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.
Dover Park Sri Putramas Condominium
No. E-8-6, Dover Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200, Kuala Lumpur
Anjung Hijau Apartment
No. D-5-1, Block D, Anjung Hijau Apartment, Jalan 1/155B, Bukit Jalil, 57000 Kuala Lumpur
GCB Court
No. 332B-2J, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Oakwood Park Sri Putramas Condominium
No. B-3A-06, Oakwood Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
PV 12 Platinum Lake Condo
No. B-7-8, Blok B, PV 12 Platinum Lake Condo, Jalan Langkawi, 53300 Kuala Lumpur
Residensi Platinum Teratai
No. 29-05, Residensi Platinum Teratai, No, 2, Jalan Kuraman Setapak, 53000 Kuala Lumpur
Residensi Kamar Putra
No. 19-18, Residensi Kamar Putra, No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Garden @ One South (Garden Apartment
No. B-04-3A, Block B, Garden @ One South (Garden Apartment, One South), Taman Serdang Perdana, Section 6, 43300 Seri Kembangan, Selangor
Simfoni Heights
No. G13-05, Simfoni Heights, Jalan Medan Batu Caves, 68100 Batu Caves, Selangor
Residensi Zamrud
No. B-04-08, Block B, Residensi Zamrud, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Palm Spring @ Damansara
No. F-2217, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810, Petaling Jaya, Selangor
Forest Green Apartment
No. B4-10-8, Forest Green Apartment, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Pangsapuri Seri Topaz
No. A-19-2, Pangsapuri Seri Topaz, Jalan Intan 2, Taman Puchong Intan, 47150 Puchong, Selangor
Tower B
No. B-28-03, Tower B, Astoria Ampang (Residensi Xtreme Meridian), Jalan Bemban, 55000 Kuala Lumpur
Tower B
No. B-10-03, Tower B, Selayang Point Condominium, Jalan SP 1, 68100 Batu Caves, Selangor
Aspire Residence
No. 3-23-05, Blok 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Parklane OUG Service Apartment
No. B1-7-2, Parklane OUG Service Apartment, Blok B1, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
I-City
No. F-26-06, BeCentral, Blok F, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
The Annex @ Medan Connaught
No. 13-3A, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
Residensi Hijauan
No. A2-15-05, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Casa Prima
No. 23-3A, Casa Prima, Jalan Metro 2, Metro Prima, 52100 Kuala Lumpur
Apartment Seri Gembira
No. 2-7-2, Apartment Seri Gembira, Jalan Terolak 9, Taman Bamboo, 51200 Kuala Lumpur
Kondo Sunway Sutera
No. B-310, Blok B, Kondo Sunway Sutera, Jalan T'Cana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Residensi Sutera 7
No. A-16-04, Block A, Residensi Sutera 7, Jalan Sutera 1/2, Taman Sutera, 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.