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.
Pangsapuri Bayu Sentul
No. A-21-7, Pangsapuri Bayu Sentul, Jalan Dato Senu 3, Taman Dato Senu, 51000 Kuala Lumpur
Residensi Vivo 9 Seputeh
No. A-23-05, Residensi Vivo 9 Seputeh, Off Jalan Klang Lama, 58000 Kuala Lumpur
Residensi Skyluxe
No. B-41-03A, Residensi Skyluxe, No. 6, Jalan Jalil Perkasa 1, Bukit Jalil, 57000 Kuala Lumpur.
Tower B
No. B-18-01, Tower B, Sensory Residence, Jalan Southville 1, Southville City, 43800 Dengkil, Selangor
Residensi Bandar Razak
No. A1-21-11, Block A1, Residensi Bandar Razak (RC Residences), Jalan Razak Mansion, Sungai Besi, 57100 Kuala Lumpur
Laman Scenaria Kiara
No. B-7-3A, Laman Scenaria Kiara, Jalan 6/38A, 51200 Kuala Lumpur
Residensi Unggul Kepong
No. B-13-17, Residensi Unggul Kepong, No. 5, Jalan Vista Mutiara 1, Kepong Baru, 52000 Kuala Lumpur
Tower C
No. C-06-02, Tower C, No. 289, The Scott Garden, Jalan Klang Lama, 58000, Kuala Lumpur
Sri Putramas II Condominium
No. B1-27-07, Block B1, Royal Domain, Sri Putramas II Condominium, No. 1, Jalan Putramas Off Jalan Kuching, 51200 Kuala Lumpur
Royal Domain
No. B2-35-02, Block B2, Royal Domain, Sri Putramas II, No. 1, Jalan Putramas, Off Jalan Kuching, 51200 Kuala Lumpur
Pelangi Utama
No. A-17-6, Block A, Pelangi Utama, Jalan Masjid, PJU 6A, 47400 Petaling Jaya, Selangor
Palm Spring @ Damansara
No. C-712, Block C, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Sri Tanjung Apartment
No. D403, Sri Tanjung Apartment, Jalan Bandar Puchong Jaya, Bandar Puchong Jaya, 47100, Puchong, Selangor
Pangsapuri Se Ruang
No. B-23A-07, Pangsapuri Se Ruang, Jalan Eco Santuari 8/3, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Palm Spring @ Damansara
No. C-318, PJU 3/29, Palm Spring @ Damansara, 47810, Petaling Jaya, Selangor
Menara Eclipse 1
No. ET1-38-07, Menara Eclipse 1, Persiaran Multimedia, Cyber 11, 63000 Cyberjaya, Selangor
Traders Garden
No. A-30-13, 30th Floor, Block A, Traders Garden (Formerly known as Residensi Cheras Selatan), Jalan Dataran Cheras 7, Balakong, 43200 Cheras, Selangor
Residensi Sembilan Cheras
No. A-07-3A, Block A, Residensi Sembilan Cheras, Jalan Suria Residen, 43200 Cheras, Selangor
Residensi Suasana @ Damai
No. C-07-03, Block C, Residensi Suasana @ Damai, No. 6, Jalan PJU 10/1, Damansara Damai, 47830 Petaling Jaya, Selangor
Pangsapuri Casa Subang
No. A-01-8, Pangsapuri Casa Subang, Jalan Subang 1, USJ 1, 47600, Subang Jaya, Selangor
Amaya Maluri
No. 19-10, Amaya Maluri, Jalan Jejaka 2, 55100 Kuala Lumpur
Centrum Residence
No. B-26-7, Centrum Residence, Taman Unipark Suria, 43000, Kajang, Selangor
Menara Yolo
No. 33-01, Menara Yolo, Jalan PJS 8/9, PJS 8, Bandar Sunway, 46150 Petaling Jaya, Selangor
Serin Residency
No. D-07-08, Blok D, Serin Residency, Cyber 9, 63000, Cyberjaya, 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.