19 Rumah Lelong Factory · Bank Auction Properties
Explore bank auction factory properties in Kuala Lumpur & Selangor with a moderate selection available through BidNest Auction. These lelong factories are often priced 10-40% below market value, making them an affordable entry point for industrial investors and business owners. The auction process is straightforward: register, pay the 10% deposit, and bid on auction day. For current auction dates, reserve prices, and guidance on the bidding process, contact auction agent Peter Tan directly.
Jalan Tiara Sentral 3
Premises No. 62, Jalan Tiara Sentral 3, Kawasan Perindustrian Nilai Utama, 71800, Nilai, Negeri Sembilan
Lorong Sultan Mohamed 25d/ku18
No. 17, Lorong Sultan Mohamed 25d/ku18, Taman Perindustrian Bandar Sultan Suleiman, Port Klang, 42000, Klang, Selangor
Jalan SS 25/28
No. 42, Jalan SS 25/28, 47301, 47301, Petaling Jaya, Selangor
Jalan Bukit Badak
Lot 4006, Jalan Bukit Badak, Kampung Baru Subang, 40150, Shah Alam, Selangor
Jalan 12/152
No. 38, Jalan 12/152, Jalan Puchong, Taman Perindustrian Oug, Batu 6, 58200, Kuala Lumpur
Jalan Nilai 3/13
No. 536, Jalan Nilai 3/13, Kawasan Perindustrian Nilai 3, 71800, Nilai, Negeri Sembilan
Jalan Semantan
No. 3, Bangunan CIMB, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur
Jalan Meru Indah 22/KU8
No. 5, Jalan Meru Indah 22/KU8, Kawasan Perindustrian Meru Barat, 41050 Klang, Selangor
Jalan Gambus 33/4
No. 6C, Jalan Gambus 33/4, Taman Perindustrian Elite, Seksyen 33, 40400, Shah Alam, Selangor
Jalan Perindustrian BJ2T 1/1
No. 5, Jalan Perindustrian BJ2T 1/1, Kawasan Perindustrian Balakong Jaya 2 Tambahan, 43300 Seri Kembangan, Selangor
Jalan Astaka U8/88a
No. 19, Jalan Astaka U8/88a, Megah 18, Seksyen U8, Bukit Jelutong, 40150, Shah Alam, Selangor
Jalan Sungai Jeluh 32/189
No. 23, Jalan Sungai Jeluh 32/189, Bukit Naga Industrial Park, Seksyen 32, 40460, Shah Alam, Selangor
Jalan Semenyih Integrated 1
No. 19, Jalan Semenyih Integrated 1, Semenyih Integrated Industrial Park, 43500, Semenyih, Selangor
Jalan SIS 3
No. 5, Jalan SIS 3, Taman Perindustrian SIS 228, 43700 Beranang, Selangor
Jalan Perindustrian SIS 3
No. 7, Jalan Perindustrian SIS 3, Taman Perindustrian SIS 228, 43700 Beranang, Selangor
Kawasan Perindustrian Nilai
PT 754 & PT 755, Kawasan Perindustrian Nilai, 71800 Seremban, Negeri Sembilan
Jalan 3/93A
Nos. 18, 18-1 & 18-2, Jalan 3/93A, Warisan Cityview, Off Batu 2½ Jalan Cheras, 56100 Kuala Lumpur.
Jalan Balau 3
No. 9, Jalan Balau 3, Pusat Perindustrian Balau, 71200 Bahau, Negeri Sembilan
Jalan Mas Jaya
No. 14, Jalan Mas Jaya, Kawasan Perindustrian Mas Jaya, 43200 Cheras, 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 · Factory
How many auction properties are there in Malaysia?+
There are currently 19 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.