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 Hulubalang 10C/KS07
No. 34A, Lorong Hulubalang 10C/KS07, Taman Sentosa, 41200, Klang, Selangor
Lorong Iringan Bayu 41/6
No. 499, Lorong Iringan Bayu 41/6, Precint 8, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Dato Dagang 30
No. 37, Jalan Dato Dagang 30, Taman Sentosa, 41200, Klang, Selangor
Jalan Kebun Nenas 1L/KS7
No. 5, Jalan Kebun Nenas 1L/KS7, Bandar Putera, 41100, Klang, Selangor
Jalan Rj 2/27
No. 2047, Jalan Rj 2/27, Taman Rasah Jaya, 70300, Seremban, Negeri Sembilan
Jalan Ekar 5/1
No. 709, Jalan Ekar 5/1, Residensi Prima Bandar Ekar, Bandar Ekar, 71200, Rantau, Negeri Sembilan
Jalan Ekar 4/4
No. 212, Jalan Ekar 4/4, Residensi Prima Bandar Ekar, Bandar Ekar, 71200, Rantau, Negeri Sembilan
Jalan Balakong Jaya 24a
No. 1, Jalan Balakong Jaya 24a, Taman Balakong Jaya, 43300, Seri Kembangan, Selangor
Jalan Belalang Dua 20/7B
No. 27, Jalan Belalang Dua 20/7B, Seksyen 20, 40300 Shah Alam, Selangor
Lorong Alamanda 2/4
No. 344, Lorong Alamanda 2/4, Taman Alamanda, Senawang, 70450 Seremban, Negeri Sembilan
Jalan SJ 3/6F
No. 3624, Jalan SJ 3/6F, Taman Seremban Jaya, 70450 Seremban, Negeri Sembilan
Lorong Pandangan
No. 23, Lorong Pandangan, Kampung Raja Uda, 42000, Port Klang, Selangor
Jalan 2
No. 82, Jalan 2, Taman Sri Semenyih, 43500, Semenyih, Selangor
Taman Gemilang
No. 14, Taman Gemilang, 71000 Port Dickson, Negeri Sembilan
Jalan Hijauan 2
No. 15, Jalan Hijauan 2, Taman Hijauan, Bandar Gamuda Cove, 42700 Banting, Selangor
Jalan Schumann 3A
No. 5, Jalan Schumann 3A, Symphony Hills, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Selasih U12/15
No. 13, Jalan Selasih U12/15, Taman Cahaya Alam, Seksyen U12, 40170, Shah Alam, Selangor
Jalan Elektron U16/62
No. 3, Jalan Elektron U16/62, Denai Alam, 40160, Shah Alam, Selangor
Jalan KP 2/13
No. 11, Jalan KP 2/13, Taman Kajang Prima, 43000, Kajang, Selangor
Jalan Barat 5
No. 8, Jalan Barat 5, D'Island Residence, 47100 Puchong, Selangor
Jalan Suriaman 1/1
No. 11, Jalan Suriaman 1/1, Suriaman 1, 71950, Bandar Sri Sendayan, Negeri Sembilan
Lorong Nusari Bayu 1/1b
No. 390, Lorong Nusari Bayu 1/1b, Nusari Bayu 1, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Laksamana 9/ks7
No. 2A, Jalan Laksamana 9/ks7, Taman Sentosa, 41200, Klang, Selangor
Jalan Kebun Nenas 2J/KS7
No. 1A, Jalan Kebun Nenas 2J/KS7, Bandar Putera, 41200, Klang, 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.