2824 Rumah Lelong Terrace House · Bank Auction Properties
Discover a wide selection of terrace houses for sale through bank auction in Kuala Lumpur & Selangor. These properties, often reserved at 10-40% below market value, offer a smart entry point for first-home buyers and investors. Whether you are looking for a family home in Petaling Jaya or a rental investment in Cheras, the lelong process lets you bid on auction day after registering and paying a 10% deposit. Contact Peter Tan to learn about upcoming auction dates, reserve prices, and how to navigate the bidding process.
Jalan Murni
No. 5-7, Anjung Damai, Jalan Murni, 55000, Kuala Lumpur, Kuala Lumpur
Jalan Ara SD 7/4E
No. 6, Jalan Ara SD 7/4E, Bandar Sri Damansara, 52200, Petaling Jaya, Selangor
Jalan Ulek Mayang 3D/KU5
No. 12, Dua (2) Tingkat, Jalan Ulek Mayang 3D/KU5, Bandar Bukit Raja, 41050, Klang, Selangor
Lorong Sanggul 2D
No. 20, Lorong Sanggul 2D, Bandar Puteri, 41200, Klang, Selangor
Jalan Setia Utama U13/37l
No. 32, Jalan Setia Utama U13/37l, Setia Alam, 40170, Shah Alam, Selangor
Jalan Kajang East 1/1
No. 21, Jalan Kajang East 1/1, Kajang East, 43500, Semenyih, Selangor
Jalan Pinggiran 5
No. 109, Jalan Pinggiran 5, Taman Pinggiran Ukay, 68000, Ampang, Selangor
Jalan MR 1
No. 80, Maple Residence, Jalan MR 1, Laman View, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Ecohill 7/6B
No 26, Jalan Ecohill 7/6B, Setia Ecohill 2, 43500, Semenyih, Selangor
Jalan E 5/3
No. 737, Jalan E 5/3, Taman Ehsan, 52100, Kepong, Kuala Lumpur
Jalan Palma 1/5
No. 25, Jalan Palma 1/5, Bandar Hillpark, 42300, Bandar Puncak Alam, Selangor
Jalan Cerdik 2
Premises No. 3, Jalan Cerdik 2, Taman Universiti, 43000, Kajang, Selangor
Jalan Penghulu 12/3
No. 13, Jalan Penghulu 12/3, Seksyen 3, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Jalan Prima 7/9
No. 24, Jalan Prima 7/9, Taman Puchong Prima, 47150 Puchong, Selangor
Jalan Ritma 1/5
No. 6, Jalan Ritma 1/5, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan MR 2/9
Premises No. 5, Jalan MR 2/9, Taman M-Residensi 2, 48020 Rawang, Selangor Darul Ehsan.
Jalan Myra Alam 1/5
No. 49, Jalan Myra Alam 1/5, Taman Myra Alam, 42300 Bandar Puncak Alam, Selango
Jalan Galaksi 1/2
No. 14, Jalan Galaksi 1/2, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan Saujana Perdana 19
No. 40, Jalan Saujana Perdana 19, Saujana Perdana, 47000, Sungai Buloh, Selangor
Jalan Mawar 13C
No. 56, Jalan Mawar 13C, Taman Mawar, Bandar Baru Salak Tinggi, 43900 Sepang, Selangor
Jalan Eco Forest 3/2D
No. 22A, Jalan Eco Forest 3/2D, Eco Forest, 43500 Semenyih, Selangor
Jalan Parklands 5
No. 72, Jalan Parklands 5, Semenyih Parklands, 43700 Beranang, Selangor
Jalan Palma 1/9
No. 68, Jalan Palma 1/9, Bandar Hillpark Puncak Alam, 42300, Bandar Pundak Alam, Selangor
Lorong Kenanga 3/2
No. Af7, Lorong Kenanga 3/2, Desa Kenanga, 43500, Semenyih, 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 · Terrace House
How many auction properties are there in Malaysia?+
There are currently 2824 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.