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.
Desa Idaman
No. K-04-12, Desa Idaman, Jalan Prima Utama 1, Taman Puchong Prima, 47150, Puchong, Selangor
The Scott Garden SOHO
No. C-20-09, Tingkat 20, Blok C, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Pangsapuri Servis Brunsfield
No. 11-23, Tingkat 11, Pangsapuri Servis Brunsfield, No. 3, Jalan Yoga 13/42, Seksyen 13, 40100, Shah Alam, Selangor
Astoria Ampang
No. D-26-03, Astoria Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
Residensi Kenwingston Petaling
No. B-35-03, Block B, Residensi Kenwingston Petaling, Lebuhraya Besraya, Taman Salak Selatan, 57000 Kuala Lumpur
Residensi Amara
No. A-22-3A, Block A, Residensi Amara, Jalan Raintree Utama, Taman Raintree, 68100, Batu Caves, Selangor
Seasons Garden Residensi
No. C-35-2, Seasons Garden Residensi, Lot 7, No. 7, Jalan 1/27e, Seksyen 10, Wangsa Maju, 53300, Kuala Lumpur
Residensi Xtreme Meridian
No. D-06-02, Blok D, Residensi Xtreme Meridian, Taman Residensi Xtreme Meridian, 55000 Kuala Lumpur
One Equine Residency
No. C-12-10, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Laman Seri Harmoni
No. C-28-06, Laman Seri Harmoni (Lsh33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Verdi Residence
No. 02-30-02A, Block 2, Verdi Residence, Symphony Hills, Persiaran Bestari, Cyber 9, 63000 Cyberjaya, Selangor
Residensi Bukit Idaman
No. 3-18, Residensi Bukit Idaman, Jalan Idaman 2, Taman Cheras Idaman, 43000 Kajang, Selangor.
Bangi Gateway Service Apartment
No. A-15-07, Block A, Bangi Gateway Service Apartment, Jalan Gerbang, Wawasan 2, Seksyen 15, 43650 Bandar Baru Bangi, Selangor
Sutera Pines
No. B-05-03, Block B, Sutera Pines, Jalan Sutera Pines, 43000 Kajang, Selangor
Residensi Pr1ma
No. B3-41-02, Block B3, Residensi Pr1ma, Persiaran Bistari, 56000, Alam Damai, Kuala Lumpur
Iris Residence
No. 06-09, Iris Residence, Jalan Kiara, Bandar Sungai Long, 43000 Kajang, Selangor
Tower B
No. B-08-13, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
The Scott Garden Soho
No. B-12-07, The Scott Garden Soho, Block B, Kompleks Rimbun Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
Pangsapuri Trifolia 1
No. C-07-13, Pangsapuri Trifolia 1, Jalan Samarinda 19A/KS07, Taman Saga, Kampung Jawa, 41000 Klang, Selangor
Armanee Condominium
No. B-5-15, Block B, Armanee Condominium, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
Residensi M Arisa Pelangi
No. B-47-03A, Residensi M Arisa Pelangi, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Pangsapuri Vista Sri Tanjung
No. B-5-03, Block B, Pangsapuri Vista Sri Tanjung, Jalan Sri Tanjung 17, Taman Sri Tanjung, 43500 Semenyih, Selangor
Westminster Park
No. D-9-3, Westminster Park, Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 52100 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 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.