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.
Pangsapuri Suria Rafflesia
No. A-02-12, Pangsapuri Suria Rafflesia, Jalan Setia Perdana U13/28, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Pudu Impian 1
No. 109-7-11, Pudu Impian 1, No. 109, Jalan Pudu Ulu, Cheras, 56100 Kuala Lumpur
Prestige Residence
No. A-7-10, Block A, Prestige Residence, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
Pusat Bandar Puchong
No. 4-1B, 2, Jalan Bandar Dua (2), Pusat Bandar Puchong, 47160, Puchong, Selangor
Residensi Emas
No. B-38-14, Blok B, Residensi Emas, Jalan Zamrud 2, 43000 Kajang, Selangor
Cyberia Crescent 1
No. A-3A-13, Block A, Cyberia Crescent 1, Persiaran Fauna, 63000 Cyberjaya, Selangor
Rumah Pangsa Sri Saujana
No. H-2-11, Jalan SP 4/2, Rumah Pangsa Sri Saujana, 42610 Bandar Saujana Putra, Selangor
Bandar Bukit Tinggi
No. G-02-16, Block G, Jalan Batu Nilam 15, Bandar Bukit Tinggi, 41200 Klang, Selangor
Pangsapuri Goodview Heights 2
No. B4-3-1, Pangsapuri Goodview Heights 2, Jalan Goodview 1, Goodview Heights, 43000 Kajang, Selangor
Pangsapuri Servis Springvilla
No. A-10-20, Pangsapuri Servis Springvilla, Jalan UP 1/1A, Taman Ukay Perdana, Ampang, 68000 Selangor
Bayu Temiang
No. C-8-10, Blok Camelia, Bayu Temiang, Jalan Bayu, 70200 Seremban, Negeri Sembilan
Pangsapuri Putra Impian
No. B-4-23, Blok B,, 5, Pangsapuri Putra Impian, Jalan PP 39,, Taman Pinggiran Putra, Seksyen 2, 43300, Seri Kembangan, Selangor
Residensi Meriah
No. B-21-10, Block B, Residensi Meriah (On Site Mirai Residence @ Kajang 2), Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Desa Mentari
No. B7-G-14, Blok 7, Jalan PJS 5/2A, Desa Mentari, 46150 Petaling Jaya, Selangor
Pangsapuri Sri Meranti
No. R6-5-504, Pangsapuri Sri Meranti, No 2, Persiaran Meranti, Bandar Sri Damansara, Petaling Jaya, Selangor
Pangsapuri Angsana
No. E-08-02, Blok E, Pangsapuri Angsana, Persiaran Mewah, USJ 1, 47620 Subang Jaya, Selangor
Pangsapuri Subang Hijauan
No. 11-05-11, Blok 11, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Seksyen U5, 40150 Shah Alam, Selangor
Taman Puchong Permai
No. F7-7-60, Jalan Permai 2/8, Taman Puchong Permai, Batu 13, 47150 Puchong, Selangor
Taman Pendamar Indah 2
No. H-4-15 (Developer's Parcel No. H-7-4F), Lebuh Damar Merah, Taman Pendamar Indah 2, 42000 Pelabuhan Klang, Selangor
Desa Lembah Permai
No. B4-1-08, Block 4, Jalan Permai 3, Desa Lembah Permai, 68000 Ampang, Selangor
Residensi Emas
No. B-24-05, Block B, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Sri Ros Apartment
No. P8-C-03-10, Block C, Sri Ros Apartment, Jalan Sepakat Indah 6, Taman Sepakat Indah, 43000 Kajang, Selangor
Vista Apartment
No. K-121 (Developer's Parcel No. 21), Vista Apartment, Jalan PJU 10/3, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Desa Seri Puteri
No. F-5-2, Block F, Desa Seri Puteri, Jalan 2/125G, Desa Petaling, 57100 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 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.