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.
Lafite Apartment
No. 348, Block 3, Lafite Apartment, Jalan SS 17/1G, 47500, Subang Jaya, Selangor
Residensi Palmera
No. A-32-07, Residensi Palmera, Laman Puteri 3, Bandar Puteri Bangi, 43000, Kajang, Selangor
Palm Spring @ Damansara
No. F-2213, Blok F, Palm Spring @ Damansara, No. 1, Jalan Pju 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Sembilan
No. 05-09-13, Sembilan (9), Blok 5 Pangsapuri Seri Jati, No. 2, Jalan Setia Gemilang U13/45c, Seksyen U13, 40170, Shah Alam, Selangor
Koi Tropika Condominium
No. D-11-10, Block D (taisho), Koi Tropika Condominium, Jalan Puchong Batu 13 1/2, 47100, Puchong, Selangor
Desa Impiana
No. A-13-03, Block A, Desa Impiana, Jalan Prima Utama 2, Taman Puchong Prima, 47150, Puchong, Selangor
D’Kiara Apartment
No. 5B-06-01, Tingkat 6, Blok B, Wawasan 4/12, D’Kiara Apartment, 47160, Pusat Bandar Puchong, Selangor
Apartment Seroja
No. 27-04-12, Apartment Seroja, Jalan ARCA U8/80, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Pangsapuri Sri Puteri
No. B-304, Blok B, Pangsapuri Sri Puteri, Jalan Up 2/1, Taman Ukay Perdana, 68000, Ampang, Selangor
Taman Intan 6
No. 8, Jalan Hamzah Alang 24, Taman Intan 6, Di Jalan Tahir Manan, 42200, Kapar, Selangor
Pangsapuri Damai Mewah B
No. B-16-16, Pangsapuri Damai Mewah B, (on Site Is Known As Blok B , Selesa I-resort, Apartment), Taman Damai Mewah, 43000, Kajang, Selangor
Pangsapuri Serumpun
No. R02-18-07, Blok R02, Pangsapuri Serumpun, (On-site is D'Cerrum Pangsapuri Serumpun), Setia Ecohill, 43500, Semenyih, Selangor
Mentari Court
No. A-14-24, Blok A, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Sri Anggerik
No. B-5-15, Pangsapuri Sri Anggerik, Jalan Bandar Puchong Jaya, 47170, Puchong, Selangor
Shah Alam
No. 403, Block 41, Seksyen 24, 40300, Shah Alam, Selangor
Puchong Utama Court 1
No. F-4-19, Block F, Puchong Utama Court 1, No. 1, Jalan Puchong Utama 7, Taman Puchong Utama, 47140 Puchong, Selangor
Pangsapuri Sri Mutiara
No. B-3-18, Pangsapuri Sri Mutiara, Jalan Putra Indah 9/1C, Putra Heights, 47650, Subang Jaya, Selangor
Pangsapuri Las Palmas
No. C-3-42, Blok Nipah, Pangsapuri Las Palmas, Jalan Desa Ria, Bandar Country Homes, 48000, Rawang, Selangor
Bandar Baru Ampangan
No. C-3-1, Bandar Baru Ampangan, Jalan Kuala Pilah, 70400 Seremban, Negeri Sembilan
Rumah Pangsa Taman Taming Jaya
No. 10-04, Blok I, Rumah Pangsa Taman Taming Jaya, 43200, Cheras, Selangor
The Goodwood Residence
No. B-40-3A, The Goodwood Residence, No. 8, Jalan Kerinchi Kanan, Bangsar South, 59200 Kuala Lumpur
Residensi Amara
No. A-17-08, Block A, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, Selangor
Damansara Suria Apartment
No. B-06-15, Blok B, Damansara Suria Apartment, Taman Kip, Kepong, 52100, Kuala Lumpur
Gardenia Court
No. B9-4, Block B, Gardenia Court, Jalan SG 9/21, Taman Sri Gombak, 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 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.