1574 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 Ara Sd 7/3E
No. 28, Jalan Ara Sd 7/3E, 52200 Petaling Jaya, Selangor
Jalan Jade Hills 5/1
No. 8, Jalan Jade Hills 5/1, Jade Hills, 43000, Kajang, Selangor
Jalan Tiang Seri U8/73A
No. 9, Jalan Tiang Seri U8/73A, Seksyen U8, 40150, Shah Alam, Selangor
Jalan PJU 8/1A
No. 42, Parcel 3A, Empire Residence, Jalan PJU 8/1A, Damansara Perdana, PJU 8, 47820 Petaling Jaya, Selangor
Jalan Timur 1
No. 8, Jalan Timur 1, D'Island Residence, 47130, Puchong, Selangor
Jalan Wawasan Ampang 1/4
No. 41, Jalan Wawasan Ampang 1/4, Bandar Baru Ampang, 68000 Ampang, Selangor
Jalan Sierra 6/3
No. 17, Jalan Sierra 6/3, Bandar 16 Sierra, 47120, Puchong, Selangor
Jalan Putra Prima 4/1
No. 21, Jalan Putra Prima 4/1, Taman Putra Prima, 47130, Puchong, Selangor
Jalan USJ Heights 3/2G
No. 18, Jalan USJ Heights 3/2G, USJ Heights, 47650 Subang Jaya, Selangor
Taman Putra Prima
No. 21, Jalan Pp 2/12, Taman Putra Prima, 47130, Puchong, Selangor
Jalan Penghulu 8/3
No. 2, Jalan Penghulu 8/3, Seksyen 3, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Jalan Damai Perdana 17/1A
No. 8, Jalan Damai Perdana 17/1A, Bandar Damai Perdana, 56000 Cheras, Kuala Lumpur
Sejati Lakeside
No. 31, Jalan SL 4, Sejati Lakeside, Cyber 10, 63000, Cyberjaya, Selangor
Jalan Putra Indah 9/2
No. 52A, Jalan Putra Indah 9/2, Putra Heights, 47650, Subang Jaya, Selangor
Jalan Pju 3/30
No. 37-2, Challis Damansara, Jalan Pju 3/30, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan Matafasa U16/168
No. 2, Jalan Matafasa U16/168, Seskyen U16, 40160 Elmina West, Selangor
Lorong Ibu Kota Kanan 2
No. 10, Lorong Ibu Kota Kanan 2, Taman Ibu Kota Gombak, 53100 Kuala Lumpur
Jalan Seri Sungai Long 8
No. 40, Jalan Seri Sungai Long 8, Taman Seri Sg. Long, 43200, Cheras, Selangor
Bandar Saujana Putra
No. 1, Jalan Sp 3/18, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan Akuatik 13/77
No. 23, D'kayangan, Jalan Akuatik 13/77, Seksyen 13, 40100, Shah Alam, Selangor
Jalan SS 2/74
No. 77, Jalan SS 2/74, 47300, Petaling Jaya, Selangor
Jalan Suadamai 11/1
No. 2, Jalan Suadamai 11/1, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Jalan Suria 3A/3A
No. 2, Jalan Suria 3A/3A, Hiroki, Kajang 2, 43500 Semenyih, Selangor
Jalan Impian Makmur 2/3
No. 12, Jalan Impian Makmur 2/3, Saujana Impian, 43000, Kajang, 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 1574 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.