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 USJ 13/1A
No. 22A, Jalan USJ 13/1A, 47630, Subang Jaya, Selangor
Jalan Dc 1/23
No. 2, Jalan Dc 1/23, Desa Coalfields, 47000, Sungai Buloh, Selangor
Lorong Rimbun Harmoni 7/1
No. 188, Lorong Rimbun Harmoni 7/1, Rimbun Harmoni, S2 Heights, 70300, Seremban, Negeri Sembilan
Jalan Eco Grandeur 2/1E
No. 42A, Jalan Eco Grandeur 2/1E, 42300 Bandar Puncak Alam, Selangor
Jalan KE 9/2F
No. 5, Jalan KE 9/2F (Fasa 2C), Kota Emerald, 48000, Rawang, Selangor
Jalan Bangi Vista 1
No. 11, Jalan Bangi Vista 1, Bangi Vista, 43000 Kajang, Selangor
Jalan Selasih U12/14F
No. 4, Jalan Selasih U12/14F, Cahaya Alam, Seksyen U12, 40170, Shah Alam, Selangor
Jalan TPS 2/7
No. 2, Jalan TPS 2/7 (Oakberry Residence), Taman Pelangi Semenyih 2, 43500, Semenyih, Selangor
Jalan PJU 3/33 Sunway Damansara
No. 7-2, Parkville Townhouse, Jalan PJU 3/33 Sunway Damansara, 47810 Petaling Jaya, Selangor
Lorong Udang Ketak 1
No. 5-4, Lorong Udang Ketak 1, Taman Sri Segambut, Segambut 52000, Kuala Lumpur
Jalan KE 11/3A
No. 58, Jalan KE 11/3A, Kota Emerald, 48000 Rawang, Selangor
Jalan Meranti 1
No. 2, Jalan Meranti 1, Taman Malawati Jaya, 45000, Kuala Selangor, Selangor
Jalan 7/3-1
No. 1427, Jalan 7/3-1, Kepayang Height, 70200 Seremban, Negeri Sembilan
Jalan MR 2/3
No. 10, Jalan MR 2/3, Taman M-Residensi 2, 48020 Rawang, Selangor
Jalan Ecohill 3/3F
No. 33, Jalan Ecohill 3/3F, Setia Ecohill, 43500, Semenyih, Selangor
Jalan Desa 13/7
No. 2, Jalan Desa 13/7, Bandar Country Homes, 48000, Rawang, Selangor
Jalan BS 2/4
No. 12-G-19, Bayan Villa, Jalan BS 2/4, Taman Bukit Serdang, Seksyen 2, 43300 Seri Kembangan, Selangor
Jalan Forest Heights 3/2
No. 45, Jalan Forest Heights 3/2, Precinct 3, Seremban Forest Heights, 70450 Seremban, Negeri Sembilan
Jalan Bukit Mantin 9
No. 34, Jalan Bukit Mantin 9, Taman Bukit Mantin, 71700, Mantin, Negeri Sembilan
Jalan Ruby 6
No. 21, Jalan Ruby 6, Taman Ruby, 43800 Dengkil, Selangor
Jalan Intan 1/5
No. 1, Jalan Intan 1/5, Taman Puchong Intan, 47150 Puchong, Selangor
Jalan Makyong 6D/KU5
No. 15, Jalan Makyong 6D/KU5, Bandar Bukit Raja, 41050 Klang, Selangor
Jalan ST 1
No. 57, Jalan ST 1, Taman Samudra Teres, 68100 Batu Caves, Selangor
Jalan Paya Lebar Tiga 27/10C
No. 18, Jalan Paya Lebar Tiga 27/10C, Seksyen 27, 40400 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.