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 5/3b
No. 49, Jalan 5/3b, Btp5, Bandar Tasik Puteri, 48020, Rawang, Selangor
Jalan Mahkota 2
No. 25, Jalan Mahkota 2, Taman Pinggiran Mahkota, 43200 Sungai Long, Selangor
Jalan Nuri 7/16
No. 2, Jalan Nuri 7/16, PB Sungai Buloh, 47810, Petaling Jaya, Selangor
Jalan NPT 7/1E
No. 11, Jalan NPT 7/1E, Taman Nusaputra Timur, 47130, Puchong, Selangor
Jalan BSC 4A/5
No. 50, Jalan BSC 4A/5, Bandar Seri Coalfields, Presint 4, 47000, Sungai Buloh, Selangor
Jalan Anggerik Vanilla 31/98P
No. 9, Jalan Anggerik Vanilla 31/98P, Canal Garden, Kota Kemuning, 40460, Shah Alam, Selangor
Jalan Desa Kenanga 2/1
No. 27, Jalan Desa Kenanga 2/1, Taman Desa Kenanga 2, 43500, Semenyih, Selangor
Jalan Adang U8/17
No. 81, Jalan Adang U8/17, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Jalan Bukit Semenyih 3/1
No. 1, Jalan Bukit Semenyih 3/1, Taman Bukit Semenyih, 43500 Semenyih, Selangor
Jalan Puncak Saujana 5/2c
No. 45A, Jalan Puncak Saujana 5/2c, Taman Puncak Saujana, Seksyen 5, 43000, Kajang, Selangor
Jalan MR 1/15
No. 2, Jalan MR 1/15, Taman M- Residensi, 48020, Rawang, Selangor
Jalan Fauna 3/5
No. 18, Jalan Fauna 3/5, Bandar Rimbayu, 42500, Telok Panglima Garang, Selangor
Jalan PJU 10/17B
No. 16-2, Jalan PJU 10/17B, Sutera Damansara, 47830 Petaling Jaya, Selangor
Jalan Hijau Pelangi U9/55
No. L-16-2, Jalan Hijau Pelangi U9/55, Hijau Pelangi, Cahaya SPK, Shah Alam, 40150 Shah Alam, Selangor
Jalan SS14/7A
No. 10, Jalan SS14/7A, 47500, Subang Jaya, Selangor
Jalan Damai Perdana 2/5
No. 23, Jalan Damai Perdana 2/5, Bandar Damai Perdana, 43200 Cheras, Selangor
Jalan Cassia U17/72
No. 15, Jalan Cassia U17/72, Elmina West, Seksyen U17, 40160, Shah Alam, Selangor
Jalan Panglima Awang 35/126B
No. 23, Jalan Panglima Awang 35/126B, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Jalan BP 14/5
No. 108, Jalan BP 14/5, Bandar Bukit Puchong 2, 47120 Puchong, Selangor
Jalan Zaitun 8/4
No. 43, Jalan Zaitun 8/4, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan USJ 11/4L
No. 46, Jalan USJ 11/4L, USJ 11, 47620, Subang Jaya, Selangor
Jalan Cecawi PSB 6/15
No. 3, Jalan Cecawi PSB 6/15, 47810, Sungai Buloh, Selangor
Jalan Dividen Dua 23/6B
No. 64, Jalan Dividen Dua 23/6B, Seksyen 23, 40300 Shah Alam, Selangor
Jalan Hijayu 3/60
No. 1624, Jalan Hijayu 3/60, Hijayu 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
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.