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 Bss 3/3E
No. 2131, Jalan Bss 3/3E, Bandar Seremban Selatan, 71450 Seremban, Negeri Sembilan
Jalan RJ 2/18
No. 1457, Jalan RJ 2/18, Taman Rasah Jaya, 70300 Seremban, Negeri Sembilan
Jalan Desa PD 2/5
No. 310, Jalan Desa PD 2/5, Fasa 2, Taman Desa PD, 71200 Port Dickson, Negeri Sembilan
Jalan Murni 2
No. 29, Jalan Murni 2, Taman Murni, Sungai Terap, 45500, Tanjong Karang, Selangor
Jalan Kemudi 2J
No. 8, Jalan Kemudi 2J, Bernam Jaya, Hulu Bernam, 44100 Kerling, Selangor
Taman Awana Indah
No 2055, Taman Awana Indah, 72100 Bahau, Negeri Sembilan
Jalan Seri Mambau A3
No. 64, Jalan Seri Mambau A3, Taman Seri Mambau, 70300 Seremban, Negeri Sembilan
Jalan Desa PD 2/7
No. 463, Jalan Desa PD 2/7, Taman Desa PD, 71200 Port Dickson, Negeri Sembilan
Lorong Anggerik 18
No. 621, Lorong Anggerik 18, Bandar Baru Sunggala, 71050, Port Dickson, Negeri Sembilan
Jalan Ros Merah 5
No. 74, Jalan Ros Merah 5, Taman Kobena, Senawang, 70450 Seremban, Negeri Sembilan
Jalan Td 3
No. 2548, Jalan Td 3, Taman Delima, 71200, Rantau, Negeri Sembilan
Jalan RJ 1/25
No. 2213, Jalan RJ 1/25, Taman Rasah Jaya, 70300, Seremban, Negeri Sembilan
Jalan Teratai 5
No. 17, Jalan Teratai 5, Seksyen BB 11,Bandar Bukit Beruntung, 48300, Rawang, Selangor
Jalan 3
No. 26, Jalan 3, Taman Seri Setia, 45500 Tanjong Karang, Selangor
Jalan Meranti 3A/19
No. 85, Jalan Meranti 3A/19, Bandar Utama Batang Kali, 44300 Batang Kali, Selangor
Jalan Desa PD 2/2
No. 91, Jalan Desa PD 2/2, Taman Desa PD, 71200 Port Dickson, Negeri Sembilan
Jalan Sri Pulasan 5
No. 254, Jalan Sri Pulasan 5, Taman Sri Pulasan, 70200 Seremban, Negeri Sembilan
Lorong Teratai 2/16
No. 13, Lorong Teratai 2/16, Bandar Baru Kuala Selangor, 45000, Kuala Selangor, Selangor
Jalan Desa PD 9
No. 558, Jalan Desa PD 9, Taman Desa PD, 71200 Port Dickson, Negeri Sembilan
Jalan DC 5/1
No. 18-U, Premis 18, Jalan DC 5/1, Desa Coalfields, 47000, Sungai Buloh, Selangor
Jalan Jasmin 5
No. 251, Jalan Jasmin 5, Taman Jasmin, Senawang, 70450 Seremban, Negeri Sembilan
Jalan Bagan Kurnia 6
No. 19, Jalan Bagan Kurnia 6, Taman Bagan Kurnia, Chuah, 71960, Port Dickson, Negeri Sembilan
Jalan Desa Pd 2/2
No. 86, Jalan Desa Pd 2/2, Taman Desa Pd 2, 71200, Port Dickson, Negeri Sembilan
Taman Sengkang
No. 9, Fasa 1, 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 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.