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.
Desa Idaman
No. G-05-01, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
Pangsapuri Angsana
No. A-09-02, Block A, Pangsapuri Angsana, Taman Raintree, 68100 Batu Caves, Selangor
Flora Damansara
No. E-13A-03, Block E, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Residensi Estetika
No. B-25-07, Residensi Estetika, Jalan Dagang SB, The Mines Resort City, 43300 Seri Kembangan, Selangor
Mentari Court
No. A-11-08, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Park Apartment
No. D-16-10, Tingkat 16, Block D, Park Apartment, One South, Jalan Os, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Pangsapuri Sri Cempaka
No. B003, Block B, Pangsapuri Sri Cempaka, 47170, Puchong, Selangor
Tiara Duta
No. B-4-06, Block B, Tiara Duta, Persiaran Putra, Taman Putra Sulaiman, 68000, Ampang, Selangor
Koi Prima
No. B-16-01, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
20th Floor
No. I-20-12, 20th Floor, Block I, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Residensi Mutiara
No. A-22-15, Block A, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Sunway Sutera Condominium
No. C-102, Block C, Sunway Sutera Condominium, Jalan Tropicana Utara, Sunway Damansara, 47810 Petaling Jaya, Selangor
Sri Putramas II
No. A2-13-03, Block A2, Sri Putramas II, No. 1, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Hijauan
No. A1-07-03, 7th Floor, Block A1, Residensi Hijauan (The Greens), Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Pangsapuri Pinang Heights
No. 1-6-5, Pangsapuri Pinang Heights, Jalan Pinang Raja 18/2, Seksyen 18, 40200, Shah Alam, Selangor
I-City
No. H-35-06, Hill 10, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selango
Sri Bayu Apartment
No. A-15-01, 15th Floor, Block A, Sri Bayu Apartment, Jalan Pipit, Bandar Puchong Jaya, 47100 Puchong, Selangor
Selayang Height
No. G3-02-01, Andari Townvilla, Selayang Height, 68100 Batu Caves, Selangor
Menara Duta 2
No. B-13A-6, Menara Duta 2, Jalan Dutamas Raya, Segambut, 51200 Kuala Lumpur
20th Floor
No. A-20-11, 20th Floor, Block A, Damai Hillpark, Jalan Damai Perdana 6/1F, Bandar Damai Perdana, 56000 Cheras, Selangor
Sphere Damansara
No. C19-07, Blok C, Sphere Damansara, Jalan PJU 10/9, Prima Damansara, 47830 Petaling Jaya, Selangor
Vista Komanwel
No. A-13-4, Blok A, Vista Komanwel, Jalan Jalil Perkasa 19, Bukit Jalil, 57000 Kuala Lumpur
Residensi Dorsett Sri Hartamas
No. D-19-08, Residensi Dorsett Sri Hartamas, No. 63, Jalan Sri Hartamas 1, Taman Sri Hartamas, 50480 Kuala Lumpur
Regalia Service Apartment
No. B-20-07, Blok B, Regalia Service Apartment, Jalan Anjung Putra,, Off Jalan Sultan Ismail, 50250, 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.