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.
Lake Haven Residence
No. D-11-12, Lake Haven Residence, Jalan Putra Perdana 14, Taman Putra Perdana, 47100 Puchong, Selangor
Park Apartment
No. D-16-10, Tingkat 16, Block D, Park Apartment, One South, Jalan Os, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Medan Putra Condominium
No. B-2-7, Block B, Medan Putra Condominium, Jalan Medan Putra 2 ( Jalan 2/62d), Bandar Sri Menjalara, 52200, Kuala Lumpur
One Equine Residency
No. B-32-14, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Maple Residence
No. C-06-3A, 6th Floor, Block C, Maple Residence, Jalan Bestari 7/KS09, 41200 Klang, Selangor
Residensi Lux
No. A-21-12, Residensi Lux, Pusat Perniagaan Metacity, Jalan Atmosphere Utama 2, 43300 Seri Kembangan, Selangor
Endah Ria Kondominium
No. C-5-12 Block C, Endah Ria Kondominium, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Sutera Pines
No. B-02-01, Block B, Sutera Pines, Jalan Sutera Pines, 43000 Kajang, Selangor
Residensi Mutiara
No. A-11-02, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Cyberia Smarthomes A
No. A3-11-9, Cyberia Smarthomes A, Cyberia, Cyber 11, 63000 Cyberjaya, Selangor
Cyberia Smarthomes Condominium
No. A1-11-9, Block A1, Cyberia Smarthomes Condominium, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Mutiara VIlle
No. C-15-13, Mutiara VIlle, Persiaran Sepang, Cyber 11, 63000 Cyberjaya, Selangor
Pangsapuri Puncak Baiduri
No. B-7-02, Block B, Pangsapuri Puncak Baiduri, Jalan Puncak Baiduri, 43200, Cheras, Selangor
Sri Pelangi Condominium
No. 128-11-12, Block 128, Sri Pelangi Condominium, Jalan Genting Klang, Setapak, 53300 Kuala Lumpur
Parklane OUG Service Apartment
No. A2-7-3A, Block A2, Parklane OUG Service Apartment, No. 1, Jalan 1/52, Taman OUG Parklane, 58200 Kuala Lumpur.
Danau Murni Kondo
No. A-17-2, Blok Anggerik, Danau Murni Kondo, Jalan 1/109F, Taman Danau Desa, 58100 Kuala Lumpur
Pelangi Damansara
No. E-3A-11, Block E (Anggerik), Pelangi Damansara, PJU 6, Persiaran Surian, 47800, Petaling Jaya, Selangor
Savanna Executive Suites
No. C1-30-12, Savanna Executive Suites, Jalan Southville 2, Southville City, 43800 Dengkil, Selangor
Elite Apartment
No. E-3-13, Block E, Elite Apartment, Jalan Pinggiran Mas 2, Taman Mas Sepang, 47130 Puchong, Selangor
Menara A
No. AS-29-05, Menara A, City of Green, Jalan PBS 14/2, Section 13, Taman Bukit Serdang, 43300 Seri Kembangan, Selangor
Megan Setapak
No. 48-3-1, Megan Setapak, Jalan Megan Setapak 1, 53300 Kuala Lumpur
Residensi Rimbun Canopy Hills
No. A-11-31, Block A, Residensi Rimbun Canopy Hills, Jalan Zamrud Utama, Persiaran Kajang 2, 43000 Kajang, Selangor
Astrum Ampang
No. S-30-07, Astrum Ampang, Lorong Enggang 2, Taman Keramat, 54200 Kuala Lumpur
Wangsa Maju Seksyen 2
No. 202, Blok F4, Wangsa Maju Seksyen 2, 53300, 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 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.