1291 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.
Mutiara Ville
No. G-08-03, Block G, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
One Damansara
No. B-3A-10, Block B, One Damansara, No. 1, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
Skylake Residence
No. B-19-03A, Skylake Residence, Jalan Putra Perdana 5A, Taman Putra Perdana, 47130, Puchong, Selangor
Greenview Residence
No. C-15-8, Greenview Residence, Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selango
Verve Suites
No. D-22-5, Verve Suites, Jalan Kiara 5, Mont Kiara, 50480 Kuala Lumpur
Plaza Klts
No. A-33A-7, 34Th Floor, Block A, Plaza Klts, Jalan Gombak, Setapak, 53000 Kuala Lumpur.
Robson Condominium
No. 10-09-3A, Robson Condominium, Blok A, Persiaran Syed Putra 2, 50460 Kuala Lumpur
Ceria Residen Condominium
No. A-02-03, Blok A, Ceria Residen Condominium, Persiaran Sepang, Cyber 10, 63000 Cyberjaya, Selangor
Sri Bayu Apartment
No. A-15-04, 15th Floor, Block A, Sri Bayu Apartment, Jalan Pipit, Bandar Puchong Jaya, 47100 Puchong, Selangor
Residensi Ascenda
No. B-23A-05, Residensi Ascenda, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Residensi Kerinchi
No. 13-17, Residensi Kerinchi, No. 1, Lorong Kerinchi Kiri 1, 59200 Kuala Lumpur
Mentari Condo
No. C-12-4, Blok C, Mentari Condo, Jalan Tasik Permaisuri 3, Bandar Tun Razak, 56000 Cheras, Kuala Lumpur
GCB Court
No. 332B-5, 5th Floor, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Menara A
No. A-9-7, Menara A, Residensi KLIA, Jalan Pusat Niaga KLIA 6, 71800 Nilai, Negeri Sembilan
Kondominium Vista Hijauan
No. C-1-2, Kondominium Vista Hijauan, Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Tower B
No. B-17-10, Level 17, Tower B, Jalan Pusat Bandar 2, Kompleks Evo, Bandar Baru Bangi, Selangor
Mutiara Hilltop
No. B-12-05, Mutiara Hilltop (Pangsapuri Puncak Mutiara), Jalan Mutiara 2, Taman Mutiara Indah, 47100 Puchong, Selangor
Palm Spring @ Damansara
No. F-1605, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Plaza KLTS
No. C-13-08, Plaza KLTS, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi 99
No. A-22-06, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Villa Pandan 4
No. 3A-1101, Level 11, Block 3A, Villa Pandan 4, Jln Pandan Indah 1/16, Pandan Indah, 55100 Kuala Lumpur
Vista Hijauan
No. A-5-1, Vista Hijauan, Bandar Sungai Long, 43000, Kajang, Selangor
Lakefront Residence @ Cyberjaya
No. T6-09-03, Lakefront Residence @ Cyberjaya, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Vista Hijauan
No. B-8-5, Vista Hijauan, Bandar Sungai Long (r/pangsa), 43000, Kajang, 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 1291 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.