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 Vyne Sungai Besi
No. D-8-3A, 8th Floor, Block D, Residensi Vyne Sungai Besi, No. 8, Jalan 1/108D, 57100 Sungai Besi, Kuala Lumpur
Residensi M Luna
No. B-50-17, Residensi M Luna, No. 888, Jalan Lingkaran Tengah 2 (MRR2), 52100 Kepong, Kuala Lumpur
Royal Domain Sri Putramas II
No. B2-25-02, Block B2, Royal Domain Sri Putramas II, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Residensi Skysanctuary 1
No. B-09-07, Block B, Residensi Skysanctuary 1 (Edgewood Residences), No. 2, Jalan Santuari 1, Setapak, 53200 Kuala Lumpur
Kondominium Atmosfera
No. A-6-12, Kondominium Atmosfera, Jalan Pipit 4, Bandar Puchong Jaya, 47170 Puchong, Selangor
Uptown Residence
No. A-30-01, Uptown Residence, Jalan Tampin 1/KU1/ Off Jalan Goh Hock Huat, 41400 Klang, Selangor
Residensi Sembilan Cheras
No. A-12-07, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi 28
No. 32-5, Residensi 28, No. 33, Jalan Kasipillay, Off Jalan Ipoh, 51200 Kuala Lumpur
280 Park Homes
No. D-1-3, 280 Park Homes, Jalan Prima Utama 3, Taman Puchong Prima, 47150 Puchong, Selangor
38 Bidara Service Apartment
No. 17-13/A3, 38 Bidara Service Apartment, No. 30, Jalan Bedara, 50250 Kuala Lumpur
Trio
No. C-22-08, Block C, Trio, Jalan Langat/KS06, Bandar Bukit Tinggi, 41200 Klang, Selangor
Residensi M Arisa Pelangi
No. B-43-12, Residensi M Arisa Pelangi, No. 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur.
Residensi Bayu Gasing
No. 22-02, No. 56, Residensi Bayu Gasing, Jalan Kampung Pasir, Kampung Pasir, 52800 Kuala Lumpur
Residensi The Trees
No. A-28-5, Block A, Residensi The Trees, No. 55, Jalan Bukit Lanjan, Kampung Sungai Penchala, 60000 Kuala Lumpur
Desa Villa Condominium
No. 24-5-2, Block Begonia, Desa Villa Condominium, Jalan Bukit Desa 3, Taman Bukit Desa, 58100 Kuala Lumpur
Kondominium Lavista
No. C-13-01, Kondominium Lavista, Jalan Tempua 6, Bandar Puchong Jaya, 47100, Puchong, Selangor
Dataran Millenium PJ
No. B-12B-07, Dataran Millenium PJ, Jalan 14/1, 46100, Petaling Jaya, Selangor
BSP 21
No. H-10-18, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Villa Wangsamas Kondominium
No. E-16-8, Blok E, Villa Wangsamas Kondominium, Jalan Seri Wangsa 2, Wangsa Maju, 53300 Kuala Lumpur
Pangsapuri Puncak Mutiara
No. C-18-06, Block C, Pangsapuri Puncak Mutiara, Jalan Mutiara 2, Taman Mutiara Indah, 47100 Puchong, Selangor
Tower B
No. B-13A-10, Tower B, Residensi M Centura, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
D'Majestic Place
No. 17-08, D'Majestic Place, Jalan Pudu, 55100 Kuala Lumpur
Casa Villa Condominium
No. B-ph-11, Casa Villa Condominium, Jalan Berjaya Baru, Taman Berjaya Baru, 43000, Kajang, Selangor
Tulip Residensi
No. A-23-02, Tulip Residensi, No. 6, Persiaran Metafasa, Taman Bukit Subang, Seksyen U16, 40160 Shah Alam, Selangor
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.