5232 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.
Pangsapuri Akasa
No. B-26-9, Dua Puluh Enam (26), Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300, Seri Kembangan, Selangor
Kondominium Sierra 10
No. B-19-10, Blok B, Kondominium Sierra 10, Jalan Sierra 10/1, Bandar 16 Sierra, 47120, Puchong, Selangor
Vista Alam
No. S2-01-09, Vista Alam, No. 3, Presint 4.5, Jalan Ikhtisas 14/1, Seksyen 14, 40000 Shah Alam, Selangor
One Damansara
No. B-01-07, One Damansara, Jalan PJU 10/3C, Damansara Damai, 47830 Petaling Jaya, Selangor
Tower C
No. C-04-01, Tower C, Serin Residency, Jalan Fauna 1, Cyber 9, 63000 Cyberjaya, Selangor
You Residences
No. A-20-08, Block A, You Residences, Jalan Persiaran You City, 43200 Cheras, Selangor
D’Pines
No. B-01-01, D’Pines, Jalan Pandan Bersih, Taman Nirwana, 68000 Ampang, Selangor
X2 Residency
No. A-22-3A, Block A, X2 Residency, Jalan Putra Prima Utama, Taman Putra Prima, 47130 Puchong, Selangor
Residensi Kosmos
No. 08-05, Residensi Kosmos, Sentral Damansara, Jalan Pju 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Desa Impiana Condominium
No. 2D-01-21, Block 2D, Desa Impiana Condominium, Jalan Prima Utama 2, Taman Puchong Prima, 47150, Puchong, Selangor
A-3A-02
No, A-3A-02, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500, Telok Panglima Garang, Selangor
Pangsapuri Trio
No. A-15-12, Pangsapuri Trio, Jalan Langat/KS06, Bandar Bukit Tinggi, 41200 Klang, Selangor
Residensi Laville
No. C-23A-07, Block C, Residensi Laville, No. 5, Lorong Peel, Taman Maluri, Cheras, 55100 Kuala Lumpur
Residensi Altris
No. A-27-05, Residensi Altris, No. 3, Jalan Wangsa Kuarza, Wangsa Maju, 53300 Kuala Lumpur
Kuchai Avenue Block 1
No. 1-13A-13A, Kuchai Avenue Block 1, Jalan Kuchai Maju 3, Kuchai Entrepreneurs Park, 58200 Kuala Lumpur
Residensi Legenda
No. B-21-08, Block B, Residensi Legenda (Legend Heights @ Sri Segambut), No. 61, Jalan Udang Siar, Taman Sri Segambut, 52200 Kuala Lumpur
Wisma Infinitum
No. B-13-10, Wisma Infinitum, No. 18, Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur
City Garden Palm Villa Condominium
No. A11-6, Block A, City Garden Palm Villa Condominium, Jalan Cempaka 6, Taman Nirwana, 68000 Ampang, Selangor
Apartment Servis J. Dupion
No. B-37-02, Block B, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, 56000 Kuala Lumpur
Residensi SkyMeridien
No. A-23-11, Residensi SkyMeridien, No. 1, Jalan 1/48A, Sentul Timur, 51000 Kuala Lumpur
Pangsapuri Perkhidmatan Potpuri
No. F-13A-03A, Block F, Pangsapuri Perkhidmatan Potpuri, No. 2, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Menara A
No. A-23A-10, Menara A, Residensi Verando, Jalan PJS 5/27, PJ Selatan Sentral, 46000 Petaling Jaya, Selangor
Verdi Residence
No. 01-37-01, 37th Floor, Block 1, Verdi Residence, Symphony Hills, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Residensi Era
No. B-12-07, Residensi Era, No. 208, Jalan Segambut, 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 5232 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.