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.
Casa Damansara 2
No. A-206, Casa Damansara 2, No. 219, Jalan SS 2/72, 47300 Petaling Jaya, Selangor
Residensi Piksel Permaisuri
No. 15-10, Residensi Piksel Permaisuri, No. 10, Jalan Sri Permaisuri 10, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Residensi Bandar Razak
No. D4-42-3A, Block D4, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Pano
No. B-09-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Casa Vista Condominium
No. 17A-4-1, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Casa Vista Condominium
No. 17A-4-2, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Maisson Residence
No. B3-09-06, Blok B3, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301, Petaling Jaya, Selangor
Tower A
No. A-21-8, 21, Tower A, Amerin Residence, Jalan Impian Indah, Taman Impian Indah, 43300, Seri Kembangan, Selangor
Menara Verve Suites
No. A-11-08, Menara Verve Suites, Jalan Klang Lama, 58000 Wilayah Persekutuan Kuala Lumpur.
Gardenview Residence
No. A-8-8, Block A, Gardenview Residence, Persiaran Ceria, Cyber 12, 63000 Cyberjaya, Selangor
Menara Eclipse 1
No. ET1-22-01, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Skylake Residence
No. B-19-1, Skylake Residence, Jalan Putra Perdana 5A, Taman Putra Perdana, 47130 Puchong, Selangor
Residensi Kamar Putra
No. 29-11, Residensi Kamar Putra (Chambers Residence), No.2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Verve Suites KL South
No. A-13A-8, Verve Suites KL South, No. 355, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Riverville
No. A-26-08, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000, Kuala Lumpur
PV 2 (On-Site Is Block A
No. A-9-2, PV 2 (On-Site Is Block A, PV 2 Platinum Hill), Jalan Taman Melati 1, Taman Melati Utama, 53100 Kuala Lumpur
Tower E
No. E-15-3A, Tower E, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Villa Wangsamas Condominium
No. D-15-3A, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Mizumi
No. E-09-05, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Bandar Razak
No. D4-32-3A, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Hijauan
No. A1-14-03A, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A2-14-09, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A1-17-08, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Pangsapuri Nadayu 801
No. B-15-08, Block B, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Taman Subang Murni, 40150 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 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.