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.
Jalan Nilam 13
No. 403, Jalan Nilam 13, Taman Jayamas, 70200, Seremban, Negeri Sembilan
Jalan VS 1
No. 2A-3, Villa Senja, Jalan VS 1, 48000 Rawang, Selangor
Jalan Jentayu 3
No. 33, Jalan Jentayu 3, Taman Sri Putih, 70300, Seremban, Negeri Sembilan
Jalan KM 23
No. 15A, Jalan KM 23, Kita Mekar, Cybersouth, 43800 Dengkil, Selangor
Jalan KM 19
No. 34, Jalan KM 19, Kita Mekar, Cybersouth, 43800 Dengkil, Selangor
Jalan Kesumba 3A/6
No. 22, Jalan Kesumba 3A/6, Perumahan Jalan Kesumba, Bukit Beruntung, 48300 Rawang, Selangor
Jalan Saga 27
No. 27, Jalan Saga 27, Taman Saga, 68000 Ampang, Selangor
Jalan Zamrud 9
No. 103, Jalan Zamrud 9, Taman Zamrud, 72200 Batu Kikir, Negeri Sembilan
Jalan Cempaka 2
No. 72B, Jalan Cempaka 2, Cempaka Seri 1 Town Villas, Bandar Baru Kota Sri Mas, Negeri Sembilan
Jalan Merpati 16
No. 7, Jalan Merpati 16, Taman Setia Jaya, 42700 Banting, Selangor
Jalan Perdana 10
No. 271, Jalan Perdana 10, Taman Bukit Perdana, 71050, Port Dickson, Negeri Sembilan
Jalan Bayan 10
No. 469, Jalan Bayan 10, Taman Desa Rasah, 70300 Seremban, Negeri Sembilan
Jalan Musytari 10
No. 146 (PT 2670), Jalan Musytari 10, Taman Musytari, 72200 Batu Kikir, Negeri Sembilan
Jalan Seri Mambau A11
No. 219, Jalan Seri Mambau A11, Taman Seri Mambau, 70300 Seremban, Negeri Sembilan
Jalan Bss 3/3E
No. 2142, Jalan Bss 3/3E, Bandar Seremban Selatan, 71450 Seremban, Negeri Sembilan
Jalan Springhill 1/26
No. 215, Jalan Springhill 1/26, Bandar Springhill, 71010, Port Dickson, Negeri Sembilan
Jalan Desa Pd 1
No. 31, Jalan Desa Pd 1, Taman Desa Pd, 71200, Port Dickson, Negeri Sembilan
Jalan Bukit Sendayan 20
No. 526, Jalan Bukit Sendayan 20, Taman Bukit Sendayan, 71900, Labu, Negeri Sembilan
Jalan Tan 5/10
No. 49, Jalan Tan 5/10, Taman Tuanku Ampuan Najihah, Sungai Gadut, 71450, Seremban, Negeri Sembilan
Jalan Politeknik 6A
No. 368, Jalan Politeknik 6A, Taman Politeknik, Batu 9, Jalan Pantai, 71050, Port Dickson, Negeri Sembilan
Jalan Desa PD 15
No. 616, Jalan Desa PD 15, Taman Desa PD, 71200 Port Dickson, Negeri Sembilan
Jalan Rasa Sayang 6
No. 172, Jalan Rasa Sayang 6, Taman Rasa Sayang, 72000 Kuala Pilah, Negeri Sembilan
Jalan Desa PD 4
No. 172, Jalan Desa PD 4, Taman Desa PD, 71200, Port Dickson, Negeri Sembilan
Jalan Rasa Sayang 6
No. 177, Jalan Rasa Sayang 6, Taman Rasa Sayang, 72000 Kuala Pilah, Negeri Sembilan
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.