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.
Apartment Indah
No. A-401, Block A, Apartment Indah, No. 2, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Gugusan Semarak
No. 13-2-08, Gugusan Semarak, Jalan Camar 4/6, PJU 5, Seksyen 4, Kota Damansara, 47810 Petaling Jaya, Selangor
Serdang Skyvillas
No. 7-5, Block B (Block Kesidang), Serdang Skyvillas, Jalan SP 5/5, Taman Serdang Perdana, Seksyen 5, 43300 Seri Kembangan, Selangor
Batai Apartment
No. A-12-08, Batai Apartment, Jalan SH 1/2, Selayang Heights, 68100 Batu Caves, Selangor
Pangsapuri Villamas
No. C-1-7, Pangsapuri Villamas, Jalan Muhibbah KU3, Sungai Pinang, 42100 Klang, Selangor
Laguna Biru
No. E-2-1, Jalan Tasik Biru 17, Laguna Biru, Taman Tasik Biru, 48050 Rawang, Selangor
Pangsapuri Villamas
No. A-2-17, Blok A, Pangsapuri Villamas, Jalan Muhibbah/KU3, Sungai Pinang, 42100 Klang, Selangor
Pangsapuri Subang Hijauan
No. 9-05-16, Pangsapuri Subang Hijauan, Jalan Bintang U5/33, Section U5, 40150 Shah Alam, Selangor
Flat PKNS
No. 506, Block 7, Flat PKNS, Jalan 4M, Ampang Jaya, 68000 Ampang, Selangor
PJ Centrestage
No. B-13A-30 (B-14-30), Block B, PJ Centrestage, No. 1, Jalan 13/1, Seksyen 13, 46200 Petaling Jaya , Selangor
Permai Apartment
No. A-1-04, Block A, Permai Apartment, Taman Permai Impian, 70200 Seremban, Negeri Sembilan
Garden Avenue
No. Dahlia M, 27-2-12, Garden Avenue, Jalan S2 G5, Seremban 2, 70300 Seremban, Negeri Sembilan
Taman Langat Utama
No. 11 (G-2-11), Tingkat 2, Blok G, (Jalan Pramugara), Taman Langat Utama, Bukit Changgang, 42700 Banting, Selangor
Arowana Apartment
No. B-3-04, Arowana Apartment, Taman Arowana Impian, 70300 Seremban, Negeri Sembilan
Pangsapuri Jati
No. SA-M1-07, Anjung 'B', Jalan KP 1/6, Pangsapuri Jati, Kota Perdana, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Pangsapuri Anggerik. Taman Suria
No. A-06-02, Pangsapuri Anggerik. Taman Suria, Pekan Serdang Lama, 43300 Seri Kembangan, Selangor
Taman Putra Perdana
No. 1-46B, Jalan Putra Perdana 5F, Taman Putra Perdana, 47130 Puchong, Selangor
Apartment Zapin C2
No. C2-404, Apartment Zapin C2, Taman Impian Ehsan, 43300 Seri Kembangan, Selangor
Sri Bayu Apartment
No. 19-1A, Sri Bayu Apartment, Jalan KSU 1, Taman Kuala Selangor Utama, 45000 Kuala Selangor, Selangor
Bandar Baru Kundang
No. Q-L5-03 Apartment Danau Sutera, Jalan BBK 1/9, Bandar Baru Kundang, 48020 Rawang, Selangor
Pangsapuri Pulai Ria Bandar
No. PR21-F303A, Block PR-21, Pangsapuri Pulai Ria Bandar, Universiti Teknologi Lagenda, 71700 Mantin, Negeri Sembilan
Rumah Pangsa 5 TKT
No. E4-15, Blok E, Rumah Pangsa 5 TKT, Lorong Sentosa 2, Taman Sentosa, 43000 Kajang, Selangor
Pangsapuri Danau Sutera
No. S-L6-07, Pangsapuri Danau Sutera, Bandar Baru Kundang, 48050 Rawang, Selangor
Pangsapuri Sandalwood
No. S3-2-07, Block S3, Pangsapuri Sandalwood, Pinggiran Lembah Hijau 8, Bandar Tasik Puteri, 48020 Rawang, 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 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.