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.
Pelangi Damansara
No. PS-10-01, Blok Pelangi Sentral, Pelangi Damansara, Persiaran Surian, 47800, Petaling Jaya, Selangor
Awana Puri Condominium
No. A-7-5, 7th Floor, Block A, Awana Puri Condominium, Jalan 15/119, Taman Mutiara Barat, 56000, Kuala Lumpur
Madu Mas Apartment
No. 06-06, 6th Floor, Madu Mas Apartment, Jalan Air Madu Off Jalan Air Panas, Setapak, 53200, Kuala Lumpur
Savanna Executives Suites
No. C2-30-03A, Savanna Executives Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Pangsapuri Nadayu 801
No. E-18-08, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
The Scott Garden
No. B-18-17, 18th Floor, Block B, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Apartment Servis J. Dupion
No. B-10-02, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, 56000 Kuala Lumpur
Union Height Kondominium
No. 5-12-1, Union Height Kondominium, Blok B, Jalan Awan Dandan, Taman Yarl, 58200 Kuala Lumpur
Tower A
No. A-23A-08, Tower A, Jalan Impian Indah, 43300 Kajang, Selangor
Liberty Tower
No. C-33-03, Liberty Tower, I-SOHO @ I-City, No. 2, Persiaran Multimedia, Seksyen 7, 40000 Shah Alam, Selangor
Residensi 1 Utara
No. A-35-3, Residensi 1 Utara, No. 42, Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur
Residensi Equine
No. B-14-08, Block B, Residensi Equine, Jalan Equine, Taman Equine, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Residensi Sembilan Cheras
No. A-08-08, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Becentral Icity
No. F-26-06, Block F, Becentral Icity, Seksyen , 4000 Shah Alam, Selangor
The Clio 2 Residence
No. TCB-19-05, Block B, The Clio 2 Residence, Ioi Resort City, 62502, Putrajaya, Selangor
Casa Ria Apartment
No. 261-17-6, Casa Ria Apartment, Jalan Jejaka, Taman Maluri, 55100, Kuala Lumpur
Residensi 216 Kuchai Jaya
No. 26-10, Residensi 216 Kuchai Jaya, Jalan Kuchai Jaya 10, Taman Kuchai Jaya, 582000 Kuala Lumpur
JomBid - Arte Plus @ Jalan Ampang
JomBid - Arte Plus @ Jalan Ampang, Jalan Bemban, Off Jalan Ampang, 55000 , Kuala Lumpur
Ampang Tiga
No. A-38-17, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Oakwood Park
No. B-10-4, Block B, Oakwood Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Pano
No. A-08-02, Residensi Pano, No. 556, Batu 3 ½ , Jalan Ipoh, 51200 Kuala Lumpur
20th Floor
No. A-20-1, 20th Floor, Block A, Petalz Residences @ Old Klang Road, Off Jalan Klang Lama, 58000 Kuala Lumpur
Anjung Villa Condominium
No. C-0-3, Anjung Villa Condominium, Jalan 1/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Residensi Amara
No. D-13-03, Blok D, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, 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.