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.
Arte + @ Jalan Ampang
No. T1-05-09, Arte + @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Puncak Sentul
No. B-33A-8, Block B, Puncak Sentul (Sentul Point), No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Endah Promenade
No. C-18-03A, Endah Promenade, No. 5, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
GCB Court
No. 332B-13J, GCB Court, Jalan Ampang, 50450 kuala Lumpur
Subang Perdana Court 10
No. AM-02-08, Subang Perdana Court 10, Persiaran Mulia, Jalan Usj 15, 47630, Subang Jaya, Selangor
Pangsapuri Suite Danau Kota
No. B-15-02, Block B, Pangsapuri Suite Danau Kota, No. 1, Jalan 6A/6, Off Jalan Taman Ibu Kota, Danau Kota, 53300 Kuala Lumpur
Emporis
No. F-02-12, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor, Kota Damansara, 47810 Petaling Jaya, Selangor
Emporis
No. F-03A-01, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor, Kota Damansara, 47810 Petaling Jaya, Selangor
I-City
No. F-37-07, BeCentral, Block F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Parklane OUG Service Apartment
No. D2-15-5, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Green Residence
No. B-27-5, Block B, Green Residence, Jalan Sayang 1, 43200, Cheras, Selangor
Residensi Skyvogue
No. A-16-02, SkyVogue Residences, No. 23, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Residensi Sembilan Cheras
No. A-13A-07, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Sri Putramas II
No. B1-15-3A, Blok B1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
RC Residences
No. D3-45-03, Block D3, RC Residences, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Nest
No. B-32-06, Residensi Nest, Jalan A, Off Jalan Puchong, 58200 Kuala Lumpur
RC Residences
No. A4-47-11, Block A4, RC Residences (Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi 1 Utara
No. A-23-09, Residensi 1 Utara, No. 42, Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur
Suasana Bukit Ceylon
No. 18-05, Suasana Bukit Ceylon, No. 2, Persiaran Raja Chulan, 50200 Kuala Lumpur
Flexis One South
No. A2-1-12, Flexis One South, Jalan Os 2, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Sri Emas Condominium
No. 77-6-1, Sri Emas Condominium, No. 77, Jalan Hang Isap, Off Jalan Galloway, 50150 Kuala Lumpur
Scott Garden Soho
No. A-22-21, 22nd Floor, Block A, Scott Garden Soho, Jalan Klang Lama, Kompleks Rimbun Scott 289, 58000, Kuala Lumpur
Endah Promenade
No. C-22-1, Block C, Endah Promenade, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Metropolitan Square
No. C-3A-10, 4th Floor, Block C, Metropolitan Square, No. 2, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 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.