1270 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.
Plaza KLTS
No. E-37-7, Plaza KLTS, No. 99, Jalan Gombak, Setapak, 53300 Kuala Lumpur
GCB Court
No. 332B-16D, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
D'Majestic Place
No. 17-13A, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
Verando Residence
No. B-27-15, Verando Residence, Jalan PJS 5/27, PJ Selatan Sentral, 46000 Petaling Jaya, Selangor
Kondominium Eco Santuari
No. A-08-3A, Kondominium Eco Santuari, Jalan Eco Santuari 3/1, Eco Santuari, 42500, Telok Panglima Garang, Selangor
Residensi Armani Raja Uda
No. 30-1, 30Th Floor, Residensi Armani Raja Uda, No. 3, Lorong Raja Uda 1, 50300 Kuala Lumpur
Residensi Tebing Selatan
No. A-36-08, Block A, Residensi Tebing Selatan (Soutbank Residence), Jalan Klang Lama, 58000 Kuala Lumpur
Residensi C
No. B3-27-02, 27th Floor, Residensi C, Tropicana Gardens, No. 2A, Persiaran Surian, Tropicana Indah, 47810 Petaling Jaya, Selangor
Kondominium Royalle
No. 20-02, Kondominium Royalle, Jalan 3/61, Bukit Segambut, 51200 Kuala Lumpur
Kondominium The Orion
No. 9-4, Kondominium The Orion, Jalan Tun Razak, 50400 Kuala Lumpur
Residensi Riverville
No. A-15-09, Block A, Residensi Riverville, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Pangsapuri Zefer
No. A-11-09, Pangsapuri Zefer (Zefer Hill Residence), Jalan Pipit 4, Bandar Puchong Jaya, 47170 Puchong, Selangor
Kondominium Eco Santuari
No. A-13-3A, Jalan Eco Santuari 3/1, Kondominium Eco Santuari, 42500, Telok Panglima Garang, Selangor
Pangsapuri Akasa
No. B-29-1, Tingkat 29, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300, Seri Kembangan, Selangor
Residensi Pv9
No. A-10-06, Residensi Pv9, No. 19, Jalan Melati Utama, Taman Melati, Setapak 53200 Kuala Lumpur
Residensi Chambers
No. 30-3, Residensi Chambers (juga Residensi Kamar Putra), Jalan Ipoh Kecil, 50350 Kuala Lumpur
Gembira Residen Cond- Block A
No. A-11-6, Gembira Residen Cond- Block A, Jalan Senangria, Taman Gembira, 58200 Kuala Lumpur
Residensi Riverville
No. B-25-06, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Skypod Residences
No. 23A-16 (24-16), Skypod Residences, Persiaran Puchong Jaya Selatan, Bandar Puchong Jaya, 47100 Puchong, Selangor
Residensi Unio
No. B-13-05, 13Th Floor, Block B, Residensi Unio, No. 200, Jalan Kepong, Kepong, 52000 Kuala Lumpur
Platinum Lake Condominium
No. B-5-3 Block B Pv12, Platinum Lake Condominium, No 6 Jalan Langkawi, Taman Danau Kota, 53300, Kuala Lumpur
Sri Ayu Apartment Taman Setiawangsa
No. 60-0-03, Jalan 14/55A, Sri Ayu Apartment Taman Setiawangsa, 54200 Kuala Lumpur
Residensi Riverville
No. A-17-10, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
D'Sands Residence
No. B1-09-1, Block 1, D'Sands Residence (Residensi Pasir Emas), Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 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 1270 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.