1638 Lelong Apartment / Condo in Kuala Lumpur
Looking for below-market apartments and condos in Kuala Lumpur? BidNest Auction presents a wide selection of bank auction properties across the city's prime districts. These auction house listings, frequently called 'lelong' properties, often start at 10, 40% below market value, making them a smart entry point for investors and first-home buyers. The process is straightforward: register, pay the 10% deposit, and bid on auction day. Contact Peter Tan today for upcoming auction dates, reserve prices, and a smooth bidding guide.
KLCC Luxury Suites
No. 5-9, KLCC Luxury Suites, Damai 88, Off Jalan Ampang, 55000 Kuala Lumpur
Residensi Pentagon Mont Kiara
No. 05-05, Residensi Pentagon Mont Kiara, No 19, Jalan Kiara 5, 50480 Mont Kiara, Kuala Lumpur
KLCC Luxury Suites
No. 5-10, KLCC Luxury Suites, Damai 88, Off Jalan Ampang, 55000 Kuala Lumpur.
Desa Kudalari
No. 802, Desa Kudalari, Lorong Kuda, 50450 Kuala Lumpur
Pavillion Damansara Heights
No. R2S-29-3A, Pavillion Damansara Heights, No 3, Jalan Damanlela, Kuala Lumpur
Residensi Sefina
No. 15-3A, Residensi Sefina, Jalan Kiara 3, Mon't Kiara, 50480 Kuala Lumpur
Tower 1
No. 1-45-7, Tower 1, The Park 2 (Residensi Park 2), Pavilion Bukit Jalil, No. 2, Persiaran Jalil 5, Bukit Jalil, 57000 Kuala Lumpur
Residensi Star 2
No. 2-12-2, Residensi Star 2, No. 1, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
Kiaraville
No. A-3-6, Kiaraville, Changkat Duta Kiara, 50480 Mont' Kiara, Kuala Lumpur
Intan Kenny Condominum
No. 31-2-2, Intan Kenny Condominum, Persiaran Bukit Tunku, Bukit Tunku, 50480, Kuala Lumpur
Dorsett Residensi Bukit Bintang
No. 19-09, Dorsett Residensi Bukit Bintang, No. 172A, Jalan Imbi, Pudu, 55100 Kuala Lumpur
Residensi Wangsa 9
No. C-18-2, Residensi Wangsa 9, Jalan Wangsa Perdana 1, Wangsa Maju, 53300 Kuala Lumpur
South Brooks
No. T2-27-11, South Brooks, No. 7, Jalan Residen Utama, Desa Parkcity, 52200 Kuala Lumpur
Binjai Residency
No. B-16-2, Binjai Residency, No. 1, Lorong Binjai, 50450 Kuala Lumpur
Residensi Gen
No. 13-06, Residensi Gen (GenKL), Jalan Kuchai 3, Taman Lian Hoe, 58200 Kuala Lumpur
Tower B
No. B-19-06, Tower B, The Horizon Residences, No. 420, Jalan Tun Razak, 50400 Kuala Lumpur
Tiffani Kiara
No. A-10-07, Tiffani Kiara, No. 1, Changkat Duta Kiara, Mont Kiara, 50480 Kuala Lumpur
Residensi Sunway Belfield
No. B-25-07, Residensi Sunway Belfield, No. 1, Jalan Belfield, 50460 Kuala Lumpur
Residensi Star 2
No. 2-48-3A, Residensi Star 2, No. 1, Jalan Yap Kwan Seng, 50450 Kuala Lumpur.
Residensi Lucentia
No. T1-46-06, Residensi Lucentia, Bukit Bintang City Centre, No. 2, Jalan Hang Tuah, 55100 Kuala Lumpur
Arcoris
No. B1-15-7, Arcoris, Jalan Kiara, Mont' Kiara, 50480 Kuala Lumpur
Stonor 3
No. 13A-12, Stonor 3, No. 3, Lorong Stonor, 50450 Kuala Lumpur
Arcoris
No. B1-2-11, Arcoris, No. 10, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
Arcoris Residences
No. B2-7-3, Arcoris Residences, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
How to Buy an Auction Property in Kuala Lumpur
- 1Shortlist properties
Browse auction listings in Kuala Lumpur, 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
How many apartment / condo auctions are there in Kuala Lumpur?+
There are currently 1638 bank auction (lelong) apartment / condo properties in Kuala Lumpur, updated regularly.
How much below market are Kuala Lumpur apartment / condo auctions?+
Reserve prices for apartment / condo auctions in Kuala Lumpur are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong apartment / condo in Kuala Lumpur?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Kuala Lumpur?+
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 Kuala Lumpur?+
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.