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.
The Scott Garden Soho
No. C-12-13, Block C, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Menara Alpha Condominium
No. B-6-3, Menara Alpha Condominium, Jalan 4/27A, Wangsa Maju Seksyen 2, 53300 Kuala Lumpur
Apartment Abdullah Hukum 1
No. 88-11-03, Apartment Abdullah Hukum 1, Kampung Haji Abdullah Hukum, Off Jalan Bangsar, 59200 Kuala Lumpur
The Scott Garden Soho
No. B-12-28, Block B, The Scott Garden Soho, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Kepongmas
No. A-23A-17, Residensi Kepongmas, No. 7, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur.
Residensi Prima Alam Damai
No. B3-04-04, Residensi Prima Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Idaman Sutera Condominium
No. B-6-3, 6th Floor, Block B, Idaman Sutera Condominium, No.2, Jalan 13/21d, Medan Idaman, 53100 Kuala Lumpur
Residensi Pr1ma Alam Damai
No. B3-40-04, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Endah Regal Condominium
No. C-11-4, Blok C, Endah Regal Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
May Tower Service Apartment
No. 7-10-9, May Tower Service Apartment, No. 7 Jalan Munshi Abdullah, 50100 Kuala Lumpur
DK Impian
No. B-14-19, DK Impian, Jalan Uranus U5/125a, Subang Pelangi, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Suasana Aman
No. A-12-11, Residensi Suasana Aman, Jalan Cerdik, Taman Universiti, 43000 Kajang, Selangor
Pangsapuri Trifolia
No. B-07-16, 7th Floor, Block B, Pangsapuri Trifolia, Jalan Samarinda 19A/KS07, Taman Saga, Kampung Jawa, 41000 Klang, Selango
Prestige Residence
No. B-13-08, Prestige Residence, No. 1, Persiaran Lestari Perdana, Taman Lestari Perdana, 43300 Seri Kembangan, Selangor
D'Casa Condominium
No. A-3-03, D'Casa Condominium, Jalan Wawasan 1/10, Bandar Baru Ampang. 68000 Ampang, Selangor
Pangsapuri Danau Mas
No. 4-6-704, Pangsapuri Danau Mas, Jalan Platinum 7/58, Seksyen 7, 40000 Shah Alam, Selangor
Residensi PR1MA Kajang Utama
No. A-16-05, Blok A, Residensi PR1MA Kajang Utama, Jalan Seksyen 2/1, Taman Kajang Utama, 43000, Kajang, Selangor
Pangsapuri Angsana
No. A-12A-18, Block A, Pangsapuri Angsana, Jalan Raintree Utama, Taman Raintree, 68100 Batu Caves, Selangor
Kondominium Juta Mines
No. B-6-3A, Tingkat 6, Blok B, Kondominium Juta Mines, 43300, Seri Kembangan, Selangor
Pangsapuri Salvia
No. D2-4-3, Pangsapuri Salvia, Jalan Kenyalang 11/3, 47810 Petaling Jaya, Selangor
Menara A @ Bandar Belia
No. A-L28-06, Menara A (Akasia) @ Bandar Belia, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Simfoni Heights
No. E-25-18, Simfoni Heights, Jalan Medan Batu Caves, 68100, Batu Caves, Selangor
Pangsapuri Melodi Perdana
No. MPB-19-20, Pangsapuri Melodi Perdana, LBS Alam Perdana, Jalan Perdana 1, 42300 Bandar Puncak Alam, Selangor
591 Damansara SA
No. 10-9, 591 Damansara SA, No. 2, Jalan Perimbun 27/11, Seksyen 27, 40400 Shah Alam, Selangor
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.