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 Desa Kundang 6
No. 40, Jalan Desa Kundang 6, Taman Desa Kundang, 48050 Rawang, Selangor
Lorong Mahkota Impian 2/24A
No. 9, Lorong Mahkota Impian 2/24A, Seksyen 2, 42300, Puncak Alam, Selangor
Jalan Ambar 5
No. 101, Jalan Ambar 5, Taman Ambar, 43800 Dengkil, Selangor
Jalan Nyaman 25/20
No. 38, Jalan Nyaman 25/20, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan 18
No. 20, Jalan 18, Taman Sri Sungai Pelek, 43950 Sungai Pelek, Selangor
Jalan Sp 8/25
No. 29, Jalan Sp 8/25, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan SP 8/25
No. 29, Jalan SP 8/25, Bandar Saujana Putra, 42610 Lebuhraya Elite, Jenjarom, Kuala Langat, Selangor
Jalan Kaloi 20
No. 1260, Jalan Kaloi 20, Taman Permai 2, 70200, Seremban, Negeri Sembilan
Taman Tampin
PT 1673 (No. 74), Taman Tampin, 73000, Tampin, Negeri Sembilan
Jalan Tasik Senangin 1C/5
No. 253, Jalan Tasik Senangin 1C/5, Bandar Tasik Senangin, 71750 Lenggeng, Negeri Sembilan
Jalan Indah 5
No. 268, Jalan Indah 5, Taman Serting Indah, 72120 Bandar Seri Jempol, Negeri Sembilan
Lorong Titiwangsa 10
No. 225, Lorong Titiwangsa 10, Taman Bukti, 70400 Seremban, Negeri Sembilan
Lorong Desa Kiara 1/1
No. 77, Lorong Desa Kiara 1/1, Taman Desa Kiara, 70400 Seremban, Negeri Sembilan
Jalan Dato Dagang 37
No. 20, Jalan Dato Dagang 37, Taman Sri Sentosa, 41200, Klang, Selangor
Jalan Pelangi 1
No. 8, Jalan Pelangi 1, Taman Pelangi Fasa 2, 72500 Juasseh, Negeri Sembilan
Jalan Tertib 25/32
No. 33, Jalan Tertib 25/32, Taman Sri Muda, Section 25, 40400, Shah Alam, Selangor
Jalan TAJ 1/6
No. 6, Jalan TAJ 1/6, Taman Alam Jaya, 42300 Bandar Puncak Alam, Selangor
Jalan Pelangi 14
No. 44, Jalan Pelangi 14, Taman Pelangi, 48000, Rawang, Selangor
Jalan Samudera 10/6C
No. 23, Jalan Samudera 10/6C, Seksyen 10 , Pulau Indah, 42920, Pelabuhan Klang, Selangor
Jalan Desa Puteri 13
No. 5274, Jalan Desa Puteri 13, Taman Desa Puteri, 72100 Bahau, Negeri Sembilan
Jalan Dm5
No. 22A-1, Residen Mutiara, Jalan Dm5, Taman Desa Mutiara, Bandar Country Homes, 48000, Rawang, Selangor
Jalan Pinggiran Bayu 2/6
No. 199, Jalan Pinggiran Bayu 2/6, Desa Pinggiran Bayu, 71700 Mantin, Negeri Sembilan
Jalan Kemuning 3
No. 112, Jalan Kemuning 3, Taman Kemuning, 70450 Seremban, Negeri Sembilan
Jalan Sengkang 2
No. 310, Jalan Sengkang 2, Taman Sengkang, 71250 Port Dickson, Negeri Sembilan
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.