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 Hijauan
No. A2-07-02, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Mirage
No. B2-08-02, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, Selangor
Menara B
No. BL-13-10, Menara B (Begonia), Youth City @ Vision City @ Bandar Belia, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Pertama Residensi
No. 11-03, Pertama Residensi, Jalan 3/92B, Taman Kobena, 56100 Cheras, Kuala Lumpur
Pangsapuri Bukit Awansari
No. 17-10-3, Tingkat 10, Pangsapuri Bukit Awansari (OG Court), No. 17, Jalan Awan Jawa, Taman Yarl, 58200 Kuala Lumpur
Platinum Lake Condominium
No. A-16-02, 16th Floor, Block A, PV10, Platinum Lake Condominium, Jalan Danau Saujana 2, Taman Danau Kota, 53300 Kuala Lumpur
Pangsapuri Akasia Residence
No. AR-16-09, Pangsapuri Akasia Residence, Jalan Kenanga 1/8, Taman Salak Perdana, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Mutiara Heights
No. A-02-06, Oasis 1, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Menara Menjalara
No. E-6-7, Block E, Menara Menjalara, Jalan 1/62B, Bandar Sri Menjalara, 52200 Kuala Lumpur
Angkasa Condominium
No. C-27-08, Block C, Angkasa Condominium, Jalan Puncak Gading, Taman Seri Cendekia, 56000 Kuala Lumpur
Residensi M Centura
No. A-13-03A, Residensi M Centura, No. 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Taman Sri Endah
No. 5-2-1, Jalan 3/149B, Taman Sri Endah, 57000,Sri Petaling, Kuala Lumpur
SD Courts Persiaran Kenanga
No. C-4-9, Block C, SD Courts Persiaran Kenanga, Bandar Sri Damansara, 52200 Petaling Jaya, Kuala Lumpur
Residensi Amara
No. D-16-01, Block D, Residensi Amara, Taman Raintree, 68100 Batu Caves, Selangor
Residensi Gaia
No. GS-13A-16, Residensi Gaia, Bandar Gamuda Garden, 48050 Rawang, Selangor
F-20-01
No, F-20-01, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
34th Floor
No. T3-33A-05, 34th Floor, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 Kuala Lumpur
Residensi 1 Utara
No. A-21-10, Block A, Residensi 1 Utara (Lakepark Residence @ KL North), Jalan 1/2B, Off Jalan Ipoh, Selayang, 68100 Kuala Lumpur.
Residensi Zamrud
No. C-11-17, Blok C, Jalan Zamrud 1, Residensi Zamrud, Sungai Tangkas, 43000 Kajang, Selangor
Residensi Vista Wirajaya
No. A-33A-19, Residensi Vista Wirajaya, Jalan 1/23e, Taman Melati, 53300, Kuala Lumpur
The Scott Garden
No. A-20-31, The Scott Garden (Kompleks Rimbun Scott), No. 289, Jalan Kelang Lama, 58100 Kuala Lumpur
Mentari Court
No. B-16-18, Blok B, Mentari Court, Jalan Pjs 8/9, Taman Seri Mentari, 46150, Petaling Jaya, Selangor
Pangsapuri Suria Perdana
No. B-20-2, Pangsapuri Suria Perdana, Taman Serdang Perdana Sek 4, 43300, Seri Kembangan, Selangor
Pangsapuri Putra
No. A-12-13, Block A, Pangsapuri Putra, Jalan Putra Impian, Taman Putra Impian, 43000, Kajang, 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.