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.
Rose Apartment
No. 1A-4-04, Block A, Rose Apartment, Jalan Bukit Indah 1/20, Taman Bukit Indah, 68000 Ampang, Selangor
Pangsapuri Melati
No. 15-04-06, Pangsapuri Melati, Jalan Metafasa U16/3, Seksyen U16, Taman Bukit Subang, 40160, Shah Alam, Selangor
Taman Millenium Sentosa
No. 3-1B, Jalan Hulubalang 37A, Taman Millenium Sentosa, 42100 Klang, Selangor
Seroja Apartment
No. S2-4-15, Seroja Apartment, Jalan Bunga Raya 21, Taman Tasik Jaya, 70400, Seremban, Negeri Sembilan
Pangsapuri Baiduri
No. B-3-24, Block B, Pangsapuri Baiduri, Bandar Tasik kesuma, 43700 Beranang, Selangor
5th Floor
No. F5-1, 5th Floor, Block F, Flat Wangsa Delima, Jalan Tan Sri Manickavasagam, 70200 Seremban, Negeri Sembilan
Vista Kiara Condominium
No. B-18-7, Vista Kiara Condominium, No. 7, Jalan Kiara 3, Mont' Kiara, 50480 Kuala Lumpur
Pangsapuri Vista Sri Tanjung
No. B-3A-20, Blok B, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500 Semenyih, Selangor
Residensi Skymeridien
No. A-21-11, Residensi Skymeridien, No. 1, Jalan 1/48A, Sentul Timur, 51000 Kuala Lumpur
Vila Kristal
No. A-28-03A, Vila Kristal, Jalan 6/38a, Taman Sri Sinar, Segambut, 51200 Kuala Lumpur
Kondo Villa Angsana
No. B-9-2, 9Th Floor, Block B, Kondo Villa Angsana, Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur.
Bam Villa
No. 42B-5-2, Bam Villa, Jalan Pria, Taman Maluri, 55100 Kuala Lumpur
Citizen @ Old Klang Road
No. B-13-8, Blok B, Citizen @ Old Klang Road (Residensi Nusantara Petaling), Jalan Nusantara Petaling, 58000 Kuala Lumpur
Residensi 222
No. 12-07, Tingkat 12, Residensi 222, Jalan Semarak Api, Off Jalan Gombak, 53300 Kuala Lumpur
Taman Gembira
No. 7-4-8, Blok 7, Jalan 1/127A, Taman Gembira, 58200 Kuala Lumpur
Prima Midah Heights
No. 26-22-3, Block 26, Prima Midah Heights, Jalan Midah 8, Taman Midah, Cheras, 56000 Kuala Lumpur
Damai 88
Damai 88, Jalan Damai, 50450, Kuala Lumpur
Four Seasons Place
No. 38-3, Four Seasons Place, Jalan Ampang, 50450 Kuala Lumpur
Binjai Residency
No. B-30-1, Binjai Residency, Jalan Binjai, 50450 Kuala Lumpur
Banyan Tree Signatures Pavillion Kuala Lumpur
No. S-38-1, Banyan Tree Signatures Pavillion Kuala Lumpur, Jalan Conlay, 50450 Kuala Lumpur
Ampersand-B
No. B-01-01, Ampersand-B, Jalan Kia Peng, 50450 Kuala Lumpur
KL Gateway Corporate Office Suite
No. F-05-01, Block F, KL Gateway Corporate Office Suite, KL Gateway, No. 2, Jalan Kerinchi, 59200 Kuala Lumpur
Kiaraville Condominium
No. C-16-01, Block C, Kiaraville Condominium, No. 2, Changkat Duta Kiara, Mont' Kiara, 50480 Kuala Lumpur
Marc Service Residence
No. B-16-01, Marc Service Residence, No. 3, Jalan Pinang, 50450 Kuala Lumpur
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.