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.
Villaria Condominium
No. DG-4, Villaria Condominium, Jalan Mulia 1/5, Taman Bukit Mulia, Bukit Antarabangsa, 68000 Ampang, Selangor
Kenwingston Square Garden
No. 03-11, Kenwingston Business Centre, Kenwingston Square Garden, Persiaran Bestari Cyber 9, 63000 Cyberjaya, Selangor
The Mark @ Cheras
No. B-17-03, The Mark @ Cheras, Jalan Cheras Hartamas, Taman Bukit Segar, 43200 Cheras, Selangor
Taman Desa Perangsang
No. F-09-10, Block F, Jalan PJS 3/56, Taman Desa Perangsang, 46150 Petaling Jaya, Selangor
Idaman Condominium
No. G-6, Idaman Condominium, Jalan Laksamana 10, Taman Desa Idaman, 41200 Klang, Selangor
Residensi Max Kolam Air
No. A-10-07, Residensi Max Kolam Air, No. 61, Jalan Kolam Air 6, Kasipillay, 51200 Kuala Lumpur
Laguna Biru
No. A-4-1, Jalan Tasik Biru 17, Laguna Biru, 48050 Rawang, Selangor
Parklane OUG Service Apartment
No. E3-16-7, Block E3, Parklane OUG Service Apartment, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Vista Millenium Condominium
No. C-02-09, Vista Millenium Condominium, Jalan DM 1, Taman Desa Millennia, Puchong, Selangor
Puncak Banyan
No. A-1-3, Blok A, Puncak Banyan, Jalan 3/118B, Taman Seri Cendekia, 56000 Kuala Lumpur
Pangsapuri Danau Mas
No. 4-7-807, Pangsapuri Danau Mas, Jalan Platinum 7/58, Seksyen 7, 40000 Shah Alam, Selangor
Intan Apartment
No. A-10-006, Block A, Intan Apartment, Jalan Intan 4, Taman Puchong Intan, 47150 Puchong, Selangor
Residensi Laguna Biru 2
No. A-05-06, Residensi Laguna Biru 2, Jalan Tasik Biru 2, Taman Tasik Biru, 48050 Rawang, Selangor
Pangsapuri Laguna Biru 2
No. F-15-10, Block F, Pangsapuri Laguna Biru 2, Jalan Tasik Biru 2, Taman Tasik Biru, Kundang, 48050 Rawang, Selangor
Rampai Court APT Blok F
No. 107-1, Rampai Court APT Blok F, Jalan 35/26, Taman Sri Rampai, 53300, Kuala Lumpur
Pangsapuri Akasia
No. I-5-12, Pangsapuri Akasia, Persiaran Kasuarina Bandar Botanic, 41200, Klang, Selangor
Endah Regal Condominium
No. A-6-5, Endah Regal Condominium, Blok A, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Menara Premium 2
No. P2-38-22, Menara Premium 2, Pusat Perniagaan & Residensi Mesa, Persiaran Ilmu, Putra Nilai, 71800 Nilai, Negeri Sembilan
Flora Damansara
No. E-17-21, Blok E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jade Tower
No. 14-E, Jade Tower, O.G. Heights Condominium, Jalan Awan Cina, 58200 Kuala Lumpur
Mentari Court
No. A-14-12, Block A, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Kita Sejati
No. KSA-14-16, Block A, Pangsapuri Kita Sejati, Persiaran Cybersouth Perdana, Cybersouth, 43800 Dengkil, Selangor
Residensi Rimbun
No. B-09-37, Residensi Rimbun, Jalan Zamrud Utama, Persiaran Kajang 2, 43000, Kajang, Selangor
Kuchai Brem Park
No. 02-01-10, Kuchai Brem Park, Block B, Jalan Selesa 2, Taman Gembira, 58200 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 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.