5260 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.
Residensi Inspirasi Mont’ Kiara
No. A-19-3A, Block A, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur.
Tower B
No. B-38-02, Tower B, Residensi Sentral Kuchai, No. 2B, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Tower 1
No. 13A-13A, Tower 1, Skypod Residences, Persiaran Puchong Jaya Selatan, Bandar Puchong Jaya, 47100 Puchong, Selangor
Residensi Vyne Sungai Besi
No. C-08-08, Block C, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Green Residence
No. B-20-2, Green Residence, Jalan Sayang 1, 43200 Cheras, Selangor
Residensi Sentral Kuchai
No B-21-02, Block B, Residensi Sentral Kuchai, Jalan Kuchai Maju 9, Taman Kuchai Jaya, 58200 Kuala Lumpur
Nova Saujana
No. B-12-1, Block B, Nova Saujana, Jalan Lapangan Terbang Subang, Bandar Saujana, Seksyen U2, 40150 Shah Alam, Selangor
Residensi AVA
No. B-08-06, Residensi AVA, Kiara Bay, No. 1, Jalan Benteng Utara, Kepong, 52000 Kuala Lumpur.
Wisma Infinitum
No. A-33-13A, Wisma Infinitum, No. 18, Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
Residensi KM1 - Blok B
No. B-03A-01, Residensi KM1 (West)- Blok B, Jalan Jalil Perkasa 1, 57000 Bukit Jalil, Kuala Lumpur
Pantai Sentral
No. 37-7, No. 6, Jalan Pantai Murni 7, Pantai Sentral, Residensi Pantai Sentral 1, 59200 Kuala Lumpur
Residensi Dana 15
No. A-13-06, Residensi Dana 15 ( AraTre'), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Hartamas Regency 2
No A-3A-2, Hartamas Regency 2, No 2 Jalan Duta Hartamas, Sri Hartamas, 50480 Kuala Lumpur
Amaya Saujana
No. 3-3-5, Block 3, Amaya Saujana, Bandar Saujana, Persiaran Golf Shah Alam, 40150 Shah Alam, Selangor
Pangsapuri Richmond Kiara 3
No. 13A-1, 14th Floor, Pangsapuri Richmond Kiara 3, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
The Parque Residences
No. B-03-03, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Damansara Foresta
No. A-29-02, Block A, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Armani Petaling
No. A-19-5, Block A, Residensi Armani Petaling, No. 10, Jalan Mandarina Damai 1, Bukit Mandarina 56000 Kuala Lumpur
Tower B
No. B1-15-2, Tower B, MyHabitat, No. 3, Jalan Aman, Off Jalan Tun Razak, 55000 Kuala Lumpur
Residensi Pano
No. B-09-07, Residensi Pano, 556, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Pavilion
No. A-23-3A, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100 Puchong, Selangor
188 Suites (on-site is Tower Two
No. B-20-01, 188 Suites (on-site is Tower Two, Sfera Residence), Jalan Chendana, 50250 Kuala Lumpur.
Sunway Artessa
No. 32-03, Sunway Artessa, Jalan Seri Wangsa 2, Taman Sri Rampai, Wangsa Maju, 53300 Kuala Lumpur
Kondominium Royalle
No. 20-02, Kondominium Royalle, Jalan 3/61, Bukit Segambut, 51200 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 5260 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.