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.
Lorong Aminuddin Baki 4
No. 1A, Lorong Aminuddin Baki 4, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Bukit Kiara
No. 13, East Residence @ KLGCC, Jalan Bukit Kiara, 60000 Kuala Lumpur
Jalan Sri Hartamas 17
No. D19, KH Villa Hartamas, No. 9, Jalan Sri Hartamas 17, Taman Sri Hartamas, 50480, Kuala Lumpur
Lorong Rahim Kajai 9
No. 21 & 23, Lorong Rahim Kajai 9, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Denai Selatan
No. 39, Jalan Denai Selatan, SouthLake, Desa Parkcity, 52200 Kuala Lumpur
Jalan Setia Perdana U13/30a
No. 46, Jalan Setia Perdana U13/30a, Setia Alam, 40170, Shah Alam, Selangor
Jalan Terasek 7
No. 83, Jalan Terasek 7, Bangsar Baru, 59100 Kuala Lumpur
Jalan Kemuning Permai 33/42g
No. 5, Jalan Kemuning Permai 33/42g, Taman Kemuning Utama, Seksyen 33, 40400, Shah Alam, Selangor
Jalan BRP 2/1H
No. 24, Jalan BRP 2/1H, Bukit Rahman Putra, 40160, Shah Alam, Selangor
Jalan 3/6L
No. 6, Jalan 3/6L, Seksyen 3, 43650 Bandar Baru Bangi, Selangor
Jalan Bukit Templer
No. 28, Jalan Bukit Templer, Taman Bukit Templer, 48000 Rawang, Selangor
Jalan Teratak U8/106
No. 12, Jalan Teratak U8/106, Bukit Jelutong, 40150, Shah Alam, Selangor
Jalan Putra Perdana 12
No. 11, Jalan Putra Perdana 12, The Glades, Putra Heights, Off Persiaran Putra Perdana, Seksyen 3, Putra Heights, 47650 Subang Jaya, Selangor
Jalan SR 1
No. 95, Senja Residence, Jalan SR 1, The Mines Resort City, 43300 Seri Kembangan, Selangor
Jalan NPT 7/1C
No. 1, Jalan NPT 7/1C, Taman Nusaputra Timur, 47130, Puchong, Selangor
Jalan 14/3
No. 35, Jalan 14/3, Taman Tun Abdul Razak, 68000, Ampang, Selangor
Jalan U13/53A
No. 15, Jalan U13/53A, Eco Ardence, Seksyen U13, 40170, Setia Alam, Selangor
Jalan Mirage 1
No. 42, Jalan Mirage 1, Mirage Perdana Lake View West, Cyber 7, 63000, Cyberjaya, Selangor
Jalan Sepah Puteri 5/3
No. 172, Jalan Sepah Puteri 5/3, Seri Utama, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor
Jalan PJU 8/1
No. 63A, Parcel 5, Empire Residence, Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Jalan D'Suria 4
No. 22A, Jalan D'Suria 4, Taman D'Suria Ampang (D'Suria Residency), 68000 Ampang, Selangor
Jalan Vista 6/5
No. 2, Jalan Vista 6/5, Taman Cheras Vista, 43200 Cheras, Selangor
Jalan Kelab Ukay 2
No. 36, Jalan Kelab Ukay 2, Kelab Ukay Residence, 68000 Ampang, Selangor
Lorong Setiapuspa 2
No. 29, Lorong Setiapuspa 2, Bukit Damansara, 50490 Kuala Lumpur
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.