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.
Lorong Bendahara 47E
No. 54, Lorong Bendahara 47E, Taman Mewah Baru 2, 41200, Klang, Selangor
Jalan Tasik Senangin 16/7
Premises No. 56, Jalan Tasik Senangin 16/7, Bandar Tasik Senangin, 71750 Lenggeng, Negeri Sembilan
Jalan Dato Abdul Hamid 13
No. 11, Jalan Dato Abdul Hamid 13, Taman Sentosa, 41200, Klang, Selangor
Jalan Gadong Jaya 21
No. 1060, Jalan Gadong Jaya 21, Taman Gadong Jaya, 71900, Labu, Negeri Sembilan
Jalan Arked 3/3
No. 42, Jalan Arked 3/3, Taman Arked, 43800, Sepang, Selangor
Jalan Mantau Indah 2/5
No. 322, Jalan Mantau Indah 2/5, Taman Mantau Indah 2, 70300 Seremban, Negeri Sembilan
Jalan Springhill 10/4
No. 108, Jalan Springhill 10/4, Bandar Springhill, 71010 Port Dickson, Negeri Sembilan
Jalan Kedidi 3
No. 981, Jalan Kedidi 3, Taman Paroi Jaya, Ampangan, 70400 Seremban, Negeri Sembilan
Jalan Bil 7
No. 93, Jalan Bil 7, Taman Bayu Indera Lukut, 71010, Port Dickson, Negeri Sembilan
Jalan Matahari 11
No. 282, Jalan Matahari 11, Taman Matahari Heights Senawang, 70450 Seremban, Negeri Sembilan
Jalan Siantan 4
No. 81, Jalan Siantan 4, Taman Seri Paroi, 70400 Seremban, Negeri Sembilan
Jalan 1A/5
No. 32-1, Jalan 1A/5, Bandar Ainsdale, 70200 Seremban, Negeri Sembilan
Taman Sri Inai
No. 47, Sri Inai 1, Taman Sri Inai, 70450, Sikamat, Negeri Sembilan
Jalan Gunung Datok 27
No. 1052, Jalan Gunung Datok 27, Taman Angsamas, 70300, Seremban, Negeri Sembilan
Jalan Villa Kesuma Villa 6
No. 31-2, Jalan Villa Kesuma Villa 6, Villa Kesuma, Bandar Tasik Kesuma, 43700 Beranang, Selangor
Jalan LG3 1/26
No. 9, Jalan LG3 1/26, Taman Langat Utama 3, Bukit Changgang, 42700 Banting, Selangor
Jalan Pinggiran Bayu 2/2
No. 237, Jalan Pinggiran Bayu 2/2, Desa Pinggiran Bayu, 71700, Mantin, Negeri Sembilan
Jalan Desa Beringin 4
No. 175, Jalan Desa Beringin 4, Taman Desa Beringin, 70400 Seremban, Negeri Sembilan
Jalan Ttjs 3/6
No. 100, Jalan Ttjs 3/6, Taman Tuanku Jaafar, 71450, Seremban, Negeri Sembilan
Jalan Amansiara 3/1
No. 15-3, No. 15, Jalan Amansiara 3/1, Taman Amansiara, 48000 Rawang, Selangor
Jalan Bukit Rawang Putra 8
No. 13A, Jalan Bukit Rawang Putra 8, Taman Bukit Rawang Putra, 48000 Rawang, Selangor
Jalan Laksamana 11
No. 4, Jalan Laksamana 11, Taman Desawira, 42500 Telok Panglima Garang, Selangor
Jalan Bakawali 2B/4
No. 82, Jalan Bakawali 2B/4, Perumahan Jalan Bakawali, Bukit Sentosa, 48300, Rawang, Selangor
Jalan Keli 12
No. 10, Jalan Keli 12, Taman Seri Putera, 42700 Banting, 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.