75 Auction Properties Under RM50,000 (Lelong)

Bank auction (lelong) properties under RM50,000 for sale, 75 listings currently across Kuala Lumpur, Selangor, Negeri Sembilan and Putrajaya. Reserve prices typically sit 10-40% below market value, and drop further after several unsold rounds, making this one of the most affordable routes into owning a property. The process is straightforward: register, pay the 10% deposit, then bid on auction day. Contact Peter Tan for auction dates and bidding details.

From the BidNest market report: auction properties up to rm100,000 clear at 40.7% (664 auctions sampled). Lower price brackets draw more bidders, so get loan pre-approval before bidding. See the full market report →

Frequently asked questions

How many auction properties are under RM50,000?
There are currently 75 bank auction (lelong) listings with a reserve price under RM50,000, updated regularly.
What should I watch out for at this price?
Cheaper units have usually been auctioned several times and may carry outstanding maintenance charges, utility bills, or need vacant possession sorted out by the buyer. Always read the Proclamation of Sale and conditions of sale before bidding.
Can I get a loan for a property under RM50,000?
Yes, though some banks decline very small loan amounts. Get pre-approval before bidding. Contact Peter Tan for details.