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.
Youth City
No. B-21-10, Block B, Youth City, Bandar Belia Bandar Wawasan, 71800 Nilai, Negeri Sembilan
8th Floor
No. 08-01, 8th Floor, Puncak 7 Residences, Jalan Ferum 7/31A, 40000 Shah Alam, Selangor
Greenview Residence
No. A-1-8, Blok A, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Pangsapuri Sri Cempaka
No. B003, Block B, Pangsapuri Sri Cempaka, 47170, Puchong, Selangor
Parklane OUG Service Apartment
No. C2-19-3, Block C2, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Desa Aman Puri
No. B-15-8, Block Baris @ Amanja, Jalan Desa 2/2, Desa Aman Puri, 52100 Kepong, Kuala Lumpur
Masreca 19
No. B-03-13A, Block B, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Residensi Bandar Bukit Mahkota
No. C-16-6, Persiaran Mahkota 1, Residensi Bandar Bukit Mahkota, 43000 Kajang, Selangor
Parklane OUG Service Apartment
No. A2-26-9, 26th Floor, Blok A2, Parklane OUG Service Apartment, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Pangsapuri Akasia Residensi
No. 18-13, Pangsapuri Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
I-City
No. F-25-05, Becentral, Blok F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Simfoni Heights
No. E-25-18, Simfoni Heights, Jalan Medan Batu Caves, 68100, Batu Caves, Selangor
Taman Unipark Suria
No. C-16-13, Block C, De Centrum Residences, Jalan Ikram-Uniten, Taman Unipark Suria, 43000 Kajang, Selangor
Lakefront Homes Cyberjaya
No. T3-11-02, Lakefront Homes Cyberjaya, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
DK Impian
No. A-06-13, DK Impian, No. 3, Jalan Uranus U5/125A, Subang Pelangi, Seksyen U5, Selangor
Pangsapuri Harmoni Elmina 1
No. A-11-04, Level 11, Block A, Pangsapuri Harmoni Elmina 1, Jalan Casuarina U17/56, Elmina West, Seksyen U17, 40170 Shah Alam, Selangor
Residensi Awani 3
No. C-39-07, Block C, Residensi Awani 3 (sky Awani III Residence), No. 2, Jalan Santuari 2, 53200, Setapak, Kuala Lumpur
Kondo Sri Manja Court
No. E-8-3, Kondo Sri Manja Court, Jalan PJS 3/40, Taman Sri Manja, 46000, Petaling Jaya, Selangor
Perdana Putri Apartment
No. I-7-2, Perdana Putri Apartment, Jalan Putri, Desa Aman Puri, 52100, Kuala Lumpur, Kuala Lumpur
Pangsapuri Melodi Perdana
No. MPD-06-13, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
Pangsapuri Casa Suria
No. 2-5-04, 5th Floor, Block 2, Pangsapuri Casa Suria (Kondominium Casa Suria), Jalan Kemacahaya 11, Taman Kemacahaya, Batu 9, 43200 Cheras, Selangor
BSP 21
No. E-G-05, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Surian Tropika Apartment
No. 7-18, Surian Tropika Apartment, Taman Bukit Suria, 43200 Cheras, Selangor
Pangsapuri Villa Pavillion
No. B-05-03A, Pangsapuri Villa Pavillion, Jalan Taman Bukit Serdang, Seksyen 13, 43300 Seri Kembangan, 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.