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 Damai Jasa 8
No. 19, Jalan Damai Jasa 8, Alam Damai, 56000 Kuala Lumpur
Jalan Elektron U16/51
No. 17, Jalan Elektron U16/51, Seksyen U16, Denai Alam, 40160, Shah Alam, Selangor
Jalan BK 9/5D
No. 38, Jalan BK 9/5D, Bandar Kinrara, 47180, Puchong, Selangor
Jalan PJU 8/1
No. 11, Parcel 8, Empire Residence, Jalan PJU 8/1, Damansara Perdana, PJU 8, 47820 Petaling Jaya , Selangor
Jalan Aman Ria 3
No. 12A, Jalan Aman Ria 3, Amanria Residence, Batu 14, 47100, Puchong, Selangor
Jalan BPP 6/5C
No. 3, Jalan BPP 6/5C, Karisma Hill, Pusat Bandar Putra Permai, Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan 7/149L
No. 21, Jalan 7/149L, Bandar Baru Seri Petaling, 57000 Kuala Lumpur
Jalan Puchong Utama 7C
No. 2, Jalan Puchong Utama 7C, Taman Tasik Prima, 47150 Puchong, Selangor
Lorong Beluntas 2
No. 28, Lorong Beluntas 2, Medan Damansara, 50490 Kuala Lumpur
Jalan Belimbing Indah
No. 1, Jalan Belimbing Indah, Taman Belimbing Indah, 43300, Seri Kembangan, Selangor
Jalan USJ Heights 4/2A
No. 15, Jalan USJ Heights 4/2A, USJ Heights, 47610, Subang Jaya, Selangor
Jalan SS 26/3
No. 43, Jalan SS 26/3, Taman Mayang Jaya, 47301, Petaling Jaya, Selangor
Jalan Schumann 3A
No. 11, Jalan Schumann 3A, Symphony Hills, Cyber 9, 63000 Cyberjaya, Selangor
Jalan D'Alpinia Utama
No. 12, Andana Villa, Jalan D'Alpinia Utama, Taman D'Alpinia, 47120 Puchong, Selangor
Jalan Eco Santuari 2/2A
No. 43, Jalan Eco Santuari 2/2A, Eco Santuari, 42500 Telok Panglima Garang, Selangor
Jalan Wangsa 1/3
No. 9, Jalan Wangsa 1/3, Taman Wangsa Cheras, 43200, Cheras, Selangor
Jalan Sierra 3/7
No. 10, Jalan Sierra 3/7, Bandar 16 Sierra, 47120, Puchong, Selangor
Jalan Schubert 1C
No. 2, Jalan Schubert 1C, Symphony Hills, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Putra Prima 5/1
No. 17, Jalan Putra Prima 5/1, Taman Putra Prima, 47130, Puchong, Selangor
Jalan Kenanga SD 9/9B
No. 6, Jalan Kenanga SD 9/9B, Bandar Sri Damansara (52200 Kuala Lumpur), 52200, Petaling Jaya, Selangor
Jalan NPT 7/1K
No. 22A, Jalan NPT 7/1K, Taman Nusaputra Timur, 47130 Puchong, Selangor
Jalan 3/9
No. 28, Jalan 3/9, Taman Residen Tiara, Bandar Baru Selayang, 68100 Batu Caves, Selangor
Jalan SS 26/3
No. 45, Jalan SS 26/3, Taman Mayang Jaya, 47301, Petaling Jaya, Selangor
Jalan Fauna 2B/5
No. 1, Jalan Fauna 2B/5, Bandar Rimbayu, 42500, Telok Panglima Garang, 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 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.