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.
Ameera Residence
No. C-11-09, Block C, Ameera Residence, Jalan Mutiara 3, Mutiara Heights, 43000, Kajang, Selangor
Residensi Amara
No. D-10-05, Block D, Residensi Amara, Jalan Raintree Utama, 68100, Batu Caves, Selangor
Akoya Residence
No. 23-05, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000, Kajang, Selangor
Tower C
No. C-32-03A, Tower C, Maxim Citylights Sentul, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Floor 8
No. PS-8-02, Floor 8, Block Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800, Petaling Jaya, Selangor
Pangsapuri Melor
No. 29-01-9, Pangsapuri Melor, Jalan Metafasa U16/3, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
7 Tree Seven Residence
No. B-7-7, Block B, 7 Tree Seven Residence, Jalan Cuepacs 3, Taman Koperasi Cuepacs, 43000 Kajang, Selangor
Pangsapuri Sri Cempaka
No. A409, Block A, Pangsapuri Sri Cempaka, 47170, Puchong, Selangor
Tower 1
No. B1/A/11-3, Tower 1, Persiaran Puteri 1, Taman Puteri (Venice Hills), 43200, Cheras, Selangor
Kondominium Juta Mines
No. A-16-3A, Block A, Kondominium Juta Mines, 43300, Seri Kembangan, Selangor
Pangsapuri Kasuarina
No. B-5-06, Pangsapuri Kasuarina, Persiaran Kasuarina/KS6, Bandar Botanik, 41200, Klang, Selangor
Pangsapuri Damai Mewah B
No. B-16-20, Enam belas (16), Pangsapuri Damai Mewah B, Jalan Damai Mewah 2, Taman Damai Mewah, 43000, Kajang, Selangor
Rampai Court Apartment
No. 30, Blok I, Rampai Court Apartment, Jalan 35/26, Taman Sri Rampai, 53300 Kuala Lumpur
Pangsapuri Suria Perdana
No. B-7-10, 7, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43297 Seri Kembangan, Selangor
Ppr Seri Pantai
No. 102-9-24, Ppr Seri Pantai, Block 102, Jalan Pantai Dalam, 59200, Kuala Lumpur
Apartment Ixora
No. 1-G-22, Apartment Ixora, Garden Avenue, Jalan S2 G3, Seremban 2, 70300, Seremban, Negeri Sembilan
Pangsapuri Rimba
No. A-02-06, Pangsapuri Rimba, No. 5, Jalan Lengkuas 16/19, Seksyen 16. 40200 Shah Alam, Selangor
Pangsapuri Puchong Permata
No. B-7-03, Pangsapuri Puchong Permata, Jalan Permai 4, Taman Puchong Permai, 47100, Puchong, Selangor
Desa Sri Puteri
No. A-23-1, Block A, Desa Sri Puteri, No. 6, Jalan 1/125G, Desa Petaling, 57100 Kuala Lumpur
Garden Avenue
No. 20-G-3, Blok Dahlia F, Jalan S2 G5, Garden Avenue, Seremban 2, 70300, Seremban, Negeri Sembilan
Pangsapuri Seroja 6
No. 06-05-02, Pangsapuri Seroja 6, Jalan Setia Murni U13/50, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Pangsapuri Orkid
No. D-4-5, Blok D, Pangsapuri Orkid, Jalan Cemara, Taman Bukit Serdang, Seksyen 13, 43300 Seri Kembangan, Selangor
Pangsapuri Seri Nilam
No. F13-09, Pangsapuri Seri Nilam, Jalan Wawasan Ampang 3/8, Bandar Baru Ampang, 68000 Ampang, Selangor
Pd Tiara Bay Apartments
No. C-3-34, Block C, Pd Tiara Bay Apartments, Batu 13, Jalan Pantai, 71250 Pasir Panjang, Port Dickson, Negeri Sembilan
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.