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.
Maisson Residence
No. B1-06-02, Maisson Residence, No. 6, Jalan PJU 1A/3, Ara Damansara, 47301, Petaling Jaya, Selangor
The Pano
No. B-15-06, The Pano, Batu 3 ½, Jalan Ipoh, 51200 Kuala Lumpur
Mira @ Shorea Park Residence 1
No. MA-09-02, Mira @ Shorea Park Residence 1, Jalan SP 1, Shorea Park, 47120 Puchong, Selangor
Residensi Hijauan
No. A1-08-06, Residensi Hijauan, No.4, Jalan Budiman 22/3, Seksyen 22, 40300, Shah Alam, Selangor
Residensi Lux
No. A-11-10, Residensi Lux (Meta Residence), Pusat Perniagaan Metacity, Jalan Atmosphere Utama 2, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Residensi Vista Sentul
No. B-43A-10, Residensi Vista Sentul, No. 28, Jalan Sinar Sentul 4, Sentul, 51100 Kuala Lumpur
Residensi Neksus Taman Pertama
No. 17-10, Residensi Neksus Taman Pertama, No. 1 Jalan Selangat, Cheras, 56100 Kuala Lumpur
Residensi Kenwingston Petaling
No. A-26-05, Block A, Residensi Kenwingston Petaling, No. 368, Lebuhraya Besraya, Salak Selatan, 57000 Kuala Lumpur
Central Residence @ Suria Sungai Besi
No. A-18-13A, Central Residence @ Suria Sungai Besi, No. 366, Jalan Sungai Besi, 57100 Kuala Lumpur
Residensi M Centura
No. B-17-09, Residensi M Centura, No. 17, Jalan Sentul Perdana, 51000 Setapak, Kuala Lumpur
Putra Villa Condominium
No. B-6-12, Block B, Putra Villa Condominium, Jalan Terminal Putra, Taman Melati, 53100 Kuala Lumpur
Residensi Majestic Maxim
No. A-32-07, Residensi Majestic Maxim, No. 45, Jalan 9, Taman Bukit Cheras, 56000 Kuala Lumpur
M City
No. 1-27-06, Block 1, M City, Jalan Ampang, 50450 Kuala Lumpur
Endah Puri Condominium
No. B-12-02, Endah Puri Condominium, Jalan 3/149E, Taman Sri Endah, 57000 Kuala Lumpur
Residensi M Oscar Petaling
No. N-23-3A, Residensi M Oscar Petaling, No. 2, Jalan Kesateria, Sri Petaling, 57100 Kuala Lumpur
The Scott Garden SOHO
No. C-20-09, Tingkat 20, Blok C, The Scott Garden SOHO, Kompleks Rimbun Scott Garden, 289, Jalan Klang Lama, 58000 Kuala Lumpur
Metropolitan Square
No. A-17-07, Block A, Metropolitan Square, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Pelangi Astana
No. PA-13A-11, Pelangi Astana, Jalan PJU 6, Persiaran Surian, Petaling Jaya, Selangor
Residensi Mh Platinum
No. 08-10, Residensi Mh Platinum, No. 2, Jalan Gombak Sejahtera, Off Jalan Gombak, Setapak, 53000, Kuala Lumpur
Emporis
No. B-23-12, Block B, Emporis, Persiaran Surian, Seksyen 3, Taman Sains Selangor 1, Kota Damansara, 47810, Petaling Jaya, Selangor
Residensi Heliks
No. A-03-09, Residensi Heliks, Jalan PJS 5/27, Pusat Dagangan Petaling Jaya Selatan, 46150 Petaling Jaya, Selangor
Pacific Place @ Ara Damansara
No. A-3A-15, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
Villa Scott Condominium
No. 33-13A-11, 13A Floor, Villa Scott Condominium, Jalan Scott, Brickfields, 50470 Kuala Lumpur
Residensi Puri Damai
No. B-45-3A, Residensi Puri Damai, Sentral Damansara, Jalan PJU 8/8B, Damansara Perdana, 47820 Petaling Jaya, 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.