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 Casuarina U17/63C
No. 6, Jalan Casuarina U17/63C, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Kota Perdana
No. 2, Jalan KP 2/6, Kota Perdana, Bandar Putera Permai, 43300 Seri Kembangan, Selangor
Jalan SKJ 4/3
No. 1, Jalan SKJ 4/3, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Jalan Setia Alamsari 1/1
No. 25, Jalan Setia Alamsari 1/1, Setia Alamsari, 43000, Kajang, Selangor
Jalan Elektron U16/36
No. 81, Jalan Elektron U16/36, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Suakasih 3/5
No. 9, Jalan Suakasih 3/5, Bandar Tun Hussein Onn, 43200, Cheras, Selangor
Jalan Puteri 5E/2
No. 56, Jalan Puteri 5E/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan Helikonia
No. 3, Block A, Jalan Helikonia, Pusat Perniagaan Helikonia Auto City, 48000 Rawang, Selangor
Bandar Rimbayu
No. 102, Jalan 1A/1, Bandar Rimbayu, 42500 Telok Panglima Garang, Selangor
Jalan Mirage 4
No. 3, Jalan Mirage 4, Mirage Perdana Lakeview West, Cyber 7, 63000 Cyberjaya, Selangor
Jalan LEP 3
No. 1, Jalan LEP 3, Taman Lestari Putra, 43300 Seri Kembangan, Selangor
Jalan Elektron U16/81A
No. 8, Jalan Elektron U16/81A, Denai Alam, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Aman Serenia 11/13
No. 1, Jalan Aman Serenia 11/13, Serenia City, 43900 Sepang, Selangor
Jalan Dart 13/22
No. 21, Jalan Dart 13/22, Seksyen 13, 40100, Shah Alam, Selangor
Jalan Ara Sendayan 5/11
No. 1246, Jalan Ara Sendayan 5/11, Ara Sendayan, 70300, Seremban, Negeri Sembilan
Taman Desa Mas
No. 35, Jalan DM 2, Taman Desa Mas, Sungai Merab, 43000 Kajang, Selangor
Jalan Bukit Permata 1
No. 30, Jalan Bukit Permata 1, Bukit Permata, 68100, Batu Caves, Selangor
Jalan Eco Grandeur 8/2B
No. 31 (Developer's Parcel No. G80536), Jalan Eco Grandeur 8/2B, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan Wangsa 3
No. 14, Jalan Wangsa 3, Wangsa Ukay, 68000 Ampang, Selangor
Jalan Frekuensi U16/119
No. 29, Jalan Frekuensi U16/119, Elmina East, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Cassia U17/68B
No. 4, Jalan Cassia U17/68B, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Jalan Cokmar 2A
No. 10, Jalan Cokmar 2A, Mutiara Bukit Raja, 41050, Klang, Selangor
Taman Sri Serdang
No. 5094, Jalan 18/62, Taman Sri Serdang, 43300 Seri Kembangan, Selangor
Jalan Kasih 5
No. 1, Jalan Kasih 5, Taman Kasih, 43000, KAJANG, 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.