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.
Residensi Hampton Damansara
No. B-29-10, 29th Floor, Block B, Residensi Hampton Damansara, Persiaran Tecoma, Country Heights Damansara, 60000 Kuala Lumpur
Residensi Vyne
No. D-19-2, Residensi Vyne, No. 8, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
M-City
No. 3-33A-3A, 33Ath Floor, Block 3, M-City, No. 326, Jalan Ampang, 50450 Kuala Lumpur
Residensi Skysierra
No. B-27-03A, Residensi Skysierra, Jalan Taman Setiawangsa, 54200 Kuala Lumpur
Plaza KLTS
No. E-37-7, Plaza KLTS, No. 99, Jalan Gombak, Setapak, 53300 Kuala Lumpur
GCB Court
No. 332B-16D, GCB Court, Jalan Ampang, 50450 Kuala Lumpur
Residensi Minest
No. B-12-18, Block B, Residensi Minest, No. 62, Jalan Sinar Sentul 4, Sentul, 51000 Kuala Lumpur
Parklane OUG Services Apartment
No. D2-25-6, Block D2, Parklane OUG Services Apartment, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
D'Majestic Place
No. 17-13A, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
Verando Residence
No. B-27-15, Verando Residence, Jalan PJS 5/27, PJ Selatan Sentral, 46000 Petaling Jaya, Selangor
Residensi Maya Ara
No. A-17-02, Residensi Maya Ara, No. 1, Jalan PJU 1A/38, 47301 Ara Damansara, Selangor
Residensi Opal
No. B-33-01, Residensi Opal, Jalan Mutiara 2, Mutiara Heights, 43000 Kajang, Selangor
D'Sara Sentral
No. SB2-26-01, D'Sara Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Dsara Sentral @ Sungai Buloh Sentral
No. SB1-13A-8, Dsara Sentral @ Sungai Buloh Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Kondominium Eco Santuari
No. K-11-11, Blok K, Kondominium Eco Santuari, Jalan Eco Santuari 3/6, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Residensi Hampton Damansara
No. A-28-03, Block A, Residensi Hampton Damansara, No. 2, Persiaran Tecoma, Country Heights Damansara, 60000 Kuala Lumpur.
Tower A
No. A-26-01, Tower A, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
PV8 Platinum Hill Condominium
No. A-07-6, PV8 Platinum Hill Condominium, Block A, Jalan Melati Utama, Taman Melati Utama, 53100 Kuala Lumpur
Residensi Dana 15
No. B-26-02, Residensi Dana 15 (AraTre’), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
188 Suites
No. B-33A-3A, 188 Suites, No. 10, Jalan Cendana, 50250 Kuala Lumpur
Kondominium The Orion
No. 9-4, Kondominium The Orion, Jalan Tun Razak, 50400 Kuala Lumpur
10th Floor
No. A-10-9, 10th Floor, Block A, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Dsara Sentral
No. SB2-16-08, Dsara Sentral, Jalan Welfare, Kampung Baru Sungai Buloh, Seksyen U19, 40160 Shah Alam, Selangor
Megan Legasi @ Millerz Square
No. C-26-3A, Megan Legasi @ Millerz Square, No. 357, Jalan Kelang Lama, 58000 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.