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 Taman Sri rompin 6
No. 403, Jalan Taman Sri rompin 6, 73500 Rompin, Negeri Sembilan
Taman Jaya Lukut
No. 1810, Taman Jaya Lukut, 71010, Lukut, Negeri Sembilan
Jalan Rasa Sayang 4
No. 103, Jalan Rasa Sayang 4, Taman Rasa Sayang, 72000 Kuala Pilah, Negeri Sembilan
Jalan Desa PD 2/1
No. 28, Jalan Desa PD 2/1, Taman Desa PD 2, 71200, Port Dickson, Negeri Sembilan
Jalan Titiwangsa Utama
No. 51-A, Jalan Titiwangsa Utama, Rumah Murah Kalumpang, 44100 Kerling, Selangor
Taman Tiong Seng Block
No. 23, Taman Tiong Seng Block, 71000 Port Dickson, Negeri Sembilan
Jalan Taman Bahau 2/23
No. 489, Jalan Taman Bahau 2/23, Taman Bahau, 72100, Bahau, Negeri Sembilan
Jalan Pinggiran Felda 13
No. 5796, Jalan Pinggiran Felda 13, Taman Pinggiran Felda, 73400 Gemas, Negeri Sembilan
Jalan PI 9
No. 413, Jalan PI 9, Taman Pedas Indah, 71400 Pedas, Negeri Sembilan
Jalan Gadong Jaya 28/4
No. 1316A, Jalan Gadong Jaya 28/4, Taman Gadong Jaya, 71900 Labu, Negeri Sembilan
Jalan Kilauan 4
No. 8, Jalan Kilauan 4, Taman Kilauan, 45600 Bestari Jaya, Selangor
Jalan Melur 15
PT 1341, Jalan Melur 15, Taman Jimah Jaya Site C, 71960, Port Dickson, Negeri Sembilan
Persiaran Palm Spring
No. B 016-2, Blok B, Persiaran Palm Spring, Batu 13, Jalan Pantai, Palm Spring Resort, 71250 Port Dickson, Negeri Sembilan
Jalan Desa Pinggitan 2
No. 3, Jalan Desa Pinggitan 2, Taman Desa Pinggitan, Sg Menyala, Sua Betong, 71050, Port Dickson, Negeri Sembilan
Jalan Pi 8
No. 398, Jalan Pi 8, Taman Pedas Indah, 71400, Pedas, Negeri Sembilan
Jalan Lukut Makmur 5
No. 20A, Jalan Lukut Makmur 5, Taman Lukut Makmur, 71010 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.