rumah Pangsa Gentam, 72000 Kuala Pilah, Negeri Sembilan
Lilywood Court
No. L1-4-06, Lilywood Court, Pinggiran Lembah Hijau 6, Bandar Tasik Puteri, 48020 Rawang, Selangor
Bandar Tasik Puteri
No. 17-1A, Jalan Hijau 5/2, Bandar Tasik Puteri, 48200 Rawang, Selangor
Nilai Perdana Shop Apartments
No. SA1-6-1F, Block SA1, Nilai Perdana Shop Apartments, Taman Nilai Perdana, 71800 Nilai, Negeri Sembilan
Flat Wangsa Delima Rumah Pangsa Lobak
No. N-1-3, Flat Wangsa Delima Rumah Pangsa Lobak, Jalan Tan Sri Manickavasagam, 70200 Seremban, Negeri Sembilan
PD Tiara Bay Apartments
No. A-30-20, Block A, PD Tiara Bay Apartments, Batu 13, Jalan Pantai, Port Dickson, 71250, Negeri Sembilan
Rumah Pangsa Templer 2
No. 7, Blok A, Tingkat 1, Rumah Pangsa Templer 2, Jalan Tun Dr Ismail, 70200 Seremban, Negeri Sembilan
Lengkungan Kampung Nelayan
No. B-L5-06, Block B, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000, Klang, Selangor
Lengkungan Kampung Nelayan
No. B-L5-16, Block B, Lengkungan Kampung Nelayan, Taman Sri Nelayan, 42000 Pelabuhan Klang, Selangor
Taman Kajang Utama
No. A404, Block A, Jalan Section 1/1, Taman Kajang Utama, 43000 Kajang, Selangor
Pangsapuri Dahlia
No. A4-5, Pangsapuri Dahlia, Blok A, Jalan Putra, Taman Putra Kajang, 43000 Kajang, Selangor
PD Tiara Bay Apartments
No. D-4-2A, PD Tiara Bay Apartments, Batu 13, Jalan Pantai Pasir Panjang, 71250 Port Dickson, Negeri Sembilan
Ocean View Resort
No. C1-3-3, Ocean View Resort, Batu 9, Jalan Pantai, Teluk Kemang, 71050 Port Dickson, Negeri Sembilan
Lengkungan Kampung Nelayan
No. E-L4-08, Block E, Lengkungan Kampung Nelayan, Taman Seri Nelayan, 42000 Klang, Selangor
Tiara Beach Resort
No. F-4-21, Block F, Tiara Beach Resort, Batu 13, Jalan Pasir Panjang, 71250 Port Dickson, Negeri Sembilan
Bandar Tasik Puteri
No. 27-3-B, Jalan Hijau 5/3, Bandar Tasik Puteri, 48020 Rawang, Selangor
Pd Tiara Bay Apartment
No. A-3-20, 3rd Floor, Block A, Pd Tiara Bay Apartment, 71250, Port Dickson, Negeri Sembilan
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.