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 Sena 1/4
No. 69, Jalan Sena 1/4, Taman Sena, 71450, Sungai Gadut, Negeri Sembilan
Jalan Bukit Citra 5
No. 252, Jalan Bukit Citra 5, Taman Bukit Citra, 71700, Mantin, Negeri Sembilan
Jalan Beringin
No. 34, Jalan Beringin, Taman Sari, 42700 Banting, Selangor
Taman Saujana Sekata
No. 23, Jalan SS 3/2, Taman Saujana Sekata, 43000 Kajang, Selangor
Lorong Iringan Bayu 42/10
No. 897, Lorong Iringan Bayu 42/10, Precint 8, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Kebun Nenas 4V/KS8
No. 8, Jalan Kebun Nenas 4V/KS8,, Bandar Putera 2,, 41200, Klang, Selangor
Jalan Alam Suria 16/14
No. 38, Jalan Alam Suria 16/14, Seksyen 16, 43200 Bandar Puncak Alam, Selangor
Lorong Iringan Bayu 41/5 Precint 8
No. 479, Lorong Iringan Bayu 41/5 Precint 8, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Taman Sri Garing
No. 10, Jalan SG 4, Taman Sri Garing, 48000, Rawang, Selangor
Lorong Alamanda 2/3
No. 298, Lorong Alamanda 2/3, Taman Alamanda, 70450 Seremban, Negeri Sembilan
Lorong Iringin Bayu 41/5
No. 486, Lorong Iringin Bayu 41/5, Taman Iringin Bayu, 70300 Seremban, Negeri Sembilan
Lorong Iringan Bayu 34/6
No. 126, Lorong Iringan Bayu 34/6, Precint 3 , Taman Iringan Bayu, Mambau, 70300, Seremban, Negeri Sembilan
Jalan PJU 3/33
No. 2A-2, Jalan PJU 3/33, Sunway Damansara, 47810, Petaling Jaya, Selangor
Jalan Rimbun Alam 6
No. 62, Jalan Rimbun Alam 6, Rimbun Alam, Seremban 2 Heights, 70300 Seremban, Negeri Sembilan
Jalan Hijayu 3/40
Premises No 1026, Jalan Hijayu 3/40, Hijayu 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Aruna 2
No. 12A, Jalan Aruna 2, Taman M Aruna, 48000, Rawang, Selangor
Jalan Bunga Raya 35
No. 215, Jalan Bunga Raya 35, Taman Tasik Jaya 2, 70400, Seremban, Negeri Sembilan
Jalan Bukit Canggang 28/9
No. 107, Jalan Bukit Canggang 28/9, Taman Alam Megah, 40400, Shah Alam, Selangor
Jalan Springhill 7/8
No. 322, Jalan Springhill 7/8, Residence 7, Bandar Springhill, 71010, Port Dickson, Negeri Sembilan
Jalan Bayam 1 24/3A
No. 3, Jalan Bayam 1 24/3A, Seksyen 24, 40300, Shah Alam, Selangor
Jalan Dato' Yusuf Shahabudin 24
No. 5, Jalan Dato' Yusuf Shahabudin 24, Taman Sentosa, 41200, Klang, Selangor
Jalan Dahlia 2/8
No. 9, Jalan Dahlia 2/8, Taman Dahlia, 43900, Sepang, Selangor
Jalan Nusa Intan 5/2
No. 661, Jalan Nusa Intan 5/2, Taman Nusa Intan, 70400 Seremban, Negeri Sembilan
Lorong Pinggiran 1b
No. 353, Lorong Pinggiran 1b, Bandar Seremban Selatan, 71450, Seremban, 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.