5357 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.
Desa Idaman Ii
No. 71E, Jalan Dato Dagang 23, Desa Idaman Ii, 41200, Klang, Selangor
Eight Kinrara
No. A-24-3a, Eight Kinrara, Jalan Bk 5a/1, Bandar Kinrara, 47180, Puchong, Selangor
Taman M-Residensi 2
Premises No. 2, Jalan MR 2/5, Taman M-Residensi 2, 48020 Rawang, Selangor
Kuarza 16 Apartment
No. 06-03, Kuarza 16 Apartment, Jalan Melawati 7B, Taman Kuarza 16, 53100 Kuala Lumpur
Residential Suites Sunsuria Forum
No. RS-38-08, Residential Suites Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Setia Alam 40170 Shah Alam, Selangor
Residensi Kamar Putra
No. 27-03, Residensi Kamar Putra (Chambers Residence), No. 2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
The Scott Garden Soho
No. B-06-36, Block B, The Scott Garden Soho, No. 289, Jalan Klang Lama, Kompleks Rimbun Scott Garden, 58000, Kuala Lumpur
Residensi Piksel Permaisuri II
No. 13A-09, Residensi Piksel Permaisuri II (Nikka City Central), No. 2A, Jalan Sri Permaisuri 6, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Emporis
No. A-21-02, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810 Petaling Jaya, Selangor
Residential Suites Sunsuria Forum
No. RS-13-05, Residential Suites Sunsuria Forum, Jalan Setia Dagang AL U13/AL, Setia Alam, 40170 Shah Alam, Selangor
Mutiara Heights
No. 26-11, Oasis 2, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Residensi Riverville
No. A-26-08, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, 58000, Kuala Lumpur
Residensi M Oscar Petaling
No. N-10-3A, Residensi M Oscar Petaling, No. 2, Jalan Kesateria, Sri Petaling, 57100 Kuala Lumpur
Residensi M Vertika
No. E-13-12, Residensi M Vertika, No. 555, Jalan Cheras, 56000 Kuala Lumpur
Residensi Parkhill
No. D-31-13A, Residensi Parkhill, Lebuhraya Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Pangsapuri Nadayu 801
No. C-16-03, Block C, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Taman Subang Murni, 40150 Shah Alam, Selangor
Bayu Jalil
No. 08-02, Bayu Jalil (The Jalil), Jalan Persiaran Puncak Jalil, Taman Puncak Jalil, Bandar Putera Permai, 43300 Seri Kembangan, Selangor
Koi Prima
No. D-21-3, Koi Prima, Jalan Pinggiran Mas, Taman Mas Langat, 47130 Puchong, Selangor
Pusat Perniagaan Metacity
No. B-36-03, Residenci Bliss, Pusat Perniagaan Metacity, Jalan Atmosphere Utama 2, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Madu Mas Apartment
No. 06-06, 6th Floor, Madu Mas Apartment, Jalan Air Madu Off Jalan Air Panas, Setapak, 53200, Kuala Lumpur
Awana Puri Condominium
No. A-7-5, 7th Floor, Block A, Awana Puri Condominium, Jalan 15/119, Taman Mutiara Barat, 56000, Kuala Lumpur
Lake Haven Residence
No. A-16-5, Block A, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
D'Alamanda
No. A-10-03, D'Alamanda, Block A, Jalan Pudu Impian, Pudu Impian IV, 56100 Kuala Lumpur
Residensi Sembilan Cheras
No. A-23-09, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, 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 5357 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.