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.
Emerald 9 Cheras
No. A-15-1, Block A, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Residensi Semarak Platinum
No. C-09-02, Residensi Semarak Platinum (Splendor), Kampung Padang Tembak, Jalan Lestari, 54000 Kuala Lumpur
Benteng 8
No. 30-3A, Benteng 8, No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Pavilion
No. B-07-3A, Block B, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100 Puchong, Selangor
Suria Residence
No. A-01-13A, Block A, Suria Residence, No. 5, Jalan Bazar U8/100, Bukit Jelutong, Section U8, 40150 Shah Alam, Selangor
Residensi 1 Utara
No. B-37-03, Residensi 1 Utara, (on site is Block B, Lakepark Residence @ KL North), Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur
Residensi Damai Indah
No. 32-09, Residensi Damai Indah, No. 326, Jalan Sungai Besi, 57100, Kuala Lumpur
Pusat Perdagangan Icon City
No. T2-13-13A, Pusat Perdagangan Icon City, No. 1B, Jalan SS 8/39, 47300 Petaling Jaya, Selangor
Residensi Sembilan
No. A-19-01, Block A, Residensi Sembilan, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi Henna
No. C-09-02, Residensi Henna, No. 2, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Residensi Pano
No. B-07-01, Residensi Pano, No. 556, Batu 3 1/2, Jalan Ipoh, 51200 Kuala Lumpur
Residensi Hijauan Bukit Jalil
No. C-L17-05, Residensi Hijauan Bukit Jalil, Jalan Jalil Perwira 2, Bukit Jalil, 58200 Kuala Lumpur
Tower B
No. AB-26-01 (On site B-26-01), Tower B, Anya at Shorea Park Residency, Jalan SP1, Shorea Park 47120 Puchong, Selangor
Pangsapuri Puncak Mutiara
No. A-26-08, Block A, Pangsapuri Puncak Mutiara, Jalan Mutiara 2, Taman Mutiara Indah, 47110 Puchong, Selangor
Residensi M Vertika
No. E-40-12, Residensi M Vertika, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi 99
No. B-53-02, Residensi 99, Jalan Seri Utara 3, 68100 Kuala Lumpur
Tower B
No. B-38-08, Tower B, Residensi Trofi 1 (Also Known as Trion @ KL), No 1, Jalan Dua, Sungai Besi, 55200 Kuala Lumpur
D'Latour
No. B-05-06, Block B, D'Latour, Jalan Taylor, Bandar Sunway, PJS 7, 47500 Subang Jaya, Selangor
Dsara Sentral
No. SA2-25-01, Dsara Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Tower D
No. D-11-6, Tower D, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
I-City
No. D-27-03, Parisien, No. 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Residensi Shamelin Star
No. C-18-11, Residensi Shamelin Star, Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur
Pavilion
No. B-08-03, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100 Puchong, Selangor
Residensi Sini
No. A-25-02, Residensi Sini, No. 2, Jalan Setia Perdana AZ U13/AZ, Seksyen U13, Setia Alam, 40170 Shah Alam, 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.