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.
Lorong Delima 5
No. 62, Lorong Delima 5, Bandar Parklands, 41200 Klang, Selangor
Jalan Hijayu 3/59
No. 1564, Jalan Hijayu 3/59, Hijayu 3, Bandar Sri Sendayan, 71950 Seremban, Negeri Sembilan
Jalan Bayu Sutera 1/8
No. 312, Jalan Bayu Sutera 1/8, Taman Bayu Sutera, 71960 Port Dickson, Negeri Sembilan
Jalan Saujana Indah 6
No. 290, Jalan Saujana Indah 6, Saujana Indah, S2 Heights, 70300 Seremban, Negeri Sembilan
Jalan Nusa Intan 1/11
No. 1277, Jalan Nusa Intan 1/11, Taman Nusa Intan, 70400 Seremban, Negeri Sembilan
Sri Petaling
No. 88, Jalan 11/149D, Sri Petaling, 57000 Kuala Lumpur.
Jalan Palas 13
No. 5, Jalan Palas 13, Taman Dato Hormat, Telok Panglima Garang, 42500, Banting, Selangor
Jalan Desa 7/13
No. 53A, Jalan Desa 7/13, Bandar Country Homes, 48000 Rawang, Selangor
Jalan Cuepacs 4
No. 23, Jalan Cuepacs 4, Taman Koperasi Cuepacs Kajang, 43000, Kajang, Selangor
Taman Sri Putra
No. 9, Jalan SP 18, Taman Sri Putra, Sg Buloh, 47000 Rawang, Selangor
Jalan Alam Suria 16/34
No. 34, Jalan Alam Suria 16/34, Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Bandar Baru Sungai Buloh
No. 1216, Jalan 1D/2, Bandar Baru Sungai Buloh, Seksyen U20, 40160 Sungai Buloh, Selangor
Jalan Telipot 3a
No. 2, Jalan Telipot 3a, Perumahan Jalan Telipot, Seksyen Bs9,bukit Sentosa, 48300, Rawang, Selangor
Jalan Bentara 26A/KS07
No. 23, Jalan Bentara 26A/KS07, Taman Bijaya, 41000 Klang, Selangor
Jalan Sierra 1/2
No. 66-2, Jalan Sierra 1/2, Bandar 16 Sierra, 47110, Puchong, Selangor
Bandar Pinggiran Subang Seksyen U5
No. 9, Jalan U5/6 (also known as Jln Utarid U5/6 on site), Bandar Pinggiran Subang Seksyen U5, 40150, Shah Alam, Selangor
Jalan Springhill 5/5
No. 269, Jalan Springhill 5/5, Residence 5, Bandar Springhill, 71010 Port Dickson, Negeri Sembilan
Jalan Persiaran Minang 6
No. 9, Jalan Persiaran Minang 6, Taman Minang (Fasa 2), 56000 Cheras, Selangor
Jalan Iringan Bayu 20
No. 122, Jalan Iringan Bayu 20, Precint 2, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Bayu Sutera 1/10
No, 357, Jalan Bayu Sutera 1/10, Taman Bayu Sutera, 71960 Port Dickson, Negeri Sembilan
Jalan Satria 1
No. 6, Jalan Satria 1, Taman Satria, 42500 Telok Panglima Garang, Selangor
Jalan Nenas Madu 10/KU10
No. 8, Jalan Nenas Madu 10/KU10, Taman Saujana Meru, 42200 Klang, Selangor
Jalan Tiara Sendayan 14/18
No. 931, Jalan Tiara Sendayan 14/18, Taman Tiara Sendayan, 71900 Labu, Negeri Sembilan
Jalan Bayu Sutera 2/9
No. 741, Jalan Bayu Sutera 2/9, Taman Bayu Sutera, 71960 Port Dickson, 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 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.