1574 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 D`Suria 4
No. 22A, Jalan D`Suria 4, Taman Duta Suria Ampang, 68000 Ampang, Selangor
Jalan Vista 6/5
No. 2, Jalan Vista 6/5, Taman Cheras Vista, 43200 Cheras, Selangor
Lorong Setiapuspa 2
No. 29, Lorong Setiapuspa 2, Bukit Damansara, 50490 Kuala Lumpur
Taman Melawati
No. 508, Jalan B 12, Taman Melawati, 53100, Kuala Lumpur
Jalan Desiran Bayu
No. 18, Jalan Desiran Bayu, Taman Desiran Bayu, 53300 Kuala Lumpur
Jalan Angsana 9/KS6
No. 23, Jalan Angsana 9/KS6, Bandar Botanik, 41200, Klang, Selangor
Jalan LEP 6/31
No. 58, Jalan LEP 6/31, Seksyen 6, Taman Lestari Putra, Bandar Putra Permai, 43300, Seri Kembangan, Selangor
Jalan Tiang Seri U8/73A
No. 62, Jalan Tiang Seri U8/73A, Seksyen U8, 40150, Shah Alam, Selangor
Jalan Margosa Sd 10/6a
No. 1, Jalan Margosa Sd 10/6a, 52200, Bandar Sri Damansara, Kuala Lumpur
Jalan Putra Bahagia 8/2p
No. 38, Jalan Putra Bahagia 8/2p, Putra Heights, 47650, Subang Jaya, Selangor
Jalan Panglima Awang 35/117
No. 37, Jalan Panglima Awang 35/117, Alam Impian, Seksyen 35, Shah Alam 40470, Selangor
Jalan Cassia U17/88a
No. 13, Jalan Cassia U17/88a, Elmina West, Seksyen U17, 40170, Shah Alam, Selangor
Jalan Cinta Air
PT No. 66648, Jalan Cinta Air, Country Heights, 43000, Kajang, Selangor
Bandar Kinrara
No. 2, Jalan Bk 7b/5, Bandar Kinrara, 47180, Puchong, Selangor
Jalan Tasik Damai 5
No. 37, Jalan Tasik Damai 5, Taman Tasik Damai, Sungai Besi, 57000 Sungai Besi, Kuala Lumpur
Jalan Residensi 4
No. 7, Jalan Residensi 4, Taman Residensi, Sri Utara, 68100 Kuala Lumpur
Lorong Damar Merah 4A
No. 26, Lorong Damar Merah 4A, Taman Pendamar Indah, 41200 Klang, Selangor
Jalan Melawati 7B
No.10, Quartz 16, Jalan Melawati 7B, Taman Melawati 53100 Hulu Klang, Selangor Darul Ehsan
Taman Puchong Utama
No. 20, Jalan PU 5/3A, Taman Puchong Utama, 47140, Puchong, Selangor
Jalan Desiran Bayu
No. 48, Jalan Desiran Bayu, Taman Desiran Bayu, 53000 Kuala Lumpur
Sejati Lakeside Cyber 10
No. 2, Jalan SL 10, Sejati Lakeside Cyber 10, 63000, Cyberjaya, Selangor
Jalan Putra Prima 2/9
No. 1, Jalan Putra Prima 2/9, Taman Putra Prima, 47100 Puchong, Selangor
Jalan Wawasan 3/8
No. 1, Jalan Wawasan 3/8, Pusat Bandar Puchong,, 47160, Puchong, Selangor
Tropicana Golf & Country Resort
No. 26, Jalan TR 1/2, Tropicana Golf & Country Resort, 47410 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 · Terrace House
How many auction properties are there in Malaysia?+
There are currently 1574 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.