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 Nusa Intan 2/6
No. 97, Jalan Nusa Intan 2/6, Taman Nusa Intan, 70400, Seremban, Negeri Sembilan
Bandar Saujana Putra
No. 16 Jalan SP 3/12, Bandar Saujana Putra, 42610, Jenjarom, Selangor
Jalan Setia Impian U13/3S
No. 41, Jalan Setia Impian U13/3S, Setia Alam, Seksyen U13, 40170, Shah Alam, Selangor
Jalan Puncak 2
No. 11, Jalan Puncak 2, Taman Puncak Bukit Utama, Bukit Antarabangsa, 68000, Ampang, Selangor
Jalan Pesona 25/116B
No. 22, Jalan Pesona 25/116B, Pesona Kemuning, Seksyen 25, 40400, Shah Alam, Selangor
Jalan Gelang 7/KS07
No. 104, Jalan Gelang 7/KS07, Bandar Puteri, 41200, Klang, Selangor
Jalan D'Alpinia 6
No. 42A-2, Jalan D'Alpinia 6, Taman D'Alpinia, 47110, Puchong, Selangor
2A Jalan Seri Utara
No. 29, 2A Jalan Seri Utara (J 2/3C), Villamas 1, Sri Utara Off Jalan Ipoh-Rawang, 68100 Kuala Lumpur
Jalan Pulau Pinang 6
No. 35, Jalan Pulau Pinang 6, Off Jalan Meru, 41050 Klang, Selangor
Jalan Sungai Merbau 32/84
No. 20, Jalan Sungai Merbau 32/84, Kemuning Greenville, 40460 Shah Alam, Selangor
Jalan Fauna 2B/2
No. 22, Jalan Fauna 2B/2, Bandar Rimbayu (Fauna), 42500, Telok Panglima Garang, Selangor
Jalan Abadi 1/2
No. 7, Jalan Abadi 1/2, Abadi Heighs, 47120 Puchong, Selangor
Jalan Kajang Selatan 1/1
No. 87, Jalan Kajang Selatan 1/1, Kajang Selatan, 43500, Semenyih, Selangor
Jalan Platinum 7/44
No. 71, Jalan Platinum 7/44, Seksyen 7, 40000 Shah Alam, Selangor
Jalan Bukit Mewah 9/15
No. 2, Jalan Bukit Mewah 9/15, Taman Bukit Mewah, Semenyih, 43000, Kajang, Selangor
Jalan TMP 6
No. 30, Jalan TMP 6, Taman Mutiara Puchong, 47100 Puchong, Selangor
Taman Ehsan
No. 737, Jalan E 5/3, Taman Ehsan, 52100, Kepong, Kuala Lumpur
Jalan Pulau Angsa U10/32C
No. 5, Jalan Pulau Angsa U10/32C, Seksyen U10, 40170, Shah Alam, Selangor
Jalan Eco Grandeur 3/2J
No. 21, Aras Dua (2), Jalan Eco Grandeur 3/2J, Eco Grandeur, 42300, Bandar Puncak Alam, Selangor
Jalan Aruna 7
No. 46, Jalan Aruna 7, Taman M Aruna, 48020, Rawang, Selangor
Bandar Sungai Long
No. 18, Jalan Sl 6/5, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan Hijayu 2/62
No. 991, Jalan Hijayu 2/62, Resort Residence, Hijayu 2, Bandar Sri Sendayan, 71950 Seremban, Negeri Sembilan
Jalan Pandan Indah 4/20
No. 7, Jalan Pandan Indah 4/20, Pandan Indah, 55100 Kuala Lumpur
Jalan Jiran 6
No. 1243, Jalan Jiran 6, Taman Gembira, 58200 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 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.