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 Hijauan
No. B2-14-3A, Residensi Hijauan, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Dorsett Sri Hartamas
No. D-15-23, Residensi Dorsett Sri Hartamas, No. 63, Jalan Sri Hartamas 1, Sri Hartamas, 50480 Kuala Lumpur
Residensi Sembilan Cheras
No. A-23-06, Residensi Sembilan Cheras (9ine Sungai Putih Hill), Jalan Suria Residen, 43200 Cheras, Selangor
Emerald 9 Cheras
No. D-15-10, Block D, Emerald 9 Cheras, Persiaran Awana, 43200 Cheras, Selangor
Mirage
No. B2-02-05, Blok B, Mirage, Perdana Lakeview West Cyber 7, 63000, Cyberjaya, Selangor
Sunsuria Forum Residences
No. RS-13A-08, Sunsuria Forum Residences, Persiaran Multimedia, Seksyen 15, 63000 Cyberjaya, Selangor
Park Villa Condominium
No. A7-6, Park Villa Condominium, Jalan Pipit, Bandar Puchong Jaya, 47170 Puchong, Selangor
Residensi Dana 15
No. A-22-3A, Residensi Dana 15 (AraTre'), D15, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor
Savanna Seri Maya
No. D-31-02, Savanna Seri Maya, Dato Keramat Hujung, 54200, Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Residensi 1 Utara
No. B-30-02, Residensi 1 Utara, Jalan 1/2B, Off Jalan Ipoh, 68100 Kuala Lumpur
Endah Promenade-Blok C
No. C-9-2, Endah Promenade-Blok C, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Aseana Puteri Kondominium
No. B-11-04, Block B, Aseana Puteri Kondominium, Jalan Puteri 9/1, Bandar Puteri, 47100 Puchong, Selangor
Residensi Sembilan Cheras
No. A-19-05, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
M-City
No. 1-27-05, M-City, Jalan Ampang, 50450 Kuala Lumpur
Residensi Bennington
No. A-21-10, Residensi Bennington, Jalan Arena 1, Setapak, 53200 Kuala Lumpur
Central Residence @ Suria Sg Besi
No. B-9-13A, Central Residence @ Suria Sg Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi Bandar Razak
No. D2-23A-03, Residensi Bandar Razak, No. 1, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Kondominium Veo Melawati
No. A-17-6, 17th Floor, Block A, Kondominium Veo Melawati, No. 1, Jalan Melati Kuarza 2, KL Timur, 53100 Kuala Lumpur
Midfields Condominium
No. B2-20-2, Level 20, Block B2, Midfields Condominium, Sungai Besi, No. 3, Jalan Besi Kawi, Off Lebuhraya Sungai Besi, 57100 Kuala Lumpur
Sri Putramas II
No. B1-23-08, Block B1, Sri Putramas II, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Ativo Suites
No. A-17-6, Block A, Ativo Suites, No. 1, Jalan PJU 9/1, Damansara Avenue, Bandar Sri Damansara, 52200, Kuala Lumpur
Kondominium Sri Permata
No. 6-7-5, Kondominium Sri Permata, Jalan Sultan Salahuddin Abdul Aziz Shah 9/6, Seksyen 9, 40100 Shah Alam, Selangor
Puncak Sentul
No. B-33A-8, Block B, Puncak Sentul (Sentul Point), No. 8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Endah Promenade
No. C-18-03A, Endah Promenade, No. 5, Jalan 3/149E, Taman Sri Endah, 57000 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.