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.
You City 3
No. B-25-02, You City 3, Jalan You City, You City, 43200 Cheras, Selangor
Green Acre Park Kondo
No. A7-10-6, Block A7, Green Acre Park Kondo, Bandar Sungai Long, 43000 Kajang, Selangor
Casa Suites
No. D-8-02, Block D, Casa Suites, No. 1, Jalan SS 20/27, Damansara Intan, 47400, Petaling Jaya, Selangor
Greenview Residence
No. C-20-3, Block C, Greenview Residence (Vista Hijauan), Persiaran Sungai Long 2, Bandar Sungai Long, 43000, Kajang, Selangor
Menara C
No. C-03A-02, Menara C, City of Green, Jalan PBS 14/2, Seksyen 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Pangsapuri Sri Cempaka
No. A502, Blok A, Pangsapuri Sri Cempaka, Jalan Merbuk, Bandar Puchong Jaya, 47100 Puchong, Selangor
Pangsapuri East Lake
No. E-8-8, Blok E, Pangsapuri East Lake, Persiaran Serdang Perdana, Taman Serdang Perdana, Seksyen 3, 43300 Seri Kembangan, Selangor
Pangsapuri Akasia Residensi
No. 18-13, Pangsapuri Akasia Residensi, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
The Wharf Residence
No. 08-20-12, The Wharf Residence, Jalan Tasik Prima 6/2, Taman Tasik Prima, 47150 Puchong, Selangor
Central Residence @ Suria Sg. Besi
No. C-13A-06, Central Residence @ Suria Sg. Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
M Arisa Residences
No. A-36-06, M Arisa Residences, Jalan Sentul Pasar, 51000 Kuala Lumpur
Sri Putramas II
No. A1-20-2, Sri Putramas II, No. 1, Jalan Putramas, Jalan Kuching, 51200 Kuala Lumpur
Lakefront Residence
No. T3-10-06, Lakefront Residence, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Twin Residences
No. B-24-03, Block B, Twin Residences, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
The Scott Garden SOHO
No. B-06-30, 6th Floor, Block B, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Paradesa Tropica
No. C-702, Blok C, Paradesa Tropica, No. 9, Persiaran Meranti, PJU 9, Bandar Sri Damansara, 52200 Kuala Lumpur
Tower 1
No. T1-07-12, Tower 1, Lakefront Homes, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
The Scott Garden Soho
No. B-23A-29, 23Ath Floor, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Pelangi Damansara
No. D-19-12, 20, Blok D, (Dahlia), Pelangi Damansara, Persiaran Surian, PJU 6, 47800, Petaling Jaya, Selangor
Menara Penaga
No. B-10-05, Menara Penaga, Jalan Ariza, Taman Raintree, 68100, Batu Caves, Selangor
Platinum Splendor Residensi Semarak
No. A-32-19, Block A, Platinum Splendor Residensi Semarak (Residensi Semarak Platinum), No. 4, Jalan Lestari, Kampung Padang Tembak, 54100 Kuala Lumpur
Lake View Apartment
No. B-06-15, Block B, Lake View Apartment, Off Jalan Sungai Tua, Taman Jasa Perwira, 68100, Batu Caves, Selangor
Residensi Emas
No. A-32-15, Residensi Emas, Jalan Zamrud 2, Sungai Tangkas, 43000 Kajang, Selangor
Bayu Tasik 2 Condominium
No. B-20-3, Blok B, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 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.