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.
Persiaran Wangsa Baiduri 1
No. 35, Persiaran Wangsa Baiduri 1, 47500 Subang Jaya, Selangor
Jalan Zuhrah U5/161
No. 25, Jalan Zuhrah U5/161, Taman Subang Murni, 40150 Shah Alam, Selangor
Jalan Eco Majestic 8/2C
No. 48, Jalan Eco Majestic 8/2C, Eco Majestic, 43500 Semenyih, Selangor
Jalan Sepakat Indah 7
No. 15, Jalan Sepakat Indah 7, Taman Sepakat Indah, Sungai Chua, 43000, Kajang, Selangor
Jalan Rentak 1/2
No. 26, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Suriaman 3/4
No. 963, Jalan Suriaman 3/4, Suriaman 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Springhill 7/8
No. 231, Jalan Springhill 7/8, Residence 7, Bandar Springhill, 71010, Port Dickson, Negeri Sembilan
Jalan Shorea Hartamas 8
No. 161, Jalan Shorea Hartamas 8, Taman Shorea Hartamas, 71050, Port Dickson, Negeri Sembilan
Lorong Delima 5
No. 62, Lorong Delima 5, Bandar Parklands, 41200 Klang, Selangor
Jalan Irama 2
No. 27, Jalan Irama 2, Irama Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Uranus U5/129
No. 20, Jalan Uranus U5/129, Bandar Pinggiran Subang, Seksyen U5, 40150, Shah Alam, Selangor
Jalan M Panora 1/3
No. 56, Jalan M Panora 1/3, Taman M-Residensi, 48020 Rawang, Selangor
Jalan KE 11/3
No. 8, Jalan KE 11/3, Kota Emerald, 48000 Rawang, Selangor
Jalan Tasik Senangin 16/11
No. 1, Jalan Tasik Senangin 16/11, Bandar Tasik Senangin, 71750, Lenggeng, Negeri Sembilan
Jalan MG 4
No. 32, Jalan MG 4, Taman Myra Gardens, 48050 Rawang, Selangor
Jalan Rentak 2/6
No. 10, Jalan Rentak 2/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Rentak 1/5
No. 35, Jalan Rentak 1/5, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Kancung Darat 28/7
No. 25, Jalan Kancung Darat 28/7, Taman Alam Megah, Seksyen 28, 40400, Shah Alam, Selangor
Jalan Sena 1/8
No. 60, Jalan Sena 1/8, Taman Sena, Sungai Gadut, 71450, Seremban, Negeri Sembilan
Jalan Ritma 2/7
No. 33 (Developer's Parcel No. RT-1900), Jalan Ritma 2/7, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Puteri 5D/2
No. 17, Jalan Puteri 5D/2, Bandar Puteri Bangi, 43000 Kajang, Selangor
Jalan Sunsuria 3C/1A
No. 6-2, Jalan Sunsuria 3C/1A, Monet Garden, Bandar Sunsuria, 43900 Sepang, Selangor
Jalan Ara Sendayan 1/2
No. 50, Jalan Ara Sendayan 1/2, Ara Sendayan, 70300 Seremban, Negeri Sembilan
Jalan 5A/4
No. 29, Jalan 5A/4, BTP 5, Bandar Tasik Puteri, 48020 Rawang, 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.