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 Bukit Citra 2/8
No. 143, Jalan Bukit Citra 2/8, Taman Bukit Citra, 71700 Mantin, Negeri Sembilan
Jalan Desa 12/5
No. 24, Jalan Desa 12/5, Bandar Country Homes, 48000 Rawang, Selangor
Jalan Taman Gunung Mas 2/2
No. 7319, Jalan Taman Gunung Mas 2/2, Taman Gunung Mas 2, 73000 Tampin, Negeri Sembillan
Jalan Dato Dagang 6
No. 134, Jalan Dato Dagang 6, Taman Sentosa Baru, 41200, Klang, Selangor
Jalan Bil 43
No. 1250, Jalan Bil 43, Taman Bayu Indera Lukut, 71010, Port Dickson, Negeri Sembilan
Jalan Laman Bakawali B/8
No. 240, Jalan Laman Bakawali B/8, Laman Bakawali,Kota Seriemas, 71800, Nilai, Negeri Sembilan
Taman Acbe
No. 88 Jalan Sejahtera 4, Taman Acbe, 72100, Bahau, Negeri Sembilan
Jalan Orkid 3
No. 13, Jalan Orkid 3, Taman Senawang Indah 2, 70450, Seremban, Negeri Sembilan
Jalan SP 4/6
No. 9, Jalan SP 4/6, Bandar Saujana Putra. Lebuhraya Elite, 42610, Jenjarom, Selangor
Jalan 5/29
No. 5, Jalan 5/29, Seksyen 5, Bandar Rinching, 43500, Semenyih, Selangor
Lorong Iringan Bayu 41/6
No. 517, Lorong Iringan Bayu 41/6, Taman Iringan Bayu, 70300 Seremban, Negeri Sembilan
Jalan BB 3/18
No. 12, Jalan BB 3/18, Taman Banting Baru, 42700, Banting, Selangor
Jalan Belida 17
No. 41, Jalan Belida 17, Taman Bukit Chedang Fasa 2, 70300, Seremban, Negeri Sembilan
Jalan Tan 2/10
No. 6, Jalan Tan 2/10, Taman Tuanku Ampuan Najihah, 71450, Seremban, Negeri Sembilan
Jalan SJ 3/2
No. 2902, Jalan SJ 3/2, Taman Seremban Jaya, 70450, Seremban, Negeri Sembilan
Jalan Rasah
No. 826, Taman Moksum, Jalan Rasah, 70300 Seremban, Negeri Sembilan
Jalan Ekar 4/8
No. 361, Jalan Ekar 4/8, Residensi Pr1ma, Bandar Ekar, 71200, Rantau, Negeri Sembilan
Jalan LG3 1/39
No. 6, Jalan LG3 1/39, Taman Langat Utama 3, Bukit Changgang, 42700, Banting, Selangor
Jalan Mantau Indah 3/4
No. 97, Jalan Mantau Indah 3/4, Taman Mantau Indah 3, 70300, Seremban, Negeri Sembilan
Jalan Jasper Jaya 11
No. 371, Jalan Jasper Jaya 11, Taman Jasper Jaya, 70200 Seremban, Negeri Sembilan
Jalan Bil 49
No. 1450, Jalan Bil 49, Taman Bayu Indera Lukut, 71010 Port Dicskon, Negeri Sembilan
Jalan Springhill 9/1
No. 111, Jalan Springhill 9/1, Bandar Springhill, 71100, Port Dickson, Negeri Sembilan
Jalan SJ 9/8
No. 858, Jalan SJ 9/8, Taman Seremban Jaya, 70450, Seremban, Negeri Sembilan
Jalan 3
No. 35, Jalan 3, Taman Paduka, 45000, Kuala Selangor, 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 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.