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.
3rd Floor
No. RP1-1-70, 3rd Floor, Block RP 1, Taman Lembah Maju, Jalan Maju Utama, 56100 Kuala Lumpur
Desa Satu Apartment
No. DS7-10-W, Block 7, Desa Satu Apartment, Off Lorong D1/5, Desa Aman Puri, 52100, Kepong, Selangor
Taman Pusat Kepong
No. 30-3, Jalan 5/40, Taman Pusat Kepong, 51200 Kuala Lumpur
Jalan Nuri 7/1A
No. 502, Block 5 (Lily), Jalan Nuri 7/1A, PJU 5, 47810 Petaling Jaya, Selangor
Gold Coast Morib Resort
No. C1-3-11, Block C1, Gold Coast Morib Resort, Morib, 42700 Banting, Selangor
Tower A
No. A-21-8, 21, Tower A, Amerin Residence, Jalan Impian Indah, Taman Impian Indah, 43300, Seri Kembangan, Selangor
Green Residence
No. B-27-5, Block B, Green Residence, Jalan Sayang 1, 43200, Cheras, Selangor
Pangsapuri East Lake
No. E-8-8, Blok E, Pangsapuri East Lake, Persiaran Serdang Perdana, Taman Serdang Perdana, Seksyen 3, 43300 Seri Kembangan, Selangor
Aman Dua Apartment
No. AD1-12-l, Aman Dua Apartment, Desa Aman Puri, 52100, Kuala Lumpur
Pangsapuri Vista Millenium
No. Blok Bougainvilla 03A-01, Pangsapuri Vista Millenium, Jalan Dm 1, 47150, Puchong, Selangor
Pangsapuri Flora III
No. 1-2-08, Block 1, Pangsapuri Flora III, Jalan Asteroid U5/30, Seksyen U5, 40150 Shah Alam, Selangor
Taman Pendamar Indah 2
No. A-4-2, Block A, Lebuh Damar Merah, Taman Pendamar Indah 2, 42000, Pelabuhan Klang, Selangor
Pelangi Damansara
No. A-10-2, Blok A, Pelangi Damansara, PJU 6, Persiaran Surian, 46200, Petaling Jaya, Selangor
Pangsapuri Seri Era
No. 19-08, Block 4, Pangsapuri Seri Era, Jalan Nagasari 36/2, Seksyen 36, 40470, Shah Alam, Selangor
Emporis
No. B-30-03A, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810, Petaling Jaya, Selangor
Sri Camellia Apartment
No. P2-a-15-p3, Sri Camellia Apartment, Jalan Sepakat Indah 3, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Residensi Sembilan Cheras
No. A-01-07, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200, Cheras, Selangor
Residensi Equine
No. B-24-10, Residensi Equine, Jalan Equine, Taman Equine, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Subang Perdana Court 10
No. AM-02-08, Subang Perdana Court 10, Persiaran Mulia, Jalan Usj 15, 47630, Subang Jaya, Selangor
Juta Mines Kondominium
No. B-15-3A, Block B, Juta Mines Kondominium, Jalan Tanmin Permai 1, Balakong, 43300 Seri Kembangan, Selangor
Skylake Residence
No. B-27-12, Block B, Skylake Residence, Jalan Putra Perdana 5a, Taman Putra Perdana, 47130, Puchong, Selangor
Pangsapuri Sri Penara
No. B-08-07, Blok B, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Aman Condominium
No. 105, 1st Floor, Aman Condominium, Jalan PJS 10/11, Taman Sri Subang, 46000 Petaling Jaya, Selangor
Rumah Pangsa
No. D-2-10, Rumah Pangsa, Bandar Bukit Puchong, Jalan Bp 1/2, 47120, Puchong, 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.