5357 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.
Tower C
No. C-20-6, Tower C, Pacific Towers (Capella Residenz @ Pacific Star), Jalan 13/6, Seksyen 13, 46200 Petaling Jaya, Selangor
BSP Skypark
No. T2-13-11, BSP Skypark, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Sensory Residence
No. B-26-07, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Apartment Bangi Idaman
No. D-8-10, Block D, Apartment Bangi Idaman, Seksyen 5, 43650, Bandar Baru Bangi, Selangor
Sawtelle Suites
No. C-03-08, Block C, Sawtelle Suites, Jalan Cyber Heights, Cyber Heights Villa, 63000 Cyberjaya, Selangor
Pangsapuri Seri Tanjung
No. B-7-16, Pangsapuri Seri Tanjung, Jalan USJ 16/6, 47630, UEP Subang Jaya, Selangor
Astrum Ampang
No. S-35-23, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Pandan Lakeview Apartment
No. E-402, Pandan Lakeview Apartment, Jalan Perdana 5/1, Pandan Perdana, 55100, Cheras, Kuala Lumpur
Mentari Court
No. D-10-21, Blok D, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Taman Tun Teja
No. 08-05, Blok Anggerik, Taman Tun Teja, 48000, Rawang, Selangor
Taman Bukit Serdang
No. SA-EG-15, Blok E, Jalan BS 11/1, Taman Bukit Serdang, Seksyen 11, 43300, Seri Kembangan, Selangor
Kiara Plaza
No. A-08-18, Block A, Kiara Plaza, Jalan Semenyih, 43500 Semenyih, Selangor
Pangsapuri Rimba
No. B-06-09, Pangsapuri Rimba, Jalan Lengkuas 16/19, Seksyen 16, 40200 Shah Alam, Selangor
Landmark Residence 2
No. B-27-20, Landmark Residence 2, Landmark Residence, 43000 Kajang, Selangor
Taman Jinjang Baru
No. 8-3-7, Block 8, Jalan 9/32, Taman Jinjang Baru, 52000 Kuala Lumpur.
Flora Damansara
No. A-16-06, Block A, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Rumah Pangsa Bukit Tinggi 2
No. N-3-03, Blok N, Rumah Pangsa Bukit Tinggi 2, Jalan Batu Nilam 34, Bandar Bukit Tinggi 2, 41200 Klang, Selangor
Rumah Pangsapuri Mewah Cheras II
No. MC-115, 1st Floor, Rumah Pangsapuri Mewah Cheras II, Jalan Cuepacs 5, Taman Koperasi Cuepacs, 43000, Kajang, Selangor
Pangsapuri Palma
No. G-3-15, Pangsapuri Palma, Jalan Palma Raja 3/KS6, Bandar Botanik, 41200 Klang, Selangor
Pangsapuri Seri Mas
No. I-4-09, Tingkat 4, Blok I, Pangsapuri Seri Mas, Jalan PP 41, Taman Pinggiran Putra, Seksyen 2, 43300, Seri Kembangan, Selangor
Taman Semarak 2
Block 16-4-11, Taman Semarak 2, 71800, Nilai, Negeri Sembilan
Taman Chi Liung
No. 1-11, Block F, Jalan Bahagia, Taman Chi Liung, 42000 Pelabuhan Klang, Selangor
Taman Seri Sentosa Jaya Business Park
No. 47-3A, Lorong Bendahara 13, Taman Seri Sentosa Jaya Business Park, 41200 Klang, Selangor
Astana Alam 2
No. Dewi 4-20, Astana Alam 2, Jalan Astana 13/3, Seksyen 13, 42300 Bandar Puncak 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 5357 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.