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.
Residensi Idaman Awan
No. 20-08, Residensi Idaman Awan (The Arcuz), Jalan PJU 1A/4F, 47301 Petaling Jaya, Selangor
Residensi Ascenda
No. A-27-03A, Residensi Ascenda, No. 3, Jalan Arena 1, 53200 Setapak, Kuala Lumpur
Kasturi Idaman
No. KI-04-06, Kasturi Idaman, Jalan Pekaka 8/6, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor
Opal Residensi
No. B-10-03, Opal Residensi, Jalan Baiduri Bulan 7/28, Seksyen 7, 40000 Shah Alam, Selangor
Edelweiss SOFO
No. E1-33A-3, Edelweiss SOFO, Tropicana Gardens, No. 2A, Persiaran Surian, Tropicana Indah, 47810 Petaling Jaya, Selangor
Residensi M Astra
No. B-22-09, Residensi M Astra, No.1, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
Residensi Tun Razak
No. A-23A-7 (On-Site Tower A), Residensi Tun Razak (On-Site Tr Residence), No 83, Jalan Pekeliling Lama, 50400 Kuala Lumpur
Kl Traders Square
No. D-37-10, Block D, Kl Traders Square, No. 99, Jalan Gombak, Setapak, Kuala Lumpur
Radia Residence Bukit Jelutong
No. E-05-03, Block E, Radia Residence Bukit Jelutong, No. 3, Persiaran Singgahsana, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
Kondominium Eco Santuari
No. K-02-10 (Developer’s Parcel No. K-02-10), Blok K, Kondominium Eco Santuari, Jalan Eco Santuari 3/6, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Residensi Vista Sentul
No. B-32-07, Block B, Residensi Vista Sentul, No. 28, Jalan Sinar Sentul 4, Sentul, 51100 Kuala Lumpur
Residensi M Astra
No. A-17-12, Block A, Residensi M Astra, Jalan Usahawan 6, Setapak, 53200 Kuala Lumpur
D’Sini Residences
No. A-24-07, Block A, D’Sini Residences, No. 2, Jalan Setia Perdana AZ U13/AZ, Seksyen U13, Setia Alam, 40170 Shah Alam, Selangor
Flexis One South
No. A2-11-09, Flexis One South, Jalan OS 2, Taman Serdang Perdana, Seksyen 6, 43300 Seri Kembangan, Selangor
Residensi Bandar Razak
No. B1-19-07, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Park @ One South Jalan OS
No. D-16-05, Block D, Park @ One South Jalan OS, Taman Serdang Perdana Seksyen 6, Seri Kembangan 43300 Selangor
I-City
No. G-35-12, Block G, No. 3, Persiaran Multimedia, I-City, Seksyen 7, 40000 Shah Alam, Selangor
Seasons Garden Residensi
No. B-13-9, Residensi Lot 7, Jalan 1/27E, Seksyen 10, Wangsa Maju, 53300 Kuala Lumpur
Twin Residences
No. B-05-02, Blok B, Twin Residences, Jalan Pipit, Bukit Tandang, 47170 Puchong, Selangor
Pangsapuri D'Rimba
No. E-2-03, Pangsapuri D'Rimba, No. 11, Jalan Kenyalang 11/14, Kota Damansara, 47810, Petaling Jaya, Selangor
Residensi Hijauan
No. A2-15-03, Residensi Hijauan, No. 4, Jalan Budiman 22/3, Seksyen 22, 40300 Shah Alam, Selangor
Mirai Residence
No. A-17-6, Block A, Mirai Residence (Residensi Meriah), Persiaran Kajang 2, 43000 Kajang, Selangor
Desa Idaman
No. C-02-09, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
Kristal Heights 2
No. KH-10-05, Kristal Heights 2, Off Jalan Sg 9/8, Taman Sri Gombak, 68100, Batu Caves, 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.