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.
Cyber 11
No. B3-2-7, Cyber 11, Cyberia Smarthomes B Cyberia, 63000, Cyberjaya, Selangor
Koi Tropika
No. A-06-01, Blok Asagi, Koi Tropika, Jalan Puchong Batu 13 1/2, 47100, Puchong, Selangor
Kenangan View Apartment
No. SB-02-08, Kenangan View Apartment, Jalan Bukit Kenangan, Taman Bukit Kenangan, 43000, Kajang, Selangor
Mentari Court
No. C-14-10, Blok C, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
Green Acre Park Condominium
No. A6-6-7, Block A6, Green Acre Park Condominium, Bandar Sungai Long, 43000, Kajang, Selangor
Koi Tropika
No. B-01-10, Blok Ogon, Jalan Puchong Batu 13 1/2, Koi Tropika, 47100, Puchong, Selangor
Danau Impian Condominium
No. 17-3-5, Block 17, Block Canary, Danau Impian Condominium, Jalan 3/109F, Taman Danau Desa, 58100 Kuala Lumpur
Menara A
No. A-L31-24, Menara A (Akasia), Youth City @ Vision City, Jalan Bandar Belia 1/1, Bandar Wawasan, Putra Nilai, 71800 Nilai, Negeri Sembilan
Kenanga Apartment
No. 6C-07-06, Blok C, Kenanga Apartment, Jalan Wawasan 2/3, Pusat Bandar Puchong, 47100, Puchong, Selangor
Residensi Laman Sari
No. A-30-7, Block A, Residensi Laman Sari, No. 50, Jalan Batu View, Taman Batu View, 68100 Kuala Lumpur
Sri Pelangi Condominium
No. 126-2-16, Blok 126, Sri Pelangi Condominium, Jalan Genting Kelang, Setapak, 53300 Kuala Lumpur
Ampang Tiga
No. A-41-07, Ampang Tiga, No. 6, Jalan Nipah, Ampang, 55000 Kuala Lumpur
Residensi PR1MA Alam Damai
No. B4-32-05 (on-site is Blok B4), Residensi PR1MA Alam Damai, No. 8, Persiaran Bistari Alam Damai Cheras, 56000 Kuala Lumpur
Saville D'Lake
No. 10-09, Saville D'Lake, Jalan Saville, 47130 Puchong, Selangor
Ivory Residence
No. B-21-08, 21st Floor, Block B, Ivory Residence, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
Glenview Villa
No. A5-13A, 5th Floor, Block A, Glenview Villa, Taman Pinggiran Cheras, Jalan 49, off Jalan Kuari, 68000 Ampang, Selangor
Pangsapuri Suria Perdana
No. B-8-5, Pangsapuri Suria Perdana, Taman Serdang Perdana, Seksyen 4, 43300, Seri Kembangan, Selangor
Pangsapuri Aronia
No. 2-12-9, Pangsapuri Aronia, Persiaran Delima 4/KS09, Bandar Parklands, 41200, Klang, Selangor
Green Acre Park Kondo
No. A-7-2-5, Blok A7, Jalan Sungai Long, Green Acre Park Kondo, 43000, Kajang, Selangor
Mentari Court
No. 26, 8, Mentari Court, Jalan PJS 8/9, Taman Seri Mentari, 46150 Petaling Jaya, Selangor
3rd Floor
No. F-03-02, 3rd Floor, Block F, Flora Damansara, No. 1, Jalan PJU 8/9, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Saujana Gombak
No. B-1-2, Pangsapuri Saujana Gombak, Jalan PGN 1B/1, Pinggiran Batu Caves, 68100, Batu Caves, Selangor
Glenview Villa
No. B13-03, Blok B, Glenview Villa, Taman Pinggiran Cheras, 68000, Ampang, Selangor
Pangsapuri Cassia
No. S01-16-06, Block S01, Pangsapuri Cassia, Jalan Ecohill 1/2, Setia Ecohill, 43500, Semenyih, 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.