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.
Benteng 8
No. 22-06, Benteng 8, No. 439, Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Aradia
No. B-18-7, 18Th Floor, Block B, Residensi Aradia, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Residensi Altris
No. A-21-06, Residensi Altris, Jalan Wangsa Kuarza, 53300 Kuala Lumpur
Residensi Henge
No. E-21-01, Residensi Henge, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kuala Lumpur
Verdi Residence
No. 02-41-02, Block 2, Verdi Residence, Symphony Hills, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Azure Residensi
No. A-12-05, Azure Residensi, No. 1, Jalan SS7/26A, Kelana Jaya, 47301 Petaling Jaya, Selangor
Residensi Tiara Titiwangsa
No. A1-11-01, Residensi Tiara Titiwangsa (D’Brightton), No. 28, Jalan Tiara Titiwangsa, 53200 Kuala Lumpur.
Residensi Capers Sentul
No. A-22-1, Block A, Residensi Capers Sentul, Jalan Sentul Sejahtera, 51000 Kuala Lumpur.
Regalia Service Apartment Blok C
No. C-22-7A, Regalia Service Apartment Blok C, Jalan Anjung Putra, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Tower C
No. C-32-6, Tower C, Pacific Towers, Jalan 13/6, Section 13, 46200 Petaling Jaya, Selangor
Vue Residences
No. 08-06, Vue Residences, No. 102, Jalan Pahang, 53300 Kuala Lumpur
Residensi Trion 1
No. A-57-3A, 57th Floor, Block A, Trion @ KL, Residensi Trion 1, 55200 Sungai Besi, Kuala Lumpur
Residensi Riverville
No. A-22-11, Tingkat 22, Block A, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Residensi Kamar Putra
No 31-02, Level 31, Residensi Kamar Putra (Residensi Chambers), No 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Vivo
No. C-40-02, Residensi Vivo, 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Skysanctuary 1
No. A-19-03, Residensi Skysanctuary 1, No. 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Bukit Ampang Permai
No. A-09-08, Bukit Ampang Permai (Breza One Residency), 68000 Ampang, Selangor
Ativo Suites
No. A-40-1, Ativo Suites, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200 Bandar Sri Damansara, Kuala Lumpur
Royalle Condominium
No. 17-05, Royalle Condominium, No. 2B, Jalan 3/61, Off Jalan Segambut, 51200 Kuala Lumpur
You City
No. B-24-06, You 3, Jalan You City , You City, 43200 Cheras, Selangor
20th Floor
No. I-20-12, 20th Floor, Block I, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Residensi Hijauan Rimba
No. B-41-15, Residensi Hijauan Rimba, No.1, Jalan PJU 8/8B, Sentral Damansara PJU 8, 47820 Petaling Jaya, Selangor
Residensi Platinum Arena
No. B-35-08, Residensi Platinum Arena, No 116, Batu 5 1/2 Jalan Klang Lama, 58000 Kuala Lumpur
Gravit8
No. B2-11-05, Block B2, Gravit8, Jalan Bayu Laut/KS09, Kota Bayuemas, 41200 Klang, 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 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.