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 Pulau Indah U10/57b
No. 32, Jalan Pulau Indah U10/57b, Subang Impian, Seksyen U10, 40170, Shah Alam, Selangor
Jalan Nilam 16
No. 525, Jalan Nilam 16, Taman Jayamas, 70200 Seremban, Negeri Sembilan
Jalan Mulia 1/2
No. 14, Jalan Mulia 1/2, Taman Bukit Antarabangsa, 68000 Ampang, Selangor
Jalan Meranti 3/2
No. 75, Jalan Meranti 3/2, Bandar Hillpark, 42300, Selangor
Jalan Teratai 2/2
No. 10, Jalan Teratai 2/2, Saujana Utama 3, 47000, Sungai Buloh, Selangor
Jalan DBI 6
No. 18, Jalan DBI 6, Taman Desa Bukit Indah, 47000 Sungai Buloh, Selangor
Lorong Selat Selatan 25B/KS05
No. 22, Lorong Selat Selatan 25B/KS05, Taman Suria Pendamar, 42000, Pelabuhan Klang, Selangor
Jalan Aman Putra 2/5
No. 29, Jalan Aman Putra 2/5, Taman Aman Putra, 47100 Puchong, Selangor
Jalan Saujana KLIA 1/4
No. 77, Jalan Saujana KLIA 1/4, Taman Saujana KLIA, 43900, Sepang, Selangor
Jalan Gamelan 1E
No. 20, Jalan Gamelan 1E, Bandar Bukit Raja, 42100, Klang, Selangor
Jalan Myra Alam 1/1
No. 62, Jalan Myra Alam 1/1, Taman Myra Alam, 42300, Bandar Puncak Alam, Selangor
Jalan Myra Alam 1/4
No. 42, Jalan Myra Alam 1/4, Taman Myra Alam, 42300, Bandar Puncak Alam, Selangor
Jalan Palas 14
No. 85, Jalan Palas 14, Taman Dato Hormat, 42500 Telok Panglima Garang, Selangor
Jalan Permaisuri 8/6
No. 7, Jalan Permaisuri 8/6, Seksyen 6, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Jalan Sungai Renggam 32/10
No. 45, Jalan Sungai Renggam 32/10, Berjaya Park, Seksyen 32, 40460, Shah Alam, Selangor
Taman Kundang Jaya
No. 16, Jalan KJ 1C/7, Taman Kundang Jaya, 48020, Rawang, Selangor
Jalan Ceri 6/9
No. 16, Jalan Ceri 6/9, Bandar Hillpark, 42300 Bandar Puncak Alam, Selangor
Jalan U2/35
No. 39, Jalan U2/35, Seksyen U2, 40150 Shah Alam, Selangor
Amethyst 2
No. 11, Jalan KE 2/7, Amethyst 2, Kota Emerald, 48000, Rawang, Selangor
Jalan Springhill 7/8
No. 231, Jalan Springhill 7/8, Residence 7, Bandar Springhill, 71010, Port Dickson, Negeri Sembilan
Jalan Shorea Hartamas 8
No. 161, Jalan Shorea Hartamas 8, Taman Shorea Hartamas, 71050, Port Dickson, Negeri Sembilan
Jalan Saujana KLIA 1/3
No. 60, Jalan Saujana KLIA 1/3, Taman Saujana KLIA, 43900, Sepang, Selangor
Bandar Baru Bangi
No. 18, Jalan 4/10f, Seksyen 4, 43650, Bandar Baru Bangi, Selangor
Jalan Dagang 1/1
No. 57a, Jalan Dagang 1/1, Taman Dagang, 68000, Ampang, 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 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.