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 Gunung Datok 31
No. 1244, Jalan Gunung Datok 31, Taman Angsamas, Mambau, 70300 Seremban, Negeri Sembilan
Jalan Melati 2D
No. 35, Jalan Melati 2D, Taman Melati, 48200, Serendah, Selangor
Jalan Kilauan 2
No. 62, Jalan Kilauan 2, Taman Kilauan, 45600 Bestari Jaya, Selangor
Jalan Intan Duyung 9
No. 576, Jalan Intan Duyung 9, Taman Intan Duyung, 71050 Port Dickson, Negeri Sembilan
Jalan Nuri Indah 19
No. 21, Jalan Nuri Indah 19, Taman Bukit Nuri Indah, 70300, Seremban, Negeri Sembilan
Taman Muhibbah
Lot 4575, Taman Muhibbah, 7100 Port Dickson, Negeri Sembilan
Jalan Springhill 9/3a
No. 157, Jalan Springhill 9/3a, Bandar Springhill, 71010, Port Dickson, Negeri Sembilan
Jalan Teladan 25/22
No. 9, Jalan Teladan 25/22, Taman Sri Muda, Seksyen 25, 40400 Shah Alam, Selangor
Jalan GU 1/3
No. 18, Jalan GU 1/3, Taman Garing Utama, 48000 Rawang, Selangor
Jalan Desa Melor 6
No. 103, Jalan Desa Melor 6, Taman Desa Melor, 70450 Seremban, Negeri Sembilan
Jalan Sri Bayu 25
No. 20, Jalan Sri Bayu 25, Taman Sri Bayu, Bagan Lalang, 43900, Sepang, Selangor
Jalan Intan Duyung 1
No. 8, Jalan Intan Duyung 1, Taman Intan Duyung, 71050, Port Dickson, Negeri Sembilan
Jalan Amansiara 1/1
No. 24-3, Jalan Amansiara 1/1, Taman Amansiara, 48000 Rawang, Selangor
Jalan TAN 5/10
No. 491, Jalan TAN 5/10, Taman Tuanku Ampuan Najihah, 71450, Seremban, Negeri Sembilan
Jalan Politeknik 26
No. 1418, Jalan Politeknik 26, Taman Politeknik, Batu 9, Jalan Pantai, 71050 Port Dickson, Negeri Sembilan
Taman West Country
No. 31 Jalan 5/15, Taman West Country, Seksyen 5, 43650 Bandar Baru Bangi, Selangor
Jalan Nyaman 25/20
No. 55, Jalan Nyaman 25/20, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Jalan Melati 5
No. 202, Jalan Melati 5, Taman Dusun Setia, 70100 Seremban, Negeri Sembilan
Jalan Desa PD 7
No. 409, Jalan Desa PD 7, Taman Desa PD, 71200, Port Dickson, Negeri Sembilan
Jalan 2/5A
No. 89, Jalan 2/5A, Taman Intan Perdana, Batu 9 Jalan Pantai, 71050, Port Dickson, Negeri Sembilan
Jalan Andalas 1
No. 47, Jalan Andalas 1, Taman Andalas, 71700 Mantin, Negeri Sembilan
Jalan Tan 1/10
No. 214, BLK/29 , Jalan Tan 1/10, Taman Tuanku Ampuan Najihah, 71450, Seremban, Negeri Sembilan
Jalan Musytari 11
No. 196, Jalan Musytari 11, Taman Musytari, 72200, Batu Kikir, Negeri Sembilan
Jalan Musytari 10
No. 149 (PT 2673), Jalan Musytari 10, Taman Musytari, 72200, Batu Kikir, 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 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.