Bank Lelong Property Malaysia — Complete Guide 2026

Maybank, CIMB, Public Bank, HLB, RHB and AmBank — deposit requirements, timelines, e-bidding platforms and hidden costs compared side by side.

Bank-by-Bank Comparison

All major Malaysian banks compared on the factors that matter for buyers.

BankDepositBalance DueFrequencyE-BiddingPlatform
Maybank10% of reserve price90 daysWeekly (Tue–Thu)YesOnline (auctionguru.com.my / ngchanmau.com)
CIMB Bank10% of reserve price120 daysBi-weeklyYesauctions.com.my
Public Bank (PBB)10% of reserve price90 daysMonthlyNoNo dedicated platform — listed via auctioneers
Hong Leong Bank (HLB)10% of reserve price90 daysMonthlyNohlb.com.my/property-auction
RHB Bank10% of reserve price120 daysMonthlyNoVarious auctioneers
AmBank10% of reserve price90 daysIrregularNoNo central platform

Detailed Bank Profiles

Maybank

Online bidding
AuctioneerNg Chan Mau & Co
Deposit10% of reserve price
Balance paymentWithin 90 days
FrequencyWeekly (Tue–Thu)
Property typesResidential, commercial, industrial

Highest volume of auctions nationally. Online bidding available for most listings.

CIMB Bank

Online bidding
AuctioneerProperty Auction House Sdn Bhd
Deposit10% of reserve price
Balance paymentWithin 120 days
FrequencyBi-weekly
Property typesResidential & commercial

auctions.com.my provides advanced search by state and property type.

Public Bank (PBB)

AuctioneerVarious (Ng Chan Mau, Henry Butcher)
Deposit10% of reserve price
Balance paymentWithin 90 days
FrequencyMonthly
Property typesMainly residential

Lower volume but less competition per listing. No central listing page.

Hong Leong Bank (HLB)

AuctioneerHenry Butcher Auction & Real Estate
Deposit10% of reserve price
Balance paymentWithin 90 days
FrequencyMonthly
Property typesResidential, commercial

HLB lists auctions on own site. Physical auction at Henry Butcher KL office.

RHB Bank

AuctioneerWorldwide Auctioneers / CH Williams
Deposit10% of reserve price
Balance paymentWithin 120 days
FrequencyMonthly
Property typesResidential & commercial

Lower auction volume vs Big 3. Often fewer bidders = better deals.

AmBank

AuctioneerVarious
Deposit10% of reserve price
Balance paymentWithin 90 days
FrequencyIrregular
Property typesMainly residential

Least volume of major banks. Low competition — can find underpriced listings.

Hidden Costs of Buying Lelong Property

The reserve price is just the start. Budget for these additional costs.

Auction deposit (refundable if you lose)10% of reserve price
Stamp duty on auction price1–3% (same as normal purchase)
Legal fees (SPA + loan)~0.4–1% of price
Auctioneer's commissionUsually absorbed by bank
Vacant possession legal action (if occupied)RM5,000–RM20,000+
Renovation/repair (often needed)RM10,000–RM100,000+

Rule of thumb: Add 15–25% on top of the auction price for total cost of ownership. A property auctioned at RM400k may cost RM460k–RM500k all-in. Always compare against NAPIC transaction data to verify the discount is real.