5512 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.
Pangsapuri Sri Putra
No. B-06-03, Pangsapuri Sri Putra (also known as E Park Residences), Jalan SPM 8, 47000 Sungai Buloh, Selangor
Residensi Sembilan Cheras
No. A-19-06, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
1120 Park Avenue
No. B5-13-13A, Block B5, 1120 Park Avenue, No. 2A, Jalan PJS 1/52, Taman Petaling Utama, 46150 Petaling Jaya, Selangor
Residensi Sembilan Cheras
No. A-06-05, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Kondominium Sunway Sutera
No. C-803, Blok C, Kondominium Sunway Sutera, Jalan Tropicana Utara, Sunway Damansara, 47810, Petaling Jaya, Selangor
Casa Damansara 2
No. A-206, Casa Damansara 2, No. 219, Jalan SS 2/72, 47300 Petaling Jaya, Selangor
Pusat Bandar Puchong
No. R3-16-11, Blok R3, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor
Louvre Residence
No. 15-07, Louvre Residence, Lebuhraya Silk 43000 Kajang Selangor
Residensi Arun Kepong
No. A-15-3A, Residensi Arun Kepong, No. 187, Pintasan Segambut, 52000 Kuala Lumpur
Desa Green Serviced Apartments
No. 2-23-12, Desa Green Serviced Apartments, (Kompleks Hijauan Desa), No 85, Jalan Desa Bakti, 58000 Kuala Lumpur
Residensi Baron
No. A-18-01, Residensi Baron, No. 106, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Residensi Mizumi
No. E-33A-08, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100, Kuala Lumpur
RC Residences
No. D2-13A-3A, Block D2, RC Residences (Also Known As Residensi Bandar Razak), No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur.
KL Traders Square
No. C-09-05, 9th Floor, Block C, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Bandar Razak
No. A4-17-09, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Residensi Bandar Razak
No. D1-12-12, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
KL Traders Square
No. C-20-03A, 20th Floor, Block C, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
The Annex @ Medan Connaught
No. 13A-3, The Annex @ Medan Connaught, Jalan 3/144A, 56000 Kuala Lumpur
288 Residensi
No. 19-03, 288 Residensi, No. 6, Jalan Semarak Api, Off Jalan Gombak, Setapak, 53000 Kuala Lumpur
Puncak Sentul
No. B-27-3A, Block B, Puncak Sentul (Formerly Known As Sentul Point), No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Ekocheras
No. J-22-07, Ekocheras, No. 693, Jalan Cheras, Batu 5, 56000 Kuala Lumpur
Residensi Ascenda
No. C-3-1, Residensi Ascenda, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Residensi Piksel Permaisuri II
No. 28-06, Residensi Piksel Permaisuri II, (Nikka City Sentral), No. 2A, Jalan Sri Permaisuri 6, Bandar Sri Permaisuri, 56000 Kuala Lumpur.
Residensi Bandar Razak
No. D4-42-3A, Block D4, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 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 5512 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.