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 DS 1/5
No. 632, Jalan DS 1/5, Bandar Dataran Segar, 71010 Port Dickson, Negeri Sembilan
Jalan Nusari Aman 1/4
No. 149, Jalan Nusari Aman 1/4, Nusari Aman 1, 71900 Bandar Sri Sendayan, Negeri Sembilan
Jalan Cempaka 17
No. 16, Jalan Cempaka 17, Taman Ros Mewah, 70450 Seremban, Negeri Sembilan
Jalan Kesuma 5/11
No. 31, Jalan Kesuma 5/11, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Jalan 12/2
No. 30, Jalan 12/2, Taman Cheras Jaya, 43200 Cheras, Selangor
Lorong Cakera Purnama 12/15
No. 58, Lorong Cakera Purnama 12/15, Seksyen 12, 42300 Bandar Puncak Alam, Selangor
Jalan BBN 5/2F
PT 7849, Jalan BBN 5/2F, Desa Jasmin, Putra Nilai, 71800, Nilai, Negeri Sembilan
Jalan 2/7D
No. 28, Jalan 2/7D, Bandar Rinching, Seksyen 2, 43500 Semenyih, Selangor
Jalan Rawang Putra 14
No. 6, Jalan Rawang Putra 14, Taman Bukit Rawang Putra, 48000 Rawang, Selangor
Jalan Gapi 1E
No. 13, Jalan Gapi 1E, Antara Gapi, 48200 Serendah, Selangor
Jalan Balakong Jaya 24A
No. 35, Jalan Balakong Jaya 24A, Taman Balakong Jaya, 43000 Kajang (On Site 43300 Seri Kembangan), Selangor
Jalan 1/3
No. 46, Jalan 1/3, Bandar Rinching, 43500, Semenyih, Selangor
Jalan Semarak 5B/3
No. 10, Jalan Semarak 5B/3, Perumahan Jalan Semarak, Seksyen 2, Bandar Utama, 44300 Batang Kali, Selangor
Jalan Simfoni 3
No. 42A, Jalan Simfoni 3, Simfoni Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Ritma 2/2
No. 11B, Jalan Ritma 2/2, Ritma Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Lorong Iringan Bayu 37/5
No. 1011, Lorong Iringan Bayu 37/5, Precint 3, Taman Iringan Bayu, 70300 Seremban, Negeri Sembilan
Jalan Parklands 5
No. 57, Jalan Parklands 5, Semenyih Parklands, 43700, Beranang, Selangor
Jalan Rentak 1/6
No. 84, Jalan Rentak 1/6, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan Tiara Sendayan 2/2
No. 186, Jalan Tiara Sendayan 2/2, Taman Tiara Sendayan, 71900, Labu, Negeri Sembilan
Lorong Iringan Bayu 37/1
No. 899, Lorong Iringan Bayu 37/1,, Precint 3, Taman Iringan Bayu, 70300 Seremban, Negeri Sembilan
Jalan Tiara Sendayan 8/3
No. 2654, Jalan Tiara Sendayan 8/3, Tiara Sendayan, 71900 Labu, Negeri Sembilan
Jalan Meranti 3/2
No. 75, Jalan Meranti 3/2, 42300 Bandar Hillpark, Puncak Alam, Selangor
Lorong Gedung Lalang 4/2
No. 44, Lorong Gedung Lalang 4/2, Gedung Lalang 50, 70400 Seremban, Negeri Sembilan
Jalan Pulai Impian 2
No. 57, Jalan Pulai Impian 2, Taman Pulai Impian, 70400, Seremban, 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 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.