2789 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 Pinggiran Felda 5
No. 5578, Jalan Pinggiran Felda 5, Taman Pinggiran Felda, 73400 Gemas, Negeri Sembilan
Jalan Desa PD 3
No. 122, Jalan Desa PD 3, Taman Desa Pd, 71200, Port Dickson, Negeri Sembilan
Jalan Semanja 2/7
No. 48, Jalan Semanja 2/7, Tamana Semanja, 43000, Kajang, Selangor
Jalan 12
No. 2, Jalan 12, Taman Putra, 68000 Ampang, Selangor
Jalan Meringin Indah 1
No. 14, Jalan Meringin Indah 1, Taman Meringin Indah, 43000, Kajang, Selangor
Jalan BBN 9/2A
PT 5735, Jalan BBN 9/2A, Desa Anggeri, Putra Nilai, 71800, Nilai, Negeri Sembilan
Jalan Ara Sendayan 3/8
No. 810, Jalan Ara Sendayan 3/8, Ara Sendayan, 70300, Seremban, Negeri Sembilan
Jalan S2 D22
No. 683, Jalan S2 D22, Garden City Homes Seremban 2, 70300, Seremban, Negeri Sembilan
Jalan Sena 1/8
No. 31, Jalan Sena 1/8, Taman Sena, 71450, Sungai Gadut, Seremban, Negeri Sembilan
Jalan Ara Sendayan 2/6
No. 506, Jalan Ara Sendayan 2/6, Ara Sendayan, 70300, Seremban, Negeri Sembilan
Jalan BM 2/5
No. 27, Jalan BM 2/5, Seksyen 2, Bandar Bukit Mahkota, 43000, Kajang, Selangor
Jalan 1/12
No. 43, Jalan 1/12, Taman Seri Jaromas, 42600, Jenjarom, Selangor
Jalan Tiara Sendayan 2/6
No. 404, Jalan Tiara Sendayan 2/6, Taman Tiara Sendayan, 71900 Labu, Negeri Sembilan
Jalan Laman Sendayan 1A/5
No. 221, Jalan Laman Sendayan 1A/5, Laman Sendayan, 71950 Bandar Sri Sendayan, Negeri Sembilan
Jalan Laman Mawar A/10
No. 218, Jalan Laman Mawar A/10, Taman Kota Serimas, 71800, Nilai, Negeri Sembilan
Lorong Iringan Bayu 35/8
No. 537, Lorong Iringan Bayu 35/8, Precint 3, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Orbit 2/7
No. 45, Jalan Orbit 2/7, Bandar Mahkota Banting, 42700, Banting, Selangor
Jalan TME 5
No. 70, Jalan TME 5, Taman Mawar Ehsan Fasa 2, 71400, Pedas, Negeri Sembilan
Jalan Dato Yusof Shahbudin 21
No. 110, Jalan Dato Yusof Shahbudin 21, Taman Sentosa, 41200, Klang, Selangor
Jalan Dato Abdul Hamid 27
No. 83, Jalan Dato Abdul Hamid 27, Taman Sentosa, 41200, Klang, Selangor
Lorong Seremban Tiga 35/2
No. 1064, Lorong Seremban Tiga 35/2, Taman Seremban 3, 70300, Seremban, Negeri Sembilan
Jalan Iris 7
No. 46, Jalan Iris 7, Perumahan Jalan Iris, Taman Bunga Raya, 48300, Rawang, Selangor
Jalan Dato Abdul Hamid 9
No. 54, Jalan Dato Abdul Hamid 9, Taman Sentosa, 41200, Klang, Selangor
Jalan Cempaka 18
PT 20748, Jalan Cempaka 18, Taman Desa Cempaka 3, 71800 Nilai, 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 2789 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.