344 Rumah Lelong Shop Office · Bank Auction Properties
Kuala Lumpur and Selangor form the commercial heart of Malaysia, making shop offices here highly sought after by entrepreneurs and investors. Through bank auction, these properties are often available at reserve prices 10-40% below market value, with some re-listed units becoming even more affordable. BidNest Auction offers a wide selection of shop offices in prime locations across the Klang Valley, making it a smart starting point for first-time buyers and seasoned investors alike. Simply register, prepare a 10% deposit, and participate on auction day to secure a great deal. For auction dates, reserve prices, and guidance on the bidding process, contact Peter Tan at BidNest.
Tower E
No. E-13A-03A, Tower E, Bangsar Trade Centre, Plaza Pantai, No. 5, Jalan 4/83A, Off Jalan Pantai Baru, 59200 Kuala Lumpur
Tamarind Suites
No. F2-14-10, Tamarind Suites, Persiaran Multimedia, Cyber 10, 63000 Cyberjaya, Selangor
Pusat Komersial Dataran Ecohill
No. D-07-L3, Blok D, Pusat Komersial Dataran Ecohill, Jalan Ecohill 1/2, Setia Ecohill, 43500 Semenyih, Selangor
Menara UP
No. 15-03, Menara UP, No. 60, Jalan Puchong, 58200 Kuala Lumpur
Selayang Capitol Complex
No. LG 10 - LG 12, Selayang Capitol Complex, 68100 Batu Caves, Selangor
Jalan 3/62A
No. 77-3, Jalan 3/62A, 52200 Bandar Menjalara, Kuala Lumpur
Menara KIP
No. B-2-2, Blok B, Menara KIP, Jalan Seri Utara 1, Sri Utara, 68100 Kuala Lumpur
Arte+ @ Jalan Ampang
No. T1-39-06, Arte+ @ Jalan Ampang, No. 3, Lorong Ampang 1, 55000 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 · Shop Office
How many auction properties are there in Malaysia?+
There are currently 344 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.