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.
Anggun Residences
No. 18-07, Anggun Residences, No. 8, Jalan Medan Tuanku Utama, 50300 Kuala Lumpur
Residensi Tria Seputeh
No. A-09-03A, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur.
Kondominium Casa Green
No. A-17-03, Kondominium Casa Green , Jalan Casa Green, 43200 Cheras, Selangor
Kompleks Danau Kota
No. B-09-12, Kompleks Danau Kota, Taman Zeta @ Zetapark, 67, Jalan Taman lbu Kota, Setapak, 53300 Kuala Lumpur
Menara Verve Suite
No. B-05-02, Block B, Menara Verve Suite, Jalan Klang Lama, 58000 Kuala Lumpur
Alam Puri Condominium
No. 6-3A, Alam Puri Condominium, Jalan Kampung Batu, Batu 5, Off Jalan Ipoh, 51200, Kuala Lumpur
Park Apartment
No. E-21-02, Park Apartment, One South, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Residensi Hijauan
No. A1-14-10, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Green Acre Park Condominium
No. A3-5-7, Block A3, Green Acre Park Condominium, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Royal Domain Sri Putramas II
No. A1-3A-05, Block A1, Royal Domain Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200, Kuala Lumpur
Tower 2
No. 2-13-08, Tower 2, M City, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. B-18-1, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Westminster Park
No. D-11-1, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Menara Polo
No. H6-0-5, Menara Polo, Jalan 2/76E, Desa Pandan, 55100 Kuala Lumpur
Residence 8 Condominium
No. B-12-03A, Block B, Residence 8 Condominium, No. 8, Jalan Sri Jati 3, 58200 Kuala Lumpur
Pangsapuri Embun Bayu
No. B-9-11, Pangsapuri Embun Bayu, No. 1, Persiaran Kosmos, Subang Murni, Seksyen U5, Shah Alam, 40150 Shah Alam, Selangor
Residential Suites Sunsuria Forum
No. RS-41-03, Residential Suites Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Palm Spring @ Damansara
No. F-1812, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Residensi Bandar Razak
No. D1-45-11, 45th Floor, Block D1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Sri Camellia Apartment
No. P2-a-15-p3, Sri Camellia Apartment, Jalan Sepakat Indah 3, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Serin Residency
No. D-02-02, Serin Residency, Jalan Fauna 1, Cyber 9, 63000, Cyberjaya, Selangor
Residensi Minest
No. B-26-17, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur.
Residensi Tun Razak
No. A-29-12, Residensi Tun Razak, No.83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Razakcity Residences
No. D4-37-07, Razakcity Residences, Jalan Razak Mansion, Sungai Besi, 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 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.