5357 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.
Pangsapuri Seri Jati
No. 06-06-09, Block Seri Jati 6, Pangsapuri Seri Jati, No. 2, Jalan Setia Gemilang U13/45C, Setia Alam, Section U13, 40170 Shah Alam, Selangor
Residensi M Arisa Pelangi
No. B-16-01, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Casa Embun
No. B-19-05, Block B, Casa Embun, Jalan CE 1, Cybersouth, 43800 Dengkil, Selangor
Kenanga Apartment
No. 6C-07-06, Blok C, Kenanga Apartment, Jalan Wawasan 2/3, Pusat Bandar Puchong, 47100, Puchong, Selangor
Pangsapuri Alam Prima
No. A-07-06, Block A, Pangsapuri Alam Prima, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Kiara Plaza
No. A-23A-15, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Desaminium Rimba
No. 1-7-4, Block Merbau, Desaminium Rimba, Taman Desaminium, Lestari Perdana, 43300 Seri Kembangan, Selangor
Acacia Residences
No. AR-11-09, Acacia Residences, Salak Perdana, 43900 Sepang, Selangor
Residensi Bandar Razak
No. D2-43-06, Residensi Bandar Razak (Razak City Residences) No. 1, Jalan Razak Mansion Sungai Besi, 57100 Kuala Lumpur
Apartment Sri Lavender
No. P11-C-03A-06, 03Ath Floor, Block C, Apartment Sri Lavender, Jalan Sepakat Indah 2/2, Taman Sepakat Indah 2, 43000 Kajang, Selangor
9th Floor
No. 9-14-09, 9th Floor, Block Chengal, Jalan Rimba, Taman Desaminium, Lestari Perdana, 43300 Seri Kembangan, Selangor
Landmark Residence 2
No. B-27-13A, Landmark Residence 2, Landmark Residence, 43000 Kajang, Selangor
Banjaria Court
No. B3-13-9, Banjaria Court, Jalan Samudera Timur, 68100, Batu Caves, Selangor
Residensi Altris
No. C-29-02, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Menara Aspire
No. A-26-01, Menara Aspire, Kanvas, Jalan Teknokrat 6, Cyber 5, 63000, Cyberjaya, Selangor
Aman Tiga Apartment
No. AT1-3A-l, 3a, Block AT1, Jalan Aman, Aman Tiga Apartment, Desa Aman Puri, Kepong, 52100, Kuala Lumpur, Kuala Lumpur
Ac4
No. E-2-5 (9-2-5), Block E, Ac4, Jalan Taman Seri Sentosa, Taman Seri Sentosa, Off Jalan Klang Lama 58000 Kuala Lumpur
Astrum Ampang
No. S-19-23, Block S, Astrum Ampang, Jalan Enggang, Taman Keramat, 54200 Kuala Lumpur
Zeva Residence
No. A-01-13A, 1st Floor, Block A, Zeva Residence, Persiaran Pinggiran Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
10th Floor
No. H-10-19, 10th Floor, Block H, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Akasia Residensi
No. 14-04, Pangsapuri Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Sensory Residence
No. B-12-03, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Sensory Residence
No. B-26-13, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Sensory Residence
No. B-10-02, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor Darul Ehsan
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 5357 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.