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.
Vision Residence
No. B-2-6, 2nd Floor, Block B, Vision Residence, Jalan Puchong - Cyberjaya, 47120 Puchong, Selangor
Residensi Suasana @ Damai
No. C-16-09, Residensi Suasana @ Damai, Damansara Damai, 47830 Petaling Jaya, Selangor
Greenview Residence
No. A-20-3A, Blok A, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Residensi 99
No. A-50-03A, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Cengal Condominium
No. A-0-11, Block A, Cengal Condominium, Jalan Sri Permaisuri 3, 56000 Bandar Sri Permaisuri, Kuala Lumpur
Platinum Lake Condominium
No. 23-13A, PV16, Platinum Lake Condominium, No. 2, Jalan Danau Saujana, Off Jalan Genting Klang, 53300 Setapak, Kuala Lumpur
Vista Hijauan
No B-10-6, Vista Hijauan (Greenview Residence), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Greenview Residence
No. A-1-8, Blok A, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
V-Residensi 5
No. V-22-02, V-Residensi 5, KM 12, Jalan Ipoh-Rawang, 68100 Batu Caves, Selangor
Tower A
No. A-17-8, Tower A, Amerin Residence, Persiaran Taman Impian Indah, 43300 Seri Kembangan, Selangor
Putra Court
No. 10B-12A-2, Putra Court, Jalan Ipoh Kecil, 50350, Kuala Lumpur
Pangsapuri Kinrara Mas
No. A-18-15, Block A, Pangsapuri Kinrara Mas, Jalan Mas 1, Kinrara Mas, Bukit Jalil, 58200 Kuala Lumpur
Menara Simfoni
No. A-19-19, Menara Simfoni, Jalan Simfoni 2, Balakong, 43300, Seri Kembangan, Selangor
Silk Residence
No. 11-12, Jalan Sutera, Silk Residence, 43200, Cheras, Selangor
Forest Green Park Condominium
No. B3-4-2 Block B3, Forest Green Park Condominium, Jalan Sungai Long Batu 11 1/4, Jalan Cheras Bandar Sungai Long, 43000, Kajang, Selangor
Ixora Apartment
No. 7-9-4, Ixora Apartment, Jalan Tun Razak, 50400, Kuala Lumpur
PPA1M Metropolitan Kepong
No. B-30-18, PPA1M Metropolitan Kepong (MRR2), No. 886, Jalan Lingkaran Tengah 2 (MRR2),Керong, 52100 Kuala Lumpur.
Kondo Sunway Sutera
No. C-301, Block C, Kondo Sunway Sutera, Jalan Tropicana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Parklane OUG Service Apartment
No. D2-9-16, Block D2, Parklane OUG Service Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Pangsapuri Sri Jati II - Blok A
No. A-2-6, Pangsapuri Sri Jati II - Blok A, Jalan Seri Jati, Taman Sri Jati, 58200 Kuala Lumpur
Residensi Lot 7
No. D-28-11, Residensi Lot 7(On-Site Seasons Garden Residences), Jalan 1/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
The Scott Garden SOHO
No. B-06-33A, Blok B, The Scott Garden SOHO, Jalan Klang Lama, 58100 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-27-10, Block A, Central Residence @ Suria Sungai Besi, Jalan Sungai Besi, 57100 Kuala Lumpur
The Lumayan Apartment
No. B-10-19, Block B, The Lumayan Apartment, No. 12, Jalan Tasik Permaisuri 2, Bandar Tun Razak, 56000 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.