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.
Menara Menjalara
No. F-13A-7 (On Site Is F-14-7), Block F, Menara Menjalara, Jalan 1/62b, Bandar Sri Menjalara, 52200 Kuala Lumpur
Residensi Ascenda
No. A-22-6, Residensi Ascenda, No. 3, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Palm Spring @ Damansara
No. C-1106, Palm Spring @ Damansara, Jalan PJU 3/29, Seksyen 13, 47810, Petaling Jaya, Selangor
Kondominium Sang Suria
No. A-20-1, Blok A, Kondominium Sang Suria, Sentul Raya, Bt 3, Jalan Ipoh, (Persiaran Parkview, Off Jalan Sultan Azlan Shah), 51100 Kuala Lumpur
I-Suite 2
No. B1-33-05, I-Suite 2, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Tiara Parkhomes
No. D-01-06, Block D, Tiara Parkhomes, Jalan Bukit Ria, Taman Bukit Ria, 43000, Kajang, Selangor
Youth City
No. B-21-10, Block B, Youth City, Bandar Belia Bandar Wawasan, 71800 Nilai, Negeri Sembilan
Becentral Icity
No. F-27-07, Block F, Becentral Icity, Seksyen , 4000 Shah Alam, Selangor
Garden Apartment
No. C-21-06, Garden Apartment, One South, Taman Serdang Perdana, Seksyen 6, 43300 Seri Kembangan, Selangor Darul Ehsan
Cristal Serin Residence
No. A-07-03, Blok Amethyst, Jalan CSR 1, Cristal Serin Residence, Jalan Fauna 1, Cyber 9, 63000 Cyberjaya, Selangor
Sentosa Court – Block C
No. C-2-08, 2nd Floor, Sentosa Court – Block C, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58200 Kuala Lumpur
Endah Regal Condo
No. B-5-8, Endah Regal Condo, Blok B, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Kenwingston Residence
No. B1-35-01, Kenwingston Residence, Kenwingston Square Garden, Persiaran Bestari, Cyber 9, 63000, Cyberjaya, Selangor
Cyberia Smarthomes A
No. A3-11-8, Cyberia Smarthomes A, Cyberia, Cyber 11, 63000 Cyberjaya, Selangor
Kenanga Point Condominium
No. A-24-8, Block A, Kenanga Point Condominium, Jalan Gelugor, Off Jalan San Peng, 55200, Kuala Lumpur
Pangsapuri Sri Jati Ii
No. B-3-6, Blok B, Pangsapuri Sri Jati Ii, Jalan Seri Jati, Taman Sri Jati, 58200, Kuala Lumpur
Sensory Residence
No. B-29-09, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Menara Sri Damansara
No. B12-6, Block B, Menara Sri Damansara, Jalan Margosa SD 10/1E, 52200, Bandar Sri Damansara, Petaling Jaya, Selangor
Angkasa Condominium
No. B-23A-12, Blok B, Angkasa Condominium, No. 5, Jalan Puncak Gading, Taman Connaught, 56000 Cheras, Kuala Lumpur
Pangsapuri Mawar
No. B-21-9, Pangsapuri Mawar, Jalan 7/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Boulevard Serviced Apartment
No. J-23A-3A, Block J, Boulevard Serviced Apartment, Pusat Komersial Jalan Kuching, No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Pearl Point Condominium
No. A-25-03, Block A, Pearl Point Condominium, Jalan Sepadu 3, Batu 5, Off Jalan Klang Lama, 58200 Kuala Lumpur
Anggunpuri Condominium
No. 19-2, 19th Floor, Anggunpuri Condominium, No. 32, Jalan Dutamas Raya, Off Persiaran Dutamas, 51200, Kuala Lumpur
Parklane OUG
No. C1-31-7, Block C1, Parklane OUG, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 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 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.