| Type: | SEA Games |
| City: | Manila |
| Year: | 1981 |
| Size: | 150px |
| Games: | 1981 SEA Games |
| Host: | Philippines |
| Venue: | Rizal Memorial Coliseum |
| Dates: | 7–13 December |
| Men Teams: | 4 |
| Men Gold: | Philippines |
| Men Silver: | Malaysia |
| Men Bronze: | Thailand |
| Women Teams: | 5 |
| Women Gold: | Malaysia |
| Women Silver: | Philippines |
| Women Bronze: | Thailand |
| Prev: | Jakarta 1979 |
| Next: | Singapore 1983 |
The basketball tournament at the 1981 SEA Games took place from 7 to 13 December 1981. This edition of the tournament featured both men's and women's tournament. All matches took place at the Rizal Memorial Coliseum in Manila.
The hosts were able to regain the men's championship title by blasting the defending champions in the Gold Medal Match, 91–74, to avenge their preliminary loss to the same team. Meanwhile, edged out in the third place battle, 99–90, to take home the Bronze Medal.
In the women's division, asserted their supremacy by defeating the hosts the in the Gold Medal Match, 52–42, to annex their third straight championship. knocked off in the third place battle, 59–46, to win the Bronze Medal.
The competition format for both men's and women's event calls for the top two teams after the single round robin to face in the championship match. The third and fourth-placed teams, on the other hand, will battle for the Bronze Medal.
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| width=40 | Rank | width=180 | Team |
|---|---|---|---|
| 4 |
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| width=40 | Rank | width=180 | Team |
|---|---|---|---|
| 4 | |||
| 5 |