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 Riverville
No. B-25-05, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Gembira Residen Cond- Block A
No. A-11-6, Gembira Residen Cond- Block A, Jalan Senangria, Taman Gembira, 58200 Kuala Lumpur
Residensi Riverville
No. B-25-06, Residensi Riverville, No.6, Jalan Taman Seri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Skypod Residences
No. 23A-16 (24-16), Skypod Residences, Persiaran Puchong Jaya Selatan, Bandar Puchong Jaya, 47100 Puchong, Selangor
Casa Indah 2 Condominium
No. A-17-07, Block A, Casa Indah 2 Condominium, No. 2B, Persiaran Surian, Tropicana Resort Homes, PJU 3, Kota Damansara, 47810 Petaling Jaya, Selangor
Desa Putra Condominium
No. C-08-08, Block Andaman, Desa Putra Condominium, No. 4, Jalan Wangsa Perdana 3, Bandar Baru Wangsa Maju, 53300 Kuala Lumpur
Residensi Lakeville
No. B-27-02, Residensi Lakeville, No. 68, Jalan Sibu, Taman Wahyu, 68100 Batu Caves, Kuala Lumpur
Sri Ayu Apartment Taman Setiawangsa
No. 60-0-03, Jalan 14/55A, Sri Ayu Apartment Taman Setiawangsa, 54200 Kuala Lumpur
Axis Crown @ Axis Pandan
No. W-38-P03A, Axis Crown @ Axis Pandan, Taman Cempaka, 68000 Ampang, Selangor
H20 @ Ara Damansara
No. B-08-01, H20 @ Ara Damansara, No. 1, Jalan PJU 1A/3, Ara Damansara, 47301 Petaling Jaya, Selangor
Residensi Rimbunan
No. M1-01-01, Block M1, Residensi Rimbunan, Jalan Mahkota, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Emerald Residence
No. 1-09 (L1-09), Emerald Residence, Jalan Mutiara Cheras 1, 43200 Cheras, Selangor
Residensi Unio
No. B-13-05, 13Th Floor, Block B, Residensi Unio, No. 200, Jalan Kepong, Kepong, 52000 Kuala Lumpur
Platinum Lake Condominium
No. B-5-3 Block B Pv12, Platinum Lake Condominium, No 6 Jalan Langkawi, Taman Danau Kota, 53300, Kuala Lumpur
M Oscar Residence
No. S-38-05, M Oscar Residence, No. 2, Jalan Kesateria, Sri Petaling, 57100 Kuala Lumpur
Residensi 99
No. B-31-07, Block B, Residensi 99, No. 3, Jalan Seri Utara 3, 68100 Kuala Lumpur
Residensi Riverville
No. A-17-10, Residensi Riverville, No. 6, Jalan Taman Sri Sentosa, Taman Sri Sentosa, 58000 Kuala Lumpur
Green Residence
No. C-8-7, Block C, Jalan Sayang 1, Green Residence, Cheras 43200, Selangor
Residensi Aradia
No. C-18-06, Residensi Aradia, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Residensi Aradia
No. B-19-02, Residensi Aradia, No.102, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Kondominium Puncak Prima
No. B-4-5, Kondominium Puncak Prima, Jalan Sri Hartamas 17, Taman Sri Hartamas, 50480 Kuala Lumpur
Menara Inspirasi
No. A-27-08, Menara Inspirasi, No. 30, Jalan 1/65a, Off Jalan Tun Razak, 50400 Kuala Lumpur
Residensi Bennington
No. A-27-05, Block A, Residensi Bennington, No. 1, Jalan Arena 1, 53200 Setapak, Kuala Lumpur
Residensi Riana Dutamas 1
No. B-08-07, Block B, Residensi Riana Dutamas 1 (Savio), No. 346, Jalan Segambut, Segambut, 51200 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.