2789 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 SJ 5/6
No. 5933, Jalan SJ 5/6, Taman Seremban Jaya, 70450, Seremban, Negeri Sembilan
Lorong Sri Pelating 2
No. 39, Lorong Sri Pelating 2, Taman Sri Pelating, 72100, Bahau, Negeri Sembilan
Jalan Sengkang 5
No. 83, Jalan Sengkang 5, Taman Sengkang, 71250, Pasir Panjang, Negeri Sembilan
Jalan Ttj 2/11
No. 1551, Jalan Ttj 2/11, Taman Tuanku Jaafar, 71450, Seremban, Negeri Sembilan
Jalan Iringan Bayu 45/2
No. 771, Jalan Iringan Bayu 45/2, Taman Iringan Bayu Precint 11, 70300 Seremban, Negeri Sembilan
Jalan Simfoni 4
No. 76B, Jalan Simfoni 4, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Raja Udang 9
No. 35, Jalan Raja Udang 9, Pantai Sepang Putra, 43950, Sungai Pelek, Sepang, Selangor
Jalan Dato Abdul Hamid 14
No. 91, Jalan Dato Abdul Hamid 14, Taman Sentosa, 41200, Klang, Selangor
Lorong Gugusan Alam 7/18
No. 12, Lorong Gugusan Alam 7/18, Section 7, 42300, Bandar Puncak Alam, Selangor
Jalan 4/17
No. 13, Jalan 4/17, Bandar Tasik Puteri, 48020 Rawang, Selangor
Jalan Pulau Angsa U10/17
No. 13, Jalan Pulau Angsa U10/17, Taman Puncak Perdana, Seksyen U10, 40170 Shah Alam, Selangor
Jalan Tiara Sendayan 2/3
No. 212, Jalan Tiara Sendayan 2/3, Taman Tiara Sendayan, 71900, Labu, Negeri Sembilan
Lorong Iringan Bayu 36/4
No. 685, Lorong Iringan Bayu 36/4, Precint 3, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan kemboja 4C/4
No. 51, Jalan kemboja 4C/4, Perumahan Jalan Kemboja Seksyen BS8, 48300, Rawang, Selangor
Jalan Semenyih Jaya 3
No. 2, Jalan Semenyih Jaya 3, Taman Semenyih Jaya, 43500 Semenyih, Selangor
Jalan Seroja 3
No. 141, Jalan Seroja 3, Desa Seroja, Jalan Reko, 43000, Kajang, Selangor
Jalan Sungai Kapar Indah 11
No. 39, Jalan Sungai Kapar Indah 11, Taman Sungai Kapar Indah, 42200, Kapar, Selangor
Jalan Impian 3
No. 2A, Jalan Impian 3, Taman Impian Indah, 47000, Sungai Buloh, Selangor
Jalan RPPD 1
No. 34, Jalan RPPD 1, Residensi Prima Port Dickson, 71010 Port Dickson, Negeri Sembilan
Jalan Damai Perdana 15/1F
No. 22, Jalan Damai Perdana 15/1F, Bandar Damai Perdana, 56000 Cheras, Selangor
Jalan KB 6
No. 31-G, Jalan KB 6, Kita Bayu, Cybersouth, 43800 Dengkil, Selangor
Kampung Paya
No. 4950, Kampung Paya, Batu 2 Jalan Seremban, 71000, Port Dickson, Negeri Sembilan
Jalan Sungai Besi Indah 1/14
No. 3a, Jalan Sungai Besi Indah 1/14, Taman Sungai Besi Indah, 43300, Seri Kembangan, Selangor
Solok Pendamaran Jaya 15
No. 86, Solok Pendamaran Jaya 15, Pendamaran Jaya, 42000 Klang, 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 2789 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.