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 Tiang Seri U8/73J
No. 49, Jalan Tiang Seri U8/73J, Seksyen U8, 40150 Shah Alam, Selangor
Jalan Putra Bahagia 8/2p
No. 38, Jalan Putra Bahagia 8/2p, Putra Heights, 47650, Subang Jaya, Selangor
Jalan Desiran Bayu
No. 48, Jalan Desiran Bayu, Taman Desiran Bayu, 53000 Kuala Lumpur
Jalan USJ 26/3A
No. 7, Jalan USJ 26/3A, 47640, Subang Jaya, Selangor
Jalan Hillpark 8/5
No. 33A, Jalan Hillpark 8/5, Hillpark 3, 43500, Semenyih, Selangor
Jalan 52/1
No. 23, Jalan 52/1, Desa Jaya, Kepong, 52100, Kuala Lumpur
Jalan PH 2/5
No. 2A, Jalan PH 2/5, Taman Puchong Hartamas, 47100, Puchong, Selangor
Jalan Spektrum U16/30
No. 14, Jalan Spektrum U16/30, Taman Bukit Subang, Seksyen U16, 40160, Shah Alam, Selangor
Jalan Bendahara 16/7
No. 8, Jalan Bendahara 16/7, Seksyen 7, Bandar Mahkota Cheras, 43200, Cheras, Selangor
Jalan Bukit Mewah 9/15
No. 2, Jalan Bukit Mewah 9/15, Taman Bukit Mewah, Semenyih, 43000, Kajang, Selangor
Jalan Sl 6/5
No. 18, Jalan Sl 6/5, Bandar Sungai Long, 43000, Kajang, Selangor
Jalan Elektron U16/94
No. 3, Jalan Elektron U16/94, Denai Alam, Seksyen U16, 40160 Shah Alam, Selangor
Jalan Alam Suria 15/3/1
No. 31, Jalan Alam Suria 15/3/1, Seksyen 15, 42300, Bandar Puncak Alam, Selangor
Jalan Udang Kertas
No. 2-102, Jalan Udang Kertas, Taman Sri Segambut, 52000, Kuala Lumpur
Jalan Alam Suria 16/3
No. 42, Jalan Alam Suria 16/3, Fasa 5a1 Seksyen 16, 42300, Bandar Puncak Alam, Selangor
Jalan Kota Puteri 5/16
No. 23, Jalan Kota Puteri 5/16, Seksyen 5, Kota Puteri, 48100 Batu Arang, Selangor
Jalan Gapi 2C/5
No. 2, Jalan Gapi 2C/5, Seksyen 2, Antara Gapi, 48200, Serendah, Selangor
Jalan SJ 30
No. 24, Jalan SJ 30, Taman Selayang Jaya, 68100, Batu Caves, Selangor
Jalan Seremban Tiga 4
No. 205, Jalan Seremban Tiga 4, Taman Seremban 3, 70300, Seremban, Negeri Sembilan
Jalan MR 1/18
No. 6, Jalan MR 1/18, Taman M Residensi (M Residence @ Rawang), 48020, Rawang, Selangor
Jalan Rentak 1/2
No. 22, Jalan Rentak 1/2, Rentak Perdana, LBS Alam Perdana, 42300 Bandar Puncak Alam, Selangor
Jalan BSC 3B/11
No. 21, Jalan BSC 3B/11, Bandar Seri Coalfields, 47000, Sungai Buloh, Selangor
Jalan 6
No. 4493, Jalan 6, Taman Tan Sri Manikavasagam, 43500 Semenyih, Selangor
Jalan Laksamana 7
No. 9, Jalan Laksamana 7, Taman Sentosa, 41200 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 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.