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.
Lorong Wawasan 17
No. 70, Lorong Wawasan 17, Taman Wawasan 4A, 71010 Lukut, Port Dickson, Negeri Sembilan
Jalan Desa PD 1
No. 24, Jalan Desa PD 1, Taman Desa PD, 71200, Port Dickson, Negeri Sembilan
Jalan Desa Pd 2/4
No. 262, Jalan Desa Pd 2/4, Taman Desa Pd, 71200, Port Dickson, Negeri Sembilan
Jalan Desa PD 10
No. 701, Jalan Desa PD 10, Taman Desa PD, 71200, Port Dickson, Negeri Sembilan
Jalan Pinggiran Felda 5
No. 5583, Jalan Pinggiran Felda 5, Taman Pinggiran Felda, 73400 Gemas, Negeri Sembilan
Jalan Rasa Sayang 6
No. 176, Jalan Rasa Sayang 6, Taman Rasa Sayang, 72000 Kuala Pilah, Negeri Sembilan
Taman Mahsan
No. 22, Taman Mahsan, 72100, Bahau, Negeri Sembilan
Jalan Sri Tasik Timur
No. 132, Jalan Sri Tasik Timur, Perdana Lakeview East, 63300, Cyberjaya, Selangor
Jalan Seri Cheras 7
No. 20, Jalan Seri Cheras 7, Taman Seri Cheras, 43200, Cheras, Selangor
Jalan Mirage 4
Premises No. 21, Jalan Mirage 4, Mirage By The Lake, Perdana Lakeview West, Cyber 7, 63000, Cyberjaya, Selangor
Jalan Bayu Impian 28f/ks9
No. 71, Jalan Bayu Impian 28f/ks9, Kota Bayuemas, 41200, Klang, Selangor
Jalan Hijayu 1/17
No. 502, Jalan Hijayu 1/17, Hijayu 1, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Permata Hijau
No. 51, Jalan Permata Hijau, Taman Selayang Permata, 68100, Batu Caves, Selangor
Jalan Kerongsang 6
No. 22, Jalan Kerongsang 6, Bandar Puteri Klang, 41200, Klang, Selangor
Jalan Nusari Aman 2/2
No. 260, Jalan Nusari Aman 2/2, Nusari Aman 1, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Aman Suria U17/44
No. 58, Jalan Aman Suria U17/44, Seksyen U17, 40160, Shah Alam, Selangor
Jalan Palma 1/8
No. 65, Jalan Palma 1/8, Bandar Hillpark, 42300, Bandar Puncak Alam, Selangor
Jalan Zapin 1c
No. 23, Jalan Zapin 1c, Bandar Bukit Raja, 41050, Klang, Selangor
Jalan Sungai Kelubi 32/102A
No. 19, Jalan Sungai Kelubi 32/102A, Kemuning Greenhills, Seksyen 32, 40460, Shah Alam, Selangor
Jalan Alam Suria 15/3/3
No. 36, Jalan Alam Suria 15/3/3, Seksyen 15, 42300, Bandar Puncak Alam, Selangor
Jalan Temenggung 21
No. 20, Jalan Temenggung 21, Taman Seri Bahagia, 41200, Klang, Selangor
Jalan Tiara Sendayan 7/3
No. 2449, Jalan Tiara Sendayan 7/3, Taman Tiara Sendayan, 71900, Labu, Negeri Sembilan
Jalan Hijayu 3/62
No. 1702 Jalan Hijayu 3/62, Hijayu 3, Jalan Hijayu 3/62, 71950 Bandar Sri Sendayan, Negeri Sembilan
Jalan Tiara Sendayan 2/10
No. 713, Jalan Tiara Sendayan 2/10, Taman Tiara Sendayan, 71900, Labu, 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.