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 Balakong Jaya 23
No. 40, Jalan Balakong Jaya 23, Taman Balakong Jaya, 43300 Seri Kembangan, Selangor
Lorong Masjid Sultan 9C/KS13
No. 4, Lorong Masjid Sultan 9C/KS13, Taman Tradisi Indah, Kampung Sungai Pinang, 42920 Pelabuhan Klang, Selangor
Jalan 7B/KU15
No. 59, Jalan 7B/KU15, Taman Perepat Permai, 42200 Kapar, Selangor
Jalan Fauna 1
No. 4-05-B, Block 4, Cyberia Crescent 1 Townvilla, Jalan Fauna 1, Cyber 9, 63000 Cyberjaya, Selangor
Jalan Diamond B1/3
No. 7, Jalan Diamond B1/3, Diamond Residence, 43500 Semenyih, Selangor
Jalan PR 2/3
No. 44, Jalan PR 2/3, Taman Perdana Residence 2, 68100 Selayang, Selangor
Jalan Matafasa U16/168
No. 2, Jalan Matafasa U16/168, Seskyen U16, 40160 Elmina West, Selangor
Jalan SM 8
No. 11, Jalan SM 8, Taman Subang Mas, 47500 Subang Jaya, Selangor
Jalan Palma 24
No. 15, Jalan Palma 24, Taman Palma, 42700 Banting, Selangor
Jalan Putra Permai 10/2h
No. 17, Jalan Putra Permai 10/2h, Putra Heights, 47650, Subang Jaya, Selangor
Jalan Tun Teja 35/6d
No. 13, Jalan Tun Teja 35/6d, Alam Impian, Seksyen 35, 40470, Shah Alam, Selangor
Jalan Mm 4
No. 5, Jalan Mm 4, Taman Myra Meranti, 47120, Puchong, Selangor
Jalan Bukit Chemara 2
No. 93, Jalan Bukit Chemara 2, Taman Bukit Chemara, 70200 Seremban, Negeri Sembilan
Persiaran Hijau Kasturi
No. 20, Persiaran Hijau Kasturi (Persiaran Seri Hijau Kasturi), Cahaya SPK, 40150 Shah Alam, Selangor
Jalan Dj 1
No. 2, Jalan Dj 1, Taman Delima Jaya, 43800, Dengkil, Selangor
Jalan TSR 1
No. 2, Jalan TSR 1, Taman Scientex Rawang, 48000 Rawang, Selangor
Jalan Ridgeview 5
No. 18, Jalan Ridgeview 5, The Ridgeview Residence, Taman Bukit Permai, 43000 Kajang, Selangor
Jalan Ecohill 7/6B
No. 17, Jalan Ecohill 7/6B, Setia Ecohill 2, 43500, Semenyih, Selangor
Jalan BPP 7/8
No. 23, Jalan BPP 7/8, Pusat Bandar Putra Permai, 43300 Seri Kembangan, Selangor
Jalan PJU 10/16A
No. 12A, Jalan PJU 10/16A, Sutera Damansara, 47830, Petaling Jaya, Selangor
Jalan Tropicana Heights 3/3
No. 3-2, Jalan Tropicana Heights 3/3, Tropicana Heights, 43000 Kajang, Selangor
Jalan Eco Grandeur 8/3D
No. 39 (Developer's Parcel No. G80175), Jalan Eco Grandeur 8/3D, Eco Grandeur, 42300 Bandar Puncak Alam, Selangor
Jalan Angkasa Indah 1C
No. 5, Jalan Angkasa Indah 1C, Taman Angkasa Indah, 43000 Kajang, Selangor
Jalan Elmina Ilham 17
No. 9, Jalan Elmina Ilham 17, Ilham Residence 2, Elmina East, Seksyen U16, 40160, 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 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.