2789 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 Bbn 5/3g
PT 7964, Jalan Bbn 5/3g, Desa Jasmin, Putra Nilai, 71800 Nilai, Negeri Sembilan
Jalan BIL 23
No. 817, Jalan BIL 23, Taman Bayu Indera Lukut, 71010, Port Dickson, Negeri Sembilan
Jalan Bbn 6/1J
No. PT 11016, Jalan Bbn 6/1J, Taman Desa Cempaka, 71800 Nilai, Negeri Sembilan
Jalan Cempaka 22
No. 17, Jalan Cempaka 22, Taman Cempaka Fasa 2, 70450, Seremban, Negeri Sembilan
Jalan Iris 3a
No. 71, Jalan Iris 3a, Perumahan Jalan Iris, Taman Bunga Raya, 48300, Rawang, Selangor
Jalan 12/4A
No. 21, Jalan 12/4A, Taman Cheras Jaya, 43200 Cheras, Selangor
Jalan Iringan Bayu 44/4
No. 480, Jalan Iringan Bayu 44/4, Taman Iringan Bayu, 70300 Seremban, Negeri Sembilan
Jalan BIL 41
No. 1245, Jalan BIL 41, Taman Bayu Indera Lukut, 71010, Port Dickson, Negeri Sembilan
Jalan Jasper Jaya 12
No. 382, Jalan Jasper Jaya 12, Taman Jasper Jaya, 70200 Seremban, Negeri Sembilan
Jalan BSS 1/1
No. 56, Jalan BSS 1/1, Taman Bukit Sri Senawang, Sungai Gadut, Negeri Sembilan
Lorong Bunga Raya 26/4
No. 18, Lorong Bunga Raya 26/4, Taman Tasik Jaya, 70400, Seremban, Negeri Sembilan
Jalan TKI 4
No. 42, Jalan TKI 4, Taman Kota Indah, 71350 Kota, Negeri Sembilan
Jalan Politeknik 4
No. 149, Jalan Politeknik 4, Taman Politeknik, 71050, Port Dickson, Negeri Sembilan
Jalan BSS 1/3C
No. 107, Jalan BSS 1/3C, Bandar Seremban Selatan, 71450, Seremban, Negeri Sembilan
Jalan TTJ 2/8
No. 1082, Jalan TTJ 2/8, Taman Tuanku Jaafar, 71450 Seremban, Negeri Sembilan
Jalan Sri Mawar 7
No. 10, Jalan Sri Mawar 7, Taman Sri Mawar, 70450 Seremban, Negeri Sembilan
Lorong Melati 1
No. 35, Lorong Melati 1, Taman Melati, 71750 Lenggeng, Negeri Sembilan
Jalan Bayan 1
No. 48, Jalan Bayan 1, Taman Desa Rasah, 70300, Seremban, Negeri Sembilan
Jalan Gadong Jaya 25
No. 1115, Jalan Gadong Jaya 25, Taman Gadong Jaya, 71900, Labu, Negeri Sembilan
Persiaran Desa Puteri 7
No. 24, Persiaran Desa Puteri 7, Taman Desa Puteri, 48020 Taman Desa Puteri, Selangor
Jalan Bss 2/2e
No. 1696, Jalan Bss 2/2e, Bandar Seremban Selatan, 71450, Seremban, Negeri Sembilan
Jalan Gadong Jaya 14
No. 716, Jalan Gadong Jaya 14, Taman Gadong Jaya, 71900 Labu, Negeri Sembilan
Lorong Casurina 3
No. 78, Lorong Casurina 3, Taman Casurina, 70400 Seremban, Negeri Sembilan
Jalan SR 3
No. 1-1, Jalan SR 3, Taman Sendayu Rawang, 48020 Rawang, 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 2789 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.