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.
Residensi 28
No. 32-5, Residensi 28, No. 33, Jalan Kasipillay, Off Jalan Ipoh, 51200 Kuala Lumpur
38 Bidara Service Apartment
No. 17-13/A3, 38 Bidara Service Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Park Villla Condominium
No. B-16-3, Park Villla Condominium, Jalan Pipit, Bandar Puchong Jaya, 47170 Puchong, Selangor
Saville D'Lake
No. 13-17, Saville D'Lake, Jalan Saville, 47130 Puchong, Selangor
Desa Villa Condominium
No. 24-5-2, Block Begonia, Desa Villa Condominium, Jalan Bukit Desa 3, Taman Bukit Desa, 58100 Kuala Lumpur
Kondominium Lavista
No. C-13-01, Kondominium Lavista, Jalan Tempua 6, Bandar Puchong Jaya, 47100, Puchong, Selangor
Dataran Millenium PJ
No. B-12B-07, Dataran Millenium PJ, Jalan 14/1, 46100, Petaling Jaya, Selangor
BSP 21
No. H-10-18, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Villa Wangsamas Kondominium
No. E-16-8, Blok E, Villa Wangsamas Kondominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Casa Villa Condominium
No. B-ph-11, Casa Villa Condominium, Jalan Berjaya Baru, Taman Berjaya Baru, 43000, Kajang, Selangor
Menara A
No. A-17-1, Menara A, Pangsapuri Perkhidmatan Residensi KLIA, Jalan Pusat Niaga KLIA 6, 71800 Nilai, Negeri Sembilan
PV18 Residences
No. B-41-15, Block B, PV18 Residences, No. 52, Jalan Langkawi, Setapak, 53100 Kuala Lumpur
Residensi Minest
No. B-16-11, Residensi Minest, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Residensi Riana Dutamas 1
No. A-35-15, Residensi Riana Dutamas 1, No. 346, Jalan Segambut, Segambut, 51200 Kuala Lumpur
Villa Wangsamas Condo
No. J-18-7, Tingkat 18, Villa Wangsamas Condo, Blok J, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pano
No. A-08-09, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
288 Residensi
No. 18-06, 288 Residensi, No.6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 Kuala Lumpur
Sri Putramas Condominium
No. A-12-2, Blok A (Green Park), Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
28 Bouleverd
No. B-43-01, 28 Bouleverd, Jalan Perdana 3/10, Pandan Perdana, 55300 Kuala Lumpur
Sri Putramas II
No. A1-12-06, Block A1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Kamar Putra
No. 13A-08, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Pangsapuri Casa Subang Jalan Subang 1
No. A-13-07, Pangsapuri Casa Subang Jalan Subang 1, Usj 1 47600 Subang Jaya, Selangor
Kampung Idaman
No. 36, Jalan Idaman 10, Kampung Idaman, 42000 Pelabuhan Klang, Selangor
ISOHO I-CITY
No. A1-25-02, ISOHO I-CITY, Persiaran Multimedia, 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 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.