5576 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 Dana 15
No. A-13-06, Residensi Dana 15 ( AraTre'), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Hartamas Regency 2
No A-3A-2, Hartamas Regency 2, No 2 Jalan Duta Hartamas, Sri Hartamas, 50480 Kuala Lumpur
Amaya Saujana
No. 3-3-5, Block 3, Amaya Saujana, Bandar Saujana, Persiaran Golf Shah Alam, 40150 Shah Alam, Selangor
Pangsapuri Richmond Kiara 3
No. 13A-1, 14th Floor, Pangsapuri Richmond Kiara 3, Jalan Kiara 3, Mont Kiara, 51200 Kuala Lumpur
The Parque Residences
No. B-03-03, The Parque Residences, Jalan Eco Santuari 3/1, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Damansara Foresta
No. A-29-02, Block A, Damansara Foresta (Fasa 1), Persiaran Meranti, Bandar Sri Damansara, PJU 9, 52200 Kuala Lumpur
Residensi Armani Petaling
No. A-19-5, Block A, Residensi Armani Petaling, No. 10, Jalan Mandarina Damai 1, Bukit Mandarina 56000 Kuala Lumpur
Tower B
No. B1-15-2, Tower B, MyHabitat, No. 3, Jalan Aman, Off Jalan Tun Razak, 55000 Kuala Lumpur
Residensi Pano
No. B-09-07, Residensi Pano, 556, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Pavilion
No. A-23-3A, Pavilion, Jalan Puteri 7/13, Bandar Puteri, 47100 Puchong, Selangor
Kompleks Otomobil
No. 44G, Blok 8, Kompleks Otomobil, Jalan Pahat H 15/h, Seksyen 15, 40200, Shah Alam, Selangor
188 Suites (on-site is Tower Two
No. B-20-01, 188 Suites (on-site is Tower Two, Sfera Residence), Jalan Chendana, 50250 Kuala Lumpur.
Sunway Artessa
No. 32-03, Sunway Artessa, Jalan Seri Wangsa 2, Taman Sri Rampai, Wangsa Maju, 53300 Kuala Lumpur
Residensi Dedaun Mas
No. B-16-09, Residensi Dedaun Mas, No. 411, Jalan Klang Lama, 58000 Kuala Lumpur.
Sunway Velocity Two
No. B-15-08, Sunway Velocity Two, No. 158, Jalan Peel, 55100 Kuala Lumpur
Idaman Robertson 2
No. S-13-11, Idaman Robertson 2, Jalan Robertson, 50150 Kuala Lumpur
Amaya Maluri
No. 5-08, Amaya Maluri, Jalan Jejaka 2, 55100 Kuala Lumpur
Residensi The Address II
No. C-10-03, Residensi The Address II, Jalan Desa Bakti 2, Taman Desa, 58100 Kuala Lumpur
Residensi Sembilan Cheras
No. A-05-08, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Opal Residensi
No. C-P3-4, Opal Residensi, Jalan Baiduri Bulan 7/28, Seksyen 7, 40000 Shah Alam, Selangor
Residensi Bayan Desa Petaling
No. C-13-02, Block C, Residensi Bayan Desa Petaling, No. 22A, Jalan 2/125, Desa Petaling, 57100 Kuala Lumpur
Millerz Square
No. C-30-10, Millerz Square, No. 357, Jalan Kelang Lama, 58000 Kuala Lumpur
Tower D
No. D-33A-07, Tower D, The Era @ Duta North (Residensi Era), No. 208, Jalan Segambut, 51200 Kuala Lumpur
Residensi Skyline
No. A-27-05, Residensi Skyline, Jalan San Peng, 55200 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 5576 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.