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.
Putra Court
No. 10B-18-4, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Casa Idaman Condominium
No. A-10-13A, Casa Idaman Condominium, No. 5, Jalan 1/1D, Kampung Batu Muda, 51100 Kuala Lumpur
Pangsapuri Aman Heights
No. B-G-09, Block B, Pangsapuri Aman Heights, Jalan Bersatu, Taman Serdang Heights, Seksyen 5, 43300 Seri Kembangan, Selangor
Juta Mines Condominium
No. B-15-01, Juta Mines Condominium, Jalan Taming Permai 1, 43300, Seri Kembangan, Selangor
Pelangi Damansara
No. E-11-03, Tingkat 12, Blok E (Anggerik), Persiaran Surian, Pelangi Damansara, PJU 6, 47800, Petaling Jaya, Selangor
Menara C
No. C-05-03, Menara C, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Ivory Residence
No. A-15-01, Ivory Residence, Jalan Mutiara 2, Mutiara Heights, 43000, Kajang, Selangor
Residensi Palmera
No. A-34-07, Residensi Palmera, Laman Puteri 3, Bandar Puteri Bangi, 43000, Kajang, Selangor
Kondominium Eco Santuari
No. A-02-08, Kondominium Eco Santuari, Jalan Eco Santuari, Eco Santuari, 42500, Telok Panglima Garang, Selangor
Kondominium Ken Rimba 1
No. A-23A-3A, Kondominium Ken Rimba 1, Jalan Lengkuas 16/26, Seksyen 16, 40200 Shah Alam, Selangor
Juta Mines Kondominium
No. B-15-3A, Block B, Juta Mines Kondominium, Jalan Tanmin Permai 1, Balakong, 43300 Seri Kembangan, Selangor
Desa Idaman
No. H-05-05, Block H, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150 Puchong, Selangor
One Equine Residences
No. B-01-12, One Equine Residences, Jalan Equine, Taman Equine, 43300 Seri Kembangan, Selangor
Apartment Putra Satu
No. B4-5-3, Apartment Putra Satu, Persiaran Seri Putra 2, Bandar Seri Putra, 43000 Kajang, Selangor
Aspire Residence
No. 3-24-14, Blok 3, Jalan Aspire 1, Aspire Residence, Cyber 10, 63000 Cyberjaya, Selangor
Residensi M Centura
No. B-03-08, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Vista Bangi
No. A-17-06, Vista Bangi, Jalan Reko, 43000 Kajang, Selangor
Bandar Tropicana Aman
No C-02-03, Blok C Pangsapuri Tropicana Aman 1, Jalan Aman Simfoni 1, Bandar Tropicana Aman, 42500 Telok Panglima Garang, Selangor
Permata Residence
No. BA-5-03, Permata Residence, Jalan Suria 7, Taman Suria, 43000 Kajang, Selangor
Mutiara Hilltop
No. A-10-7, Block A, Mutiara Hilltop, Jalan Mutiara 2, Taman Mutiara Indah, 47160 Puchong, Selangor
Sri Putramas II
No. B1-25-06, Sri Putramas II, Jalan Putramas, 51200 Kuala Lumpur
Tower C
No. C1507, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000, Cyberjaya, Selangor
Pangsapuri D'Rimba
No. G-G-03A, Pangsapuri D'Rimba, No. 11, Jalan Kenyalang 11/14, Kota Damansara, 47810 Petaling Jaya, Selangor
Vista Hijauan
No. A-19-8, Blok A, Vista Hijauan, Persiaran Sungai Long 2, Bandar Sungai Long, 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.