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.
Armanee Condominium
No. B-5-15, Block B, Armanee Condominium, Jalan PJU 10/1C, PJU 10, Damansara Damai, 47830 Petaling Jaya, Selangor
12th Floor
No. B-12-9, 12th Floor, Block B, The Elements @ Ampang, Jalan Bemban, Off Jalan Ampang, 55000 Kuala Lumpur
Residensi Skysanctuary 1
No. A-12-03A, Residensi Skysanctuary 1, Jalan Santuari 1, 53200 Setapak, Kuala Lumpur
Residensi Bandar Razak
Blok D3-37-12, Residensi Bandar Razak, Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
PV 12 Platinum Lake Condominium
No. A-22-5, PV 12 Platinum Lake Condominium, Blok A, Jalan Langkawi, Setapak, 53300 Kuala Lumpur
Residensi Suria Garden @ Puchong
No. B-35-02, Block B, Residensi Suria Garden @ Puchong, Jalan Puchong Utama 2, Taman Puchong Utama, 47100 Puchong, Selangor
BSP 21
No. J-22-02, BSP 21, Persiaran Saujana Putra Utama, Bandar Saujana Putra, 42610 Jenjarom, Selangor
Flexis One South
No. A2-1-12, Flexis One South, Jalan Os 2, Taman Serdang Perdana, Seksyen 6, 43300, Seri Kembangan, Selangor
Maple Residence
No. A-22-11, 22nd Floor, Block A, Maple Residence, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Maple Residence
No. A-08-03, Block A, Maple Residence, Jalan Bestari 7/KS09, Bandar Bestari, 41200 Klang, Selangor
Avantas Residences
No. 15-06, Avantas Residences, No. 162, Jalan Klang Lama, 58000 Kuala Lumpur
Fortune Avenue
No. D-7-11, Fortune Avenue (Blok D), Jalan Metro Perdana 2, Taman Usahawan Kepong, Off Jalan Kepong, 52100 Kuala Lumpur
Residensi M Arisa Pelangi
No. A-53A-18, Residensi M Arisa Pelangi, No 6, Jalan Sentul Pelangi, 51000 Kuala Lumpur
Pangsapuri Bayu Sentul
No. A-13-3A, Pangsapuri Bayu Sentul, Jalan Dato Senu 3, Taman Dato Senu, 51000 Kuala Lumpur
Sri Putramas Condominium
No. D-G-10, Block D, Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur.
Residensi Semarak Platinum
No. B-17-07, Residensi Semarak Platinum, No. 4, Jalan Lestari, Kampung Padang Tembak, 54000 Kuala Lumpur
Residensi Nusantara Petaling
No. A-16-2, Residensi Nusantara Petaling, No. 1, Lengkok Sentosa, 58000 Kuala Lumpur
Pangsapuri Nadayu 801
No. E-18-08, Pangsapuri Nadayu 801, No. 1, Jalan Zuhrah U5/163, Subang Murni, Seksyen U5, 40150 Shah Alam, Selangor
The Scott Garden
No. B-18-17, 18th Floor, Block B, The Scott Garden, Kompleks Rimbun Scott Garden, No. 289, Jalan Klang Lama, 58000 Kuala Lumpur
X2 Residency
No. B-12-07, Block B, X2 Residency, Jalan Putra Prima Utama, Taman Putra Prima, 47130 Puchong, Selangor
Apartment Servis J. Dupion
No. B-10-02, Apartment Servis J. Dupion, No. 1, Jalan Sembilang, Taman Tenaga, 56000 Kuala Lumpur
Residensi Arena 1
No. A-13-01, Residensi Arena 1, Jalan Arena 1, Arena Warisan Puteri, Kota Warisan, 43900 Sepang, Selangor
Residensi M Centura
No. B-38-10, Residensi M Centura, No 17, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
V-Residensi
No. A-18-5, Block A, V-Residensi, Persiaran Selayang Height, 68100 Batu Caves, 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.