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 Hamzah Alang 76
No. 37, Jalan Hamzah Alang 76, Di Jalan Kapar Batu 9 1/2, Taman Jaya, 42200, Kapar, Selangor
Jalan Kolam Air Lama B
No. 30, Jalan Kolam Air Lama B, Ampang Jaya, 68000 Ampang, Selangor
Taman Indah KLIA
No. 7, Jalan IK 3/5, Taman Indah KLIA, 43900 Sepang, Selangor
Jalan Panglima Awang 35/113
No. 29, Jalan Panglima Awang 35/113, Alam Impian, Seksyen 35, 40470 Shah Alam, Selangor
Jalan Turmalin Tiga 7/12c
No. 17, Jalan Turmalin Tiga 7/12c, Seksyen 7, 40000, Shah Alam, Selangor
Taman Desa Mas
No. 45, Jalan DM 1/10, Taman Desa Mas, 48000, Rawang, Selangor
Jalan Areca 6
No. 36, Jalan Areca 6, Pantai Sepang Putra, 43950, Sungai Pelek, Selangor
Jalan Astana Kemensah
No. 2, Jalan Astana Kemensah, Taman Astana Kemensah, 68000 Ampang, Selangor
Jalan Hulubalang 1/4
No. Premis 5, Jalan Hulubalang 1/4, The Vantage, Seksyen 4, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Jalan Akasia 3/KS6
No. 27, Jalan Akasia 3/KS6, Bandar Botanic, 41200, Klang, Selangor
Jalan Tiang Seri U8/73B
No. 32, Jalan Tiang Seri U8/73B, Bukit Jelutong, Seksyen U8, 40150, Shah Alam, Selangor
Jalan Flora 3E/17
No. 20, Jalan Flora 3E/17, Bandar Rimbayu (Flora), 42500, Telok Panglima Garang, Selangor
Jalan Saujana KLIA 3/4
No. 76, Jalan Saujana KLIA 3/4, Saujana KLIA, 43900, Sepang, Selangor
Jalan Dato' Tahir Manan
No. 160, Jalan Dato' Tahir Manan, Pekan Kapar, 42200, Kapar, Selangor
Taman Sri Gombak
No. 28, Jalan SG 1/14, Taman Sri Gombak, 68100 Batu Caves, Selangor
Lorong Intan 4
No. 19, Lorong Intan 4, Taman Batu Tiga, 40000, Shah Alam, Selangor
Jalan PJU 10/16E
No. 59, Jalan PJU 10/16E, Sutera Damansara, 47830, Petaling Jaya, Selangor
Jalan Setia Impian U13/7D
No. 45, Jalan Setia Impian U13/7D, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor
Jalan Paladium 7/33
No. 2, Jalan Paladium 7/33, Seksyen 7, 40000 Shah Alam, Selangor
Lorong Pending 2e
No. 42A, Lorong Pending 2e, Bandar Puteri, 41200, Klang, Selangor
Jalan Kajang Perdana 12/1
No. 37, Jalan Kajang Perdana 12/1, Taman Kajang Perdana, 43000, Kajang, Selangor
Jalan Putra Perdana 15/8
Premises No. 20, Jalan Putra Perdana 15/8, Taman Putra Perdana, 47130, Puchong, Selangor
Bandar Kinrara
No. 29, Jalan Bk 1/3, Bandar Kinrara, 47180, Puchong, Selangor
Jalan Tps 2/22
No. 65, Jalan Tps 2/22, Taman Pelangi Semenyih 2, 43500, Semenyih, 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.