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 TPP 2/1
No. 107, Jalan TPP 2/1, Taman Pinggiran Pelangi, 48000, Rawang, Selangor
Jalan Nada Alam 3/6
No. 422, Jalan Nada Alam 3/6, Taman Nada Alam, 71700 Seremban, Negeri Sembilan
Taman Orkid Desa
No. 34, Jalan 34/142, Taman Orkid Desa, 56000 Kuala Lumpur
Jalan TKP 1
No. 54, Jalan TKP 1, Taman Kantan Permai, 43000 Kajang, Selangor
Jalan Seri Sementa 9
No. 5, Jalan Seri Sementa 9, Taman Seri Sementa, Batu 7, 42100 Klang, Selangor
Lorong Sungai Puloh 7A
No. 34, Lorong Sungai Puloh 7A, Taman Cempakasari, 42100 Klang, Selangor
Lorong Cakera Purnama 12/9
No. 75, Lorong Cakera Purnama 12/9, Seksyen 12, 42300, Bandar Puncak Alam, Selangor
Jalan Putra Perdana 16
No. 13, The Lake Residence, Jalan Putra Perdana 16, Putra Perdana, 47130 Puchong, Selangor
Jalan RPPD 3
No. 231, Jalan RPPD 3, Residensi Prima Port Dickson, 71010, Port Dickson, Negeri Sembilan
Jalan Semarak 2
No. 10, Jalan Semarak 2, Seksyen Bb7, 48300, Bukit Beruntung, Selangor
Jalan Samarinda 12
No. 5, Jalan Samarinda 12, Taman Klang Indah, 41000, Klang, Selangor
Jalan Desa Puteri 2
No. 5161, Jalan Desa Puteri 2, Taman Desa Puteri, 72100 Bahau, Negeri Sembilan
Jalan Desa Puteri 40
PT 2555, Jalan Desa Puteri 40, Taman Desa Puteri, 72100, Bahau, Negeri Sembilan
Jalan Cempaka 6
No. 6, Jalan Cempaka 6, Taman Cempaka, Senawang, 70450, Seremban, Negeri Sembilan
Jalan TTJ 2/13
No. 1315, Jalan TTJ 2/13, Taman Tuanku Jaafar, 71450, Seremban, Negeri Sembilan
Jalan Sri Penaga 17
No. 553, Jalan Sri Penaga 17, Taman Sri Penaga 2, 70400 Seremban, Negeri Sembilan
Jalan Hamzah Alang 58
No. 7, Jalan Hamzah Alang 58, Taman Intan, Jalan Kapar, 42200, Kapar, Selangor
Taman Pinggiran Senawang
No. 44, Jalan Ps 5/6, Taman Pinggiran Senawang, 71450, Seremban, Negeri Sembilan
Jalan Nusari Aman 7/8
No. 1781, Jalan Nusari Aman 7/8, Nusari Aman 3, 71950 Bandar Sri Sendayan, Negeri Sembilan
Jalan Ekar 4/6
No. 296, Jalan Ekar 4/6, Residensi Prima Bandar Ekar, Bandar Ekar, 71200, Rantau, Negeri Sembilan
Jalan Tbk 2/9
No. 12, Jalan Tbk 2/9, Taman Harmonium Indah, S2 Heights, 70200, Seremban, Negeri Sembilan
Jalan Semarak 44
No. 1623, Jalan Semarak 44, Taman Panchor Jaya, 70400, Seremban, Negeri Sembilan
Jalan Cuepacs 5K
No. 42, Jalan Cuepacs 5K, Taman Koperasi Cuepacs, 43000, Kajang, Selangor
Taman Banting Baru
No 4, Jalan BB 4/10, Taman Banting Baru, 42700, Banting, 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 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.