2835 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 Skj 4/5
No. 58, Jalan Skj 4/5, Taman Scientex Kundang Jaya, 48020, Rawang, Selangor
Jalan Damar Merah 4
No. 9, Jalan Damar Merah 4, Taman Pendamar Indah 2, 42000, Pelabuhan Klang, Selangor
Lorong Raja Nong 2A
No. 8, Lorong Raja Nong 2A, DI Jalan Raja Nong, 41000, Klang, Selangor
Jalan Awana 1
No. 23, Jalan Awana 1 (Satu), Taman Cheras Awana, 43200, Cheras, Selangor
Jalan Dc 3/19
No. 5, Jalan Dc 3/19, Desa Coalfields, 47000, Sungai Buloh, Selangor
Lorong Reko Jaya 3
No. 10, Lorong Reko Jaya 3, Taman Reko Jaya, 43000 Kajang, Selangor
Jalan Idaman Bayu 1/1
No. 7, Jalan Idaman Bayu 1/1, Idaman Bayu 1, 71950, Bandar Seri Sendayan, Negeri Sembilan
Lorong Iringan Bayu 41/4
No. 422, Lorong Iringan Bayu 41/4, Precint 8 , Taman Iringan Bayu, 70300 Seremban, Negeri Sembilan
Lorong Iringan Bayu 42/2
No 662, Lorong Iringan Bayu 42/2, Precint 8 , Taman Iringan Bayu, Mambau, 70300, Seremban, Negeri Sembilan
Jalan Ara Sendayan 5/7
No. 1106, Jalan Ara Sendayan 5/7, Ara Sendayan, 70300 Seremban, Negeri Sembilan
Jalan Bakti YNS 1/6
No.221, Jalan Bakti YNS 1/6, Taman Bakti YNS, 71900, Labu, Negeri Sembilan
Jalan Nusari Aman 8/6
No. 149, Jalan Nusari Aman 8/6, Nusari Aman 3, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Kolej 1
No. PT 22218, Jalan Kolej 1, Taman Desa Kolej, Bandar Baru Nilai, 71800 Nilai, Negeri Sembilan
Lorong Nusari Aman 4/5A
No. 1354, Lorong Nusari Aman 4/5A, Nusari Aman 2, 71950, Bandar Sri Sendayan, Negeri Sembilan
Jalan Nada Alam 2/3
No. 82, Jalan Nada Alam 2/3, Taman Nada Alam, Batang Benar, 71700, Mantin, Negeri Sembilan
Jalan Bukit Galena 15
No. 690, Jalan Bukit Galena 15, Taman Bukit Galena, 70200 Seremban, Negeri Sembilan
Jalan S2 K7
No. 65, Jalan S2 K7, Vision Homes, Seremban 2, 70300 Seremban, Negeri Sembilan
Lorong Iringan Bayu 35/4
No. 409, Lorong Iringan Bayu 35/4, Precint 3 , Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Lorong Iringan Bayu 35/2
No. 357, Lorong Iringan Bayu 35/2, Precinct 3, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Rp 5/4
No. 15, Jalan Rp 5/4, Taman Rawang Perdana, 48000, Rawang, Selangor
Jalan Pahlawan 32/3
No. 16, Jalan Pahlawan 32/3, Seksyen 3, Bandar Mahkota Cheras, 43200 Batu 9, Cheras, Selangor
Jalan Nirwana 10
No. 40, Jalan Nirwana 10, Taman Nirwana, 68000, Ampang, Selangor
Jalan Sejahtera 28
No. 592, Jalan Sejahtera 28(lorong 28), Taman Acbe, 72100, Bahau, Negeri Sembilan
Jalan Bayu Melawati 2
No. 24, Jalan Bayu Melawati 2, Taman Bayu Melawati, 45000, Kuala Selangor, 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 2835 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.