2768 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 Platinum 1/5
No. 12A-1, Jalan Platinum 1/5, Platinum Residence, 43800 Dengkil, Selangor
Jalan Rentak 1/6
No. 74, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan LEP 6/10
No. 18, Jalan LEP 6/10, Seksyen 6, Taman Lestari Putra, 47110, Puchong, Selangor
Jalan Hijau Pelangi U9/55
No. E-6-2, Primer Garden Town Villas, Jalan Hijau Pelangi U9/55, Cahaya SPK, 40150 Shah Alam, Selangor
Jalan Sena 1/3
No. 32, Jalan Sena 1/3, Taman Sena, 71450, Seremban, Negeri Sembilan
Jalan J3
No. 232, Jalan J3, Taman Melawati, 53100 Kuala Lumpur
Jalan SS 3/2
No. 23, Jalan SS 3/2, Taman Saujana Sekata, 43000 Kajang, Selangor
Jalan Irama Sendayan 1/2B
No. 114, Jalan Irama Sendayan 1/2B, Taman Irama Sendayan 1, 71900 Labu, Negeri Sembilan
Jalan Sungai Long 32/182
No. 29, Jalan Sungai Long 32/182, Taman Anugerah, Jalan Kampung Sri Gambut, Seksyen 32, 40460 Shah Alam, Selangor
Lorong Iringan Bayu 37/7
No. 1035, Lorong Iringan Bayu 37/7, Precint 3, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Tiara Sendayan 5/5
No. 1823, Jalan Tiara Sendayan 5/5, Tiara Sendayan, 71900, Labu, Negeri Sembilan
Jalan Kolej 5
PT 22078, Jalan Kolej 5, Desa Kolej, Putra Nilai, 71800 Nilai, Negeri Sembilan
Jalan Sari Alamanda 8/3a
No. 23, Jalan Sari Alamanda 8/3a, Sari Alamanda, 48000, Rawang, Selangor
Jalan Ritma 1/6
No. 36, Jalan Ritma 1/6, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Tiara Sendayan 6/5
No. 1976, Jalan Tiara Sendayan 6/5, Tiara Sendayan, 71900, Labu, Negeri Sembilan
Jalan Arowana 5
No. 246, Jalan Arowana 5, Taman Arowana, 71750 Lenggeng, Negeri Sembilan
Jalan Gapi 5A/7
No. 8, Jalan Gapi 5A/7, Seksyen 5, Antara Gapi, 48200 Serendah, Selangor
Lorong Hulubalang 9B/KS7
No. 30, Lorong Hulubalang 9B/KS7, Taman Sentosa, 41200 Klang, Selangor
Jalan 5/1A
No. 17, Jalan 5/1A, Akasia Park, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Ritma 1/2
No. 20, Jalan Ritma 1/2, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kesuma 8/2K
No. 98, Jalan Kesuma 8/2K, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Kesuma 8/3E
No. 98, Camellia Residence, Jalan Kesuma 8/3E, Seksyen 8, Bandar Tasik Kesuma, 43700, Beranang, Selangor
Jalan Impian Putra 4/4E
No. 6, Jalan Impian Putra 4/4E, Taman Impian Putra, 43000 Kajang, Selangor
Jalan KP 2/16
No. 39, Jalan KP 2/16, Taman Kajang Prima, 43000, Kajang, 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 2768 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.