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.
Residensi Agile Delima
No. C-19-01, Residensi Agile Delima, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Residensi Agile Delima
No. C-12-01, Residensi Agile Delima, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Glomac Centro
No. 21-01, Glomac Centro, Jalan Teratai, PJU 6A, 47400 Petaling Jaya, Selangor
Midfields Condominium Sungai Besi
No. B2-20-1, Blok B2, Midfields Condominium Sungai Besi, Jalan Besi Kawi, Off Lebuhraya Sungai Besi 57100 Kuala Lumpur
Residensi Agile Delima
No. C-10-3A, Residensi Agile Delima, Jalan Delima, Bukit Bintang, 55100 Kuala Lumpur
Residensi Sembilan Cheras
No A-01-05, Block A, Jalan Suria Residen, Residensi Sembilan Cheras, 43200 Cheras, Selangor
IOI Resort City
No. CND-08-10, Block D, Conezion Residences, Persiaran IRC 3, IOI Resort City, 62505, Putrajaya, Sepang, Selangor
Menjalara 18
No. B-3A-3, Menjalara 18 (Block B), Lebuh Menjalara (Jalan 1/62B), Bandar Menjalara, 52200 Kuala Lumpur
Bayu Sejahtera
No. A2-07-10, Block A2, Bayu Sejahtera, Persiaran Bayu 2, 68000 Ampang, Selangor
Louvre Residence
No. 08-01, Louvre Residence, Country Heights, 43000 Kajang, Selangor
Residensi Herz
No. B-13-10, Residensi Herz, No. 2, Jalan 3/33A, Kepong Baru, 51200 Kuala Lumpur
Platinum OUG Residence
No. B-23-11, Platinum OUG Residence, No. 2, Jalan Jalil Muhibah, Kampung Muhibah, Bukit OUG, 58200 Kuala Lumpur
Residensi Estetika
No. B-18-02, Residensi Estetika (Astetica Residences), Jalan Dagang SB, The Mines Resort City, 43300 Seri Kembangan, Selangor
Pangsapuri Akasa
No. B-11-1, Pangsapuri Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor
Residensi Rumbia Permaisuri
No. B-33-03, Residensi Rumbia Permaisuri, Jalan Jelawat, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Menara B
No. B-23A-5, Menara B, Residensi Verando, Jalan PJS 5/27, PJ Selatan Sentral 46000, Petaling Jaya Selangor
Mutiara Heights
No. 12-09, Oasis 2, Jalan Mutiara 3, Mutiara Heights, 43000 Kajang, Selangor
Residensi Parkhill
No. C-32-03, Residensi Parkhill, Lebuhraya Bukit Jalil, 57000, Kuala Lumpur
Permata Residence
No. BB-11-10, Permata Residence, Jalan Suria 7, 43000 Kajang, Selangor
Tower A
No. A-18-16, Tower A, Amerin Residences, Persiaran Impian Indah, 43300 Seri Kembangan, Selangor
Tower E
No. E-41-13, Tower E (Sakura), Mizumi Residences (Residensi Mizumi Kepong), No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Kondominium Veo Melawati
No. A-17-6, 17th Floor, Block A, Kondominium Veo Melawati, No. 1, Jalan Melati Kuarza 2, KL Timur, 53100 Kuala Lumpur
Residensi Emerald Damai 2
No. C-20-03A, Residensi Emerald Damai 2, Jalan Cheras 10, Taman Desa Cheras, Cheras 56000 Kuala Lumpur
Residensi Dian II
No. 27-09, Tingkat 27, Residensi Dian II, Jalan Monfort, Seksyen U1, 40150 Shah Alam, 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 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.