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.
Town Villa 1
No. D-20-A, Town Villa 1, Cyberia, Cyber 11, 63000, Cyberjaya, Selangor
Jalan Anggerik 4C
No. 31, Jalan Anggerik 4C, Seksyen BS 7, Bandar Bukit Sentosa, 48300, Serendah, Selangor
Lorong Hamzah Alang 76A/KU9
No. 45, Lorong Hamzah Alang 76A/KU9, Taman Intan, 42200, Kapar, Selangor
Lorong Mahkota Impian 2/20
No. 43, Lorong Mahkota Impian 2/20, Seksyen 2, 42300 Bandar Puncak Alam, Selangor
Jalan TKC 3/6
No. 24, Jalan TKC 3/6, Taman Kota Cheras, 43200 Cheras, Selangor
Jalan Hamzah Alang 10
No. 18, Jalan Hamzah Alang 10, Taman Kapar Ria 2, 42200, Kapar, Selangor
Jalan Tekun 25/43
No. 18, Jalan Tekun 25/43, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Lebuh Gambus
No. 240, Lebuh Gambus, Taman Desawan, 41200 Klang, Selangor
Jalan 19/7
No. 44, Jalan 19/7, Seksyen 19, 40300, SHAH ALAM, Selangor
Lorong Dato Abdul Hamid 16
No. 16, Lorong Dato Abdul Hamid 16, Taman Sentosa, 41200, Klang, Selangor
Bandar Rinching
No. 56, Jalan 1/3, Bandar Rinching, 43500, Semenyih, Selangor
Jalan 4/11
No. 5, Jalan 4/11, Section 4, 43500 Semenyih, Selangor
Lorong Desa Melor 2/9
No. 278, Lorong Desa Melor 2/9, Taman Desa Melor, 70450 Senawang, Negeri Sembilan
Jalan Utama 42
No. 111, Jalan Utama 42, Taman Jaya Utama, 42500 Telok Panglima Garang, 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.