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.
Bandar Sungai Emas
No. B-01-02, Jalan Emas 33, Bandar Sungai Emas, 42700 Sungai Manggis, Banting, Selangor
Taman Sri Indah
No. B4-21, Jalan 4/1, Taman Sri Indah (R/Pangsa), 43200 Cheras, Selangor
Kondominium Juta Mines
No. A-20-3, Blok A, Kondominium Juta Mines, 43300, Seri Kembangan, Selangor
Vista Hijauan
No. A-1-5, Vista Hijauan, Bandar Sungai Long, 43000, Kajang, Selangor
Residensi Hijauan
No. B2-3-11, Blok B, Residensi Hijauan, No 4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Putra Perdana
No. B-32-03A, Block B Skylake Residense, Jalan Putraperdana, Putra Perdana, 47130, Puchong, Selangor
Residensi Lili @ Taman Bucida Hijauan
No. A-08-04, Residensi Lili @ Taman Bucida Hijauan, Taman Bucida Hijauan, 71800, Nilai, Negeri Sembilan
Residensi Lili @ Taman Bucida Hijauan
No. B-02-06, Residensi Lili @ Taman Bucida Hijauan, Taman Bucida Hijauan, 71800, Nilai, Negeri Sembilan
Residensi Lili @ Taman Bucida Hijauan
No. B-23-03, Residensi Lili @ Taman Bucida Hijauan, Taman Bucida Hijauan, 71800, Nilai, Negeri Sembilan
Palm Spring @ Damansara
No. D-413A, Palm Spring @ Damansara, No. 1, Jalan Pju 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Green Acre Park Kondo
No. A8-9-6, Blok A8, Green Acre Park Kondo, Bandar Sungai Long (r/pangsa), 43000, Kajang, Selangor
Vista Bayu Apartment. Jalan Batu Unjur 9
No. B-1-10, Vista Bayu Apartment. Jalan Batu Unjur 9, Taman Bayu Perdana, 41200 Klang, Selangor
Magna Ville Selayang
No. C13-07, Block C, Magna Ville Selayang, Selayang Bahagia, Lebuhraya Selayang-Kepong, 68100 Batu Caves, Selangor
Apartment Cempakapuri
No. 10-01-07, Apartment Cempakapuri, Jalan BBN, 71800 Nilai, Negeri Sembilan
Rumah Pangsa
No. D-1-13, Blok D, Rumah Pangsa, Taman Semarak 2, 71800, Nilai, Negeri Sembilan
Pangsapuri Seri Mawar
No. B-4-17, Pangsapuri Seri Mawar, Jalan Seri Putra 4, Bandar Seri Putra, 43000 Kajang, Selangor
Pangsapuri Palma
No. B8-3-2, Tingkat 3, Blok 8, Pangsapuri Palma, Jalan Desa Ria, Bandar Country Homes, 48000, Rawang, Selangor
Hartamas Regency 2
No. A-12-1, Hartamas Regency 2, Jalan Duta Hartamas, Off Persiaran Dutamas, 504840 Kuala Lumpur
Seputih Permai Condominium
No. P1-B-2, Seputih Permai Condominium, Jalan Taman Seputeh, Taman Seputeh, 58000 Kuala Lumpur
Hillcrest Heights
No. A-13-7, Block A, Hillcrest Heights, Jalan Puchong Utama 1, Taman Puchong Utama, 47140, Puchong, Selangor
Invito Hotel / One @ Bukit Ceylon
No. 16-01, Invito Hotel / One @ Bukit Ceylon, No. 1 Hotel Bukit Ceylon, Lorong Ceylon, 50200 Kuala Lumpur
The Annex @ Medan Connaught
No. 15-8, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
Residensi Mizuni
No. E-25-12, Residensi Mizuni, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Pr1ma Alam Damai
No. A4-39-05, Block A4, Residensi Pr1ma Alam Damai, Persiaran Bistari, Alam Damai, 56000, 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.