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.
Pangsapuri Damai Vista
No. A-12-08, Blok A, Pangsapuri Damai Vista, Jalan Damai Perdana 1/1, Bandar Damai Perdana, 56000 Kuala Lumpur
T-Parkland
No. 15-10-B, T-Parkland, Persiaran Bukit Takun 2, Perangsang Templer Golf, 48000 Rawang, Selangor
Residensi Bukit Tiara
No. A-14-19, Block A, Residensi Bukit Tiara, Jalan Karunmas 10, 43300 Seri Kembangan, Selangor
Residensi Suasana @ Damai
No. B-03-09, Block B, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Tower 2
No. ET2-26-10, Tower 2, Menara Eclipse 2, Persiaran Multimedia Cyber 11, 63000 Cyberjaya, Selangor
Residensi 280
No. 18-19, Residensi 280, 68100 Batu Caves, Selangor
Diamond Residences
No. A-9-1, Diamond Residences, No. 5, Jalan 4/50, Off Jalan Gombak, Kuala Lumpur
The Scott Garden
No. C-12-20, The Scott Garden, Soho Block C, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000 Kuala Lumpur
Putra Majestik
No. A-17-6, Block A, Putra Majestik, Jalan Kasipillay, 51200 Kuala Lumpur
Vista Harmoni
No. B-3A-23, Block B, Vista Harmoni, Jalan 18/144a, Taman Bukit Cheras, 56000 Kuala Lumpur
Residensi Hijauan
No. B2-03-09, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Pangsapuri Berkeley Avenue
No. A-30-01, Pangsapuri Berkeley Avenue (A) (Uptown Residences), Jalan Tampin 1/KU1, Off Jalan Goh Hock Huat, 41400 Klang, Selangor
Residensi Sembilan Cheras
No. A-15-09, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Medan Putra Condominium
No. A-1-8, Medan Putra Condominium, No. 5, Jalan Medan Putra 2 (2/62D), 52200 Bandar Menjalara, Kuala Lumpur
Faber Heights Condominium
No. 80-7-3, Blok B, Faber Heights Condominium, Jalan Desa Utama, Taman Desa, 58100 Kuala Lumpur
Tower B
No. B-22-15, Tower B, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Meta Residence
No. A-24-06, Meta Residence, Tower A, Jalan Atmosphere Utama 2, Meta City, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Tower C
No. C0307, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Tower C
No. C03A06, Tower C, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Palm Spring @ Damansara
No. D-1108, Block D, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Suria Jaya
No. 13A-09, Suria Jaya, Jalan Padang Jawa, Seksyen 16, 40200 Shah Alam, Selangor
Damansara Villa
No. 203, Damansara Villa, Lot 1092, Jalan SS23/1A (Jalan Jenjarom), Taman SEA, 47400 Petaling Jaya, Selangor
Residensi Xtreme Meridian
No. C-13A-03, Residensi Xtreme Meridian (also known as Astoria Ampang), Jalan Bemban, 55000 Kuala Lumpur
Residensi Xtreme Meridian
No. C-16-03, Blok C, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 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.