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 Topaz 2/17
No. 5, Jalan Topaz 2/17, Taman Seri Changgang 2, Bukit Changgang, 42700, Banting, Selangor
Lorong Permai 5b
No. 2a, Lorong Permai 5b, Taman Pendamaran Permai, 42000, Pelabuhan Klang, Selangor
Jalan PJS 10/16
No. 524, Jalan PJS 10/16 (Jalan Rambutan), 46000 Petaling Jaya, Selangor
Lorong Dato Yusof Shahbudin 10C
No. 25, Lorong Dato Yusof Shahbudin 10C, (sebelum ini dikenali sebagai, Jalan Dato Yusof Shahbudin 10C), Taman Sentosa, 41200, Klang, Selangor
Lorong Sungai Kapar Indah 13D
No. 7, Lorong Sungai Kapar Indah 13D, Sungai Kapar Indah, 42200, Kapar, Selangor
Jalan Pahlawan 23
No. 62, Jalan Pahlawan 23, Taman Pahlawan, 42500, Telok Panglima Garang, Selangor
Lorong Iringan Bayu 36/4
No. 685, Lorong Iringan Bayu 36/4, Precint 3, Taman Iringan Bayu, 70300, Seremban, Negeri Sembilan
Jalan Jasa Tiga 25/27c
No. 8, Jalan Jasa Tiga 25/27c, Taman Sri Muda, Seksyen 25, 40400, Shah Alam, Selangor
Lorong Sentul Jaya 3
No. 15, Lorong Sentul Jaya 3, Taman Kosmo Jaya, 51100 Kuala Lumpur
Lorong Dungun
No. 36, Lorong Dungun, Damansara Heights, 50490 Kuala Lumpur
Lorong Rahim Kajai 9
No. 21 & 23, Lorong Rahim Kajai 9, Taman Tun Dr Ismail, 60000 Kuala Lumpur
Jalan Setia Perdana U13/30a
No. 46, Jalan Setia Perdana U13/30a, Setia Alam, 40170, Shah Alam, Selangor
Jalan Denai Selatan
No. 39, Jalan Denai Selatan, SouthLake, Desa Parkcity, 52200 Kuala Lumpur
Jalan Terasek 7
No. 83, Jalan Terasek 7, Bangsar Baru, 59100 Kuala Lumpur
Jalan Kemuning Permai 33/42g
No. 5, Jalan Kemuning Permai 33/42g, Taman Kemuning Utama, Seksyen 33, 40400, Shah Alam, Selangor
Jalan BRP 2/1H
No. 24, Jalan BRP 2/1H, Bukit Rahman Putra, 40160, Shah Alam, Selangor
Jalan Bukit Templer
No. 28, Jalan Bukit Templer, Taman Bukit Templer, 48000 Rawang, Selangor
Jalan Murni
No. 5-7, Anjung Damai, Jalan Murni, 55000, Kuala Lumpur, Kuala Lumpur
Jalan Putra Perdana 12
No. 11, Jalan Putra Perdana 12, The Glades, Putra Heights, Off Persiaran Putra Perdana, Seksyen 3, Putra Heights, 47650 Subang Jaya, Selangor
Jalan NPT 7/1C
No. 1, Jalan NPT 7/1C, Taman Nusaputra Timur, 47130, Puchong, Selangor
Taman Tun Abdul Razak
No. 35, Jalan 14/3, Taman Tun Abdul Razak, 68000, Ampang, Selangor
Jalan Tiang Seri U8/73J
No. 49, Jalan Tiang Seri U8/73J, Seksyen U8, 40150 Shah Alam, Selangor
Jalan Mirage 1
No. 42, Jalan Mirage 1, Mirage Perdana Lake View West, Cyber 7, 63000, Cyberjaya, Selangor
Jalan Sepah Puteri 5/3
No. 172, Jalan Sepah Puteri 5/3, Seri Utama, Kota Damansara, PJU 5, 47810 Petaling Jaya, 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.