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 Jiran 6
No. 1243, Jalan Jiran 6, Taman Gembira, 58200 Kuala Lumpur
Jalan Pandan Indah 4/20
No. 7, Jalan Pandan Indah 4/20, Pandan Indah, 55100 Kuala Lumpur
Jalan Garcinia 1/6
No. 38, Jalan Garcinia 1/6, Taman Kundang Botanik, 48020 Rawang, Selangor
Jalan Setia Impian U13/3N
No. 51, Jalan Setia Impian U13/3N, Setia Alam, Section U13, 40170, Shah Alam, Selangor
Jalan Temenggung 43B/KS07
No. 15, Jalan Temenggung 43B/KS07, Taman Sejati Kehijauan, 41200, Klang, Selangor
Jalan Mahkota 10/KU2
No. 20, Jalan Mahkota 10/KU2, Mutiara Bukit Raja 2, 41050 Klang, Selangor
Lorong Nusari Aman 3/4B
No. 980, Lorong Nusari Aman 3/4B, Nusari Aman 2, 71900, Bandar Sri Sendayan, Negeri Sembilan
Jalan 15/5B
No. 18, Jalan 15/5B, Seksyen 15, 43650 Bandar Baru Bangi, Selangor
Jalan Bangi Avenue 1/3
No. 59, Jalan Bangi Avenue 1/3, Bangi Avenue, Seksyen 1, 43000 Kajang, Selangor
Lorong Batu Unjur 5
No. 12, Lorong Batu Unjur 5, Bayu Perdana, 41200, Klang, Selangor
Jalan U5/6
No. 11, Jalan U5/6, Bandar Pinggiran Subang, Seksyen U5, 40150, Shah Alam, Selangor
Jalan Eco Grandeur 3/1K
No. 32, Jalan Eco Grandeur 3/1K, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan Desa 7/5
No. 21, Jalan Desa 7/5, Bandar Country Homes, 48000 Rawang, Selangor
Jalan Hijayu 2/62
No. 965, Jalan Hijayu 2/62, Resort Residence , Hijayu 2, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Sungai Renggam 32/11A
No. Premis 20, Jalan Sungai Renggam 32/11A, Taman Berjaya, Seksyen 32, 40460, Shah Alam, Selangor
Jalan Diamond B1/3
No. 46, Jalan Diamond B1/3, Diamond Residence, 43500 Semenyih, Selangor
Jalan Eco Forest 2/2C
No. 19, Jalan Eco Forest 2/2C, Birchpark, Eco Forest, 43500 Semenyih, Selangor
Jalan Tanjung Sepang 30/232
No. 18, Jalan Tanjung Sepang 30/232, Taman Impian Cahaya, Seksyen 30, 40460 Shah Alam, Selangor
Jalan PP4
No. 16, Jalan PP4, Taman Pinggiran Putra Seksyen 2, 43300, Seri Kembangan, Selangor
Lorong Batu Nilam 8A
No. 49, Lorong Batu Nilam 8A, Bandar Bukit Tinggi, 41200, Klang, Selangor
Jalan SP 4/4
No. 38, Jalan SP 4/4, Bandar Saujana Putra, Lebuhraya Elite, 42610, Jenjarom, Selangor
Jalan RP 11/1
No. 7, Jalan RP 11/1, Taman Rawang Perdana 2, 48000, Rawang, Selangor
Jalan Hijayu 1/35
No. 829, Jalan Hijayu 1/35, Hijayu 1, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Palma 1/2
No. 9, Jalan Palma 1/2, Bandar Hillpark, 42300 Bandar Puncak 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.