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.
Anjung Villa Condominium
No. A-1-11, Anjung Villa Condominium, No. 47, Jalan 1/48A, Sentul Perdana, Bandar Baru Sentul, 51000 Kuala Lumpur
Edusentral
No. S-26-03, Block S, Edusentral, No. 1, Jalan Setia Murni U 13/51, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Kenwingston Platz
No. C-31-07, Kenwingston Platz, No. 81, Jalan Gombak, 53000 Kuala Lumpur
I-City
No. D-14-02, Parisien , 2, Persiaran Multimedia, I-City, Seksyen 7, Shah Alam, 40000 Shah Alam, Selangor
Tower 4
No. T4-01-08, Tower 4, Lakefront Residence, Persiaran Semarak Api, Cyber 11, 63000 Cyberjaya, Selangor
Residensi Suasana @ Damai
No. B-9-7, Residensi Suasana @ Damai, Jalan PJU 10/1, Damansara Damai, 47830, Petaling Jaya, Selangor
KLTS
No. A-33A-7, KLTS, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Pangsapuri Elaeis 2
No. 03-05, Block 19, Pangsapuri Elaeis 2, Jalan Bait U8/1, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Green Acre Park Kondo
No. A1-3-1, Block A1, Green Acre Park Kondo, Bandar Sungai Long, 43000, Kajang, Selangor
Garden Park Condominium
No. B-9-2, Block B, Garden Park Condominium, Bandar Sungai Long, 43000 Kajang, Selangor
Pangsapuri Nadayu 801
No. E-08-03, Block E, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
Residensi Damai
No. 8-11, Residensi Damai, Jalan Damai, Bandar Teknologi Kajang, 43500 Semenyih, Selangor
Endah Regal Condominium
No. B-1-9, Endah Regal Condominium, Blok B, Jalan 3/149E, Taman Sri Endah, 57100 Kuala Lumpur
Green Acre Park Kondominium
No. A1-2-6, Blok A1, Green Acre Park Kondominium, Bandar Sungai Long (R/Pangsa), 43000, Kajang, Selangor
Palm Spring @ Damansara
No. F-1705, Block F, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Pangsapuri Kasuarina
No. D-3-11, Pangsapuri Kasuarina, Persiaran Kasuarina/KS6, Bandar Botanik, 41200, Klang, Selangor
Green Acre Park Kondo
No. A7-8-5, Block A7, Green Acre Park Kondo, Bandar Sungai Long, 43000 Kajang, Selangor
Endah Ria Kondominium
No. C-5-12 Block C, Endah Ria Kondominium, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Masreca 19
No. B-GF-06, Blok B, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Third Avenue
No. T2-23A-13A, Block T2, Third Avenue, Jalan Teknokrat 3, Cyber 4, 68000 Sepang, Selangor
Pangsapuri Damai
No. C-7-7, Pangsapuri Damai, Jalan Tokoh 25/28, Taman Sri Muda, Section 25, 40400 Shah Alam, Selangor
Landmark Residence 2
No. B-29-05, Landmark Residence 2, Landmark Residences, 43000 Kajang, Selangor
Maple Residence
No. C-06-3A, 6th Floor, Block C, Maple Residence, Jalan Bestari 7/KS09, 41200 Klang, Selangor
Residensi Bandar Razak
No. C1-11-11, Block C1, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 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.