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.
Straits View Villas Condominium
No. A-12-5, Straits View Villas Condominium, PD World Marina International Resort, Batu 6, Jalan Pantai, 71050 Port Dickson, Negeri Sembilan
Rumah Pangsa Templer 2
No. 18, Blok CC, Tingkat 4, Rumah Pangsa Templer 2, Jalan Tun Dr Ismail, 70200 Seremban, Negeri Sembilan
PD Tiara Bay Apartment
No. D-5-31, Block D, PD Tiara Bay Apartment, Jalan Pantai, Batu 13, 71250 Port Dickson, Negeri Sembilan
Pangsapuri Sri Mentari
No. SM07-0104, Level 3, Block SM03, Pangsapuri Sri Mentari, Jalan UTL 7, Bandar Universiti Teknologi Lagenda, Mantin, Negeri Sembilan
Pulai Ria 8
No. PR08-G03, Pulai Ria 8, Bandar Universiti Teknologi Lagenda, 71700 Mantin, Negeri Sembilan
Flat Taman Andalas
No. M2-2-1, Flat Taman Andalas, 71700, Mantin, Negeri Sembilan
Teratai Apartment
No. G-2-3A (G-2-4), Teratai Apartment, Jalan Bunga Raya 3, Taman Bunga Raya, 48300 Rawang, Selangor
Pangsapuri Bukit Rawang Jaya 2
No. 504, Pangsapuri Bukit Rawang Jaya 2, Jalan B.R.J.D/3, Taman Bukit Rawang Jaya 2, 48000 Rawang, Selangor
Apartment Kemuning
No. A-3A-17, Block A, Jalan Bunga Raya 1, Apartment Kemuning, Taman Bunga Raya, 48300 Rawang, Selangor
Morib Gold Coast
No. A3-7-39 (No. 3755), Block A3, Morib Gold Coast, Morib, 42700 Banting, Selangor
Pangsapuri Rakyat
No. 3-15, Pangsapuri Rakyat, Jalan Kekwa 15, Taman Serendah Makmur, 48200 Serendah, Selangor
Taman Sentosa
No. 56B, Jalan Dato Dagang 31, Taman Sentosa, 41200 Klang, Selangor
Morib Gold Coast Morib
No. A3-1-63, Blok A3, Morib Gold Coast Morib, 42700 Banting, Selangor
Rumah Pangsa Seri Anggerik III
No. SAA-3-02, Block A, Rumah Pangsa Seri Anggerik III, Jalan Anggerik 5, Sek. BS 7, Bukit Sentosa 2, 48300 Rawang, selangor
Gold Coast Morib Resort
No. A3-1-63, Block A3, Gold Coast Morib Resort, Morib, 42700 Banting, Selangor Darul Ehsan
Apartment Kenanga
No. J-4-18, Apartment Kenanga, Persiaran Bunga Raya, Taman Bunga Raya, 48300 Rawang, Selangor
PD Tiara Bay Apartments
No. B-5-12A, Aras 6, Blok B, PD Tiara Bay Apartments, Batu 13, Jalan Pantai, 71250 Port Dickson, Negeri Sembilan
Apartment Seri Seroja
No. B4-6, Jalan Bukit Beruntung 7A, Apartment Seri Seroja, Bukit Beruntung, 48300 Rawang, Selangor
Pangsapuri Seri Bakawali
No. SBE-3-15, Jalan Bakawali 2, Pangsapuri Seri Bakawali, Bukit Sentosa, 48300 Rawang, Selangor
Dahlia Apartment
No. 05-13, Blok Melati, Dahlia Apartment, Jalan Desa 5/3, Bandar Country Homes, 48000, Rawang, Selangor
PD Tiara Bay Apartment
No. C-5-15, PD Tiara Bay Apartment, Batu 13, Jalan Pantai, Tiara Beach Resort, 71240 Port Dickson, Negeri Sembilan
Apartment Damairia
No. DR07-F302, Apartment Damairia, Bandar Universiti Teknologi Lagenda, Mantin, Negeri Sembilan
PD Tiara Bay Apartment
No. C-3-32, PD Tiara Bay Apartment (Tiara Bay Resort), Jalan Pantai, Batu 13, Pasir Panjang, 71250 Port Dickson, Negeri Sembilan
PD Tiara Bay Apartment
No. D-5-36, PD Tiara Bay Apartment (Tiara Beach Resort), Batu 13 Jalan Pantai, 71250 Pasir Panjang, 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.