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 Kesuma 5/1B
No. 39, Jalan Kesuma 5/1B, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Lorong Hijau 3/2
No. 154, Lorong Hijau 3/2, Taman Hijau, 48000 Rawang, Selangor
Jalan USJ 3A/7
No. 42, Jalan USJ 3A/7, 47610, Subang Jaya, Selangor
Jalan Suriaman 3/8 Suriaman 3
No. 1043, Jalan Suriaman 3/8 Suriaman 3, 71950 Bandar Sri Sendayan, Negeri Sembilan
Lorong Temenggung 41A/KS07
No. 47, Lorong Temenggung 41A/KS07, Taman Sejati Kehijauan, 41000, Klang, Selangor
Jalan Elektron U16/96C
No. 13, Jalan Elektron U16/96C, Sekyen U16, Denai Alam, 40160, Shah Alam, Selangor
Jalan Platinum 7/49
No. 15, Jalan Platinum 7/49, Seksyen 7, 40000, Shah Alam, Selangor
Jalan Suriaman 3/14
No. 1195, Jalan Suriaman 3/14, Suriaman 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
Taman Kepong Tambahan
No. 1531, Jalan 38, Taman Kepong Tambahan, 52100 Kuala Lumpur
Jalan Pulau Angsa U10/1B
No. 23, Jalan Pulau Angsa U10/1B, Sunway Alam Suria, 40170, Shah Alam, Selangor
Jalan Kuning Padi U9/42
No. 31, Jalan Kuning Padi U9/42, Subang Sejahtera, Seksyen U9, 40150 Shah Alam, Selangor
Jalan Hillpark 8/5
No. 33A, Jalan Hillpark 8/5, Hillpark 3, 43500, Semenyih, Selangor
Taman Seri Jaromas
No. 7, Jalan 3/10, Taman Seri Jaromas, 42600, Jenjarom, Selangor
Jalan Nusari Aman 7/6
No. 1759, Jalan Nusari Aman 7/6, Nusari Aman 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Elektron U16/86
No. 64, Jalan Elektron U16/86, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan PJU 10/14H
No. 7, Jalan PJU 10/14H, Saujana Damansara PJU 10, 47830, Petaling Jaya, Selangor
Taman Putra Prima
No. 92, Jalan Pp 2/10, Taman Putra Prima, 47130, Puchong, Selangor
Jalan Tun Teja 35/6F
No. 22, Jalan Tun Teja 35/6F, Seksyen 35, 40470, Shah Alam, Selangor
Jalan Cempaka Lui 1
No. 1, Jalan Cempaka Lui 1, Taman Cempaka Lui, 43100 Hulu Langat, Selangor
Jalan Penggawa 15/2
No. 7, Jalan Penggawa 15/2, Seksyen 2, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Jalan Hijayu 1/17
No. 482, Jalan Hijayu 1/17, Hijayu 1, Bandar Sri Sendayan, 71950, Seremban, Negeri Sembilan
Jalan Enggang
No. 32, Jalan Enggang, Bandar Puchong Jaya, 47100, Puchong, Selangor
Jalan Selangat
No. 96, Jalan Selangat, Taman Cantik, 56100 Kuala Lumpur
Jalan USJ 1/12
No. 2, Jalan USJ 1/12, Taman Subang Permai, USJ 1, 47600 Subang Jaya, 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.