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 Seri Mawar
No. D-2-05, Pangsapuri Seri Mawar, Jalan Anggerik 3, Bukit Sentosa, 48300 Rawang, Selangor
Pangsapuri Danau Sutera
No. Q-L7-04, Pangsapuri Danau Sutera, Jalan BBK 1/9, Bandar Baru Kundang, 48050 Rawang, Selangor
Taman Mulia Jaya
No. 13-3F, Tingkat 3, Jalan Mulia 4/1, Taman Mulia Jaya, 68000 Ampang, Selangor
Taman Bukit Rawang Putra
No. B3-5-5, Jalan Bukit Rawang Putra/15, Blok 3, Taman Bukit Rawang Putra, 48000 Rawang, Selangor
Taman Rawang Perdana
No. B-4-12, Blok B, Jalan RP, Taman Rawang Perdana, 48000 Rawang, Selangor
Pangsapuri Seri Suria
No. A5-15, Block A, Pangsapuri Seri Suria, Jalan Sunway 3A, Bandar Sunway Semenyih, 43500 Semenyih, Selangor
Lengkungan Taman Sri Nelayan
No. B-L4-02, Lengkungan Taman Sri Nelayan, 42000 Pelabuhan Klang, Selangor
Pangsapuri Ria
No. B-04-10, Block B, Pangsapuri Ria, Jalan Semenyih Indah 2, Taman Semenyih Indah, 43500 Semenyih, Selangor
Apartment Kenanga
No. K-5-36, Apartment Kenanga, Persiaran Bunga Raya, Taman Bunga Raya, 48300 Rawang, Selangor
Everett Tower
No. 15B-29-4, Everett Tower (15B), Mont' Kiara Pines, Jalan Kiara, 50480 Mont Kiara, Kuala Lumpur
Armanee Terrace Condominium
No. B-2-B09, Level 2, Block B, Wing B, Armanee Terrace Condominium, No. 8, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Residensi Sembilan Cheras
No. C2-02-01, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Royalle Condominium
No. 09-06, Royalle Condominium, No. 28, Jalan 3/61 Segambut, 51200 Kuala Lumpur
Residensi Kamar Putra
No. 28-11, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Hijauan
No. A1-03-10, Residensi Hijauan (The Greens), Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Plaza KLTS
No. C-13-08, Plaza KLTS, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Riverville
No. A-05-3A, 5th Floor, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Becentral Icity
No. F-26-06, Block F, Becentral Icity, Seksyen , 4000 Shah Alam, Selangor
Parklane OUG Service Apartment Block C1
No. C1-7-10, Parklane OUG Service Apartment Block C1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
The Scott Garden Soho
No. B-16-25, 16th Floor, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Kelang Lama, 58000, Kuala Lumpur
Becentral Icity
No. F-27-07, Block F, Becentral Icity, Seksyen , 4000 Shah Alam, Selangor
Robson Condominium
No. 10-09-3A, Robson Condominium, Blok A, Persiaran Syed Putra 2, 50460 Kuala Lumpur
Forest Green Apartment
No. B4-10-8, Forest Green Apartment, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
I-City
No. F-19-08, Blok F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, 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.