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.
Residensi Bintang Bukit Jalil
No. 1-23-06, Residensi Bintang Bukit Jalil, Jalan Jalil Impian, Bukit Jalil, 57000 Kuala Lumpur
Casa Vista Condominium
No. 17A-4-1, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
Casa Vista Condominium
No. 17A-4-2, Casa Vista Condominium, No. 17, Jalan Kapas, 59100 Bangsar, Kuala Lumpur
280 Park Homes
No. D-1-8, 280 Park Homes, Jalan Prima Utama 3, Taman Puchong Prima, 47150 Puchong, Selangor
Maisson Residence
No. B3-09-06, Blok B3, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301, Petaling Jaya, Selangor
Paragon 3
No. M3-13-9, Paragon 3, Persiaran Lestari Perdana,Taman Lestari Putra, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Residensi Emerald Damai
No. B-15-11, Residensi Emerald Damai (Emerald Hills), Jalan 6/154D, Taman Desa Cheras, 56000 Kuala Lumpur
Residensi Bliss
No. B-22-07, Residensi Bliss, Pusat Perniagaan Metacity, Jalan Atmosphere Utama 2, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Gardenview Residence
No. A-8-8, Block A, Gardenview Residence, Persiaran Ceria, Cyber 12, 63000 Cyberjaya, Selangor
Menara Eclipse 1
No. ET1-22-01, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Residensi Kamar Putra
No. 29-11, Residensi Kamar Putra (Chambers Residence), No.2A, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Residensi Riverville
No. B-22-10, Block B, Residensi Riverville, Jalan Taman Sri Sentosa, Taman Seri Sentosa, 58000 Kuala Lumpur
Apartment Servis J Dupion
No. B-26-05, Apartment Servis J Dupion, Jalan Sembilang, 56000 Kuala Lumpur
Residensi Kosmos
No. 22-08, Residensi Kosmos, Sentral Damansara, Jalan PJU 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Pangsapuri Berkeley Avenue
No. C-24-06, Block C, Pangsapuri Berkeley Avenue (A), Jalan Tampin 1/KU01, 41400 Klang, Selangor
Emerald 9 Cheras
No. B-29-8, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Plaza KLTS
No. E-18-7, Plaza KLTS, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Residensi Legendview
No. C-9-15, Block C, Residensi Legendview, Jalan Setia Jaya, 48000 Rawang, Selangor
Tower B
No. B-52-03A, Tower B, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2, Kepong, 52100 Kuala Lumpur
Residensi Andes Ria
No. A-13A-03A, 13Ath Floor, Block A, Residensi Andes Ria, Jalan Mas 3, Bukit Jalil, 58200 Kuala Lumpur
22nd Floor
No. B-22-02, 22nd Floor, Block B, Astoria Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
PV 2 (On-Site Is Block A
No. A-9-2, PV 2 (On-Site Is Block A, PV 2 Platinum Hill), Jalan Taman Melati 1, Taman Melati Utama, 53100 Kuala Lumpur
Sri Putramas II Condominium
No. A2-13-01, Sri Putramas II Condominium, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Tower E
No. E-15-3A, Tower E, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 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 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.