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.
Banjaria Court
No. B1-1-10, Block B1, Banjaria Court, Jalan Samudera Timur, Taman Samudera, 68100 Batu Caves, Selangor
Parklane Oug Service Apartment
No. E1-16-13, Parklane Oug Service Apartment, No 1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Pangsapuri Kita Sejati
No. KSA-20-18, Pangsapuri Kita Sejati, Persiaran Cybersouth Perdana, Cybersouth, 43800 Dengkil, Selangor
Residensi Adelia 4
No. D-29-04, Block D, Residensi Adelia 4, Jalan Persiaran Bangi Avenue 3, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi Adelia 3
No. A-15-14, Block A, Residensi Adelia 3, Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Residensi The Edge
No. 24-25, Residensi The Edge, Persiaran Subang Indah, USJ 1, Subang Jaya, Selangor
Residensi Mori Scientex Rawang
No. 35-15, Residensi Mori Scientex Rawang (Mori Residences), Taman Scientex Rawang, 48000 Rawang, Selangor
Residensi Adelia 3
No. D-11-9, Block D, Residensi Adelia 3, Jalan Persiaran Bangi Avenue 2, Taman Bangi Avenue, 43000 Kajang, Selangor
Desa Green Serviced Apartments
No. 2-22-9, Desa Green Serviced Apartments, (Kompleks Hijauan Desa), Jalan Desa Bakti, 58000 Kuala Lumpur
Residensi Bukit Tiara
No. A-10-22, Blok A, Residensi Bukit Tiara, Jalan Karunmas 10, Taman Desa Karunmas, 43300 Seri Kembangan, Selangor
Rimbun Sanctuary
No. A-01-05, Rimbun Sanctuary, Jalan Birai U8/54, Bukit Jelutong, Seksyen U8, 40150 Shah Alam, Selangor
BSP 21
No. C-01-05, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Pangsapuri Putra
No. A-9-12, Blok A, Jalan Putra Impian, Pangsapuri Putra, Taman Putra Impian, 43000 Kajang, Selangor
Residensi Meriah
No. D-19-6, Block D, Residensi Meriah (on-site Mirai Residence @ Kajang 2), Persiaran Kajang 2, Kajang 2, 43000 Kajang, Selangor
Pangsapuri Vista Danau Kota
No. 13A-09, Pangsapuri Vista Danau Kota, Jalan Danau Saujana 1, 53300 Setapak, Kuala Lumpur
Parklane Oug Service Apartment-Blok B2
No. B2-30-2, Parklane Oug Service Apartment-Blok B2, No.1, Jalan 1/152, Taman Oug Parklane, 58200 Kuala Lumpur
Residensi Semarak Platinum
No. A-08-03, Residensi Semarak Platinum, (On-Site Known As Platinum Splendor, Residensi Semarak), No. 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Residensi Awani 3
No. C-23A-10, Residensi Awani 3, Jalan Santuari 2, 53200 Setapak, Kuala Lumpur
Residensi Awani IV
No. A2-13-05, Residensi Awani IV, No. 6, Jalan Santuari Utama, Setapak, 53100 Kuala Lumpur
Tower 2
No 2-32-6, Tower 2, Residensi Opus, No 8, Jalan Talalla, 50460 Kuala Lumpur
Residensi Sembilan Cheras
No. C2-02-01, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi Tria Seputeh
No. A-29-09, Residensi Tria Seputeh, 9 Seputeh, No. 26, Jalan Telok Datok, Off Jalan Kelang Lama, 58000 Kuala Lumpur
Setia Sky Residences
No. A-30-3A, Setia Sky Residences, No. 76, Jln Raja Muda Abdul Aziz, Off Jln Tun Razak, 50300 Kuala Lumpur
Residensi Ampang Kiri
No. 42-2, Residensi Ampang Kiri, Jalan Ampang Kiri, 55000 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 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.