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.
Putra Majestiik
No. B-12-7, Block B, Putra Majestiik, Jalan Kasipillay, 51200, Kuala Lumpur
Abadi Villa Condo
No. B-22-6, No. 4 Jalan 2/109c, Abadi Villa Condo, Block B, Off Jalan Kelang Lama, Taman Abadi Indah, 58100 Kuala Lumpur
Desa Dua Apartment Lorong D 1/5
No. 3-10-n, Desa Dua Apartment Lorong D 1/5, Desa Aman Puri, 52100, Kuala Lumpur
Pangsapuri Kasuarina
No. A-5-11, Pangsapuri Kasuarina, Persiaran Kasuarina/KS7, Bandar Botanik, 41200 Klang, Selangor
Venice Hill Condominium & Golf Resort
No. B8/J/28-12, Palazzo Caprini (Tower 8), Venice Hill Condominium & Golf Resort, Persiaran Puteri 1, Taman Puteri, Batu 9, 43200, Cheras, Selangor
Pangsapuri Sri Penara
No. C-16-21, 16th Floor, Block C, Pangsapuri Sri Penara, Jalan Sri Permaisuri 1, Bandar Sri Permaisuri, 56000, Kuala Lumpur
Desa Pandan
No. A7-4-4, Block A7, Jalan 2/76A, Desa Pandan , Jalan Kampung Pandan, 55100, Kuala Lumpur
Taman Sri Murni
No. 01-17-10, Block 1, Jalan 1/2D, Taman Sri Murni, 68100, Kuala Lumpur
Residensi Warnasari
Begonia Kristal No. 01-33, Residensi Warnasari, Jalan Residensi Warnasari 13/1, Seksyen 13, 42300, Bandar Puncak Alam, Selangor
Desa Saujana Apartments
No. C-4-5, Desa Saujana Apartments, Taman Sungai Besi Indah, Seksyen 3, 43300, Seri Kembangan, Selangor
Rumah Pangsa Taman Semarak Ii
No. B-G-12, Block B, Rumah Pangsa Taman Semarak Ii, 71800, Nilai, Negeri Sembilan
Second Floor
No. 2-16a, Second Floor, Block A, Taman Cengal Utama, 70400, Seremban, Negeri Sembilan
Tiara Beach Resort
No. D-1-3, Tiara Beach Resort, Pasir Panjang, 71250 Port Dickson, Negeri Sembilan
Pd Tiara Bay Apartments
No. E-5-16, Pd Tiara Bay Apartments, (formerly Tiara Beach Resort), 71250, Pasir Panjang, Port Dickson, Negeri Sembilan
Putra Villa Condominium
No. A-15-16, Putra Villa Condominium, No 1, Jalan Terminal Putra, Taman Melati, 53100 Kuala Lumpur
Residensi Jalil Idaman @ Twin Arkz
No. B-30-02, No. 3, Residensi Jalil Idaman @ Twin Arkz, Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur
231TR Service Suites
No. Unit 09-03, 231TR Service Suites, No. 231, Jalan Tun Razak, 50400, Kuala Lumpur
Paradesa Tropica
No. 301, Block A, Paradesa Tropica, Persiaran Meranti, Pju 9, Bandar Sri Damansara, 52200, Petaling Jaya, Selangor
Altitude 236 Condominium
No. 31-6, Altitude 236 Condominium, Jalan Alam Damai, Alam Damai, 56000, Kuala Lumpur
Pavilion
No. A-25-05, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100, Puchong, Selangor
Menara Infinity
No. 9-1, Menara Infinity, No. 28, Jalan Ss6/3, Kelana Jaya, 47301, Petaling Jaya, Selangor
Gravit 8
No. B2-13A-09, Blok B2, Gravit 8, Jalan Bayu Laut/ Ks9, Kota Bayuemas, 41200, Klang, Selangor
Sutera Pines
No. B-05-10, Sutera Pines, Jalan Sutera Pines, 43000, Kajang, Selangor
Menara Simfoni
No. A-26-08, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300, Seri Kembangan, 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.