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 Hijau Pelangi U9/55
No. H-01-2, Jalan Hijau Pelangi U9/55, Primer Garden Town Villas, Cahaya SPK, Seksyen U9, 40150 Shah Alam, Selangor
Jalan Forest Heights 3/20
No. 480, Jalan Forest Heights 3/20, Precinct 3A, Seremban Forest Heights, 70450 Seremban, Negeri Sembilan
Lorong Az-Zaharah 10/4F
No. 17, Lorong Az-Zaharah 10/4F, Seksyen 10, 42300 Bandar Puncak Alam, Selangor
Jalan SP 2/11B
No. 25, Jalan SP 2/11B, Taman Subang Perdana(2), Seksyen U3, 40150 Shah Alam, Selangor
Jalan BU 2/5
No.22A, Jalan BU 2/5, Taman Bukit Utama, Bukit Antarabangsa, 68000, Ampang, Selangor
Jalan Selat Selatan 1/4
No. 25, Jalan Selat Selatan 1/4, Taman Selat Damai Pandamaran, 42000, Klang, Selangor
Jalan Kerongsang 7
No. 29, Jalan Kerongsang 7, Bandar Puteri Klang, 41200, Klang, Selangor
Jalan Suria Tropika 1
No. 2, Jalan Suria Tropika 1, Taman Suria Tropika, 43300 Seri Kembangan, Selangor
Jalan Senawang Perdana 10
No. 288, Jalan Senawang Perdana 10, Taman Senawang Perdana, 71450, Sungai Gadut, Negeri Sembilan
Jalan BP 13A
No. 27, Jalan BP 13A, Taman Bukit Pertama, 68100 Batu Caves, Selangor
Jalan Rimba 2
No. 2A, Jalan Rimba 2, Taman Rimba, Bandar Gamuda Goves, 42700 Banting, Selangor
Jalan KB 15
No. 29, Jalan KB 15, Kita Bayu Cybersouth, 43800 Dengkil, Selangor
Jalan UP 3/7B
No. 7, Jalan UP 3/7B, Taman Ukay Perdana, 68000 Ampang, Selangor
Jalan 26/39
No. 455, Jalan 26/39, Taman Petaling, Kepong Baru, 52100 Kuala Lumpur
Jalan Tasik Selatan 15
No. 55, Jalan Tasik Selatan 15, Bandar Tasik Selatan, 57100 Kuala Lumpur
Jalan Sari Alamanda 8/6
No. 77, Jalan Sari Alamanda 8/6, Sari Alamanda, 48000 Rawang, Selangor
Jalan Residensi Lambaian 1/5
No. 31, Jalan Residensi Lambaian 1/5, Residensi Lambaian Dua, 43000 Kajang, Selangor
Jalan Suriaman 2/6
No. 315, Jalan Suriaman 2/6, Suriaman 2, 71950 Bandar Sri Sendayan, Negeri Sembilan
Jalan Batang Kelang 27/40
No. 55, Jalan Batang Kelang 27/40, Seksyen 27, 40400, Shah Alam, Selangor
Jalan Bukit Setiawangsa 2
No. 8, Jalan Bukit Setiawangsa 2, Taman Setiawangsa, 54200 Kuala Lumpur
Jalan BSJ 1
No. 16, Jalan BSJ 1, Taman Bukit Segar Jaya, 68000, Ampang, Selangor
Jalan Damai Bakti 3
No. 54, Jalan Damai Bakti 3, Alam Damai, Cheras, 56000 Kuala Lumpur
Jalan Cassia 1/KS6
No. 14, Jalan Cassia 1/KS6, Bandar Botanic, 41200, Klang, Selangor
Jalan Elektron U16/50B
No. 10, Jalan Elektron U16/50B, Denai Alam, 40160, Shah Alam, 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.