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.
Villa Wangsamas Condominium
No. D-15-3A, Villa Wangsamas Condominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Residensi Lakeville
No. B-3A-02, Block B, Residensi Lakeville, Jalan Sibu, Taman Wahyu, 68100 Kuala Lumpur
Residensi Armani Bukit Lanjan
No. 32-1, Residensi Armani Bukit Lanjan, No. 57, Jalan Bukit Lanjan, Kampung Sungai Penchala, 60000 Kuala Lumpur
Laman Seri Harmoni
No. C-26-02, Laman Seri Harmoni (LSH33), No. 3, Jalan Batu Muda Tambahan 3, Sentul, 51100 Kuala Lumpur
Residensi Mizumi
No. E-09-05, Residensi Mizumi, No. 3, Persiaran Metro Perdana, Taman Metropolitan Kepong, 52100 Kuala Lumpur
Residensi Bandar Razak
No. D4-32-3A, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
One Equine Residency
No. B-04-01, One Equine Residency, Persiaran Akademi Perdana, Taman Equine, 43300 Seri Kembangan, Selangor
Pangsapuri Koi Kinrara
No. B-09-07, Pangsapuri Koi Kinrara, Jalan Pipit, Bukit Tandang, 47190 Puchong, Selangor
Residensi Hijauan
No. A1-14-03A, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A2-14-09, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Hijauan
No. A1-17-08, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Damai Meriah - The Zizz
No. B-26-08, Block B, Residensi Damai Meriah - The Zizz, No. 2, Jalan PJU 10/1A, Damansara Damai, PJU 10, 47830 Petaling Jaya, Selangor
Nadayu 62
No. A-13-2, Block A, Nadayu 62, Jalan Melawati 8A, Taman Nadayu, 53100 Hulu Kelang, Selangor
Tropics @ Tropicana City
No. A9-1, Tropics @ Tropicana City, No. 3, Jalan SS 20/27, 47400 Petaling Jaya, Selangor
Seiring
No. A-14-01, Blok A, Seiring, Jalan Arimetrik U6/20, Seksyen U6, 40150 Shah Alam, Selangor
Intan Tower
No. N-02-03, Intan Tower, Maskiara Residences, No. 293, Jalan Datuk Sulaiman, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Maple Residences
No. B-10-01, Block B, Maple Residences, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Residensi Pasir Emas
No. B2-25-05, Residensi Pasir Emas, Jalan Kampung Pasir, Off Jalan Klang Lama, 58200 Kaula Lumpur
Residensi Vyne
No. D-16-03, Tingkat 16, Block D, Residensi Vyne, Jalan 1/108D, Sungai Besi, 57100 Kuala Lumpur
Residensi Permai Impian
No. A-23A-03, Residensi Permai Impian, No. 2A, Jalan Jalil 2, Bukit Jalil, 57000 Kuala Lumpur
Royal Regent
No. B-09-03, Block B, Royal Regent, Sri Putramas III, Jalan Putramas 2, Off Jalan Kuching, 51200 Kuala Lumpur
Condominium Casa Indah
No. C-3-3, Block C, Condominium Casa Indah, No. 2A, Persiaran Surian, Damansara Indah, 47410 Petaling Jaya, Selangor
Menara Duta 2
No. A-3A-4, Menara Duta 2, Jalan Dutamas Raya, Jaan 1/38B, 51200 Kuala Lumpur
Residensi Skysierra
No. C-07-01, 7th Floor, Block C, Residensi Skysierra (The Valley Residences), No. 12, Jalan Taman Setiawangsa, Taman Setiawangsa, 54200 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.