2824 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 4/10
No. 2, Jalan 4/10, Taman Koperasi Polis Phase 1, 68100 Kuala Lumpur
Jalan Kebun Nenas 3K/KS8
No. 27, Jalan Kebun Nenas 3K/KS8, Bandar Putera 2, 41200 Klang, Selangor
Jalan Dato Yusof Shahbudin 16A/KS07
No. 10, Jalan Dato Yusof Shahbudin 16A/KS07, Taman Sentosa, 41200, Klang, Selangor
Jalan Desa 12/9
No. 3, Jalan Desa 12/9, Bandar Country Homes, Rawang, Selangor
Jalan SP 6/6
No. 61, Jalan SP 6/6, Bandar Saujana Putra, Lebuhraya ELITE, 42610, Jenjarom, Selangor
Jalan DB 2
No. 185, Jalan DB 2, Taman Desiran Bayu, 47120, Puchong, Selangor
Lorong Selat Selatan 25E/KS5
No. 16, Lorong Selat Selatan 25E/KS5, Taman Suria Pendamar, 42000 Pelabuhan Klang, Selangor
Lorong Tan Sri Manikavasagam 11A
No. 15, Lorong Tan Sri Manikavasagam 11A, Taman Menara Maju, 41000, Klang, Selangor
Jalan Taman Garing Jaya 5
No. 8, Jalan Taman Garing Jaya 5, Taman Garing Jaya, 48000 Rawang, Selangor
Jalan GU 1/12
No. 21, Jalan GU 1/12, Taman Garing Utama, 48000 Rawang, Selangor
Jalan Desa Kundang 4
No. 34, Jalan Desa Kundang 4, Taman Desa Kundang, Rawang, Selangor
Jalan BSE 4/23
No. 20, Jalan BSE 4/23, Bandar Seri Ehsan, 42700, Banting, Selangor
Jalan Ekar 1/5
No. 223, Jalan Ekar 1/5, Bandar Ekar, 71200 Rantau, Negeri Sembilan
Jalan 6/38A
No. 1, Jalan 6/38A, Laman Scenaria Kiara, 51200, Kuala Lumpur
Jalan P. Ramlee
No. B-33-1, Sky Suites @ KLCC, Jalan P. Ramlee, 50250 Kuala Lumpur
Jalan Saujana 8
No. 19, Jalan Saujana 8, Taman Ampang Saujana, 68000 Ampang, Selangor
Jalan Hijauan 7
No. 7, Jalan Hijauan 7, Taman Hijauan, Bandar Gamuda Cove, 42700 Banting, Selangor
Jalan Tasik Prima 4/2
No. 28-1, Premises No. 28, Jalan Tasik Prima 4/2, Taman Tasik Prima, 47150 Puchong, Selangor
Jalan Amansiara 1/5
No. 75-1, Jalan Amansiara 1/5, Taman Amansiara, 48000 Rawang, Selangor
Jalan TP 1/2
Premises No. 48, Jalan TP 1/2, Tiara Putra, 47000 Rawang, Selangor Darul Ehsan.
Jalan Mohd Tahir 25
No. 52, Jalan Mohd Tahir 25, Taman Saujama Jati, 41200 Klang, Selangor
Jalan Tanjung Pelepas 30/156
No. 31, Jalan Tanjung Pelepas 30/156, Jalan Abdullah, Seksyen 30, 40460 Shah Alam, Selangor
Jalan Tanjung Api-Api 30/10
No. 37, Jalan Tanjung Api-Api 30/10, Taman Khalid Al-Walid, Seksyen 30, 40460 Shah Alam, Selangor
Jalan Kosas 3/7
No. 46, Jalan Kosas 3/7, Taman Kosas, 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 2824 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.