5529 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.
Richmond Kiara 3
No. 11-01, Richmond Kiara 3, No. 29, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
PJ8 Service Suites
No. D-22-07, Block D, PJ8 Service Suites, No. 23, Jalan Barat, Seksyen 8, 46050 Petaling Jaya, Selangor
Windows On The Park
No. B-16-01, Tingkat 16, Block B, Windows On The Park, Jalan KPB 18, 43200, Kajang, Selangor
Wisma Q Titiwangsa
No. 2-3, Wisma Q Titiwangsa, Persiaran Titiwangsa 1, Off Jalan Pahang, 53000 Kuala Lumpur
Hampshire Residences
No. B-18-5, Block B, Hampshire Residences, No. 2A, Persiaran Hampshire, 50450 Kuala Lumpur
Tower A
No. A-11-5, Tower A, Mutiara Upper East Ampang Condominium, No. 39, Jalan 1/76E, Desa Pandan, 55100 Kuala Lumpur
Tower A
No. A-15-06, Tower A, Mercu Summer Suites, No. 8, Jalan Cendana, Off Jalan Sultan Ismail, 50250 Kuala Lumpur
Tower A
No. A-19-06, Tower A, Residensi Continew, No. 315, Jalan Tun Razak, 50400 Kuala Lumpur
Casa Kiara II Condominium
No. 3A-3, Casa Kiara II Condominium, No. 14, Jalan Kiara 5, Mont' Kiara, 50480 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. C-18-06, Residensi Vivo 9 Seputeh, Jalan Telok Datok, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Sembilan Cheras
No C2-01-01, Block C, Jalan Suria Residen, Residensi Sembilan Cheras, 43200 Cheras, Selangor
Kondo Casa Indah
No. D-G-8, Kondo Casa Indah, No.2A, Persiaran Surian, Damansara Indah, 47410 Petaling Jaya, Selangor
Damansara Foresta
No. C-35-02, Block C, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Inspirasi Mont’ Kiara
No. B-33A-9, Residensi Inspirasi Mont’ Kiara, No. 16, Jalan Kiara 4, Mont’ Kiara, 50480 Kuala Lumpur
Residensi Stellar 8 Sri Petaling
No. A-33-05, Residensi Stellar 8 Sri Petaling, No. 1, Jalan Naga Emas, Sri Petaling, 57000 Kuala Lumpur
Damansara Foresta
No. A-29-01, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Manjalara Timur
No. 25-10, Residensi Manjalara Timur (also known as East Parc), Jalan 7A/62A, Bandar Manjalara, 52200 Kuala Lumpur
Dedaun Sungai Besi
No. A-26-06, Dedaun Sungai Besi, No. 2, Jalan Hang Tuah 2, Taman Salak Selatan, 57100 Kuala Lumpur
Residensi Duta Park
No. A-38-01, Block A, Residensi Duta Park, No. 11, Jalan Kuching, 51200 Kuala Lumpur
Residensi Alstonia
No. A-10-3A, Blok A, Residensi Alstonia, Jalan Kiara Sungai Long, Bandar Sungai Long, 43000 Kajang, Selangor
Royal Tower
No. 19-1-4, Royal Tower, Mont' Kiara Palma, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
PJ Midtown
No. B-27-02, PJ Midtown, Jalan Kemajuan, Seksyen 13, 46200 Petaling Jaya, Selangor
Menara 2
No. M2-25-3, Menara 2, Seri Melawati (also known as Serini Melawati), Jalan Melawati 1, Taman Melawati, 53100 Kuala Lumpur
Kiara Park Condominium
No. A6-1, Block A, Kiara Park Condominium, Taman Tun Dr Ismail, 60000 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 5529 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.