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Property Auctions

Auction Properties in Malaysia

Search auction listings by location, reserve price and auction date.

Browse by Bank

Live auction listings grouped by the lending bank. Every count is a real property you can view today.

LPPSALPPSA165 listingsCIMBCIMB153 listingsAmBankAmBank105 listingsMaybankMaybank102 listingsPublic BankPublic Bank85 listingsRHBRHB69 listingsHong LeongHong Leong66 listingsBSNBSN40 listingsBank RakyatBank Rakyat40 listingsBank IslamBank Islam39 listingsAffinAffin29 listingsOCBCOCBC28 listings

Browse by State

Find bank lelong properties in your state.

Perak175 listingsPulau Pinang170 listingsSelangor165 listingsJohor160 listingsKedah125 listingsNegeri Sembilan108 listingsKelantan81 listingsPahang49 listingsTerengganu47 listingsKuala Lumpur43 listingsMelaka29 listingsPerlis4 listingsPutrajaya1 listing

How Bank Lelong Works in Malaysia

Bank auctions (lelong) let you buy property below market value — here is the process from search to keys.

1

Find a property

Browse live bank lelong listings by bank, state or reserve price, and study the Proclamation of Sale (POS) carefully.

2

Pay the deposit

Register with the auctioneer and place the deposit — typically around 10% of the reserve price, by bank draft.

3

Bid at auction

Attend the auction (physical or online) and bid. If you are the highest bidder, the property is knocked down to you.

4

Complete payment

Settle the balance purchase price — the remaining ~90% — usually within 90 to 120 days as stated in the POS.

5

Get vacant possession

Transfer the title and take possession. Auction properties are often sold as-is, so plan for eviction or repairs if needed.

Key risk: Vacant Possession

Winning the bid does not guarantee the property is empty. If the previous owner or tenants still occupy it, you may need a court order to evict them — a process that costs time and money. Always check the Proclamation of Sale for whether vacant possession is given, and inspect the property from outside before bidding.

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