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.
Ridzuan Condominium
No. B-22-02, Blok B, Ridzuan Condominium, Jalan PJS 10/11, Bandar Sri Subang, 46000 Petaling Jaya, Selangor
Serin Residency
No. A-01-09, Blok A, Serin Residency, Jalan Fauna 1, Cyber 9, 63000, Cyberjaya, Selangor
Selayang 18
No. B-06-12, Blok B, Selayang 18, Persiaran 3, Bandar Baru Selayang, 68100, Batu Caves, Selangor
Bistari Condominium
No. 107-21-3A, Bistari Condominium, Jalan 1/64D, Off Jalan Putra, 50350 Kuala Lumpur
Residensi Hijauan
No. B2-14-3A, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Riverville
No. A-05-3A, 5th Floor, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Equine
No. B-24-10, Residensi Equine, Jalan Equine, Taman Equine, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Residensi Sembilan Cheras
No. A-23-06, Residensi Sembilan Cheras (9ine Sungai Putih Hill), Jalan Suria Residen, 43200 Cheras, Selangor
Kondominium Mulberi
No. 13A-07, Kondominium Mulberi, No. 3, Jalan 5/38E, Taman Sri Sinar, 51200 Kuala Lumpur.
Residensi Skysanctuary 1
No. B-36-03A, Residensi Skysanctuary 1 (Edgewood Residences), No. 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. B-L18-06, Residensi Hijauan Bukit Jalil, No. 7, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Menara C @ Bandar Belia
No. C-L10-18, Menara C (Camelia) @ Bandar Belia, Jalan Bandar Belia 1/2, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
SOHO Suites
No. SS-15-01, SOHO Suites, Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Setia Alam, Section U13, 40170 Shah Alam, Selangor
Pangsapuri Nadayu 801
No. B-13-02, Block B, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Mirage
No. B2-02-05, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, Selangor
Savanna Seri Maya
No. D-31-02, Savanna Seri Maya, Dato Keramat Hujung, 54200, Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Endah Promenade-Blok C
No. C-9-2, Endah Promenade-Blok C, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Aseana Puteri Kondominium
No. B-11-04, Block B, Aseana Puteri Kondominium, Jalan Puteri 9/1, Bandar Puteri, 47100 Puchong, Selangor
M-City
No. 1-27-05, M-City, Jalan Ampang, 50450 Kuala Lumpur
Sri Putramas II
No. B1-23-08, Block B1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Ativo Suites
No. A-17-6, Block A, Ativo Suites, No. 1, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200, Kuala Lumpur
Kondominium Sri Permata
No. 6-7-5, Kondominium Sri Permata, Jalan Sultan Salahuddin Abdul Aziz Shah 9/6, Seksyen 9, 40100 Shah Alam, Selangor
Pandan Puteri
No. R2-2-4, Pandan Puteri, Jalan Pandan Indah 6/10, Pandan Indah, 55100, Kuala Lumpur
Cova Suite
No. A-20-03, Cova Suite, Jalan Teknologi, Pju 5, Kota Damansara, 47810, Petaling Jaya, 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.